No Leaky Buckets: Why We Built IronLedger

No Leaky Buckets: Why We Built IronLedger
N
Nick Amore
December 15, 2025 ยท 4 min read
Company Detail

"I handed my property manager a $20 bill, and I told him to toss it out the window.
Because that's what happens every time we don't bill back a receipt" โ€” Owner, 5K+ multifamily units, Based in Alabama

Property management companies can leak cash

We spoke with over 100 owners and managers, and leaking profits was a common theme.

Accounting teams are either spending dozens of hours tracking card spend, or they're losing around 5% of profits from missed billbacks.

My grandfather developed and managed real estate in Columbus, OH. We could be losing thousands of dollars a year from not properly reconciling our books.

With stronger processes, you reconcile everything, but it takes a team 40+ hours every month and is a nightmare to track and collect receipts.

We built IronLedger to solve this problem.

IronLedger collects, codes and reconciles card spend with AI

Make a purchase and get a text immediately from IronLedger to collect your receipt.

Like a bookkeeper, IronLedger confirms the property, unit or PO number for you over text. It then handles complex splits for you and codes it accurately in seconds.

IronLedger works with all credit cards (including American Express, Visa, and Mastercard) and all accounting systems (including Yardi, AppFolio, and QuickBooks).

Stop spending hours tracking down and coding expenses. Use IronLedger and put expense tracking on auto-pilot.

IronLedger saves you time and money

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Track 100% of your card spend No more leaky profits
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Save 20 hours per month for every 100 card transactions
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Works with your existing cards Keep your AmEx!
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Plugs into your accounting systems Yardi, AppFolio, and more

AI can't fix your toilets.
But it can save you hundreds of hours on expenses.

Learn why 40K+ multifamily units use IronLedger.

Book a Demo