Think Outside the Cubicle: Property Accounting Services, Outsourced
Instead of investing in building a back-office accounting department complete with office equipment and furniture, put your money where the highest return is: new business development, optimizing revenue, enabling strategies to drive property value—your future. SmartSource Accounting from RealPage helps to ensure on-time and accurate financials without the hassle of staffing and training an entire accounting team, or being encumbered by fluctuating accounting capacity demands. For multifamily and commercial firms, SmartSource Accounting is the smartest business move you can make.
Outsource to Outperform
Outsourced property accounting delivers significant time savings, freeing you and your team up to focus on more strategic initiatives. Here’s howSmartSource Accounting can change the growth picture for your firm:
BANK IT. DON’T BUILD IT.
With SmartSource Accounting, you’ll save money on overhead expenses, such as salaries, benefits, office space, equipment and software licenses, and more—savings you can take to the bank.
Standard staffing challenges such as turnover, vacations, paid leave of absences, illnesses—issues that can lead to additional temporary labor costs—are all a thing of the past when you outsource to RealPage.
COUNT ON CONSISTENCY
Your SmartSource Accounting team is dedicated to your business and your success. You can count on the fact that you’ll receive accurate and predictable financials—consistently.
The RealPage SmartSource team is a highly experienced group of financial professionals offering depth of knowledge about best practices in the real estate industry. Capitalize on proven processes—don’t reinvent them.
Our team brings a wide variety of valuable expertise to the table from multiple industry portfolios, including multifamily and commercial-specific experience. And because we utilize the industry-leading RealPage Accounting platform, you can be sure we know your business.
By outsourcing, you’ll be able to easily scale up or down to match your firm’s needs, such as new acquisitions or dispositions. You pay for the accounting labor you need, only when you need it.
Full-Service Residential and Commercial Property Accounting
When you trust RealPage SmartSource to handle your back-office accounting, you’re working with the best in the business for A-to-Z accounting services, including A/P, A/R and G/L, funding, refinancing and audit support, real estate tax payment optimization and management and much more. No matter what you need, we customize our team to fit the requirements of your business.
Outsource Your Multifamily Accounting to Us
RealPage SmartSource Accounting Services
Don’t invest in building a back-office accounting department complete with office equipment and furniture, put your money where the highest return is: new business development, optimizing revenue, enabling strategies to drive property value.
SmartSource Accounting from RealPage helps to ensure on-time and accurate financials without the hassle of staffing and training an entire accounting team, or being encumbered by fluctuating accounting capacity demands.
Stay On Top of Job Costs and Stay In Control of Your Budget
Watch the Job Cost Solution Overview Presentation
Keeping track of job costs for any capital project—unit renovations, new development, improvements and even internal projects—can be challenging even for the most organized among us.
Find out about best practices and proven processes to help stay on top of every dollar in this informative, on-demand webcast, Tracking Capital Project Costs.
Property Management Accounting Services Reviewed
Why Jill Meals-Herron chose SmartSource for outsourcing property management accounting services.
Is accounting your business? At Flaherty and Collins Properties, the number one focus is their residents; not accounting. This property management company chose to simplify accounting duties for non-accountants, specifically their property managers, apartment staff and regional managers.
Outsourcing accounting delivers significant time savings, freeing you and your team up to focus on more strategic initiatives.
Become an Insider: Outsourced Accounting News & Articles
Property Accounting: Making Owners Nimble and Cash Flow
Apartment owners and operators love the business of real estate. Creating value. Improving process. Trading assets.
But accounting, producing financial reports and other repetitive functions? Not so much.
The core of utility management is found in the books. And while keeping the books is critical to the value of an operation, the process can create drag on the margins when it should improve an owner’s ability to build profit.
Outsourcing Accounting Has Become a Competitive Advantage
Apartment acquisition is not just a question of having the investment capital in the tank, but also a matter of enough horsepower to get there. Expanding a property management portfolio requires effective administration of new properties, from onsite personnel to the back office. If there isn’t enough muscle, the profitability goals won’t be met.
“I’ve had portfolio executives share concerns about taking on management of additional properties due to their ability to hire enough property accountants to deliver the monthly financials,” says Annette VanDuren, an industry principal at SmartSource Accounting. “It’s become a reoccurring conversation.”