Success Stories

Why Clients Trust Our Accounting Services

At Tatum Accounting Services, we operate with a dedication not found in many other firms. By personalizing our work to each client, we are able to provide accurate accounting services that offer relief for your team, all while delivering exceptional results. Our professionals are a resource to the organizations we partner with, providing them access to our specialists to provide training and support for more efficient company-wide accounting. Doing business with Tatum Accounting Services is like working in cooperation with your in-house team because of our experience in the industry with a professional approach to accounting. With that level of commitment, we are thrilled to have assisted every one of our clients.

Responding to Clients’ Needs

Client A

Senior Living Operator, East Coast
Client A did not have a solution in place for intercompany billing. This omission resulted in the organization losing cash, as billable items got lost causing the operator to cover the expenses. An oversight of this magnitude is devasting to the cash position of any company. Client A needed a solid system in place to manage the intercompany billing process. One that would ensure all reimbursable expenses get billed to the entities receiving the benefit.
Our specialist worked with Yardi to implement an intercompany model designed for these types of transactions. Our professional was focused on understanding the firm’s current process, and in this case, customized the intercompany billing workflow to fit best with the client’s procedures. In the end, our team helped remedy Client A’s outdated process and applied updated technologies and methods personalized to their needs for the best results.
Through the efforts of TAS, Client A has protected their cash flow. With a smooth accounting process now established, the operator is not facing preventable losses. This has provided financial assurance to C-suite executives that their expenditures are being billed faithfully and are reimbursed appropriately. These improvements have also protected P&L statements through correct reporting and accurately reflecting financial activity. TAS has provided ongoing support by continuing to manage the process. Our team monitors the intercompany finances to assure the system is running smoothly and does not become an issue as it had been in the past.

Client B

Senior Living Operator, West Coast
Client B had experienced sudden growth and needed immediate support with emergency property accounting services. As a part of their situation, the organization underwent turnover and needed assistance with closing the books and financial reporting.
Given the nature of the client’s urgent circumstances, our property accounting professionals had to jump in immediately. Acting as backup support in a difficult situation, we were able to respond quickly as we have experienced property accountants on staff who understand the industry, minimizing any learning curve that may have been an issue otherwise on such short notice. Being familiar with the field enabled TAS to deliver a timely turnaround to meet tight deadlines despite a limiting situation. We quickly responded to the call with no compromise to our quality, even though Client B was in a less-than-ideal situation.
Client B benefit from the quick hand of TAS and was able to close out the accounting for the asset in question. TAS not only satisfied the needs of the job, but we also used our expertise to provide prompt and professional services. Our established industry knowledge helped Client B to avoid the repercussions of failing to complete the tasks—such as informing investors they need more extensions to deliver financial reports. Given the state of Client B at the time, this could have had major repercussions. Thankfully, with the support of our specialty accounting services, Client B was able to maintain and further their reputation as a senior living operator regardless of their bind. TAS provided accurate and honest services; because of this, Client B has trusted our team and partners with us for ongoing services. Through our consistency and trustworthiness, Client B continually has a good product they can present to investors.

Client C

Senior Living Operator, U.S.
When Client C called TAS, they had a good problem: They were growing very quickly. Still, this sudden success caused issues that needed to be addressed, such as impacting the client’s P&L statement. Considering the rapid growth, the amount of work would have been overwhelming for internal accounting personnel, who did not have the necessary support to finish the task in an accelerated timeframe. This was another opportunity for TAS to implement the intercompany module to bring aid to the current staff.
Our team of professionals worked closely with the client to build out the new module. We made the necessary adjustments to the chart of accounts so the intercompany transactions could be accounted for appropriately. Not only did TAS provide immediate assistance, but our team also identified incomplete practices that were brought on as a result of the client’s said growth. Our team was able to adjust the client’s billing to accommodate multiple locations. TAS utilized Yardi Voyager’s intercompany component to make the process more efficient and accurate. The work we completed and the improvements we integrated were due to our experience and knowledge of the senior living industry and understanding the accounting standards of senior living operators.
Our team implemented an improved model that could be used going forward to automate certain steps and make the overall process more efficient. Without this system, the client may have experienced large losses due to slow production, errors, delays, and other factors that could have clogged the process. This client has entrusted TAS with ongoing services, including implementation, troubleshooting, and training their internal teams. These educational opportunities have equipped Client C with the ability to work capably and to internally resolve issues while also maintaining the opportunity to rely on our expertise.

Testimonials

Tatum Accounting Services has been a great partner for Cadence Senior Living. Burdette and his team have brought an excellent level of skill and experience in both Yardi and the Senior Living industry to Cadence as a client. TAS has been instrumental with implementing new modules in Yardi, onboarding new clients for accounting & reporting as well as closing a community's books and preparing GAAP financial statements.
Tim Abraham

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770-410-8494

Discover the Difference of Tatum Accounting Services
We would love the opportunity to work with your organization. Now that you have had the chance to see our work, contact us to learn more about how we can serve you. Call Tatum Accounting Services at 770-410-8494 or send us a message by filling out our contact form. Our team is looking forward to hearing from you.
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