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Many property management companies think that hiring an accountant is all they need for financial oversight It’s not. Here’s the difference: A 𝐯𝐢𝐫𝐭𝐮𝐚𝐥 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 𝐭𝐞𝐚𝐦 is like having an in-house financial department—minus the cost and hassle. They’re dedicated to fuelling your growth, optimising your systems, and fully managing your financial landscape 𝐖𝐡𝐚𝐭 𝐚 𝐕𝐢𝐫𝐭𝐮𝐚𝐥 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐓𝐞𝐚𝐦 𝐃𝐨𝐞𝐬 𝐟𝐨𝐫 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: 💸 Manages payroll for your staff 🧾 Handles rent collection and supplier payments 💰 Keeps your cash flow steady, even with seasonal fluctuations 🕵️♂️ Identifies discrepancies in tenant payments and expenses 📊 Creates accurate, actionable budgets for property maintenance and growth 🧠 Helps you make smart investment and expansion decisions 📝 Provides monthly/quarterly financial reports and strategic planning insights 𝐖𝐡𝐚𝐭 𝐚 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐧𝐭 𝐃𝐨𝐞𝐬: Responds to your queries — when they have time Takes care of basic compliance but doesn't help you grow Answers your questions but doesn’t dive into the “why” behind them Sure, they manage payroll, transactions, and invoices—but that's the bare minimum 𝐓𝐡𝐞 𝐁𝐨𝐭𝐭𝐨𝐦 𝐋𝐢𝐧𝐞? If you only need the basics, hire an accountant But if you’re ready to elevate your financial strategy and streamline your property management business, you need a virtual finance team Want to take your property management to the next level? Drop me a DM. Let’s talk #PropertyFinance #VirtualFinanceTeam #PropertyManagementSolutions

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