Property Management Made Simple
December 16, 2015
Property Management Made Simple
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with Property Matrix
As a manager of multiple apartment buildings, I've struggled to keep accounting details under control. Property Matrix software has proven extremely effective in reducing duplicate data entry with its intuitive dashboard. Single entries now populate multiple reporting systems to save me time and money while reducing mistakes. Customizable reports with powerful filtering components provide me with accurate, timely data required for owner updates.
As the sole owner managing multiple properties, time is in short supply. My business oversees everything from filling vacancies to rent collection to maintenance. The Property Matrix software has allowed me to focus on one task at a time without feeling overwhelmed by the volume of work.
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.
- 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.
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