Case Study: Pegasus Residential streamlines invoice processing and speeds vendor payments with RealPage

Pegasus Residential - Customer Case Study

Pegasus Residential faced significant challenges with its manual accounts payable process, which relied on cumbersome paper invoices. This created excessive workloads, delayed vendor payments, and strained vendor relationships. To address this, the company engaged RealPage and its Spend Management platform with an integrated payment processing solution to transition to e-invoicing.

With hands-on support from RealPage's vendor enablement team, Pegasus rapidly onboarded over 500 new vendors for e-invoicing in just three months. They also implemented RealPage’s Vendor Payments solution, which slashed the average invoice processing time from 30 days down to just four or five days. This automation drastically improved operational efficiency and greatly enhanced vendor satisfaction.

Pegasus Residential

Holt Weaver

Controller