RealPage Accounting Helps Cortland Grow Without Growing Accounting Staff

One of the largest multifamily firms in the U.S., Cortland employs around 30 professionals in its accounting function – a surprisingly modest number considering the empire they’re managing. That’s not just because the company hires smart, hard-working people. According to VP of Enterprise Applications Shawn Mayo, it comes down to software. “The accounting team has been able to scale and grow through the efficiencies of RealPage Accounting,” he explains. “In all kinds of important ways, it allows fewer people to get more work done, so we don’t have to continually add more staff as we expand.” Mayo throws out a variety of reasons for this scalability, including ease of use, super-efficient processes for tasks such as payments and bank reconciliation, and integration with other RealPage property management software components that enables the seamless sharing of information and reduces the burden of data collection and input, reporting and more. Accounting software integration Mayo emphasizes that when it comes to accounting, integration with other operational functions is paramount. The exchange of information between accounting and other components of the property management stack eliminates redundant data entry, and greatly aids in searching for and pinning down needed information. “The data from (RealPage) Leasing and Rents feeds into Accounting, which makes life a whole lot easier for the teams,” says Mayo. “We’re able to find whatever data we need in one place, rather than looking for it in multiple siloes.” Mayo says this quick access to information through features such as searchable data grids pays off at every level of the organization – from those tasked with the most basic of accounting duties to senior executives who might want to drill down for a look at specific financial data. “It frees you up to more quickly do really productive work rather than spending yo...