Back-Office Support for Commercial Property Management Services
Property management services can become quite demanding, especially with a portfolio of multiple properties – that’s where Sandstone Business Solutions can help. Property management combines the real estate market with customer service. Sandstone provides a customizable, scalable, and cost-effective solution to what can become a quite costly industry. We incorporate exceptional customer skills with solutions-driven results to efficiently grow your real estate business.
Back office operations such as financial management, asset accounting, tenant reconciliation, tenant improvements, triple-net calculations, common-area-management reconciliation (CAM), acquisitions, and budgeting are essential to any property management service.
Sandstone Business Solutions aims to fill this gap by providing your business with comprehensive back-office support for commercial, retail, and office property management needs.
Our expert team can take care of all the back-office processes such as coordinating maintenance care, monitoring work orders, and resolving tenant concerns, allowing you to focus on adding to your real estate investment portfolio!
Why Property Management Services Need Specialized Back Office Support
Streamlined, specialized back office functions are crucial for maintaining a real estate portfolio. These tasks are demanding and require constant monitoring and maintenance care. Sandstone understands how to balance the property's needs with the tenants' concerns.
Sandstone Business Solutions is experienced in the back office operations needed for property management services - ranging from multi-location financial management to licensing, and everything in between!
Property Management Services
Managing an existing real estate portfolio can become very demanding with multiple tenants and constant maintenance and monitoring. Sandstone Business Solutions is a cost-effective solution for your property management needs. Our experience includes multi-state payroll and accounting, location/class accounting, asset management, multi-jurisdiction licensing, and exceptional customer service.
Permits and Licensing
Properties within a real estate portfolio can span multiple jurisdictions which increases the complexity of licensing and revenue reporting. Sandstone Business Solutions can manage your licensing requirements for each applicable jurisdiction in which your properties are located. We can manage the license renewal process to limit over-reporting and ensure appropriate compliance. We can aid with your permit requirements and maintenance projects all while providing periodic updates for your peace of mind.
Complex Financial Management
We understand that the financial management of multiple property management locations and accurate tenant accounting are essential to fully understand the health of your portfolio. Our customized support options provide you with the confidence that your assets are properly managed to ensure financial stability and profitability through streamlined analytics, cash flow management, and financial reporting.
Payroll and HR management
Outsourcing your payroll and HR functions to the experts at Sandstone allows for one less thing for you to worry about. The HR experts at Sandstone have multi-industry and multi-state experience, providing peace of mind that your organizational HR needs are accurate, up-to-date, and compliant.
Our Services
Sandstone Business Solutions has a range of services designed to ensure your business runs smoothly.
By working with us, you can stay focused on building and growing your business while we take care of the time-consuming administrative tasks
Accounting and Financial Management
Our specialized financial support can take care of your accounting needs, cash flow management, and financial planning. We can help your business maximize profitability and help you make informed decisions.
Human Resources
Sandstone can help with every aspect of HR, ranging from labor law compliance to conflict resolution. We’re experts in recruitment, and employee benefits administration and can help you foster a positive and fully compliant workplace.
Administrative Responsibilities
We know admin can be time-consuming, so we take care of it for you! Document management, scheduling, communication – we can do it all, leaving your team free to focus on commercial property activities.
Property and Inventory Management
We help you ensure your resources are efficiently managed, ensuring there is little waste and that all materials are on hand as needed!
Retail and Supply Chain Support
Sandstone can also help optimize your supply chain, including with procurement and logistics. We can also support the retail and purchasing side of the business, such as purchasing and invoicing.
Payroll and Income Taxes
We streamline the payroll process for you, taking on the time-consuming and often intricate job of paying your staff! We ensure everything is accurate and fully compliant so you can focus on the important details.
Information Technology (IT) Support
Our IT support systems can help you manage everything from system maintenance to cybersecurity. We help ensure your business’s technology infrastructure is robust and efficient, creating peace of mind and saving you time.
Data Analytics
Our expert staff can turn your raw data into an action plan. We collate and analyze the data to help you make strategic decisions and optimize your operations.
Getting Started with Sandstone Business Solutions
Partnering with Sandstone gives commercial real estate companies a huge advantage. You’ll benefit from our expertise while offloading the time-consuming administrative burdens that distract you from growing your business!
With a massive focus on customized solutions and improved efficiency, we make sure your business projects are supported by reliable back-office services. If you want to focus on your core business activities and focus on building a future for your company, reach out to Sandstone Business Solutions today. Together, we can create a partnership that will enhance your project execution and reduce your distractions. Let’s lay the foundation for your success!