For more than three decades the Cornerstone team has worked with property management companies. We have supported their efforts to abstract leases and get pertinent data into their back office systems for tracking and monitoring leases and for issuing statements with monthly and one-time charges. As the industry and software have matured, we have worked diligently with property managers to automate their sophisticated CAM and percentage rent calculations. Companies successfully implementing these programs have been able to redeploy their team members to work on waterfall calculations and preferred returns, which tend to be a struggle for most accountants.
We have had the pleasure to work with all of the leading software products—Yardi, MRI, RealPage, JDEdwards, Timberline–and have experience with several great point software solutions supporting the industry, such as AvidXchange and Building Engines. Some of the services we provide are:
Cornerstone Solutions knows the importance of lean operations in today’s competitive manufacturing world. Whether you’re producing tricycles or transmissions, living in a discrete or process world, our production and supply chain management experts can give you the leverage you need to succeed. Avoid time lost to junior consultants with little to no industry knowledge, let Cornerstone Solutions help you focus on what is important – delivering to your customers on time, while continuously improving your bottom line.
Whether you’re a Mom and Pop or a global organization, Cornerstone Solutions takes pride in making your company a greater success. We concentrate on areas most critical to the manufacturing environment, such as:
Founding partner Kathy Mortensen began her career in commercial construction and then moved on to Land Development. Kathy fully supports the ideology that Land Development is not just an off-shoot of homebuilding, it is where communities begin. The processes supporting land acquisition and land development are unique with large projects often spanning not months but years. Contracts and negotiations, along with related bonds, utility agreements, etc. are broad and yet need detailed tracking.
In past years these were tracked in Excel and mountains of paper files; developers now recognize that this industry requires agility and real-time information to manage and succeed. Among the services Cornerstone provides to support current Land Development requirements are:
Whether we are talking about multi-family, single family or high rise, the entire Cornerstone team represents decades of Homebuilding experience. We know this industry and execute best practices from the first shovel at the ground breaking to the last warranty work item. Our team is well versed in all areas of Homebuilding including accounting, purchasing/estimating, construction, sales and warranty.
And, of course, our clients throughout the US and Canada count on Cornerstone’s technical expertise to support them across the board. Some of the services we provide are:
Cornerstone personnel have a long history of working with the largest public and private equity firms in the United States. We have assisted these clients with the implementation of specific applications developed by their property management software vendors to support a more robust general ledger tracking of investments and investors, as well as the calculation of waterfall and preferred returns.
Additionally, we have worked with specialty products, such as AssetEye, which easily integrate with the leading software systems. Some of the services we provide are: