This article in Multihousing News published online on September 20, 2017 features two of our clients, Roland Stewart and Mark Weinstein, and our managing partner, Scott Seegmiller. Outsourcing is an important trend that every multifamily operation should consider.
A Multifamily Trend to Watch in 2018
Many owners and managers are finding that outsourcing their accounting can provide multiple benefits–from easing the headache of managing the back office to direct cost savings.
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Ascent Multifamily Accounting is profiled in Nevada’s statewide business magazine, Nevada Business on February 15, 2017. 
How Outsourcing is Benefitting the Multifamily Industry
Given the complexity of an accounting department and significant commitment to payroll, rent, IT and training, Seegmiller said the opportunity to outsource this function has helped Ascent grow twice as fast as its predictions for the first year. “Outsourced accounting services are responsive and flexible, so property owners and managers don’t have to worry about adding or decreasing staff depending on the properties they have under management at any given time,” said Seegmiller. “And with real-time reporting, they can find out the status of each property at any time on a cloud-based network. It allows them the time and resources to focus on managing their assets and acquiring new business.”
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Scott Seegmiller authored an article the Multifamily Executive published online October 25, 2016.
7 Steps to a Happy Budget Process
Every year, I get the privilege of helping companies create their annual budgets, and in the process, I’ve found a few things that help me get the best results. Here are some tips that may help you as you plan your 2017 property budgets.
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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.”
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