Edgewood Management Corporation uses the most comprehensive programming and the most current technology and software to provide efficient accounting systems and 24-hour reporting for Owners.
In order to fulfill our financial responsibilities, Edgewood’s thorough procedures maintain a system of records and accounts that conform to generally accepted accounting principles. Our sophisticated general ledger software can accommodate financial reporting in any chart of accounts specified by Owners or regulatory agencies and can support both cash and accrual books simultaneously. Standard operating reports provided to owners include the comparative operating statement, general ledger, trial balance, aged accounts payable, and check registers. These reports can be exported in various formats such asPDF and Excel format which allow the information to be used electronically for other tasks including financial forecasts, preformed, and property comparisons for the Owners.
Edgewood offers an option of secure web portals for clients to retrieve their own reports, from the general ledger software or the On-Site software. Edgewood developed its own proprietary accounts payable software: EMC Genie, AP Entry, and RPM Tools. These software applications allow the on-site associates to scan and enter invoices into the system and provides the tools to view and approve invoices as required as well as to easily determine if a prospective invoice may cause a particular site to go over budget. The RPM Tool also provides the Regional Property Managers and Executive Staff with real time cash management.
Edgewood’s corporate staff, regardless of location, has 24-hour access to our state-of-the-art financial software, including the One-Site software, and is able to retrieve reports or invoices at any time. In addition, associates have the same access to our internal system whereby they are able to retrieve documents such as management agreements, regulatory agreements, contracts, insurance policies, tax assessments among others. We pride ourselves on having the proper tools to provide first class service to our clients.
MRI viewer for clients.
