Online Property Management Software – A Modern Business Tool

Those who used the property management software may have already got acquainted with its various beneficial features. But if you still did not try online property management software then you are certainly missing the advanced benefits of the property management software. Online property management software comes with the typical features of a property management software tool. But apart from the traditional benefits the software has some additional benefits.

It features full general ledger accounting, budgeting, secure online payments and access for renters, property owners, board members and more. It is easy to use Online Property Management software. In order to use the software you will not have to buy, install, and maintain the hardware and software. All you need is an Internet connection and you are allowed to access Online Property Management software anywhere, anytime.

Online Property Management Software is a complete online property management system for any person or company that manages a property such as landlord, manager etc. The software will also make it easier to manage apartment complexes, duplexes, residential homes or vacation homes. Online property management software is usually available in two versions such as Property Manager Edition and Associated Edition which are designed for users with different needs.

Online property management software has several easy to use effective modules.

Tenant Maintenance

If you are a landlord or a property manager and run a rental property the module will help you much. It will make easy keep track of your tenants. With the help of this software module you will be able to quickly and easily manage a tenant’s account.

Here follows the key features of the tenant maintenance module. With the help of the module you will be able to keep track of:

Lease Renewal – view and renew tenant leases Service Request – accept service requests from tenants and generate work orders

  • Make Ready – track status of all repairs
  • Statement of Deposit – create a statement of deposit, with the click of a button
  • Move-In/Out – schedule move-ins and move-outs quickly and efficiently

The Leasing module

The leasing module of the software will help you control the complete leasing process from inquiry to application at the click of your mouse. You can have information automatically from the Internet or your company web page.
With it you can move data directly to the application and merge leasing information directly into your lease agreements. You can also View vacant inventory, market ready status and move-in date quickly and easily.

The Marketing module

With the help of the marketing module of online property management software you will be able to generate the right prospective tenants for your residential community by marketing your property on the Internet. With it you can upload your property vacancies directly to the Internet for free search and capture prospect information electronically from your community web site.

Accounting Module

Online property management software will also help you process all tenant accounting transactions easily. It contains useful tenant accounting tools:

Key features

The main features of the online accounting module of a full-featured online property management software are listed below.

  • Process rent and security deposit payments
  • Generate utility billings
  • Track receivables and tenant balances
  • Accept electronic rent payments from residents online and automatically update the correct ledgers when you receive those payments
  • Issue credits and refunds, quickly and easily
  • Automatically bill late rental fees to your tenants
  • Process NSF checks and bill NSF fees

So, take online property management software help and make your job easier and save you time and money.