AP Automation for Real Estate

Automate supplier payments and list your invoices with us to save costs

ClearTech automates accounts payable with deep insights into service and supply invoices helps measure and control how much you pay

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Visibility into spend​ across various listings with deep invoice insights

As a growing real estate business, focus on the sale and purchase of properties and let costs and payables be taken care of on autopilot

Automate manual tasks and focus on your core business

Boost efficiency and eliminate the busy work with touchless invoice processing and global payables management

Guaranteed ROI with savings on your non-payroll costs

Spend the right amount on supplies, services, and more with insights to identify leakages missed even by the most sophisticated ERPs

Your integrated platform for all vendor payments

Manage vendor spend for multiple outlets and pay on your terms using their preferred payment method from a single integrated platform

Our Products

How Real Estate businesses can save $100K

Enable touchless invoice processing with smart OCR, advanced approvals and payments across 120+ countries

Issue pre-loaded cards for specific locations or for specified amounts, durations or even specific transactions and sync directly with your ERP

Identify opportunities to save money by optimizing service costs and plugging leakages with smart, real-time insights

Enable touchless invoice processing with smart OCR, advanced approvals and payments across 120+ countries

Issue pre-loaded cards for specific locations or for specified amounts, durations or even specific transactions and sync directly with your ERP

Identify opportunities to save money by optimizing service costs and plugging leakages with smart, real-time insights

Benefits of AP Automation Software for Real Estate

Streamlined workflows

ClearTech enables touchless invoice processing with AI-driven OCR technology, configurable approval workflows, and seamless accounting integrations. Modernize your accounting workflows and say goodbye to manual, paper-based processing.

Cost savings

Save your team hours and boost efficiency with automated invoice data capture, approval workflows, and payments with data sync back to your accounting system. Save costs by capitalizing on early-pay discounts and identifying opportunities for reducing vendor spend.

Faster approvals

Reduce the turnaround time for your approval cycles with ClearTech’s flexible approval policies that help you create custom rules to support your existing processes. One-click actions on email or Slack with complete purchase context make approvals simpler and faster.

Convenience

Upload, process, and approve invoices or make bill payments from anywhere in the world or from any device. Get all invoice information and context at your fingertips for faster-decision making.

Improved accuracy

Eliminate manual invoice data-entry and validate all incoming invoices through 2-way and 3-way PO matching to reduce wasted spend and improve the accuracy of invoice processing.

Simplified compliance

Comprehensive audit trails to track all invoice and payment actions to provide you with a single source of truth. Maintain all vendor documentation from contracts to tax forms in one place and make audits easier.

ClearTech integrates with your Accounting System

Interested in AI-powered
AP automation for your team?

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FAQs

What is AP Automation for Real Estate?

Accounts Payable automation software enables real estate and property management firms to automate their procurement and payables process to enhance efficiency, accuracy, and productivity. Such solutions help AP teams improve invoice processing efficiency by automating invoice receipt, 2-way and 3-way matching, and simplifying invoice approvals and payments.

How does AP Automation benefit real estate businesses?

As real estate businesses expand their property portfolios, the volume of invoices they must deal with increases exponentially. Accounts payable automation solutions enable companies in the real estate sector to scale without additional headcount by significantly saving the bandwidth of their accounting teams and approvers.

Is AP Automation secure for real estate businesses?

Accounts Payable automation solutions help real estate businesses securely handle large invoices. Such cloud-based solutions digitize and store all invoice and payment data, accessible only through a password-protected system. Internal controls are further enhanced against fraudulent transactions with audit trails that record all the events related to the receipt, payment, and processing of invoices.

How does AP Automation handle invoice exceptions or discrepancies?

Duplicate invoices, errors in coding, and other invoice discrepancies are effectively prevented by AP automation solutions. However, solutions like ClearTech go one step further by identifying hard-to-detect trends like overlapping vendors, rate deviations, or vendor invoices received outside the contract period.

Can AP Automation help with compliance and auditing?

AP automation solutions help create a comprehensive audit trail for all transactions by digitizing and securing all invoice and payment data. Centralized data storage provided by these AP solutions ensures enhanced visibility. It helps to expedite compliance audits, reviews, and month-end closings by providing accessible and timely access to financial records.

Can AP Automation integrate with existing accounting systems?

With pre-built integrations for popular real estate and property management accounting solutions like Netsuite, QuickBooks, Realpage, and more, ClearTech seamlessly connects with your existing system in a single day.