EverGreen Solutions Launches Multifamily Industry's First Web-Based Budget Tool

March 17, 2008

AptBudget.com Solves Property Budgeting Issues

Washington , D.C. – EverGreen Solutions, the leader in technology consulting for real estate management, proudly announces the launch of AptBudget.com (pronounced “A.P.T. budget”), the multifamily industry’s first Web-based budget tool designed to reduce errors experienced with spreadsheets by utilizing a streamlined budgeting process.

An overwhelming majority of property managers are currently building budgets within spreadsheet workbooks on a property by property basis.  The spreadsheet process is labor intensive and requires property managers to manually input data.  Additionally, the spreadsheet process exposes budgets to errors when complex calculations are deleted.

“The industry has a great need for a budgeting tool; we built AptBudget in response to client demand,” said Georgianna W. Oliver, CEO of EverGreen Solutions.  “It’s easy for management to use, and it has the security that corporate executives need to manage the process over multiple properties. It fills a major void in the software market.”

AptBudget utilizes a user-friendly workflow or “wizard” interface to provide a step-by-step process in building a budget.  AptBudget automatically uploads actuals from prior years for comparisons and projections for the next year’s budget.  In addition, AptBudget utilizes checkpoints and smart functionality throughout the application that flags user errors if they contradict previously known information.  This feature helps to help ensure accuracy and provides additional piece of mind to corporate executives as the system automatically posts a notification if there is an error within a budget.  AptBudget also tracks each version of the budget as it moves through the approval process.  The system can be tailored to a portfolio’s unique needs, including financial categories and user-setup controls to limit access to sensitive information such as payroll.   

“AptBudget fully integrates with all software applications, including Yardi Systems, RealPage, and MRI,” said Oliver.  “AptBudget will change the way the industry builds and processes property budgets.  It is an innovative and timely software application.”

For more information on EverGreen Solutions, please contact Sara P. Auchincloss at 202.333.8710.

For more information about AptBudget or to schedule an interview with an EverGreen Solutions executive regarding AptBudget, please contact Jason Jansky at (303) 684-0300 x122 or jason@linnelltaylor.com

About EverGreen Solutions: EverGreen Solutions, Inc. is a technology consulting firm serving the real estate industry with focused services for the multifamily, commercial, senior, student, and military housing markets. Since the start of the new millennium, EverGreen Solutions has worked with real estate firms of all sizes to design, recommend, and install software solutions and implement best management practices.

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