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The key to any successful homeowners association is having a competent and dedicated board of directors. HOA board members are responsible for running their community and overseeing its legal and financial business. They are democratically elected by the HOA members and make decisions on their behalf. The exact workings of any HOA vary from association […]
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As a Homeowners Association Board Member, you have many responsibilities and duties regarding your residential community, and one of the most important among them is accountancy. Though your HOA is not profit-driven, the association still handles revenue and incurs expenses like any other business organization. It is, therefore, essential that you feel informed about the […]
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You’ve been using TOPS PRO and TOPS IQ for a while now and have noticed the advantages of having property management software to grow your organization. Your HOA members are more productive. Your budgets and vendor payouts are up to date. Your community has been thriving more than ever. In general, things are going well. […]
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Technology has the power to transform the way we do things. This is especially true for an online property management system, like TOPS [ONE]. Board members get access to real-time data about homeowners and their properties, vendors, accounts payable (AP), accounts receivable (AR), violations, and anything else they may want to know about the properties […]
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Accounts payable (AP) is the bane of every property manager’s existence. Every month, you have to process an assortment of mailed and emailed invoices from contractors and vendors, enter them into your software system, reconcile if necessary (which it always seems to be), pay them on time (or not)… and that’s just for one community! […]
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In a time when watches can tell us our heart rate, steps taken, calories burned, and other data points, it’s clear that people want to know more. They want details, not just the time (or the basics), and they want them now. So, do you think anyone wants less from their property management system website? […]
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A considerable part of a Property Manager’s job revolves around controlling expenses. Property maintenance, community visits, and homeowner communications all necessitate additional workforce and relevant costs. Each purchase and labor expense must be analyzed to ensure that the expenditures are not greater than the profit. Fortunately, we live in a time where technology is at […]
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Asking yourself if property management software is worth the cost? We have a hunch that once you realize how much you’ll reap in savings, you’ll be ready to make the investment. An ROI calculation can help you get an idea of how much you’ll save. ROI stands for return on investment, and it reveals whether […]
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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 […]
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Property management companies are busy! TOPS [ONE] alleviates time spent on most tasks. For example, a TOPS client saves 250 hours per month in community visits. Site visits that used to take two hours, now only take 45 minutes with the all-in-one property management solution. We get it…when it comes to change management, it can […]
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