A lot of real estate teams don’t realize how bad their current accounts payable (AP) process is. Your team might feel under pressure—late payments, constant follow-ups, maybe even losing a few suppliers along the way—but it’s easy to write that off as just part of the business. Properties are busy and payments are complicated. That’s just real estate, right? That’s the way you’ve always done it.
But what if your AP process is actually limiting your ability to grow? Late payments can lead to unhappy suppliers. Unhappy suppliers can lead to delayed work. And that can show up in resident experience.
It’s even harder to keep up when your business is spread out across multiple properties and geographies. What’s happening at one property isn’t always visible to another, and your team might struggle to keep everything running smoothly.
So how good (or bad) is your current AP process? Download the eBook to get your score.