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January 15, 2019

Does Your REIT Management Accounting Solution Support Your Business Needs?

Is Your REIT Management Accounting Solution:

  • Consolidating 100’s of entities in real time?
  • Delivering new dashboards with no extra software or IT support?
  • Combining financial and operational metrics?
  • Cloud-native from day one?
  • The AICPA-preferred financial management solution?
If you are using QuickBooks for your back-end accounting system, you are likely relying on error-prone, manual processes and reporting to get you through. JDR is here to tell you that REIT Accounting and Financial Management DOESN’T HAVE TO BE HARD!

REIT Accounting and Financial Management Made Easy

Changes stemming from uncertain capital markets, Brexit, M&A competition, CFIUS regulations, the PATH Act, and other economic forces are constantly impacting real estate investments. In order to stay ahead of these challenges and countless other real estate market dynamics, REIT’s need an integrated all-in-one accounting and financial management system. We can offer a cloud-based software that simplifies REIT accounting with:

  • Continuous multi-entity consolidations of complex global financials
  • A shared dimensional chart of accounts that saves time and boosts efficiency
  • Dashboard analytics for instant shared access within and across entities, financial data, and key metrics
  • Collaborative compliance including GAAP and front-to-back office audit trails

With constant consolidation technology across multiple entities and dashboard analytics, you can save time and accelerate decision-making with deeper financial insights and greater business intelligence.

Accounting Software Designed To Reduce Multi-Entity Complexity

Regardless of how many assets under management (AUM) or number of global entities you manage, you need an accounting software that cuts through churn and inefficiencies with process automation and ongoing consolidation. You need smarter REIT accounting that’s done in minutes, not hours. You need a system that can eliminate manual work, streamline planning cycles, close faster, and improve your business intelligence capabilities to empower your team. You need a single version of truth that easily manages global accounting processes based on current and future regulatory requirements.

Lower Total Cost of Ownership (TCO) Speaks For Itself

For full asset life-cycle accounting management and greater operating discipline, you need a finance solution built specifically for your business but without the traditional on-premise burdens of up-front capital expenditure and additional IT staff. With JDR’s preferred cloud-based software, you can achieve optimized workflows, faster consolidation, and greater accuracy with lower TCO and less risk. Improve business performance and close with confidence.

  • Lower total cost vs. traditional on-premise systems
  • Create collaborative compliance strategies and actionable reporting by aligning the front office and back office through real-time reporting
  • Deeper data visualizations into real-time financial reporting anytime anywhere

Unlock Efficiency

Cloud-based software has transformed business operations and the way we work. It has decreased TCO and reducing dependency on IT teams to improving security and remote data access, flexible cloud-based software has transformed the way we work. Cloud accounting software provides companies with reduced time to benefit, pain-free updates, and simple system integration. Scalable design, pre-built capabilities, and custom features enable your accounting system to grow with your business

  • Secure real-time delivery of critical business data and sensitive customer information
  • Lower costs by decreasing the IT burden and support requirements
  • Less down-time and disruption thanks to cloud-delivered system releases, backup, disaster recovery, and more
Interested in learning more? Let JDR introduce you to an accounting software that does it all!

Check out this Sage Intacct REIT Product Tour and fill out the form below to schedule a discovery call with JDR.