Why should homeowners associations start using an HOA management software during COVID-19? Given the state of the world right now, there are many reasons. The Rise of HOA Management Software During COVID-19 Before the coronavirus pandemic hit, many homeowners associations relied on traditional processes or the help of a management company for their day-to-day…
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Managing the finances of a community can be taxing, and bank reconciliation is one of the more tedious tasks associated with that. Discover the process of reconciling your bank statements and how an HOA management software can help. Understanding the Bank Reconciliation Definition What is a bank reconciliation? To put it simply, bank reconciliation is…
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Just like any organization, homeowners associations are no stranger to bad debt. When homeowners fail to pay their dues on time, it results in delinquencies. But, did you know that management software can help you with HOA delinquent accounts? What an Increase in HOA Delinquent Accounts Means for Your Community A homeowners association is responsible…
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“How do I pay my HOA fees?” Homeowners often ask this question, but many HOAs only offer the same traditional method. But, there are a few different payment methods for HOA dues that associations can start adopting. Convenient Online Payment Methods for HOA Dues Many homeowners find difficulty with the current payment methods their HOA…
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HOA management software is a major investment for many associations. Board members often choose a program that fits their budget and resources. However, to make the most of this investment, it’s important to have features that will help your community become more productive and efficient. One such feature is customer support. Here’s why HOA management…
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Communication will always remain an essential part of managing a homeowners association. One of the ways HOA boards stay in touch with residents is through newsletters, though, it is now an outdated form of communication. Make the switch to an HOA email system to help improve communications within your community. Which HOA Email System…
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Automation makes HOA management easier. Streamlined processes, such as automatic invoicing, increases efficiency and reduces manual labor. However, there are still a lot of HOAs that use manual invoicing processes. If you want to determine which is best for your HOA, here’s what you need to know about manual invoicing vs automatic invoicing. What…
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Condominiums typically have strict decoration rules to preserve the aesthetics and property values of the association. But during the holiday season — where most homeowners want to express their holiday spirit — how should boards handle their condo decorations rules? Condo Decorations Rules: A Case Against Restrictive and Unfair Policies Those who live in…
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Although homeowners associations are non-profit organizations, they still earn money for the purpose of maintaining the community. Keep up with your HOA accounts receivable with the help of an association management software. What Are HOA Accounts Receivable? A homeowners association receives money from its members in the form of regular dues or fees. The…
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Managing commercial properties is no longer an easy task when done manually. Commercial property owners find themselves needing to adjust to an ever-evolving technological landscape. And, for that, you must turn to commercial property management software. Understanding Commercial Property Management Software The road to successful commercial property management is paved with many difficulties and…
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