(February 28, 2006)—RealPage, Inc., a leading provider of on-demand software and services to the multifamily industry, today announced that it has enhanced its web-based software to offer a powerful new integration between its OneSite© Accounting, OneSite Leasing & Rents and OneSite Purchasing systems.
OneSite Accounting is a home office tool that includes general ledger, accounts payables, cash management and consolidation systems. The new integration includes enhanced drill-down capability that allows corporate accountants to drill down from the OneSite Accounting’s general ledger to the bank deposit summary, bank deposit detail and the resident accounting ledger or resident deposit ledger in OneSite Leasing & Rents, the core property management system in the OneSite suite.
“OneSite Accounting is tightly integrated with OneSite Leasing & Rents,” said Don Wood, product manager for RealPage. “Users can drill down from the OneSite Accounting general ledger to see the residents’ payment details in OneSite Leasing & Rents. This enables the accounting department to be far more efficient by reducing time spent researching transactions.”
The integration also extends to OneSite Purchasing, RealPage’s purchase approval and control system. The new integration now enables clients to log on to one site to instantly access both their accounting and operational information. Source information entered by the site personnel is easily accessible in OneSite Accounting.
“If the user is in OneSite Accounting, he or she does not need to access the purchasing system for up-to-the-minute information. The data is all right there,” said Wood. “In addition, while in OneSite Accounting, the user can further drill down to the line-item details of the invoice, the purchase order that supports that invoice and the line-item detail of the purchase order.”
RealPage offers the only end-to-end financial application solution for the multifamily industry. All financial transactions from the other OneSite components—leasing, rents, payments, screening and purchasing—now flow automatically into accounting, where the data is used for multiple-budgets comparison and customized reporting. With centralized control of cash flow and vendor relations, OneSite users can simultaneously manage multiple sites.
OneSite is RealPage’s integrated, on-demand property management suite of products that automate the entire process of leasing, renting and managing apartments, including fast and easy applicant screening, comprehensive facilities maintenance, simplified purchasing and expense controls, professional accounting and convenient online rent payment. For more information on OneSite and other RealPage products and services, please visit www.realpage.com.
Located in Carrollton, Texas, a suburb of Dallas, RealPage provides property management products and services to more than 20,000 apartment communities across the United States. It currently has four major product lines: OneSite© on-demand property management systems that automate property management functions while providing real-time access to important data; CrossFire© on-demand property marketing systems that automate and enhance the process of capturing and entering leads; YieldStar™ on-demand asset management systems that help owners and managers optimize asset values through revenue management, portfolio management and market intelligence and Velocity™ utility management and billing services that help accelerate payments for rent, utility charges, late fees and small balances. For more information, please call 1-87-REALPAGE or visit www.realpage.com.