With Rabbet and AvidXchange, real estate companies manage development projects more effectively and are prepared to take on more projects with end-to-end financial processes that scale.
Rabbet for Real Estate Developers offers budget management, anticipated cost reporting, draw packaging, owners’ reporting, project forecasting, and now seamless invoice automation through the connection with AvidInvoice.
Leading real estate companies have discovered the benefits of combining development management software with AP automation software to manage development projects and financial processes. Operating from the same information empowers both teams to make more informed decisions, reallocate time to value-add activities, and support stronger lender and equity partner relationships.
“This partnership not only deepens our position within the real estate industry but will also provide a better experience for Rabbet’s customers,” said Joe Fox, Chief Product Officer of AvidXchange. “As we work together, our hope is that customers will see a significant impact on collaboration between their development teams and accounting teams, and transformation in their day-to-day invoice processes.”