CASE STUDY - Property Management Client
“From up in the air costs to real time costs”
Client Profile:
Commercial property management company, over 10 employees, revenue generated over 1 million.
Issue:
- Challenges with completing accurate reconciliations related to common area of the commercial properties
- Challenges with determining common area costs for each tenant
- Poor cashflow projections
My Solution:
- Re-designed common area reconciliations for over 150 tenants
- Designed a process that reflected their integrated data, that easily identified the monthly cost per tenant
- Removed any uncertainty regarding their costs
Outcome:
- New system gave them a reliable method to calculate monthly cost per tenant
- Ability to produce reliable reconciliation reports and compliance with their monthly financial reporting
- Better cashflow projections and financial management
Service Category:
Amethyst – CFO Support