Ascent Multifamily Accounting and two of our clients were highlighted in this March 2016 Units Magazine article on the growing accounting outsourcing trend in multifamily.
Back Office Accounting: Doing the Math
By Paul R. Bergeron III
“Apartment owners and management companies are seeing a trend in outsourcing some of their accounting and back-office functions. When it comes to accounting, of course it should come down to numbers. Apartment management firms choosing to outsource many of their tactical accounting duties reportedly pay as little as 33 cents on the dollar. But cost is not the only factor to consider when choosing whether to keep these functions at the property, in the corporate office or to hire a firm.”
Ascent points out opportunities that help us drive more revenue even when we think we’ve maxed out a property’s potential. Their knowledge of the multifamily business is exceptional and they make us look good to our owners.