Accounts payable (AP) is often seen as an annoyance, contributing an endless stream of tasks to your to-do list. However, done right, AP can be a strength and competitive differentiator for management companies. A strong AP function is a boon to your relationships with boards and vendors.
Read StoryIn this article, we explore the 4 things to consider to optimally manage amenities and shared facilities in a condo.
Read StoryWhen software produces the opposite effect of injecting efficiency, saving time and freeing up resources, then it's a clear indication that you need to ask the question about whether you're using the right software for your condo management operations. The following three points are tell-tale signs you're due to strongly consider other software options or better yet, switch or upgrade software tools as soon as possible.
Read StoryOne of the most important responsibilities of a property manager of condos is to address service requests/work orders submitted by residents. The first step is to recognize what the common service requests are. We present to you four of the most common requests.
Read StoryWith so much happening and so many people involved, it is often easy to stumble and make a mistake here and there. While we're all human and mistakes do happen, there are certain faux pas that should be avoided for a property manager to maintain standing as a good one. Here are 6 of the most common faux pas for condo managers to avoid.
Read StoryWhat exactly factors into condo fees, what do you get for that monthly fee and why does it keep going up over time? In this post, we look to demystify some of the concepts surrounding condo fees.
Read StoryWhether you're a self-managed corporation or one that has hired a management company, it is always a good idea to understand the basics in order to ensure the well-being of your corporation. In this post, we cover the basics of bookkeeping and accounting for condos.
Read Story