{"id":22450,"date":"2019-07-08T05:00:59","date_gmt":"2019-07-08T12:00:59","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=22450"},"modified":"2026-02-22T15:32:40","modified_gmt":"2026-02-22T23:32:40","slug":"accounting-efficiency","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/accounting-efficiency\/","title":{"rendered":"Accounting Efficiency"},"content":{"rendered":"

About a year ago, Carmin Tomassi, vice president, controller at Silverado, walked through the doors of the Irvine, Calif., headquarters for the first time. He was promptly introduced to all 12 systems used by the AP department. From day one, he knew that greater efficiency would take the organization to the next level. He enlisted Yardi to help make that vision a reality.<\/p>\n

\"\"
Carmin Tomassi<\/figcaption><\/figure>\n

Identifying inefficiencies <\/strong><\/p>\n

Silverado\u2019s presence spans the west coast and midwestern United States. Its 59 properties specialize in senior care with an emphasis on assisted living and memory care, as well as hospice and home services. Each location offers a broad range of services for aging seniors. The sites require specialized equipment and steady maintenance.<\/p>\n

Each day, the accounts payable team received stacks of invoices in various stages of completion and accuracy. Approvals and reconciliation with the general ledger took days longer than Tomassi preferred.<\/p>\n

To create efficiency, he embarked on a campaign with two major goals. The first was to simplify the department\u2019s software use.<\/p>\n

\u201cWe had maybe a dozen systems that affect accounting. They were all different which was just crazy to me. Even keeping track of your logins was ridiculous,\u201d said Tomassi. \u201cWith accounting, things need to talk to each other, and it needs to be seamless. Otherwise, you’re asking for trouble.\u201d<\/p>\n

The second goal was to expedite approvals by streamlining the filing process. \u201cAP would arrive in the morning and there would be stacks of invoices in their little baskets: no signatures, no allocations, no coding, no nothing, right? They just kind of dealt with it for a while but I said, \u2018No. We\u2019ve got to figure out a way to make this more efficient.’ We also needed metrics so we can track the workflow and make changes.\u201d<\/p>\n

Streamlining processes
\n<\/strong><\/p>\n

The Yardi Senior Living Suite unites property management, finance and business oversight on a single platform. The integrated solution improves efficiency and reduces costs.<\/p>\n

Yardi PayScan increases cost savings with paperless invoice processing. Online workflows provide consistency, minimize errors, and facilitate timely vendor payments via EFT or automatic check writing.<\/p>\n

As the first step in Tomassi\u2019s campaign, Silverado switched from its previous software to PayScan. The system integrates seamlessly with the organization\u2019s Yardi Voyager software.<\/p>\n

\u201cIt was a really big win for us,\u201d said Tomassi. \u201cBoth for the quality of the maintenance and controls. We now make sure that every single invoice gets reviewed.\u201d<\/p>\n

Within three weeks, most invoices were processed through PayScan. Tomassi and his team prepared for the second phase of the campaign: using built-in analytics to identify snags in the approvals process.<\/p>\n

Tomassi said, \u201cPayScan provides a level of information that we didn’t have before that now we can act on and do something about. It helped the folks in accounting for their part, like really getting people to pay attention to how they\u2019re coding things.\u201d<\/p>\n

With a more streamlined process in place, Tomassi is already noticing an improvement in efficacy and lower overhead costs for Silverado.<\/p>\n

\u201cPayScan brings a lot of structure. Through attrition, we reduced our AP team by one person,\u201d said Tomassi.<\/p>\n

Learn more about the Yardi Senior Living Suite<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

About a year ago, Carmin Tomassi, vice president, controller at Silverado, walked through the doors of the Irvine, Calif., headquarters for the first time. He was promptly introduced to all 12 systems used by the AP department. From day one, he knew that greater efficiency would take the organization to the next level. He enlisted […]<\/p>\n","protected":false},"author":440,"featured_media":22451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,2952,3354],"tags":[1832,842,2438],"class_list":["post-22450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people","category-senior-living","category-team-yardi","tag-payscan","tag-senior-living","tag-yardi-senior-living-suite"],"acf":[],"yoast_head":"\nYardi Blog<\/title>\n<meta name=\"description\" content=\"About a year ago, Carmin Tomassi, vice president, controller at Silverado, walked through the doors of the Irvine, Calif., headquarters for the first\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accounting Efficiency\" \/>\n<meta property=\"og:description\" content=\"About a year ago, Carmin Tomassi, vice president, controller at Silverado, walked through the doors of the Irvine, Calif., headquarters for the first\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/accounting-efficiency\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-08T12:00:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-22T23:32:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2019\/06\/Carmin-Tomassi.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"470\" \/>\n\t<meta property=\"og:image:height\" content=\"440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Erica Rasc\u00f3n\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Erica Rasc\u00f3n\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/accounting-efficiency\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/accounting-efficiency\/\",\"name\":\"Accounting Efficiency - 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