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Constant Contradictions - Accounts Payable LEDIC Realty Company Employee Review

1.0
Aug 1, 2017
Recommend
CEO approval
Business outlook

Pros

Most days you can set your hours when you can come in and leave

Cons

One of the biggest things that frustrated me about this place was the constant contradictions on policies. I was working in AP and was told by management only to submit an employee expense report if I had the original receipts and every item was accounted for. I had an expense report that only had faxed copies and was missing a few items on the cover sheet. I emailed the employee and said I needed originals but he never responded. A few weeks passed and then I was asked why I was holding onto and when I explained I was told I needed originals everyone looked at me like that had never been mentioned before. My supervisor then told me to turn in an expense report back to the staff accountant if it was incomplete. The next time that happened and it I took the staff accountant her response was "I don't want it." Logic also appears to be something lacking at this company. When a property was in the process of being closed for the month the staff accountants were for some reason incapable of composing a simple email stating "I'm in the process of closing this property please don't post anything else" Instead they preferred for AP people to come up every 5 minutes and constantly ask if a property was sill open

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LEDIC Realty Company Response
8y
Thank you for your feedback. We regret that you experienced frustration during your employment with LEDIC. We strive for continuous improvement on processes and procedures so that we can operate more efficiently. We will utilize your feedback in reviewing our processes.

Explore other reviews about LEDIC Realty Company

5.0
Feb 21, 2022
Recommend
CEO approval
Business outlook

Pros

Company is very very Great

Cons

I don't have any cons

3.0
Aug 23, 2016
Recommend
CEO approval
Business outlook

Pros

Luckily I have a Senior Executive Manager (SEM) that allows me to do my job to the best of my ability. It's not dictatorship. The SEM knows the difficulties the Property Managers face on a site level. The SEM trusts that we are working in the best interest of the company with the limited resources we've been provided.

Cons

1) The pay is not even close to being competitive, and the incentive bonus is not even honored. 2) Majority of the properties are tax credit and cash flow is very tight. We end of paying invoices anywhere from 6 months to a year instead of 30 net. This creates a lot of frustration with our vendors and builds a bad reputation.

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