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Property management accounting software offers a number of features that typical accounting systems do not. In addition to financial reporting and payroll, these programs will integrate industry-specific information about vacancies, units, tenants and property maintenance into the real estate software.
1. Oncite
OnCite is a cloud-based property management solution that helps businesses tracks and organizes information relating to their portfolios, properties and assets. The solution is designed for large and midsize property managers and serves a variety of properties including corporate, medical, industrial and others. OnCite offers contact management feature that helps users to link tenants to their lease abstracts and properties. The solution also provides a dashboard that allows users to view open work orders, expiring leases, vacant properties and due notices.
2. Buildium
Buildium is a cloud-based property management software that enables managers of residential and association properties to take control of every aspect of their business, whether in the office or fully remote, including online rent & payments, vacancy management, maintenance cycles, and accounting. Buildium streamlines the rent cycle with features like tenant and lease tracking, full general ledger accounting, automated rent and fee reminders and on-demand reports. For the property owner, rent collection can be automated; and propertymanagers can receive online payments via Buildium’s tenant portal.
3. Property Boulevard
Property Boulevard is a property management system designed for commercial and residential property portfolios. The system has management and accounting capabilities and provides access to multiple network users. The software offers multi- deployment option and can be deployed either as web-based or a windows application. The platform database covers multiple types of commercial and residential properties including retail, industrial and mixed-use commercial properties as well as homeowners associations and Section 8, single-house and multi-unit residential properties. Property Boulevard fits the needs of large, mid-sized, and small firms, and can scale to adapt to changes in organization size. Users of Property Boulevard can leverage the system to manage their properties, organize rent collection processes, pay bills, and distribute legal notices. Configuration options include a single computer, multiple computers in a local network, and multiple users connected in an online network.
4. Rent Manager
Rent Manager is award-winning property management software built for residential, commercial, and short-term-stay portfolios of any size. The program’s fully customizable features include a double-entry accounting system, maintenance management/scheduling, marketing integration, mobile applications, more than 450 insightful reports, and an API that integrates with the best PropTech providers on the market. Powerful enough to support large portfolios, yet flexible enough to be customized to each individual unit, Rent Manager is for companies—global enterprises and mom-and-pops—that manage all varieties of properties.
5. Appfolio Property Manager
Run your entire portfolio on one modern platform. AppFolio’s intuitive and user-friendly experience gives your property management team the tools they need to provide excellent service to residents and owners. Whether you manage multifamily apartment complexes, single-family homes, or community associations, our software has everything you need to streamline and grow your business. Feature highlights: Self-service online owner and renter portals, online applications and leases, online payments, built-in screening, maintenance requests, mobile inspections, bulk text messaging, accounting and reporting, and a seamless mobile app experience. Also includes: property listings management, cash flow management, landlord insurance tracking, automatic bill posting, paperless work order generation, report customization, and more.
6. PropertyBoss
PropertyBoss is a property management solution for mid-sized to large property managers. The software caters to managers of affordable housing units, apartment complexes, manufactured housing, military housing, residential, self-storage, senior housing, university and student housing and more. PropertyBoss is offered as a web-based or on-premise solution, and is Mac and PC compatible. Features offered within PropertyBoss include property accounting, tenant and lease tracking, budgeting and forecasting and building maintenance. Accounting features include general ledger, accounts payable, gain and loss analysis and more. Tenant and lease tracking features include online payments, vacancy planning, resident screening, unit features and more. Users can utilize the building maintenance features including work orders, inventory and task tracking, schedule prioritizing and more to manage their property's maintenance needs.
7. SKYLINE
SKYLINE from SS&C Technologies is a web-based property management and accounting solution suitable for small to midsize real-estate firms. Designed to handle an array or key operations, SKYLINE is capable of offering integrated tools for property management, accounting, tenant and lease management, financial reporting, maintenance scheduling and work order management. Key features in SKYLINE include a real-time reporting dashboard which allows users to review and assess the performance and operations of all properties from a single screen, an integrated stacking plan which provides color-coded details down to the unit level.
8. RentMaster
RentMaster is a rental management software designed to help businesses manage stocks, pickups, deliveries, orders and customer communications. The platform enables managers to track real-time product availability and define categories as well as subcategories to organize the inventory. Administrators can maintain a searchable customer database and set up personalized order status values such as reserved, received, shipped, canceled and more. RentMaster allows teams to set up personalized order discounts, payment methods and delivery types on a unified interface. Additionally, supervisors can utilize the filter functionality to sort rental, sales and other statistics based on date and time.
9. Rentec Direct
Rentec Direct serves as a web-based, full-featured management system for landlords and property managers that is designed to suit the needs of those managing properties between 25 and 5,000 units. Rentec has no startup fees, no term commitments, and includes unlimited US-based customer service and training. Key features of Rentec Direct include general ledger accounting and financial reporting with optional Quickbooks synchronization; online portals for tenants and owners; a custom website and website hosting to promote your company and properties online; tracking of work orders; automated ACH and credit card payment processing; syndication of vacancy listings; online rental applications; electronic signatures with DocuSign; electronic 1099 filing; utility billing integration; and tenant background screening for credit, criminal, and eviction records.
10. Total Management
Total Management is a cloud-based property management solution suitable for midsize to large organizations that manage apartments, mixed portfolio, REITs and commercial or retail space. Total Management helps users multitask by navigating multiple screens in a single web browser without using tabs, similar to the screens found in Quickbooks. Users can work on multiple windows at the same time and hit the save button in one window, without losing any unsaved work in any other windows. The solution offers the ability to navigate within the system based on a user's own preference.
UK properties accountancy software platforms needed!