7 BENEFITS YOUR PROPERTY MANAGEMENT SOFTWARE SHOULD BE PROVIDING Switching to a next-generation property management platform is a big decision. It’s about more than keeping up with the times — it’s about optimizing your business for growth, efficiency, and profitability. Here’s what you can expect from a modern PMS (with Revela software as our example):
Intuitive and User-Friendly Interface: Next-gen platforms prioritize ease of use, allowing you and your team to get up to speed quickly without extensive training.
Fast and Reliable Customer Support: Modern PropTech companies understand the importance of timely assistance. Every Revela user gets a designated Customer Success Representative who is based in Detroit, Michigan. Seamless Integrations and API Access: Unlike traditional PMS platforms that operate in silos, modern systems integrate effortlessly with third-party tools. For example, Revela is the only property management software with a fully open API, making it easy to connect with other essential tools in your workflow. Scalability for Growth: As your portfolio expands, your property management system should keep up. Next-gen platforms handle growth seamlessly, providing consistent support whether you manage 100 units or 10,000. Data-Driven Insights for Smarter Decision-Making: AI-powered analytics give you real-time insights into property performance, maintenance needs, and tenant behavior. Instead of reacting to problems, you can proactively optimize operations, reduce costs, and maximize profitability. Automated Rent Collection and Delinquency Management: Forget chasing down late payments. AI-powered automation ensures rent is collected efficiently and reminders are sent through multiple channels (email, text, phone calls, and even mailed notices). One property operator using Revela boosted their rent collection rate from 80% to 96.5%, all while saving $140,000 annually by avoiding the need to hire additional accounts receivable staff. Enterprise-Grade Accounting Without the Hassle: Managing financials doesn’t have to be a headache. Modern platforms offer automated payables, real-time reporting, and pre-set approval workflows to simplify bookkeeping and reduce errors. With Revela’s proprietary accounting system, property managers and investors can track all receivables, payables, fees, markups, and rental income — all in one place.
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