Serve more owners. Without growing the back office.
Management companies use Terrace to handle OTA reconciliation, AP processing, and owner reporting across their entire managed portfolio — scaling finance without scaling headcount.









Owner-ready reports for every managed property
Generate a branded financial summary for any managed property — covering OTA reconciliation, revenue recovery, AP status, and net revenue — in minutes, not days. For every owner. On any schedule.
- Per-property reports generated on demand or scheduled
- Formatted for ownership, not internal accounting
- Scheduled delivery to each owner stakeholder automatically
Consolidated views for investors and LPs
Owners with multiple managed properties get consolidated multi-property summaries — so they see their full investment position without you assembling it manually.

OTA reconciliation across every managed property
Terrace runs reconciliation simultaneously across every property you manage — so commission mismatches, underpayments, and missing records surface for all properties, not just the ones your team had time to check.
Explore AR workflowsProperty-level exception queues
Each managed property has its own exception queue with evidence attached and dispute deadlines visible — so your team works property by property without losing track across the portfolio.

One AP workflow across every managed property
Define invoice capture, approval routing, and GL posting once — then apply across every managed property. Adding a new management contract means the AP workflow is already configured.
Explore Accounts PayablePer-property approval chains, centrally managed
Each owner has different approval requirements. Terrace configures property-specific routing within a centralized system — so you manage the platform, not 30 separate workflows.

Every managed property's financial status, at a glance
One command center shows close status, open exceptions, pending AP approvals, and AR aging across every managed property — without logging into each property's system separately.
Property health indicators before owners ask
Terrace surfaces which properties have unresolved exceptions, overdue items, or performance concerns — so your team proactively addresses issues before owners call to ask about them.

“We manage 45 properties. Before Terrace, owner reporting required 3 days of work per month just to assemble. Now each report takes 15 minutes and the numbers are already reconciled. We can actually grow the portfolio without growing the team.”
Manage more. Hire less. Report faster.
Scale your managed portfolio without scaling your back-office team.