Are you hoping to improve operations at your multifamily property in 2024? You may be surprised to learn about many new digital products that can complement your existing management efforts. If you aren’t currently utilizing a property management software, now may be the right time to explore different software options.
As you research various options, here are some key factors to consider when choosing a software solution for your property:
Usability is a major factor to consider when choosing a piece of software for your property. The best property management software consists of user-friendly platforms that can be used intuitively by your managers with minimal supervision and customer support. However, upon having the software installed, it’s important to select a vendor that offers ample onboarding and training resources in helping your property managers get up to speed with the new system. A comprehensive training will provide your staff with the guidance and oversight they need to leverage the software to its fullest potential.
With most types of software for property management being cloud-based, it’s critical to choose a program that provides optimal data security. Taking measures to ensure that your software protects sensitive information related to your staff, residents, and business overall, will be crucial for preventing leaks that could expose individuals involved with your property. As you choose a software, be sure to ask vendors how data is stored and backed up, as well as the vendor’s data recovery procedures. Having this information ahead of time will give you peace of mind that your company’s data is not at risk of being compromised.
No matter how appealing a certain type of software may seem, never discount the importance of customer service! When vetting software options, there are many questions you should ask regarding the vendor’s customer service. For example, when a technical issue needs to be resolved or a new feature is added, knowing what you can expect from the company’s support team can make all the difference. Make it a priority to find a vendor that provides on-demand support for all users and is responsive to all inquiries and concerns.
By considering the factors above, you can choose a property management software that allows your managers to reach their goals and function more efficiently.
Are you in the process of growing your multifamily property team? Contact with The Liberty Group, a national executive search firm based in Houston, Texas, and learn about our proven staffing solutions!