How it works
Valued by Fortune Business Insights at US$ 19.33 billion in 2022, the global property management market is expected to increase by almost US$ 20 billion over the next decade (Source: IBIS World), making accounting services an essential solution to streamline operations, ensure compliance, and manage complex financial portfolios.
In the property management industry, dealing with financial regulations and keeping precise records can be daunting. For many property management firms, managing accounting processes accurately consumes valuable time and resources, affecting their compliance and service quality. By implementing customised outsourced accounting solutions, property managers can streamline their processes, allowing them to concentrate on their primary tasks, and boost operational efficiency.
How IMS Decimal supports property management firms
By employing our expert services, we help property management firms to streamline financial processes, enhance efficiency, and stay ahead of industry challenges.
Services for Property Management Firms
- Master Vendor Management
- Vendor Liaising
- Purchase Order Management
These services involve managing relationships with third-party suppliers and vendors, ensuring that procurement, delivery, and service contracts are handled efficiently.
- Utility & Council Tax Invoices & Reconciliation
- Service Charge Reconciliation
- Tenant Ledger Reconciliation
- Revenue Recognition
- Tenancy to Income Reconciliation
- VAT Return Filing
- Lender Reporting
- Treasury Management
- Cashflow Forecasting
- Rent Reserve Working
- Drawdown Working
Why IMS Decimal?
Robust Processes
Quick Turnaround Time
Scalability
Cost Efficiency
Software deck
