Spend less time mapping Chart of Accounts and reconciling rent rolls with Pereview Software
As we covered in our previous post, collecting data from Partners and/or PMCs is time-consuming. Once you have the data, you must standardize it so it is usable. This means spending hours or even days each month updating the data received from Partners and/or PMCs in your asset-level Excel models.
This is because every Partner and/or PMC has its own system, such as Yardi, MRI, or RealPage, so you must make their data consistent before you can report on it accurately.
That process includes:
- Mapping the Chart of Accounts from each Partner and/or PMC to your standard Chart of Accounts in your asset-level Excel models.
- Reconciling rent roll differences, like how each system calculates occupancy.
You still need to reconcile those differences before you can consistently create accurate reports from the files. You’re doing this by hand. It takes time, creates opportunities for mistakes, and leads to more manual work downstream.
Copying and pasting data into asset-level models also leaves you wondering whether the numbers are actually correct.
But there’s a better way.
We invite you to learn how Pereview Software can automate this entire process.
This brief video explains how you can automate the entire process of Partner and/or PMC data collection and standardization, end-to-end with Pereview.
Frequently asked questions
Each Partner’s system has its own chart of accounts and calculates key metrics differently. Asset managers must map those accounts to their standard chart of accounts and reconcile rent roll differences, including occupancy calculations.
Pereview’s proprietary AI engine can integrate directly with source systems, including Yardi, MRI, and RealPage, or get data from the email itself.
Pereview automatically maps each Partner’s chart of accounts to your standard chart of accounts in the platform. Each month, it converts incoming rent roll and financial data to that standard, giving you consistent, reliable numbers for faster comparisons and analysis with less manual effort.
Pereview checks for prior-period adjustments, newly added accounts, and other potential data integrity issues to address mismapped fields, missing accounts, and misstated financials.
