REIT ACCOUNTING SERVICES

Harness the increasing value of real estate by turbocharging your business processes

Are your auxiliary functions taking away precious time from core tasks such as investor relations? Are the costs of PropTech and everyday operations proving prohibitive? Is the increase in investor demand for accurate, timely, targeted information straining your already overstretched resources?

RRD GO Creative™ can help you meet all your real estate accounting and finance, administrative, data management, and analytics requirements with a mix of relevant technologies, efficient processes, and skilled resources. Using innovative methodologies and tailored solutions, we can help you improve your bottom line, enhance operational efficiency, and build a scalable environment.

With more than 15 years of experience transforming the business of leading REIT companies globally, our REIT accounting services team can give your company a valuable competitive edge. Start your journey towards business transformation by getting in touch with us now.

Service Portfolio

Managed Services

Research and valuations

Research and valuations

Real estate administration: Insurance, taxes, litigation, property management

Real estate administration: Insurance, taxes, litigation, property management

Lease Abstraction

Lease Abstraction

Mortgage services

Mortgage services

Accounting: Bookkeeping, investment and fund accounting, fixed asset management, audit/compliance

Accounting: Bookkeeping, investment and fund accounting, fixed asset management, audit/compliance

Financial Reporting
& Insights

Financial Reporting

Financial Reporting
For Senior Management: Statements, footnotes, schedules, management discussion & analysis, exhibits

For Controllers: Rental work paper, insurance work paper, expense scrub work paper, utility work paper, direct billable work paper

Data Insights

Data Insights
Immersive dashboards, executive summary reports, business intelligence solutions

Merger & Acquisition

Financial operations (purchase accounting), lease validation, compatibility check & plan IT integration, migration/addition of existing/new data, parallel operation of new & existing systems, redesign of new processes

Financial operations (purchase accounting), lease validation, compatibility check & plan IT integration, migration/addition of existing/new data, parallel operation of new & existing systems, redesign of new processes

Customer Outcomes

Our future-proof and scalable solutions, proven methodologies, and dedicated teams can support your growth strategy and help you:
Smoothly transition business processes post M&A through end-to-end management of acquired portfolio

Smoothly transition business processes post M&A through end-to-end management of acquired portfolio

Get at-a-glance view of asset performance using customized dashboards

Get at-a-glance view of asset performance using customized dashboards

Accelerate output by adhering to accounting best practices

Accelerate output by adhering to accounting best practices

Obtain high-quality lease abstraction data and migrate data into any property management software

Obtain high-quality lease abstraction data and migrate data into any property management software

Expedite insight generation by simplifying report reconciliation

Expedite insight generation by simplifying report reconciliation

Make informed decisions by gaining access to customized, comprehensive insights via various
                                                            channels

Make informed decisions by gaining access to customized, comprehensive insights via various channels

Improve customer satisfaction through industry-best quality control

Improve customer satisfaction through industry-best quality control

Explore

Shape the future of your company during M&A transformation with our REIT expertise.

RRD M&A Accounting Services

Get fast and accurate output with end-to-end accounting services

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Expertspeak

“With the speed of doing business becoming an important differentiator in the REIT industry, it is critical to bring efficiency to back office services. Replacing tedious, time-consuming, manual processes with intelligent automation and an Expert-in-the-Loop model requires a holistic approach to business transformation. RRD GO Creative™’s integrated business and digital solutions can help clients enhance their entire workflow and ultimately, the Customer Journey.”

- Nanda Chintaluri, Vice President

Client Success Stories & Testimonials

Blogs

Why You Should Outsource REIT Financial Operations in a High-interest Rate Environment

Why You Should Outsource REIT Financial Operations in a High-interest Rate Environment

Sampath Kumaar Sridharam - December 2, 2022

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Thriving in an Uncertain Real Estate Market with Integrated Financial Management Services

Thriving in an Uncertain Real Estate Market with Integrated Financial Management Services

Brian Troccoli - June 11, 2021

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How can your REIT Accounting Function Achieve Scale without Compromising Quality?

How can your REIT Accounting Function Achieve Scale without Compromising Quality?

Sampath Kumaar Sridharam - September 14, 2022

READ MORE
How Automation Can Help REITs Adapt to a Changing Market

How Automation Can Help REITs Adapt to a Changing Market

Sampath Kumaar Sridharam - October 05, 2022

READ MORE

FAQs

What are the challenges in lease abstraction automation?

A great deal of effort is involved in abstracting non-formatted/scanned documents. The abstraction of a lease involves references to multiple documents. Since the leases come from various industry types, many sample leases are required for automation testing. Reconciliation of CAM has also proven to be challenging due to the recovery clauses.

The RRD GO Creative™ SolutionRRD GO Creative™ has been performing lease abstraction for more than 15 years. Besides industrial and residential leases, it also abstracts leases from healthcare, hospital, triple net, ground, and telecommunication portfolios and has extensive experience analyzing and entering leases into Yardi through abstraction and data input. RRD’s vendor tool for lease abstraction has been tested with multiple sample lease data sets and trained with 80% accuracy.

What are the advantages of having a single vendor for all accounting services?

Many companies distribute their accounting tasks among property managers, asset managers, in-house, and multiple outsourced service providers. The involvement of multiple parties resulted in communication and language barriers to knowledge transfer. Besides, an internal accounting team incurs high costs on hiring, recruiting, payroll, training, and tax-related activities. Laws, regulations, and compliance policies relating to accounting and finance vary from region to region when multiple parties are involved, making it difficult to track and document them.

The RRD GO Creative™ SolutionRRD GO Creative™ assigns the right people to the right job, while also clearly defining project requirements, durations, and costs. A team of IT and IT governance professionals monitors and secures client data and applications. Furthermore, clients can leverage state-of-the-art PropTech for everyday accounting and financial functions without the burden of heavy CAPEX, while keeping costs low.

What are the accounting challenges in mergers and acquisitions (M&A)?

The timeline to complete the M&A closure is not realistic at times. It is hard to get the seller's pro-ration details to book the accounting entry. Financial data validation can be the biggest challenge when transferring data from the seller application to the buyer application. The workflow is not clear at times; the point of contact can also become unresponsive.

The RRD GO Creative™ SolutionOur global team of REIT experts can accelerate and ensure a seamless post-acquisition transition of business processes. The end-to-end portfolio management at RRD GO Creative™ ensures highly streamlined workflows and efficiencies. Our experts devise business processes and adopt best practices that are ideal for the client's structure, and employ future-proof and scalable solutions. RRD is also ISO 22301-certified for business continuity management.

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