RealSuite: Real-Time Chargeback Processing
The Portfolio:
A complex portfolio with thousands of leases and property management responsibilities
divided regionally between in-house and outsourced service providers.
The Need:
A method to increase the efficiency,
consistency, transparency, and accuracy
of mid-year and year-end common area
cost invoices.
The Solution:
Implementation of RealSuite's centralized and fully automated chargeback processing
capability for both the in-house and outsourced portions of the portfolio. Provides the
ability to reconcile estimates against actual costs mid-year or even monthly and the
automatic creation of adjusted entries and revised invoices for remaining periods. |