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Property Management Systems: Which one are you using

Property Management Systems 
Property Management Systems

There are many types of property management systems available in the market and they vary from the old paper based to the modern cloud based systems. There is no such thing as best software instead it’s all a matter of personal preference. Below are given some with pros and cons of each.

1. Paper based
During old times everything was done on papers and once you are finished with the document it either goes into the file or into dustbin. Few merits of this method are:
• Computer related issues don’t affect here, such as crashing of hard drive.
• In most cases teams such as maintenance crew prefer paper over computer.

Demerits of this are
• To search CTRL+F cannot be used.
• Maintaining multiple copies of document is not possible
• Large amount of time can be wasted in finding single document.
• Why use paper when you don’t have to, to make things unnecessarily hard.

2. Rental Spreadsheets for Property Managers
Microsoft excel is an awesome tool which is used in nearly every profession. Few merits of this tool are:
• Easy to understand format
• Excel reduce paper clutter
• It is inexpensive
• Free alternative such as Google sheets and Open Office are available.

Demerits of this tool are:
• Lots of manual data entry is required
• For smart devices Excel app is available but it is not that easy to use as compared to computer based software.

3. Cloud based software
Cloud rental software is the most advance way to manage the rental properties and below are given some reasons in support of this:
• It is mobile friendly
• Accessible from anywhere
• Online rent payment options
• Records and documents can found easily
• Not so much expensive
• Being in cloud your data is protected if anything is to happen to your computer.
• Attract high-quality tenants.

Demerits of this tool are:
• Learning curve is involved
• Not free

No system is perfect and comes with its own disadvantages but except for cloud based system other two are just too much waste of time and efforts and cannot compete with the advance features of cloud based system.

To know more how SimplifyEm Property Management Software can help you, visit this link:

This post first appeared on Property Management Made Easy, please read the originial post: here

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Property Management Systems: Which one are you using


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