Case Study: Rosano Property Management - Elevating Property Management with Flexible Staffing
Client name: Rosano Property Management
Industry: Real Estate Property Management
Executive Summary
Rosano Property Management, a leading commercial real estate property management firm, faced challenges in managing its growing portfolio due to labor constraints. To address these challenges, they partnered with Remote Financial Services to implement a flexible staffing solution. By leveraging Remote Financial Services’ pool of skilled professionals, Rosano was able to optimize its operations, improve efficiency, and enhance its service delivery.
The Challenge
Rosano Property Management encountered the following challenges:
- Labor Constraints: Difficulty in finding and retaining qualified staff to meet the demands of a growing portfolio.
- Operational Efficiency: Need to streamline processes and improve productivity.
- Financial Accuracy: Ensuring accurate and timely financial reporting.
The Solution
Remote Financial Services provided a customized staffing solution to address Rosano’s specific needs:
- On-Demand Staffing Pool: A dedicated pool of skilled professionals, including accounts payable specialists, accounting systems experts, and chartered property accountants, was made available to Rosano on an as-needed basis.
- Rent Collection Enhancement: A team of accounts payable specialists was deployed to streamline rent collection processes and improve cash flow.
- System Implementation and Maintenance: An experienced accounting systems expert was assigned to implement and maintain Yardi, a leading industry accounting and ERP software.
- Financial Accuracy and Compliance: A chartered property accountant was engaged to ensure accurate financial reporting, maintain ledgers, and comply with relevant regulations.
The Results
By partnering with Remote Financial Services, Rosano Property Management achieved the following:
- Increased Operational Efficiency: Streamlined processes and improved productivity through the flexible staffing model.
- Enhanced Financial Performance: Improved rent collection and accurate financial reporting.
- Scalability: The ability to scale operations up or down as needed to accommodate business and demand needs.
- Cost Savings: Reduced overhead costs associated with hiring and retaining full-time staff.
- Access to Expertise: Leveraged the expertise of highly skilled professionals on an as-needed basis.
Conclusion
Remote Financial Services’ flexible staffing solution empowered Rosano Property Management to overcome its labor constraints and achieve significant operational improvements. By providing access to a pool of skilled professionals, Remote Financial Services enabled Rosano to deliver exceptional property management services to its clients while maintaining financial accuracy and compliance.