Proper
Proper provides specialized accounting services for property managers and real estate developers, offering significant cost savings and handling complex accounting tasks.
Services
Proper provides a variety of accounting services specifically designed for property managers and real estate developers. The company covers accounts payable, accounts receivable, bank reconciliation, fee management, and owner payments & statements. It supports complex accounts payable processes such as billbacks, ratio utility billings (RUBS), and bill splits. Additionally, Proper offers corporate bookkeeping and prior period clean-up services as optional add-ons for clients.
Cost-Efficiency
Proper's property accounting services can save customers up to 50% compared to traditional in-house solutions. Pricing is straightforward, billed per unit or square foot (SQFT) on a month-to-month basis, offering flexibility and cost predictability. On average, customers report saving around 30% on property accounting costs with Proper's services.
Ideal Clients
Proper is designed to support property management companies and property owners with large portfolios, specifically those managing 500+ units or 350,000+ SQFT. The company's robust service offering is suited for anyone in real estate who requires expert property accounting and bookkeeping services.
Company History
Proper was established in 2017 with a focus on the property management sector. In August 2021, Proper successfully raised $9 million in Series A funding, highlighting investor confidence in its business model and services. The company is headquartered at 2021 Fillmore St #9322, San Francisco, CA 94115.
Referral Program
Proper offers a referral program that provides an opportunity to earn $5,000 for every successful referral. This program is designed to incentivize existing clients and partners to spread the word about Proper's services, reinforcing the company's growth and client base.