The Challenge

A Florida-based MFH owner-operator managed 1,500 units across 3 states. Their accounting team was spending the first 8 days of every month just trying to reconcile utility "leakage" and vendor payments. Growth had stalled because every new acquisition of properties required hiring a new bookkeeper.

The Solution

‍By implementing our AI Property Accounting suite, the property owner moved to an "exception-only" or "opt-out" workflow. The AI began reading, coding, and flagging discrepancies in real-time. Instead of reviewing 2,000 invoices a month, the team only looked at the 40 that the AI flagged as outliers.

The Impact

‍Within three months, the month-end close was reduced to 2 days. The firm successfully acquired two new properties (180 units) without needing to post a single job opening for their finance team.

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