Carrollton, Texas–RealPage Inc. has launched OneSite Budgeting, an integrated budgeting and forecasting tool for the multifamily industry. It provides a powerful web-based system that enables property managers and owners to create, manage, distribute and monitor budgets for all property types in their portfolios.
It streamlines the entire budgeting process from data creation/importing to budget distribution and approval. It reduces the time spent populating spreadsheets with prior-year data and automates the routing of budgets to the proper personnel.
Among the early adopters, Prime Group, based in Los Angeles, was able to complete its initial 2010 budget in one week compared to three months the year before.
“Our staff was able to use the software after just one hour of training,” says Lizza Castro, budget administrator for Prime Group, which is also using OneSite Budgeting for its forecasting capabilities.
“We are very excited about this new product from RealPage. It will allow us to simplify our budgeting process and reduce the amount of time the whole company spends on the budget,” says Jill MacGregor-Baris, implementation coordinator at Corcoran Jennison Management LLC, Boston.