One of the few positive consequences of the pandemic was that the odd segment of history fostered a greater connection with pets. Many shelters sat empty as adoption rates skyrocketed, and pets in general got the opportunity to witness their owners stay home more than ever.
Many of those pets, naturally, landed at apartment communities. While that certainly qualifies as an uplifting development, both new and longstanding pet owners understand that pets can be expensive. Pet insurance can help counter that cost, yet it hasn’t been widely utilized in multifamily and beyond.
While approximately 70% of U.S. households own a pet, only 2% of pet owners have dedicated pet insurance, according to the National Association of Insurance Commissioners. In the apartment world, the story is familiar. Residents understand the idea that pet insurance can shield them from significant financial setbacks, but it can be overwhelming to shop for, and it can be difficult to determine the precise coverage thresholds that will actually help. continue
Building Efficiency into Accounting Processes
Accounting professionals deal with a million little things every day: creating journal entries, importing entries, coordinating data from payment management tools, etc. And every task must be carried out precisely and accurately, or there will be additional work down the line as they locate and reconcile any errors.
But the need for perfection across multitudes of little tasks can combine with processing times to slow systems and result in frustrating lags. Accountants deserve software that can keep up with their workflows and keep processes running smoothly. continue