Finding the Right Property Management Software

1
Lockbox software

• Contact Information- https//pstezscan.com/
• Mail id- cparks_at_pstezscan.com,
• Address-23110 State Road 54 326 Lutz, FL
  33549, USA
• With the fast growth of technology, software has
  made many things more easygoing for property
  managers. Property managers already have a lot
  going on with their connections. The last thing
  they need to concern about is searching through
  their computer to find that one spreadsheet or a
  file folder to find that one vendor contract that
  can't seem to locate.
• While generic accounting programs have their
  place, they can be very onerous for managers.
  Searching through files and spreadsheets to get
  data wastes valuable time. Today, there are
  Lockbox software solutions in place to help
  managers streamline their daily activities and
  accounting operations. Having a software system
  like Lockbox Software is a MUST for any company
  to be able to maintain with their competition.
  There are several things to look at when looking
  for software.

2

• Accounting - this is a critical piece of the
  puzzle. The ideal accounting system will cohere
  to GAAP (Generally Accepted Accounting
  Principles) and the exercise of accrual
  accounting. The software must also be able to
  produce financial statements with comfort.
  Although many software programs offer
  alternatives for cash basis accounting, it's
  crucial to note that accruement is the only GAAP
  preferred method. Accrual accounting also extends
  many advantages to cash basis and allows
  homeowners connections to see the "bigger
  picture" when it comes to their financial health.
• Bank integration - Modern banking admits people
  to take advantage of ACH / Direct Debit and
  Lockbox software services. The ideal software
  will also support these characteristics to help
  your company automate the assets process. Does
  your accounting software adhere to NACHA
  standards and produce ACH files that can be
  transferred directly to your bank? Can your
  existing software support lockbox and download
  lockbox posting files from the bank?

3

• Management Activities - It's easy to get
  overpowered when trying to track infringements,
  maintenance issues, overdue accounts,
  architectural requests. These are all basic
  day-to-day tasks in the management industry, but
  it becomes very difficult when all of this
  information is spread across several spreadsheets
  and software programs. Your property management
  software solution must be able to support all of
  these functions easily and keep your information
  coordinated in a user friendly manner.
• User Friendliness - This is very significant for
  management companies. While there are many
  programs on the market today, many of them have a
  steep learning curve which understands into
  higher support costs and longer carrying out
  times. Some software companies demand their
  "specialists" to fly out for training and
  installation, all at the expense of the new
  client. Is your new system easy to setup? Is it
  comfortable to learn and also easy to use? You
  can also talk to your software company about all
  these questions and call for a demo trial of the
  software. If the demo appears complicated, the
  "real" version won't be any dissimilar.

4

• There are several factors that go into
  ascertaining the right software solution. It's
  significant to review your needs as a management
  company to decide the best fit. However, the four
  points above are very significant items to look
  at during your follow-up process.
• We at Pstezscan.com have been providing cutting
  edge technology solutions like Lockbox Software
  for management companies and homeowners
  associations from many years. With a background
  in information systems and extensive experience
  in the association management industry, our
  expertise has helped hundreds of management
  companies and self-managed associations implement
  cutting edge solutions for their offices.