Property Management Made Simple
Pros
- I especially like the all-inclusive dashboard for accounting. Multiple tabs keep everything organized and accessible.
- Customized reports are extremely important. This software allows me to set my own parameters instead of forcing me to used canned reporting data.
- Real-time information allows me to always know what task is required next. It also helps me stay focused and never worry that I've forgotten something.
- The cloud-based software provides access from any location and device. Now I can spend less time behind my desk and more time in the field where I'm needed.
Cons
- I've found all aspects of this product to be exceptional for functionality, customization and flexibility. The only thing I've noticed is a limited range of easy-to-read background settings. There are 10 different themes, but all are blue and are a little difficult to read.
Return on Investment
- The Property Matrix property management software has had a positive impact for on-time tenant payments. Before implementing this program, I often had to visit each tenant to collect rent payments. With digital check scanning and EBT payments available, my tenants rarely miss a payment.
- Maintaining my accounting records through this software has improved my own efficiency and allows me to spend more time visiting tenants. I used to spend several hours a day doing data entry. I've now cut that time in half and can even record pertinent information from the road.
- I'm a better manager with this software and am gaining more respect from my tenants, vendors and owners. With important data at my fingertips, I'm equipped with critical information precisely when I need it. Now when an owner asks for details about a building, I can confidently relay the information without delay.
Other Software Used
QuickBooks Premier, Microsoft Access
