Tailor made
Researching, testing and implementing a company-wide software system to manage rental properties is a daunting task. To make matters worse, it’s a decision that can’t easily be undone.
How we helped them
-
How we helped them -
Highland Holdings in Louisiana had acquired a bulk of rental units in a short time-span and needed to scale their existing Excel and Quickbooks based mode of operation.
Their initial plan gravitated towards purchasing a singular “does-it-all” property management system. Unfortunately, “does-it-all” also translates into “one-size-fits-all”, and in turn brings about “feature bloat”, and finally “extensive training required”.
Challenge
The cost analysis of implementing such an off-the-shelf system was excessive. Even more excessive was the cost of administrative hours needed to simply keep the system functioning. True, these are sophisticated software products, but nonetheless fall victim to the adage - garbage in, garbage out.
The Options?
Commit to one of the major property management software systems.
Try winging it by using simpler, quick and easy management systems.
Pay huge one-time development costs to build a tailor-made system.
With none of these sounding enticing, we presented Highland Holdings with option 4.
Solution
Build a flexible, nimble, yet powerful management platform by integrating best-of-breed software components that would be a tailor-made, perfect fit, for their business.
Up-front cost $0. Low monthly fee. Self-manage or we manage.
Built using existing procedures requiring almost no training.
Make changes within days to accommodate evolving business environment.
Mix-and-match components included:
Lease Tracker
Rent Payment System
Maintenance Tracker
Activity Logs
Bulk Communications
Vacancy / Make-ready
Photo Uploads
Document Management
