Condo Management Software

What is condo management software?

Condo management software is technology designed specifically for self-managed homeowners associations (HOAs) and condo associations. It provides a suite of tools that assist in all aspects of community management, including: 

• Invoicing and collection
• Resident communication 
• Accounts payable and receivable 
• Third-party vendor management 
• Maintenance requests 
• Violation notices 

This unique software automates many of the core tasks and responsibilities board members encounter  on a regular basis. It also provides residents a digital platform to make payments, submit maintenance requests, and engage with the board and other community members.

Why is condo management software important?

Running a condo community can be a huge challenge for a self-managed HOA composed of part-time board members and volunteers. By automating recurring tasks, condo management software eliminates tedious administrative work and reduces the potential of manual errors. This allows the HOA to focus on more pressing, larger community issues.

Condo management software supports healthy communication between the board and residents, something that’s sometimes missing from many condo communities. Stronger outreach via email, text, and community message boards ensures everyone is on the same page and promotes a tighter relationship between an HOA and it’s residents.

Finally, software helps HOAs effectively manage their finances. Automated invoice and late fee tracking ensure all resident accounts are up to date. Intuitive budgeting tools make financial planning easy.

How can you use “condo management software” in a sentence?

The HOA’s new condo management software helped board members overhaul the collection of dues and invoicing process.