Specialized Real Estate Development Accounting Software
You are a Developer
Whether you develop properties for yourself or others, you need a financial management system that handles the details – from material costing to change orders and beyond.
The REDA Solution powered by Acumatica provides a fully integrated management solution for your entire business.
Handle All Aspects of
Development with Ease
The REDA Solution was explicitly developed as project-oriented Accounting Software, with the project perspective receiving equal attention as the financial perspective. All the software modules or functionality are project aware. That each module can provide the necessary project perspective to complement the general ledger perspective. The REDA Solution found the independent perspectives to be the key to addressing the real estate developer needs.
Fully Integrated Features:
Contract Management
Loan Draw
Property Management
General Ledger
Accounts Payable
Easily Handle All Aspects of:
Project Management
Project Funding
Property Management
Financial Reporting
The main difference between the REDA Solution and other job cost or construction software packages is how the project perspective permeates the software design. The developer needs to see a project from the top-down. Since most developers hire a general contractor and subcontractors to implement projects, top-down financial control is more critical than bottom-up details. Nearly all job costing software emphasizes the subcontractor or general contractor perspective where the detail level drives the reporting.
REDA Solution’s success in the developer market comes from its ability to go beyond the details and show management the top-level project status and the various detail levels that support it.
Increased efficiency in that transactions can be entered one time (i.e., an invoice) and that one transaction will be reflected in payables as on invoice to pay, in project costing as a cost to manage and applicable for loan draw process – negating the need for duplicate/triplicate entry and possible data entry errors causing report differences.
- Ability to manage project costs and, through the single-point entry, know the exact status of a project from budget to committed / contracted costs to actual costs to date.
- Ability to factor in forcasting changes is always "seeing" a more accurate view of the estimated completion costs.
- A single point of reference with backup schedules to report both budgeting and project costing of a project that integrates into financials.
What is your role
in the organization?
Developer / Owner
Finance / Accounting
Project Manager
