Tips for Choosing the Best Commercial Property Management Software

Tips for Choosing the Best Commercial Property Management Software
Covid has changed the ways property management companies do business. As part of this transformation, technology plays a big role on how properties will be managed in the future.
When shopping around for a new property management software, these are the "must-have" features to look for:
  • To be extremely easy to use by all the users (property managers, tenants, landlords, admin, operations)
  • Privacy - possibility to choose the location of the server where the information will be stored
  • To have a responsive design - accessible from any devices such as laptops, tablets, phone?
  • Cloud Based solution
  • Possibility to easily customize the software (add specific fields and functionalities)
  • Capability to handle any size portfolio - small, medium, large
  • Tenant Portal - allow the tenants to submit building requests on-line
  • Vendor Portal - allow vendors to view, close, submit work orders, POs, files
  • Purchase orders
  • Maintenance planning - automation of the maintenance process and notification to all parties (building operations, contractors)
  • Work Orders
  • Property Inspections
  • Contacts management
  • Environmental management
  • Risk Management
  • Compliance and insurance tracking
  • Vendor management
  • Capital planning
  • Memos & newsletters - possibility to automatically send notifications to tenants
  • File management - organize and view drawings, plans and all other relevant documents
  • Project Management
  • Bid Management
  • Analytics and Reporting
  • Integration with your financial software

Before deciding:
  •  Ask the software provider if you can try the solution for few months
  •  Test the software in real-world by using it in 3-4 buildings
  •  Ask feedback from all the users during the trial period
To greatly improve the business, a property management company must run only 2 systems for their business - one software for accounting and another one for operations. 
Our solutions have been designed by real estate professionals based on their real life experience of the industry.
Let us transform and digitize your real estate business.
eProp Property Experts
Moving forward, together

(0) Comments:

This article has no comments. Be the first to leave a comment!

Leave a Reply