Bridge Tower Saves 60+ Days a Year with Velixo Reports for Acumatica
With Velixo Reports for Acumatica, Bridge Tower’s finance team now closes all 193 entities every month in 10 business days or less, and manual journal entries are almost gone.
Bridge Tower by the Numbers
With Velixo Reports for Acumatica, Bridge Tower’s finance team now closes all 193 entities every month in 10 business days or less, and manual journal entries are almost gone.
60+ days
Saved every year across the finance team
1 person, 2 days
For close work that took 3 accountants a full week
10 business days
Or less to close all 193 entities, every month
2 to 3 days
Saved on tax file prep, every month
Almost zero
Manual journal entries, now that journals go from Excel straight into Acumatica
About 10
Review steps cut from the process
"Velixo already exceeds my expectations. It's changed how we do everything."
About Bridge Tower
Founded in 2013 and based in Dallas, Bridge Tower is a residential real estate and development firm that handles every stage of a property’s life: land acquisition, construction, property management and asset sale. It manages thousands of properties across Texas, Georgia, Florida, North Carolina and Tennessee, with more than 193 legal entities under management.
Bridge Tower moved from QuickBooks to Acumatica in 2019 and 2020 and has used Velixo since 2019. Cooper Weiss joined as Director of Accounting in 2022. A self-taught Excel user, he is the team’s only report designer, and he rebuilt the company’s Acumatica financial reporting with Velixo Reports.
The Challenge: A Quarterly Close That Took Three Accountants a Week
With nearly 200 entities, Bridge Tower couldn’t produce consolidated reports fast enough to close monthly. The team closed quarterly instead, which delayed the numbers decision-makers needed. Each close took three accountants a full week.
The reports themselves were part of the problem. Every accountant built financials in their own format, which made reviews slow and raised the risk of misclassifications in the packages sent to investors.
3 ACCOUNTANTS, 1 FULL WEEK
“Velixo eliminated about 10 steps of review. Now we focus on analysis instead of cleanup.”
Cooper Weiss, Director of Accounting, Bridge Tower
Most journal entries and data uploads went into Acumatica by hand, often one line at a time. Reconciliations, property management fee calculations and month-end entries all needed manual work, and that work grew with every new entity.
The Solution: Standardized Acumatica Financial Reporting, Built In-House
Templates that make every report look the same
Cooper’s first goal was to make every report look the same no matter who prepared it. He built reusable Excel templates that pull live data from Acumatica, each with more than 20 custom formulas that keep formatting, subaccounts and branches correct.
20+ CUSTOM FORMULAS IN EVERY TEMPLATE
“It’s very user friendly to the point where you don’t have to be an accountant to look at these financials or to look at these reports that we’re creating. It makes it to where it’s very black and white… you’re not having to do rocket science to look at these numbers.”
Cooper Weiss, Director of Accounting, Bridge Tower
Journal entries straight from Excel into Acumatica
The team now uses Journal Entry Writeback every day. Property management fee calculations and trial balances from Bridge Tower’s construction business go from the workbook straight into Acumatica, with no upload files to build in between.
MANUAL ENTRIES: ALMOST NONE
“We probably upload everything through Velixo or import scenarios. Manual entries are almost non-existent now.”
Cooper Weiss, Director of Accounting, Bridge Tower
Reporting and reconciliation at the detail investors and auditors need
For Acumatica financial reporting and reconciliation, the team built custom Generic Inquiries and connected them to Velixo templates. They pull everything from account detail to subaccount-level breakdowns into Excel, at the level of detail that accrual accounting, investor reporting and internal audits need. Cooper also uses Velixo’s budgeting and forecasting reports to consolidate results and project performance, static
“It’s very user friendly to the point where you don’t have to be an accountant to look at these financials or to look at these reports that we’re creating. It makes it to where it’s very black and white… you're not having to do rocket science to look at these numbers.”
The Outcome: Monthly Closes, Accrual Books and Time for Analysis
A month-end close in 10 business days or less, across 193 entities
Bridge Tower now closes every month across all 193 entities, averaging 10 business days. The work that took three accountants a full week now takes one person two days, and standard templates removed most of the review cycle.
BEFORE
3 accountants, 1 full week
NOW
1 person, 2 days
From cash basis to accrual
The detailed reconciliations made possible a change the team couldn’t attempt before: moving the books from cash to accrual accounting.
CASH BASIS → ACCRUAL
“We were cash basis before. With Velixo, we were able to switch to accrual because we could finally handle reconciliation upon reconciliation.”
Cooper Weiss, Director of Accounting, Bridge Tower
Tax files in a few clicks, every month
Each month the team pulls balance sheets, income statements and GL detail for every entity and compiles them for tax filings. Instead of downloading each one from Acumatica, they refresh templates connected to custom Generic Inquiries. Multi-entity consolidation and audit support need no manual formatting.
2 TO 3 DAYS SAVED ON TAX PREP, EVERY MONTH
“When we crystalize a project, Velixo lets us break down everything on the fly and show exactly what’s investment, what’s payout, and what’s retained earnings.”
Cooper Weiss, Director of Accounting, Bridge Tower
60+ days back every year, with the same team
In total, Velixo saves Bridge Tower more than 60 days a year. As the portfolio grew, the finance team scaled its workflows without hiring more staff.
Looking Ahead
Cooper’s next goal is to have Velixo run in the background. The team plans to use Power Automate and Office Scripts to refresh reports and trigger writebacks on a schedule, automate uploads without opening files, and connect Excel to FTP directories and property management software so data moves from source to ERP with little manual input.
They are working with Velixo and AIM on new automation use cases and reporting flows, and plan to try Velixo’s Distribution List for internal report sharing and construction templates to support their expansion.
Where Velixo Made the Difference
Scalable, automated financial operations — all built in Excel and powered by Velixo.
Do More with Less
What once took three accountants now takes one. Velixo automates reporting, entries, and reconciliations — freeing time for higher-value work.
10-Day Monthly Close
From quarterly closes to monthly closes across 193 entities — now completed in just 10 business days or less.
Built to Scale with the Business
As Bridge Tower’s portfolio grew, Velixo enabled the team to scale workflows without hiring more staff.
Journal Entry Writeback, On Repeat
Whether calculating fees or importing trial balances, the team uses writeback daily — no upload files, no friction.
Smarter Reporting, Even for Non-Accountants
Velixo templates are so clear and consistent that even non-finance stakeholders can understand them at a glance.
Accrual Made Possible
With Velixo powering deep reconciliations, Bridge Tower transitioned from cash to accrual accounting — and never looked back.