$100K Revenue leakage identified for a property management company

Client Requirement:

  • A leading property management company witnessed exponential business growth
  • Acquisition of new business led to multiple applications and non-standard processes
  • Managing core business with required level of accounting standard and accuracy was a key challenge for the founder

Solution Provided

  • Property management accounting resources were deployed to take over accounting activities
  • Structured governance and management information system implemented to ensure right level of insights
  • Standardized the process and controls introduced to bring in discipline in accounting operations

Value Delivered

  • >50% of cost saving for managing Accounts function
  • ~$100K of revenue leakage identified through clean up of wrongly posted transactions
  • Enabled better strategic decisions through timely financial reports on profitability

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