Blog tagged as property accounting

7 Most Common Real Estate Accounting Mistakes to Avoid

05.08.22 09:00 AM By Kriyago - Comment(s)
7 Most Common Real Estate Accounting Mistakes to Avoid

The real estate business is tricky and volatile, to say the least, if you add bad accounting particles to this mix, then it gets even more complicated. It can end up costing you millions and also cost you your reputation as an authentic real estate business. 

 

Accounting and back office are...

7 Common Cyber Security Threats to Small Businesses and Accounting Firms

12.07.22 11:07 AM By Kriyago - Comment(s)
7 Common Cyber Security Threats to Small Businesses and Accounting Firms

Security threats are not new in businesses across industries, and these breaches take a major hit on a company's financials. A Tripwire news report on an IBM security study points out that each incident of security breach costs companies about $3.92 million per incident. These cost a lot of money, a...

7 Mistakes You Should Avoid While Automating Your Accounts Payable

13.04.22 10:00 AM By Kriyago - Comment(s)
7 Mistakes You Should Avoid While Automating Your Accounts Payable

Amidst the pandemic and the sudden growth of tech use in business, companies across the world are automating their back office work. From cutting costs to getting faster results, an automated system can have a lot of advantages. One of the biggest areas of interest is the automation of Accounts Paya...

The Surprising Truth about Outsourcing Property Management Accounting 

23.02.22 09:00 AM By Kriyago - Comment(s)
The Surprising Truth about Outsourcing Property Management Accounting 

Managing a property is no easy task. You have to take care of endless responsibilities that include maintenance, coordinating with vendors, paying staff on time, and more. 

Each property you manage brings more tasks to the table and can soon overwhelm your time. The situation is more common than...

Real Estate Back Office Accounting: Top Mistakes to Avoid 

18.02.22 03:00 PM By Kriyago - Comment(s)
Real Estate Back Office Accounting: Top Mistakes to Avoid 

Most real estate agencies rely on their back offices for day-to-day accounting. The list of tasks covers a wide range of verticals, from vendor payments to employee reimbursements. 


As a result, the back office requires considerable resources and hours to do its job efficiently. 


However, mo...

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