what serious benefits can property managers n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
What Serious Benefits can Property Managers expect from Deploying Next Generation Cloud Based Property Management Accoun PowerPoint Presentation
Download Presentation
What Serious Benefits can Property Managers expect from Deploying Next Generation Cloud Based Property Management Accoun

Loading in 2 Seconds...

play fullscreen
1 / 2

What Serious Benefits can Property Managers expect from Deploying Next Generation Cloud Based Property Management Accoun - PowerPoint PPT Presentation


  • 1 Views
  • Uploaded on

Property management companies have come to realize that modern, cloud ERP solutions can tremendously improve the bottom-line. And there are numerous other benefits. Success stories abound where property management companies have deployed cloud ERP solutions and reaped the benefits.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'What Serious Benefits can Property Managers expect from Deploying Next Generation Cloud Based Property Management Accoun' - trishawilson


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
what serious benefits can property managers

What Serious Benefits can Property Managers expect from

Deploying Next Generation Cloud Based Property Management

Accounting System?

Rupsha Dasgupta

Property management companies have come to realize that modern, cloud ERP solutions can

tremendously improve the bottom-line. And there are numerous other benefits. Success stories abound

where property management companies have deployed cloud ERP solutions and reaped the benefits.

What are some of the benefits?

Mobility: Cloud based property management solutions eliminate the requirement to be on-site to

access critical business information. As Erick Martinez, founder and CEO of True Service New York says,

“Property managers are always on the go, and in this modern age we need something that moves along

with us”. This need motivated True Service New York, (condominium and rental properties Management

Company) to deploy Acumatica powered property management system. The outcome has been easy

access to data from cell phones and laptops.

Security: Cloud based accounting software for property management minimizes the risk of data loss.

Since information is stored in the cloud, chances of damage to data files are minimal. Access can also be

controlled depending on the requirements of the company.

Increase in operational Efficiency: Most cloud ERP software is equipped with features that greatly

enhance operational efficiency. For instance Acumatica powered Imperium property management

solution incorporates work order management in addition to traditional lease and accounting

functionality. Moreover, it is fully integrated to accommodate other software products. All this means

significant improvements in operational efficiency.

Flexibility: One key advantage of cloud based property management accounting software is flexibility.

Imperium powered by Acumatica can be easily scaled to accommodate new requirements as your

business grows new features and functionalities

business grows. New features and functionalities can be incorporated as suits your growing business

needs.

Reduction in Operational Costs: When managing multiple properties, errors are almost always

inevitable if data has to be entered manually. An efficient ERP system can significantly minimize

unavoidable errors due to manual entries. So, you can better manage and analyze your data using one

central system.

Most importantly, you can benefit from reducing overhead costs. Your cloud ERP system would be

completely capable of replacing personnel across units. Thus, driving profits further.

What Functionalities Can Be Achieved?

A robust property management ERP solution is able to handle your accounting as well as administrative

needs. Following are some of the typical functionalities that could be easily achieved with ERP software:

1. Accounts Payable including check writing, vendor/supplier database management, aging & standard

reports.

2. Accounts Receivable

3. General Ledger that includes cash accounting, chart of accounts customization, income statement &

balance sheet reports, cash flow reporting, multi-entity accounting.

4. Core property management needs such as property-centric financial reporting, property owner-based

reporting, property vacancy posting management, tenant application management, tenant screening,

tenant and owner portal

5. Work order issuance, onsite service based work order management.

About Advanced Solutions and Consulting, Co. (ASC)

Based in San Diego, Advanced Solutions and Consulting, Co. (ASC) has been in business since 1998

providing leading edge ERP solutions to the mid-market. ASC offers a wide range of services from

business process reengineering and custom development to on-time ERP implementation and ongoing

support. ASC is a founding member and leading Acumatica reseller. For more information visit Advanced

Solutions Consulting or call (877) 590-4ERP or email us at sales@solutionsco.com.