Mike Bollinger

hoa accounting software

Excel vs. HOA Accounting Software to Manage Your HOA

If your association is considering the switch to using HOA accounting software, it’s important to compare this to other common HOA management tools. Generally, self managed HOAs who don’t use HOA software end up wasting time and energy switching between different outdated tools to accomplish different tasks. Whereas, HOA software lets you streamline a variety …

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HOA community management

Closing out 2021 Successfully: End of Year Tasks and Closing the Books

The holidays are a time for loved ones, not hunching over accounting ledgers like a Charles Dickens character. Yet good HOA community management practices include certain year-end accounting tasks, such as processing financial documents, reconciling accounts, and balancing your ledger. All of this is important and can impact your association’s finances in the new year …

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accounting software for homeowners association

Volunteer-Friendly Accounting Software For Homeowners Associations

For self managed HOAs, tackling complex accounting tasks may at first seem daunting to a volunteer treasurer. Managing a community’s finances places a lot of power and responsibility in your hands. The good news is that as technology continues to evolve, software tools have grown more capable than ever at streamlining and automating even the …

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hoa management software

Sticker Shock — What Property Management Companies Really Cost

Is your association considering the switch to a self managed HOA? Are you interested in HOA management software but hesitant to make the transition? For board members who have a familiar system in place and worry about the time and effort of taking on more community responsibilities, weighing the challenges and benefits of self management …

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self managed hoa

Self Management 101: 10 Questions Your Governing Documents Should Answer

Every successful homeowners association has one thing in common: how well they understand and follow their governing documents. For a self managed HOA, these documents play a critical role in the daily decisions made in managing a community. The main documents governing an HOA and its residents include: ·        Covenants, Conditions, & …

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HOA Management Accounting Software

Budget Better with HOA Management Accounting Software

HOA management accounting software can help improve digital collection rates, boost revenue, and provide analytical insights that lead to better financial decisions for communities. One major benefit of switching to HOA accounting software is that self-managed associations can forgo hiring a third-party property manager—with a potential savings of tens of thousands of dollars in unit …

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HOA Accounting Software Can Increase Revenue

Here’s How HOA Accounting Software Can Increase Revenue

Those who’ve managed finances are familiar with the concept that time equals money. It has become a cliché in the business world, yet it proves that some clichés persist because they’re true. As any CEO will attest, ineffective time management and poor productivity inevitably lead to ballooning costs and lost revenue. On the other hand, …

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