Is your property management business capitalizing on the benefits of mobile property management software? In today’s fast paced world things are moving and changing at an unprecedented rate. It can be difficult to stay competitive and organizations need to invest in the tools that allow them to thrive.
Mobile property management software offers a suite of tools which make it easier and more cost efficient to run a successful business. Such software allows decision makers to access any data when and where it is needed. Work on the go or in the office with confidence!
The benefits of property management software are numerous and far reaching. It enables you to work from anywhere, keep your data secure, automate tasks, improve communication, keep track of your finances, and make better decisions. Property management software is definitely worth exploring.
Does your business need mobile property management software? Yes it does! Here are a few reasons why.
1. Reap the Benefits of Automation
The right property management software can help free up your time by automating repetitive and time consuming tasks. You should not be bogged down with simple jobs that can easily be handled by software. Your time and expertise are valuable and can be better used on those tasks that need the hands on approach.
Set up automatic tenant late payment notifications and be proactive with collections without taking up valuable time. Have maintenance tickets created automatically upon move out. But why stop there? Involve your third party vendors and have those maintenance tickets automatically trigger an email that is sent to the appropriate contractor.
Automating these types of tasks will not only save time, it also removes the element of human error. People make mistakes. They forget. We can only do so much at a time and we have to prioritize what gets done first. Automating tasks means that they will get done every time and without delay.
2. Cost Efficient Solution
You’ve probably heard the old maxim that time is money. It’s true! You might think that you can do it all but the time you’re investing into running the business is time you’re not using to grow the business. How much revenue are you losing out on by missing opportunities you’re too busy to see?
Mobile property management software has become more capable and functional while becoming more affordable. These programs can do the work of multiple employees at a fraction of the cost it would take to hire just one person. Software is also far less impacted by the growth of your company and can easily be expanded as you scale your business.
3. Improved Communication
It’s entirely possible to improve communication, responsiveness, and the customer experience without adding to your workload. With the ability to send out email blasts and automated messages you can keep tenants engaged and informed without a huge time investment. Simply set it up and let the software do the rest.
Communication is a two way street. Make it easier for tenants to interact with your business by giving them access to a tenant portal. Instead of calling your office, tenants can be given self help options which trigger appropriate automated tasks. Through a tenant portal people can help themselves to features such as accessing their documents, opening maintenance tickets, and making online payments.
4. Work from Anywhere
You could keep piles of documents at your office, or you could have virtual documents at your fingertips whenever and wherever you need them. The use of cloud storage makes all of your files accessible from anywhere in the world. Whether you’re out inspecting properties, meeting with investors, or sipping margaritas by the pool, you can have access to all of your documents with the click of a button.
Cloud storage makes it possible for all of your information to be updated in real time. That’s what mobile property management software can do for you. No more waiting for data to become available. See it all as it happens!
5. Better Accounting
The backbone of any business structure is certainly accounting. Keeping good records allows you to see your income and your expenses which lets you make good financial decisions. Without sound accounting a business is certain to fail.
The problem with accounting is that it can be tedious and time consuming. Luckily property management software can help. When choosing for the right software solution for your business, look for one with enterprise class accounting that can handle your business needs now as well as in the future. Separate sets of books, line item management, and automation options are key components of any property management software worth considering.
6. Secure Your Data
Cloud storage can help keep your data safe and secure. Paper documents can be damaged, lost, or stolen as well as read by unwelcome eyes. Keeping digital documents on a secure offsite server eliminates all of these issues.
Backup all of your data in the cloud for easy recovery in the event of a catastrophic failure. Paper simply can’t do that. Don’t take risks with your data. Keep it safe, keep it secure.
7. Make Data Driven Decisions
Organizational decision makers know that better data means better decision. Without data decisions can only be based on hunches and guesses and that’s no way to run a business. Make data driven decisions and lead your company in the right direction.
Property management software can keep all your data organized for easy analysis. Strong accounting software will show you how the money travels within your business. Up to date information ensures that the picture you are looking at is current. Access to all your data when and where you need it means that you can make data driven decisions every time.
Mobile property management software can be the solution for your organization. Better engagement with tenants can lead to a longer and more rewarding business relationship. Automation reduces the workload and frees up time for more important tasks. Cloud storage keeps all your information safe and secure.
Having access to all your records and data when and where it is needed can lead to better business decisions. Improved accounting allows for better analysis of your finances. Mobile property management software gives you access to all aspects of your business wherever you are.
Ready to make the best investment for your business? See how Property Matrix can help.