Property Management software: What should you be thinking?

Industry Insight October 23rd, 2017
Property Management software: What should you be thinking?

When it comes to property management software, there is a lot to think about. There are so many different systems, all doing different things, where do you even start?

ImprovementCloud property management

When you look at a system, you must first ask yourself is, how is this going to improve my current situation? Property management software is there to make your life easier, not harder. By investing in technology, you should be saving yourself time on a daily basis thus allowing you to spend time growing your business. There are so many different systems out there, sometimes it can be difficult to see the wood for the trees. You need to consider your business needs, does the software cater to them? If not, you may end up trying to shoehorn yourself into a system that doesn’t fit your needs.

Integration

With so many different software’s out there, it is   very rare to find an  organisation that doesn’t have at least several different software’s integral to their day-to-day business. That is why it is important to find a software that will either make those software’s redundant or will talk to them. By integrating with them, your property management software will be making your life easier.

Flexibility

The world of property management is fast paced   and stressful at the best of times. One moment you will be ensuring a new tenant signs their contract in time, the next you will be dealing with an exploded pipe. Each new task needs different bits of information. Therefore, it makes sense that all the information you need can be in the palm of your hand. You need to make sure the software you choose is as flexible as you have to be.

Protection

In an age where some of the biggest threats come from online sources, it is important that you ensure your data is protected. Make sure to find out what processes they have in place both internally and externally.

Cost

Is the software cost effective for your business? It’s all well and good getting a software with all the the bells and whistles on it, but do you actually need that for your business? Or can you get  slightly cheaper version, giving you enough functionality to complete your processes right now? Are you able to upgrade at a later date, allowing the software to grow with you?

 

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