When managing a single property, tracking expenses is relatively straightforward. But for property managers handling portfolios of five, ten, or even hundreds of units, it gets complicated quickly. Each property typically has its own vendors, service providers, utility bills, maintenance work, and...

Managing accounts payable (AP) can be a headache for property management companies juggling multiple vendors, tenants, and properties. Between chasing down approvals, tracking paper invoices, and ensuring timely payments, AP teams often spend more time putting out fires than focusing on strategic...

Managing property finances comes with its own set of challenges—from rent tracking and vendor payments to budget forecasting and financial reporting. Yet, many property managers continue to rely on outdated property management systems to handle these critical tasks.

Lease renewal rates play a critical role in the success of any property management business. A high renewal rate means steady rental income, fewer vacancies, and lower costs associated with finding new tenants. However, many landlords and property managers struggle with tenant retention and...

Vendor payment processing is a critical function in property management, ensuring that service providers, suppliers, and contractors receive timely and accurate payments. Property management companies rely on various vendors for maintenance, repairs, landscaping, security, and other essential...