Case Studies

Centralization Results

Centricity levels the playing field through centralization, providing a robust offering of essential services, including accounting, human resources (payroll, benefits, employee assistance, compliance, talent acquisition), IT support, and more. This approach creates savings, stability and scalability, frees up valuable resources, streamlines talent requirements, and empowers property management companies to focus on their core business of property management while enjoying enterprise-level resources and savings. Centricity allows you to focus on your brand, while enjoying the economies of scale afforded large platforms. In 2024, clients of Centricity placed over 100 properties and over 700 employees on the Centricity platform, managing their Human Resources, property accounting, insurance, information technology needs, and ancillary revenue offerings. This collaboration has resulted in significant cost savings, operational efficiencies and revenue generation:

  • 25%
    Reduction in health insurance costs, achieving an aggregate savings of over $700,000
  • 30%
    Savings on property insurance for a mid-sized portfolio
  • 25%
    Savings on property accounting for a large portfolio, amounting to approximately, $500,000
  • $100,000
    In annualized savings through IT and systems assessment
  • $600,000
    In added annual revenue through the Centricity DWP

Beyond these financial benefits, Centricity’s solution has provided additional advantages to clients, including opportunity cost savings, enhanced efficiencies through single points of contact for multiple services, reduced administrative burdens, scalability, risk mitigation, and improved employee satisfaction through robust benefits offerings.

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