CFO Services for a Large, Urban Real Estate Development Firm

At a Glance

This client brought us on to relieve the frustration of spending too much time creating financial reports and not having proper controls and communication from their in-house Accounting team. The CEO and investors needed comprehensive reporting and quick access to KPIs.

Challenges

Before coming onboard, our client was using AppFolio, QuickBooks, and Excel to keep track of their real estate holdings. However, these different softwares were not communicating with each other which lead to inaccurate reporting. This software conflict also lead to more manual work for employees to take on which cost the company more time and money. The client’s Accounting team also struggled with controls and communication. 

The Solution

Our solution was to create automated processes that enabled AppFolio and QuickBooks to become integrated. This solution allowed the client to have more time and easier access to comprehensive reports. We also created financial controls, processes, and set up weekly meetings to improve the Accounting team’s communication and performance. 

Image showing three key points of software integration, CFO services, and custom reporting

The Results

Key Metrics

Let’s Work Together

With a wide range of knowledge, including finance, marketing and vision building and an ability to bring-in and communicate with various specialists to ensure optimal care, Fox and Partners is uniquely suited to bring to the business world what the medical world has had for decades – a warm first point of contact, a professional with a breadth of knowledge and coordination for all of your business and financial needs.