Client: A reputed real estate company headquartered in New York that is focused on acquiring, owning, and operating real estate assets in all major US real estate markets. The company employs 200-250 people and clocks in a revenue of $15M – $25M. Yet they are constantly plagued by stifling problems in Accounts Payable and Account […]
Accounts Payable Services for Real Estate: How a Maryland Property Firm Saved 100+ Hours Every Month
About the Client A leading real estate management company based in Maryland, managing over 10,000 single-family homes across the state. With thousands of scheduled payments, AP adjustments, and vendor invoices to process daily, their back-office accounting team was running at full capacity — and still falling behind. The Accounts Payable Challenge At 1,500 AP bills […]
Accounting is rated among the hardest jobs to fill in the US. As you hold this fact in your hand, now know that the job growth rate of accountants and bookkeepers is 10% lower than that of other professions. So, even though the job to applicant’s ratio shifts in favour of employers, it has become […]
COVID-19 has transformed the accounting landscape. The unpreceded crisis scarred the economy and amplified the strategic accounting needs and requirements of every business. Today, every business – small, medium or large is looking for accounting services that are augmented with strategic advisory and consulting – a good news for CPA firms. The pandemic accelerated the […]
Restaurant accounts payable services are one of the most underutilized growth levers in the food and beverage industry. With 200+ invoices arriving weekly at different times, from different vendors, in different formats — managing AP in-house is expensive, error-prone, and a serious drain on the time your team should be spending on operations and growth. […]
The pandemic has finally accelerated the adoption of Outsourced Accounting Services. Despite the growing popularity of remote accounting firms, pre-pandemic, it was COVID-19 that triggered the switch. Not so surprisingly, it was also the 2008 crisis that first resulted in the aggressive growth of the outsourcing industry. Benefits of Outsourced Accounting Services: Outsourcing the accounting […]
Start-ups owner multi-task their way out of bookkeeping and accounting and a few even succeed with great effort. However, as the business grows, the numbers rise and so do the insights and the opportunities they open up. Only an experienced CPA can help you glean these insights and provide you with action steps that help […]
Lack of adequate cash flow is the primary reason for the failure of the majority of small and medium businesses around the world. While regular bookkeeping and accounting functions can be multitasked, cash flow management optimization needs dedicated accounting expertise. It entails a careful analysis of vulnerabilities in various accounting functions and prompt optimizations with […]