article thumbnail

Your Path to a Stress-Free, Successful Year-End Close in Real Estate and Property Management?

Insight Software

Unearned income from tenants: Challenge : Accurately accounting for unearned income from tenants, particularly in commercial and retail spaces with advanced rent payments or lease incentives. Support all closing needs to be confident that decisions are based on consistent, reliable, and accurate information.

article thumbnail

30 Best Accounting KPIs and Metric Examples for 2021 Reporting

Insight Software

When accounts payable departments pay their bills accurately and on time, it maintains good relationships with external vendors which can lead to favorable payment terms and discounts. High invoice cycle time can make it difficult to make payments in time which will result in late payment penalties and strain on vendor relationships.

article thumbnail

Data Scalability for Mergers and Acquisitions: How?

Insight Software

Companies that can master analytics stand to benefit from better decision-support, increased agility, and strategic insight. Consider a fairly common example: Product management leaders within your organization would like a better understanding of seasonal sales patterns and long-term trends for all of the company’s products and services.