Case Study: FD Stonewater Brings Accounting In-House with Rabbet

FD Stonewater Brings Accounting In-House with Rabbet

FD Stonewater, a Virginia-based boutique development, investment, brokerage, and asset management firm, was struggling to keep accounting in-house while managing too much work internally. The team had been outsourcing part of its accounting tasks, which made quality control harder, and the development team lacked clear visibility into draw processes and budget data that quickly became outdated in Excel.

Using Rabbet, FD Stonewater centralized project information and brought development accounting back in-house without hiring additional staff. Rabbet improved alignment between finance and development, gave the team real-time access to project status and supporting documents, and saved about an hour or more per project each month plus roughly 10 hours during year-end close.

FD Stonewater

Rita Pagnotto

VP of Finance, Controller