Property Management and Real Estate
Document management and automating work processes are critical to the success of property managers and real estate organizations.
Managers now require instant access to information and documents from anywhere to meet tenant demands and reguatory requirements.
A recent survey of property management companies reported that the number one issue is the rising amount of paperwork they have to deal with.
The top issues facing property management companies are:
- Increasing paperwork: keeping on top of bills and rental income
- Staying legal: keeping track of safety certificates and legal documents
Property management comes with the responsibility of managing not only the property itself but also involves the maintenance and administration of essential documents. These documents can include assessments, improvements, maintenance, tenant information, and so on. These types of documents can be easily lost or misplaced when in paper format. With document management and workflow software, all of this essential information can be stored in a secure repository ensuring quick and efficient retrieval from tablets and mobile devices while at the same time interface with core property management systems.
Document Management and Workflow Software can help manage:
- Tenant billing and payments
- Lease agreements
- Property repairs and engineering reports
- Building alterations and compliance requirements
- Property related information such as insurance, maintenance, and utilities
- Vacation properties and rentals
Paper-based processes related to property management can be costly. Eliminate these costs and manual processes using a electronic filing system where documents can be accessed in seconds thereby reducing costs and saving time.
Get automated reminders of contract renewal dates, put contracts into electronic workflow for review and approval, keep a detailed audit trail of every contract and lease revision and be more productive.