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Books

No backfill needed.

When two of three accountants moved on, a 20,000-unit operator closed faster, not slower.

Portfolio
20,000 units
Structure
Two portfolios
Areas
Payables, Books

2 days

to close the books, down from 1 week

1 accountant

running both portfolios, down from 3

100+ hours

saved every month

The problem

Two portfolios, a three-person accounting team and a week-long close. When two people moved on, the options were to rehire and retrain, or watch the close slip.

How Unitbase helped

  1. 01AP took over invoice processing and coding.
  2. 02Bookkeeping reconciled both databases and drafted the entries.
  3. 03One accountant reviews and approves.
Bookkeeper · September close

Database A

Closed on schedule
Transactions matched
1,284 of 1,284
Journal entries
6 balanced
Unreconciled
$0.00

Database B

Closed on schedule
Transactions matched
962 of 962
Journal entries
4 balanced
Unreconciled
$0.00

What changed

Month-end closeBefore · 1 weekAfter · 2 days
Accounting teamBefore · 3After · 1
Manual workBefore · Split across three peopleAfter · Handled by Unitbase, reviewed by one
Unitbase provides a transformational product to our operator business; helping us save 100+ man-hours a month on our accounting processes with their AI-powered automations
Managing PartnerProperty management company

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