Accounting

Let’s wrap up 2021 with this free one-hour webinar dedicated to preparing for your community association’s year-end audit. Our VP of Financial Services Division, Vishnu Sharma, provides an overview of the community association industry, financial reporting requirements, and more! Here’s what you can expect to learn from this webinar: Community association industry overview Financial reporting […]

Many property managers are trying to find ways to increase their efficiency and save time. The best way they can do this is by implementing TOPS [ONE] into their business. Adopting the right property management software will simplify your daily operations from managing finances to engaging with homeowners and working with vendors. Let’s look at […]

The average annual percentage of labor productivity dropped between 2007 and 2019, coincidentally at the same time when the modern-day versions of smartphones rolled out. Did technology cause a massive drop in productivity? Technology can be a blessing or a curse to businesses. Still, it’s no secret that applying the right technology is an asset […]

If you are a property manager, we know it can be challenging to find time in your day to finish everything on your to-do list. All too often, we hear that there are just not enough hours in the day. But what if we told you there was a way to get more done, without […]

Community associations often face the problem of managing many invoices and payments. This process can quickly become overwhelming for a community, especially if they are not equipped with a professional invoicing system or the right people to manage it. From manual data entry to processing checks, communities could experience drastic improvements by simplifying their invoicing […]

Are You Ready to Prepare Your Community Association’s Annual Budget? It’s that time of year again. Join us while TOPS discusses the 10 pitfalls to avoid during budget season and how TOPS can assist you in developing your annual budget each year. FREE Download: 10 Pitfalls to Avoid During Budget Season In this PDF, Vishnu […]

Does this sound like a typical to-do list for your mornings? Follow-up with a third-party vendor for the fourth time this week about a roof leak Send an email blast to residents about a broken pool heater Review financial statements Prepare a budget In the day of “there’s a tool for that,” Property Managers typically integrate […]

How to Streamline Your HOA Financial Reporting The first step in streamlining anything is to clean up and get organized. HOA boards still working on spreadsheets or multiple systems are prone to face issues with incorrect data in their HOA financial reporting. Multiple users and many versions of similar files could be putting your association […]

Financial reporting for any aspect of community management relies heavily on the orchestration of all. Residents must make an effort to pay dues on time and communicate any issues they find on the premises. Administrative staff need to stay diligent to record the day-to-day activities from many sources like the mail, the drop box, email, […]

Changing the Way We Do Business in 2021 There are several big tech trends to look forward to in 2021, with automation being at the forefront. Automation is designed to make work easier by automatically generating information. For community managers, there are a lot of automation options when it comes to things like collections, accounting, […]