OpsTechnology spend management allows Avalon Bay to track its financial standing
Budget Visibility in Real-time
Vicky Yoo, eProcurement Systems Manager for Avalon Bay, talks about how OpsTechnology multifamily spend management software with online procurement gives her company real-time visibility into their budget.
With OpsTechnology spend management software, a portfolio’s complete P.O. and approval process is automated with real-time visibility into spending against budget. Online purchasing, through a custom catalog with approved vendors, offers the benefit of purchase consolidation and standardization for cost savings. Paperless invoice processing software reduces the cost to process invoices and speeds up cycle times for reduced late fees. Ultimately, the complete OpsTechnology solution also allows properties to manage property renovation project documents and track transaction documents against budgets, making it easy for both owners and vendors to stay informed and collaborate.