Topic
GL coding, three-way match, and closing the month without waiting on AP.
Coding, close, and accuracy
Coding automation learns from your history, so an inconsistent chart of accounts produces a faster inconsistent chart. Fix the GL first, then automate it.
Coding, close, and accuracy
Period expense is set by when the service happened, not when the invoice showed up. Slow AP makes that gap large enough to distort a property's month.
Coding, close, and accuracy
Close is late for two reasons: AP is still coding, and nobody can see what has not posted. Six things have to be true on the last day, and each is a query rather than a conversation.
Coding, close, and accuracy
Purchase order, goods receipt, invoice. Most multifamily portfolios run a two-way match and call it three, which is why price variances surface after payment.
Coding, close, and accuracy
Approvers spend about 90 seconds on an invoice. The invoice waits days. Those are different problems and only one of them is about diligence.