Case Study: Multifamily Management Services achieves 100% paperless, scalable payments in 60 days with Corpay One

In less than 60 days, Nvoicepay was able to capture, replicate, and digitally codify each individual property’s payment workflow

Multifamily Management Services, a New York–based property management firm managing nearly 200 properties (32,000 units) with three separate accounting offices, confronted a highly fragmented AP process—over 100,000 payments per year and $250M in AP spend—where each property maintained its own bank and approvers. Seeking a cloud-based, paperless solution that would integrate with their PeopleSoft ERP and standardize complex approval workflows, they selected Corpay One’s payment automation platform.

Corpay One captured and digitally codified each property’s unique payment workflow and rolled out the solution in under 60 days, enabling a centralized repository for invoices and approvals and achieving 100% electronic payments. The implementation allowed Multifamily Management Services to add units without increasing accounting headcount, improved visibility and accuracy of financial reporting, boosted efficiency and profitability, and created opportunities to realize rebates through the Corpay One partnership.

Multifamily Management Services

Sam Rotter

CFO