CRE accounting, automated.
Yardstone is the cost accounting and AP copilot for CRE development and construction. It reads every document, codes it to the budget and looks for problems, saving your team time and money.
Overhead eats time and money.
Real estate development projects contend with a lot of administrative overhead. Each project brings invoices to code, vendors to chase, draws to assemble, and reports to rebuild, scattered across email, Excel, and PDFs.
Every new project brings more work, so growing has meant hiring.
Your team's time is going to paperwork and not projects
CRE accountants and project managers who…
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75%
spend 2+ hours/week just organizing files
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43%
say they spend too much time on data entry
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40%
spend 12+ hours per month on loan draws
One workspace for the whole development.
From the first budget to the last draw, Yardstone does the project accounting and your team reviews it.
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Automated data entry
Invoices, contracts and change orders are read and coded to the right cost line. Your team checks the work instead of typing it.
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Project budgeting
Committed, invoiced and remaining by cost code, current the moment a document lands. Change orders and transfers included.
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Loan draws
Pick what goes in and the package assembles itself, backup attached. Nothing gets drawn twice.
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Organized documents
Every file sorted by project, vendor and type, and linked to each number it touches.
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Compliance monitoring
COIs and lien waivers tracked for every vendor, with a heads-up before anything lapses.
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Capital tracking
Sources and uses for the whole capital stack, and exactly how each draw pulls from it.
Assembled for you, reviewed by you.
Yardstone takes the data entry. Your team keeps the judgment calls.
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Documents come in
Send them the way you already do: upload, forward an email, or connect a shared drive.
- Upload
- Google Drive
- Dropbox
- Egnyte
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Yardstone does the entry
It reads each one and codes every amount to its cost line. When a document is unclear, it asks instead of guessing.
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Your team reviews
You approve the work instead of doing it, and every number links back to its source document.
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Everything stays current
Approved work flows straight through.
- Budget updated
- Draw package ready for the lender
- Bills synced to QuickBooks
- Partner report up to date
Built for development. Sized for a lean team.
| Instead of | The catch | With Yardstone |
|---|---|---|
| Spreadsheets and QuickBooks | Every invoice is typed twice, and the budget is only as current as whoever last updated it. | Documents code themselves to the budget and sync to QuickBooks. Keep your books where they are, or run without them. |
| Construction ERPs | Built for large contractors: six-figure contracts, months of implementation, and a team to run it. | $500 a month, flat. We set up your first project for you, and it's live in days. |
| AP automation tools | They pay the bill, but don't know a cost code, a commitment or a draw. | Every invoice lands on its cost line against its contract, and rolls into the next draw. |
| Hiring another person | Each new batch of projects means more headcount doing the same manual work. | The team you have takes on more projects, reviewing instead of preparing. |
“Assembling a draw used to be a pain. With Yardstone we're reviewing instead of compiling and chasing paperwork. We finally get our time back and can put it into work that actually makes us money.” Stephen, CPA · VP, Avenue Development
Benefits the Whole Team
More projects with less overhead.
Focus on the project, not the paperwork.
Free yourself from data entry, nagging, and paperwork.
Try it Risk Free
Start with a quick demo. Like what you see? We'll help you set up a free trial on one of your projects.