Unitbase provides AI‑driven agents that automate the full accounts‑payable and bookkeeping workflow for real‑estate portfolios, extracting invoice data, creating purchase orders, reconciling bank feeds, and posting entries directly to the general ledger. By learning each organization’s chart of accounts and integrating with systems like Yardi, the platform cuts invoice processing time by over 90% and speeds month‑end close up to threefold.
Funding
Funding not disclosed
Founders
Product
Problem
Property accounting teams spend extensive time manually processing invoices, creating purchase orders, reconciling bank transactions, and posting journal entries, which slows month‑end close and introduces coding errors.
Solution
Unitbase delivers AI‑driven agents that automate the full accounts‑payable workflow and bookkeeping tasks for real‑estate portfolios. The AP Agent extracts data from invoices, generates purchase orders, and posts entries directly into the general ledger, while the Bookkeeper agent performs bank reconciliation, transaction categorization, and journal posting across the entire portfolio. By learning the organization’s chart of accounts, the agents improve GL coding accuracy and reduce invoice processing time by more than 90 %. The platform integrates with leading property‑management systems such as Yardi, enabling rapid deployment and immediate reduction in manual effort, which accelerates month‑end close by up to three times.
Target Audience
Primary customers are accounting and finance teams at real‑estate operators, property‑management firms, and investment portfolios that manage multiple properties and require efficient AP and bookkeeping processes.
Features
- AI extraction and validation of invoice data with automatic PO creation
- End‑to‑end AP automation that posts approved entries to the general ledger
- Bookkeeper agent that reconciles bank feeds, categorizes transactions, and generates journal entries
- Continuous learning of property‑specific GL structures to enhance coding accuracy
- Seamless integration with Yardi and other property‑management software via APIs
- Quick implementation timeline—operational within days rather than months