Use cases
What Komod does
Eight things a commercial real estate close needs, and what Komod does for each one: it reads, proposes and explains; you approve.
- Use case
Month-end close software for commercial real estate
Komod is month-end close software for commercial real estate teams that keep their books in QuickBooks. You open the month and ask Komod to run the close. It reads your mail, your documents and your bank, lines up what it proposes, and asks where it is unsure. You approve each entry, and the owner report is drafted from what you approved. - Use case
Lease abstraction software for commercial leases
Komod is lease abstraction software for commercial real estate. Upload a lease or an amendment. The terms come back as a card, each with the page and the words it came from. A person approves the card before anything is recorded. - Use case
CAM reconciliation software for commercial real estate
Komod is CAM reconciliation software for commercial real estate, covering CAM and NNN true-ups. Shared building costs, worked out line by line from your own books and each tenant's lease. Caps per recovery year, controllable and non-controllable costs, the admin fee, and a true-up per tenant. Every figure shows how it was reached. - Use case
Invoice processing and verification for commercial property
Komod handles invoice processing for commercial property accounting. Vendor bills read from the document, coded to your own chart of accounts, marked recoverable or not, and held as a card until a person approves them. Nothing is posted on its own. - Use case
Bank reconciliation software for commercial real estate
Komod is bank reconciliation software for commercial real estate. Bank statements and feeds matched to approved activity. A line that cannot be matched with confidence stays open, with the reason. A deposit that is rent plus tax is explained to the cent, against a rate you recorded. - Use case
Owner reporting software for commercial real estate
Komod is owner reporting software for commercial real estate. The monthly report your owners read, in seven sections. Every figure links to the transaction, lease clause, calculation or document behind it. Owners read it in their own portal and see only their buildings. - Use case
QuickBooks for commercial real estate accounting
Komod adds commercial real estate accounting work to QuickBooks. QuickBooks stays your one set of books. With QuickBooks Online, your chart is imported when you connect and approved entries post only by your click. With QuickBooks Desktop, your chart is imported from a file and approved entries export as a file you import, a download, never a post. - Use case
Year-end catch-up for commercial property books
Komod helps catch up commercial property books before year-end. Closing several months for one building in one sitting. A year desk shows all twelve months, what each one has and what it is missing, and runs the close one month at a time, each month approved by you.
Your first month is free
Let Komod run your next month-end close.
For one month, at no cost, Komod closes the books on your leases, your bank accounts and your QuickBooks. You approve every entry. Tell us a little about your buildings and we set it up with you, hands on.