Could your property management company benefit from accurate books?
Property management companies have to deal with everything from rental collection, tracking and reconciliation, to expense and payroll management, just to name a few. Let Bluemount handle your bookkeeping, accounts receivable, payroll, and other back-office functions.
Accurate and up-to-date financials
From missed rental payments of tenants, unexpected repair expenses, and unreconciled accounts, property management firms need to manage these challenges efficiently to ensure smoother operations. Up to date financials (balance sheet, income statement, cash flow statement, etc.) can provide you with good cash flow management, rental collection and expenses monitoring, and more.
Rental payment follow up and collection
As you manage more properties, attention to collecting rental payments may take a hit. At Bluemount, our proven accounts receivable procedures will ensure timely billing and follow-up of rental payments so you can keep property owners happy and our business running smoothly as you scale.
Rental tracking and reconciliation
Receiving cheques with big amounts can be a good thing. But it can also be messy if you need to reconcile payments for different units and rental periods on your end. Let Bluemount help you with your books and perform back office functions so you can concentrate on filling vacancies and improve profitability.
Payroll can be tough to handle with different staff - full-time, part-time, out of province. High turnover doesn’t help either. Bluemount can help classify and pay your employees accurately and on-time. We’ll also see to it that tax slips, like T4 and T4a, are issued to your employees.
Solutions stacks that maximize and boost property management business productivity
Whatever your business requires, we are experts in utilizing both cloud-based and traditional solutions for bookkeeping, payroll processing, expenses and collections management, and many more. We take data protection seriously to ensure that only authorized users have access to your secured data.
Just like any industry, Property management companies have sector specific requirements and solutions to keep it running smoothly. We are comfortable working with the existing process and technology that you use.