CustomBooks™ Supports the Growth of Property Management Companies

January 26, 2023

Supports the Growth of Your Property Management Company with a Solid Accounting Software Foundation

Reliable rental property management accounting software is a fundamental need for business owners in this industry (and the accountants who work with them). While some popular small business accounting software can be ideal at the start-up stage of a  company, there often comes a time when a more robust and comprehensive solution is necessary to avoid serious growing pains. To avoid this situation, many property management accounting professionals have turned to CustomBooks™.

While many entry-level accounting software platforms have the initial capacity to be used for managing rental property accounting transactions, when accounting becomes more complex with multiple companies, organization-specific needs, and large volumes of customers, tenants as sub-customers, and intricate classes of transactions, rental and property management businesses often need to advance to an alternative accounting solution such as CustomBooks™.

Has your property management business outgrown your current accounting software?

CustomBooks™ is built to be one of the best alternative accounting platforms for property management businesses. This is because CustomBooks™5cx6 is a comprehensive accounting solution that can be completely customized to the needs of your property management company. Even as your business expands, you will have all of the tools you need to manage multiple small rental entities, or large organizations with complex business arrangements. You will have a solid accounting software foundation from which to serve their needs seamlessly and cost-effectively including:

  • Pricing that is affordable and consistent to eliminate the stress of continual price increases.
  • Better automation features to increase efficiency.
  • Simplicity of having one suite versus multiple disparate applications.
  • Enhanced receiving and reporting functionality, finding a solution with better back-end support
  • They are perfect for firms with clients who have outgrown solutions such as Xero, QuickBooks Online, or QuickBooks Desktop.
  • The lack of support received from their existing accounting software provider as well as not feeling valued as a partner.

When you consider the limitations of using entry-level software for growing property management businesses, combined with the need to streamline accounting workflows to minimize overhead related to back office systems and staff, it becomes clear that the more advantageous route is to use an integrated accounting software solution.

A platform such as CustomBooks™ can deliver the functionality, ongoing support, and upgrades necessary to keep your entity’s financial information organized, accurate, and easily accessible. Plus the CustomBooks™ platform makes it easy to access all of the key metrics you need to truly manage your rental property business.

Start building a solid foundation for your property management company now with a Free Trial of CustomBooks™.

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