How RealPage is Guiding PMCs to Better Purchasing Decisions

Software solutions have filled a big void in recent years to help property managers oversee vendors, from securing the necessary paperwork to getting the best deal on everyday supplies and big-ticket items. Through a spend management system, apartments can build a complete library of qualified plumbers, carpenters, suppliers and the like to establish continuity in purchases and conform with a portfolio’s spending strategies. But with so many choices in the online world, property managers shouldn’t feel alone if they need help finding the right vendors. After all, most Americans say that while they don’t necessarily feel overloaded with the amount of information served up today, they want assistance finding their way around the internet to make the right decision, according to a recent Pew Center for Research survey. Getting a little help onboarding vendors in spend management software RealPage is helping clients get the most out of the company’s spend management system by coordinating vendor onboarding and guiding buyers to better purchasing decisions while reducing the paper trail. In most cases, supplier partners from RealPage’s vast supplier repository are matched with property management companies. The service is helping PMCs set up a more efficient system of choosing suppliers and getting the best deals, as well as reaching a goal of reducing paper invoices by 80 percent, says Sara Jones, RealPage’s vice president and general manager of spend management solutions. “Our team really helps our clients take it to the next level,” Jones said. “Instead of our clients working independently to set up e-Invoicing for all of their suppliers, our internal team is partnering with our clients and taking the burden off their plates. This partnership allows our clients to focus on other key pieces of the Spend Management platform.” Once vendors are onboarded, clients get assistance in managing vendor catalogs,...