For the modern property owner looking to maintain oversight of their investments, the right piece of property management accounting software could be a significant boon. Online property management software has come a long way in recent years, and now gives owners easy access to all the information they need to keep up-to-date with their properties.
With the right software by your side, you never need to be out of touch with your properties, managers, and tenants – no matter where you are.
Four Ways Property Management Accounting Software Benefits Owners
- Oversight from anywhere.
It has truly never been easier for property owners to keep tabs on their investments, no matter where they are or what time of day it is. Online property management software with a smartphone app brings access from anywhere with Internet access – and that is pretty much everywhere these days. There’s no need for concern about whether the local manager is being entirely upfront. You can check in to them whenever you like.
- Get instant access to critical financial data.
Need to look up the values for a particular piece of property? The information is at your fingertips. You’ll have access to all relevant records, from original sales information to any work\renovations which have been put into it. This can make it far easier to draw up critical financial documents, create property listings, and more.
- Track work orders.
Are you having serious maintenance issues with a property? The manager may not want to talk about it. However, when you have online property management software that allows tenants to input their own work orders, you aren’t merely making their lives easier – you’re giving yourself a window into the overall maintenance of the property.
- Get paid on time, every time.
Property management accounting software can also significantly streamline the process for billing and payments. Rent notices can be sent out automatically, along with reminders at any interval you’d like to send. Likewise, past-due notes can go out automatically. Along with this, the software can allow for a variety of electronic payment options which make it extra easy for tenants to pay up.
“The check is in the mail” is no longer a valid excuse.
Asyst6 Streamlines Property OwnershipPosted by Angie Jimenez Posted on 18 Dec