Harbor Point Properties
IndustryReal Estate & Property ManagementWorkflowAccounts Payable
40+
Entities automated
71%
Touchless AP
-6 days
Intercompany close
The challenge
Harbor Point manages a portfolio of 40+ property entities, each with recurring payables and intercompany activity. AP and consolidation consumed most of the month, and intercompany eliminations were slow and error-prone.
What Astridex did
Astridex Pay automated recurring payables across every entity, captured and coded invoices, and matched them touchless within tolerance. Astridex Close matched intercompany transactions continuously and surfaced the items that did not mirror.
Touchless AP reached 71% across 40+ entities, and intercompany consolidation dropped six days — turning the portfolio’s biggest close bottleneck into a largely-finished step.
“
Recurring AP across forty property entities used to swallow the month. Astridex runs it and reconciles intercompany while it goes.
Grace Okonkwo, Controller, Harbor Point Properties
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