Property Management Software - Key Features You Need

In today’s fast paced world, property managers across the globe are looking for ways to facilitate, enhance and grow their business with the aid of online management systems. These applications offer functionality designed to ease the management of multiple units and can provide features that can drastically decrease the manual labor for day-to-day activities. As the market is flooded with numerous software solutions, business owners may have a hard time deciding which product to purchase. To help you in your search we’ve prepared a list of the key features your online property management software should include. Read through to learn more.

Accounting module

This goes without saying. Your chosen application must offer comprehensive features for tracking, receiving and initiating payments. With a payment module your tenants can submit their payments from their homes, which will reduce the risk of rent arrears.

Email correspondence module

Another must have as you will need to communication with landlords and tenants on a daily basis. Quite handy, this feature will also be useful when you want to send reminders and notices. Besides that, the modules should also offer the ability to create email templates so that you can send mass emails to all your clients if you want to prompt them about something urgent or important.

Reservations module

This feature will be extremely useful if you are also managing holiday rental
can check available rooms and dates. Vacancy calendars make phone calls obsolete as customers won’t need to contact you directly to check such details.

Online presence and search engine optimization

Although not offered by many, website creation and SEO modules can help you widen your client reach and make your property advertising campaigns much more successful. For instance, Vivaresa, a holiday rentals software, offers a content management system where you can create multiple websites for each of your property, optimize their presence in search engines and synchronize newly published property information with various other portals such as Widmu, Booking.com, 9Flats, AirBnB, HouseTrip, Holiday Velvet and many others.

Support, security and back-ups

Besides useful features, your software should come with 24/7 support for technical related issues. This is essential as even the most reliable and stable application may experience technical problems. Make sure to also check if the provider performs back-ups for lost data. Last but not least, confirm that the product will be secured with firewalls so that only authorized users will have access to your information.