Accruit works constantly to enhance the value we provide our clients, and over the past few months we’ve focused significant effort on reinventing the internal processes associated with the Accruit Program Exchange Manager™. As is often the case with these kinds of upgrades, the benefit may not be readily evident to the end client. So we thought we’d take a moment to explain what we’ve been doing and how it helps your business.

Restricted Cash-Handling Improvements
Helps ensure our clients maintain consistent use of the Safe Harbor guidelines and that all replacement property acquisitions fall within tax code requirements.

EMCC Checks
Provides nightly feedback on any possible data inconsistencies. Lets clients to do “on-the-fly” data reconciliation instead of waiting for the end of the quarter or year.

Client Service Manager (CSM) Dashboard
Lets CSMs view the most important date and financial metrics for their client in a single view. Allows the CSM to more effectively anticipate client concerns for pertinent 1031 timelines.

View Balance on Client Request
Allows the client to see the exact balance available for acquiring replacement property. They will no longer need to manually calculate bank float into their balance amount.

Tax Balancing
Provides instant reconciliation of end-of-year reports to ensure all the tax filing reports balance appropriately.

The result is that Accruit is now able to provide an even more effective, efficient process for our valued program clients. If you have questions, please feel free to contact your CSM or George Shaver, Chief Operations Officer.