Managing small business properties does not equate to small responsibilities. It entails a lengthy list of daily tasks that you need to do. Considering you are here, you are probably familiar with that. That said, why stress yourself out daily when there is a better alternative? Start your digital transformation today and automate repetitive tasks by taking advantage of small business property management software.
20+ Small Business Property Management Software
1. Buildium
2. Easy Storage Solutions
3. ResMan
4. Hippo CMMS
5. Rentec Direct
6. Innago
7. Guesty
8. WebRezPro
9. OwnerRez
10. Rent Manager
11. Hotelogix
12. Smoobu
13. PayHOA
14. Property Vista
15. Condo Control
16. Re-Leased
17. TenantCloud
18. DoorLoop
19. SimplifyEm
20. RealPage
21. Total Management
What Is Small Business Property Management Software?
Small business property management is a digital solution developed to assist property managers and landlords with their daily leasing operations. It offers a centralized interface that integrates various controls for business processes in a single platform. Also, this software allows you to generate a portal where you can provide your clients with the information and documents they need. To manage your cash flow, you can also access multiple payment processing gateways and financial management functionalities.
This property management system also has digital tools for tracking maintenance requests and other assignment management tasks. In addition, this software streamlines the collection of data analytics and other metrics and turns them into comprehensive visual reports.
Benefits
When you utilize this software, you can simplify complex processes and provide seamless transactions. Also, it can help you reduce your workload and allows you to cut the needed budget for your property management activities. In addition, this program proves helpful for your customer management tasks making way for better customer satisfaction.
Features
You cannot just go ahead and choose whichever digital solution you want from the software market. To end up with the software most suited for your small business, you should analyze your needs and understand your business standing. That said, compare your options and filter them carefully. One helpful tip is to study the services they can provide your business and opt for the software with functionalities that align with your objectives. Here is a list of essential features you should take into consideration for your deliberation:
- Integrated accounting software
- CRM system
- Maintenance tracking tools
- Customer portals
- Financial reporting capabilities
- Contract management functionalities
- Convenient billing and invoicing methods
- Third party-application software
Top 10 Small Business Property Management Software
1. Yardi Voyager
Portfolio management and late fee calculation tools are examples of features you can use in Yardi Voyager. They have 1 billion dollars in revenue and have employed 6,000 people.
2. AppFolio
Utility management tools and accounting functionalities are available in this software. They have 916 employees and have a generated revenue of 324.5 million dollars.
3. Buildium
In this software, you can access event management and financial management controls. They have 330 employees in their team and have 69 million dollars in generated revenue.
4. Rent Manager
In this digital solution, you can streamline rent tracking and convenient billing and invoicing methods. They have 38 million dollars in generated revenue and have 200 people on their team.
5. Hotelogix
When you utilize this software, you can use an online booking engine and a POS system. They have 28 million dollars in generated revenue and have 155 employees.
6. Smoobu
Smoobu provides its users with employee management and guest experience management functionalities. They employed 17 people to work for them and have generated a revenue of 4.3 million dollars.
7. Hemlane
Hemlane has rent tracking and contact management capabilities. They have a generated revenue of 3.5 million dollars and have 35 employees working for them.
8. Condo Control Central
This software offers lease management and document management tools to its users. They have 22 people in their team and have 3.2 million dollars in generated revenue.
9. Innago
This software allows its users to utilize a property database and online payment gateways. Innago has six employees working for them and has 900 thousand dollars in generated revenue.
10. DoorLoop
This real estate management solution offers services to landlords, property owners, property managers, and investors. It provides tools for financial management and calendar management.
FAQs
What are the processes in property management?
Property management is the practice of overseeing administrative tasks and other operations involved in managing various properties. Overall, the activities in property management focus on maintaining the properties and keeping the business running. It involves the tasks of screening tenants and collecting rents. Also, property management includes ensuring compliance with laws and regulations.
What are the responsibilities of a property manager?
Despite having a similar job position, the responsibilities of property managers may differ from one another. Although, their job description contains prime responsibilities that most property managers follow. These tasks include expense management, business planning, and complaint management. Also, maintaining and expanding the customer pool through employing customer relationship management methods and marketing strategies are part of the job.
What is a commercial property?
Commercial properties refer to land or establishments used for generating profit. There are several categories of commercial properties such as hotels, industrial buildings, offices, and large residential properties for multi-families. Also, there are those properties that fall under small businesses such as restaurants and retail stores. In addition, there are commercial properties built for specific purposes.
Maintaining the facility while simultaneously building customer relationships and managing cash-related activities puts too much weight on your shoulders. That said, expand the size of your symbolical plate with the right digital solution at your disposal. Doing so will help you take in more clients without having to worry about a demanding workload. Manage your small business and boost its growth by downloading the best small business property management software for you.
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