You’ve probably heard the CRE Tech buzz by this point, but maybe you still don’t get all the hoopla behind it. Can it really bring positive change to your operations? Or will trying to implement and drive adoption of a new technology just be another headache?
Enter Property Management software (aka building operations software). It’s one of the easiest ways to implement positive change quickly. A good system will be used and beloved by tenants, make your employees more efficient, and deliver data-driven intelligence that will give you the real time visibility to locate problems and make improvements quickly.
The Top 7 Reasons I’m Thankful for Property Management Software
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Operational Risk Management – I’m thankful I have a system (that’s much smarter than me) tracking our exposure to liability and loss by managing COIs, emergency pre-plans, and incident tracking. And boy am I thankful that I don’t have to dig for expiring and non-compliant COIs anymore- the software just alerts me!
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Tenant Service – It’s not just “work order management” any more. I’m thankful for the ability to set service delivery benchmarks, receive automatic notifications when we aren’t hitting targets, and for better visibility into tenant satisfaction.
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Visibility & Control – I’m thankful I don’t have to manage through a rear-view mirror anymore. The live insights captured with property management software mean I always know what’s going on in my building in real time. So, I can make quick adjustments and reduce the stress of putting out fires.
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Mobility & Online Access – I’m thankful for the freedom that comes from being able to work from anywhere. I do this by having all my documents, tasks, work orders, maintenance histories, tenant information and building data in the palm of my hand. Thank you BE-Mobile App!
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Data – Actionable data is everywhere. I’m thankful I can now work smarter, not harder. Our software captures and tracks everything happening in our building and churns out this data as immediate alerts and trend reports so we can make quicker decisions.
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Centralization – This is definitely the TOP thing I’m thankful for- finally saying goodbye to all the numerous systems we were using to do our job. We now have one system of record and it integrates everything we need from operational data, to accounting, to security, to energy management.
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Cost Efficiency – I’m thankful for being able to do more with less and reduce costs. Improved PM, better capital planning, less tenant turnover, a better accounting integration, and better COI and incident management are all results that have improved our bottom line.
Does this list ring true for you or your team? Would you like to learn more? Click below to get a free, custom demo of our all-in-one Property Management Software and learn how you can start seeing improvements today.
Trust me, you’ll thank yourself later!
