An international REIT firm headquartered in Florida with more than 20 offices around the world lacked the in-house expertise to generate its critical monthly reports of investment & portfolio performance. Process delays, data errors, and inconsistent formatting standards made report generation error-prone and time-consuming. The use of disparate data templates further complicated the data collection and analysis processes.
At the outset, RRD fixed the data sources to accelerate the collection of raw data. It segmented the data by period, period comparison, entity, deals, NOI, and top and bottom-performing portfolios so the reader could obtain meaningful information at a glance. The team used macros to consolidate, formulate, and standardize data templates from various financial reports, and set up a Tableau dashboard that offered the user multiple display options for comprehensive, easy-to-understand, and visually arresting reports.
Our RRD Real Estate Accounting Services team’s integrated, customized solution, and consultative approach to business transformation helped the client achieve: