RealPage Helps Multifamily Property Managers Control Spend

How e-invoicing in RealPage Spend Management enables multifamily property management companies to reduce invoice processing time and achieve up to 140% ROI

Controlling spend is a constant struggle for multifamily property management companies. Unauthorized spending, lack of standardization, paper-based workflows and inefficient vendor processes raise costs and impede operational efficiency. This case study profiles three RealPage® Spend Management customers who have overcome spend management hurdles by modernizing procurement workflows, enforcing corporate purchasing policies, and tracking metrics like unauthorized purchases and rogue purchase orders.

All three property management companies now have visibility and governance of purchasing activities and are seeing tangible business outcomes as a result. Invoice tracking errors are a thing of the past and invoice processing time is down from 30 days to just four – five days. And ROI is up 140% in just one year after implementing the built-in catalog solution. The case study gives even more details.