QX Multifamily Industry

Agile, reliable F&A solutions for

Multifamily


Building a high-performing finance & accounting function is critical to the success of the business. However, talent shortage can often hamper finance leaders’ ability to achieve their objectives. For companies that scale via mergers and acquisitions, siloed accounting teams working independently of each other can often lead to operational inefficiencies and lack of visibility.

QX Global Group works with some of the largest players in the multifamily and property management sector to build centralized, high-impact offshore business operations. Our unique People-Process-Platform approach allows us to identify your specific organizational needs to set up scalable back-office teams, implement industry best practices, and implement intelligent automation.

Outsourced F&A Solutions

Outsourced F&A Solutions for Multifamily Companies

Property Accounting

QX’s property accounting services for the multifamily industry include bookkeeping & accounting, accounts payable, revenue recognition, bank reconciliations, student deposit management, expense recharges, student refund & amendments, and budgeting & forecasting.

Development Accounting

We specialize in providing world-class development accounting services, including accounts payable, job costing, project costing, CIS data management & reporting, retention ledger, WIP accounts, balance sheet reconciliation, accounting & bookkeeping, and drawdown working.

Management Accounting

Our management accounting services, tailored to multifamily companies, include accruals, prepayments, balance sheet reconciliations, WIP account reconciliations, and retention account reconciliations.

Investment Accounting

We offer investment accounting services like  lender reporting, rent reserve working, and drawdown working, designed specially to meet the challenges faced by multifamily businesses.

Lease Administration Services

QX offers exceptional lease administration services including:

  • Verification of parties to lease agreement
  • Tenant space information
  • Term, lease index & notes
  • Base rent & renewals and abatement/concession
  • Lease audit
  • Deposit information
  • Late charges
  • Additional rent (CAM/Operating expenses, RE taxes, Utility/HVAC, Insurance and other)

Tenancy Enquiry Management

QX’s tenancy enquiry management support services include:

  • 24/7 enquiry support through chat, calls and emails
  • Coverage for out-of-hours, weekends and holidays
  • Queries resolution as per client instructions, ensuring great customer experience
Service Benefits

Service Benefits

Here’s how some of the biggest multifamily providers have benefitted from partnering with QX:

Infinite Scalability

QX’s flexible model, with a proactive workforce structure, enables the addition of temporary staff to meet specific project needs.

High-performing Skilled Teams

QX excels in providing a combination of onshore and nearshore talent, complemented by dedicated training teams and e-learning platforms to ensure that you get the most suitable talent for your business needs.

Process Optimization

QX’s dedication to implementing industry best practices in order to enhance process efficiency, enables us to optimize our clients’ processes, resulting in cost savings and improved productivity.

Technology Support

Our team of experts collaborates closely with clients to understand their specific needs, and design solutions that cater to them, whether it be developing custom applications, integrating existing tools, or applying automation techniques.

Seamless Transitions

We have a proven track record of addressing the challenges of software migration by utilizing the knowledge of our experienced staff with exposure to various ERPs, along with the support of external consultants, to ensure smooth transitions.

Software Abilities

We work with industry-standard software to bring about finance & accounting transformation for our clients in the multifamily industry. We are also open to integrating any additional software in our solutions, to better suit your specific organizational needs.

Sage
Yardi
SAP Busineaa One
Replace
Access

Considering outsourcing finance and accounting functions for your multifamily business?