With rising vendor costs and hidden financial risks, multifamily operators need better visibility. Revyse delivers.

BEND, Ore.: Multifamily operators allocate up to 25% of their operating budgets to vendor and supplier expenses, yet most lack a clear system for tracking costs, contracts, and compliance. Revyse, the AI-powered vendor intelligence platform built for multifamily, is solving this problem - eliminating blind spots, reducing financial risk, and turning vendor data into a strategic advantage.

With new AI-driven intelligence tools and institutional partners like RangeWater Residential, Mark-Taylor, Morgan Properties, and Avanti Residential, Revyse is redefining how operators manage vendor contracts and relationships.

Operators are losing money without realizing it. Contract sprawl is a challenge and expenses are rising, yet most operators still rely on outdated tracking methods - leading to missed savings, duplicate payments, and compliance failures.

"Vendor costs are escalating, yet most operators have no way to proactively manage these agreements," said Bobbi Steward, Co-Founder and CEO of Revyse. "That’s not just an efficiency problem—it’s a financial risk. Revyse gives operators the intelligence they need to take back control."

A single missed renewal or payment error can add up fast. One Revyse development partner uncovered $200 per unit in annual expense reductions just by centralizing supplier data, reducing vendor overlap, and automating oversight. Another found that 85% of their vendors had no formal contracts in place, exposing them to uncontrolled pricing and legal risk.

Even routine audits can reveal costly mistakes. Steward shared one such moment from her own experience as a multifamily executive:

"When our corporate credit card got stolen, we found that we’d been paying a vendor for services at a property we sold years ago," said Steward. "These issues happen all the time, and operators are leaving money on the table without realizing it."

Revyse turns vendor oversight into a competitive advantage. The platform helps eliminate these risks by centralizing contract management, compliance tracking, and vendor performance data into a single AI-powered system.

• Contract Oversight – Create, track, and store agreements in a single system of record.
• Approval & eSign Workflows – Automate routing, approvals, and digital signatures.
• Vendor Compliance – Collect credentials and track insurance expirations.

"Revyse has completely transformed contract management at Avanti," said Gloria Peak, VP of Revenue, IT and Compliance at Avanti Residential. "We now have a single front door for all contracts, and automated workflows ensure we’re managing both spend and compliance with a critical eye."

Top tech talent joins Revyse to fuel expansion. To accelerate its platform growth, Revyse has recruited two leading technology executives:

• Mindy Taylor, Head of Product – A former global product leader at Airbnb, specializing in enterprise software for complex industries.
• Jonathan Samples, Chief Technology Officer – An AI and data engineering expert with deep experience in real estate technology.

"Multifamily vendors and operators process billions in supplier transactions every year, yet much of that data is locked in PDFs and outdated systems," said Taylor. "Revyse is changing that. We’re turning vendor data into a strategic advantage, helping operators make smarter, faster financial decisions."

Vendor costs are rising, and operators need better control. Repair and maintenance expenses alone jumped nearly 12% year-over-year in 2023, according to the National Apartment Association.

"If we don’t know where our agreements are, let alone what’s in them, how are we managing these price increases?" said Steward. "Revyse is the competitive edge operators need. Those who master their vendor and supplier data today will have the upper hand tomorrow."

With a total of $2 million in funding from multifamily veterans like RET Ventures and RealFoundations, and adoption by some of the largest institutional operators in the United States, Revyse is leading the next evolution of vendor intelligence in multifamily.

About Revyse

Revyse is the only AI-powered vendor intelligence platform built specifically for multifamily. By centralizing contracts, compliance, procurement, and spend tracking, Revyse eliminates blind spots, reduces risk, and helps operators make smarter, more profitable decisions. Visit revyse.com/rvi to learn more.

Fonte: Business Wire