RealPage® Procurement Suite
Boost NOI By Maximizing Your Purchasing Power
The RealPage® Procurement suite delivers the most comprehensive purchasing solution for rental real estate, allowing property management companies to automate their procurement process, control rogue spending with greater transparency and reduce risk. Gain full control of your purchasing, invoicing and vendor management processes with white-glove services that include customized reporting and actionable spend insights that directly impact savings.
Everything You Need for A Comprehensive Procurement Solution
Find out how to Boost NOI and Maximize Purchasing Power with the Procurement Suite.
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Streamlines purchasing, invoicing and vendor activities to reduce operating expenses, drive purchasing power and increase overall efficiencies.
Hundreds of property management companies covering over 1 million units currently leverage group purchasing to get the best products at the biggest discounts.
Reduces the costs related to vendor liability risk with a full-service solution that manages vendor services and helps to ensure compliance.
Enables property management companies and vendors to connect and communicate effectively throughout the entire procurement and invoice lifecycle.
Save an average of up to 5% on catalog spend, which drives an average $25 per unit annually in savings.1
Save an average of $16 per unit annually in invoice processing efficiencies.2
RealPage processed 2.1M paper invoices in 2019 for clients, saving $6-14 per invoice.2
1Estimates based on savings by RealPage clients using GPO Supplier Network and managed catalog vendors.
2Based on savings by RealPage Invoice Processing clients when vendors fulfill the order and submit online invoices vs. paper.
“RealPage Spend Management Solution has helped our NOI… It allows for electronic cost savings with our catalog vendors…and frees up time for managers to focus on leasing”
“One of the things we wanted to make more automated and seamless was the invoicing and payment process. RealPage Spend Management really fit and checked all those boxes and came with other benefits…Now our vendors are part of the process. We know where our site managers stand. And it’s really easy to make any corrections to purchase orders. It’s as simple as clicking on ‘edit’.”
“RealPage’s approved vendor catalogs allowed us to set up standardized product across our entire portfolio…We know that [site staff is] purchasing from the vendors we want at the prices negotiated. Having the entire e-procurement system online has provided us much greater visibility into spend management. We can see exactly what’s going on in real time with the spend at the site level.”