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August 19, 2019

Solutions for Property Management Operations

propmngtEliminate Silos

Property management software has long served the accounting and financial management departments of commercial real estate firms quite well. Meanwhile, Property managers and supervisors have been left to their own devices when it comes to monitoring the operations side of real estate property management. Typically, property managers and supervisors rely on Microsoft Outlook, Excel and Word in order to track the information they need to effectively manage their properties. The challenge is that the use of these systems creates silos in users’ workflows, effectively cutting them off from other accounting and financial systems. These disparate systems effectively limit the information managers and supervisors have access to, and force them to spend more time chasing down critical data.

Connect Business Operations with Accounting and Financial Management Teams

One way to eliminate these silos is to deploy an integrated platform that connects business operations with accounting and financial management teams. Imagine a property manager with access to tenant balances, lease information, lease documents, work orders, lease options, tenant contacts and communications in one place, or the financial department being able to view service vendors and agreements, tenant contacts and communications from a single portal. Imagine your entire organization using one system to manage business relationships more efficiently by eliminating silos between departments.

That level of interoperability is a reality with solutions from LightBridge360 and United Solutions. With the availability of CRM4CRE Property Management Operations, property management teams can now integrate the information contained in their Sage 300 CRE accounting and property management system into Sage CRM. With all of this information at the fingertips of every team member, empowering your operations staff with the tools and information they need to be more effective has never been easier. In addition, accounting and finance teams now have a tool that will make their lives easier and keep them more up-to-date on the status of their properties.

Is CRM4CRE right for Your Business?

If you want to know if CRM4CRE is right for your organization, take the quick survey below to learn more.

  1. Do your property managers or supervisors have access to Sage 300 CRE?
  2. Do those property managers keep separate worksheets or documents for any of the following:
    1. Tenant insurance policies and dates
    2. Property real estate tax history
    3. Lease expiration dates
    4. Lease option dates
    5. Rent rolls
    6. Lease step ups
    7. Property loan information
    8. Property related service contracts
    9. Property insurance policy and dates
  3. Do PMs use MS Word to create letters and tenant correspondence?
  4. Do PMs use MS Outlook contacts to manage the contact information and email addresses of tenants?
  5. Do you print out and file all the emails and correspondence that are sent or received by tenants?
  6. Do PMs have a digital or physical copy of all the leases for a property?
  7. Do PMs have digital plans or photos of Properties?
  8. Do PMs track potential new lease information in Word or Excel?

If you have answered yes to any of these questions, the CRM4CRE solution can help you improve workflows and streamline day-to-day operations.

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