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7 Circumstances in Which You Need to Say Goodbye to Excel for Your Property
Management
Everybody likes stability... BUT the time comes when you need to change, to improve...
One day you realise that your business is growing and getting more complex
And the question arise:
“Should we keep managing our properties with Excel, or is it time to switch to a more complex property-
management software system?”
How do you know?
Here are 7 circumstances showing you that it is time to
say goodbye…
1. Increased scope of operations. Is your Excel able to help manage hundreds or thousands of lease units and tenants, link accounting to other business operations and
produce reports at a glance?
2. One person knows it all.Can you imagine how hard it can be for a new employee
to learn everything about different Excel files, know where different information is placed and who owns which data if
there is no one to teach it?
3. Integration.
If your systems do not interact with each other, a lot of manual work is required to duplicate the information needed. Do you
think there are more or less chances of missing some numbers and lines in a double
or triple data-entry scenario?
4. Customization.When you need to add a new feature or modify an existing feature in your Excel, you need to
change and check every cell used, or which has a connection to some other cells…
5. You need to manage several companies.
Do you run a business with several unique legal entities which use different Excels?
6. Data storing.Do you need to get results from tons of
spreadsheets that are somehow connected to each other, but you don’t know how?
7. Accessibility.
Yes, your smartphone may open the Excel workbook,
but is it easy to use?
Buying new property-management software might look like an expensive project…
Though the gains from increased efficiency and improved operations are a good long-term
investment.
Cloud based property management systems like
Cloud.Soft4RealEstate.com usually do not require large upfront investments, but
significantly helps to increase your business efficiency!
Is it the time to think about breaking free from Excel’s embrace, and start focusing on your profit growing decisions rather than on
technological challenges?
If you need more details on the circumstances read the entire article
“7 Circumstances in Which You Need to Say Goodbye to Excel for Your Property
Management”
Read the Article
Life changes fast so let’s use the best it can bring. Even if
technologies still trigger many doubts, you are able to choose
expenditure models and functions that are more important for your business. It is good to know there
are more options to use the best-in-breed technologies, not investing
too much.
Soft4RealEstate can be deployed both in
cloud and on-premise. Whatever is better for
your company.
