Property Management

The major business issue in property management is having access to property information and financial data to allow managers to make better, timelier decisions. TRG began serving the property management industry by modifying Microsoft Dynamics NAV to handle G/L and A/P requirements. From that base and with the integration of other Microsoft applications, the system has grown to become a complete, integrated property management solution offering for both the residential and commercial industries.

For the multi-family segment, as the competition for tenants become fiercer, increased focus needs to be given on resident services by automating time-consuming administrative processes such as lease renewals, maintenance requests, and rent payments. Empowering residents to access a suite of leasing and resident services provides an additional amenity.

Software applications need to help maximize revenue and provide leasing agents with easy to understand rentable item options. All calculations are then automatically handled by the system.

Among the features available with a Microsoft Dynamics NAV solution:

• Automated workflow - for example, processes such as tenant leasing information or payment notification can automatically populate the backend Microsoft Dynamics NAV system
• Diverse lease management and extended tenant tracking
• Bill tenants according to leasing options
• Process CAM/Reimbursement charges through accounts payable
• Automatic allocation based on predefined percentages
• Electronic payment integration with banks
• Multiple chart of accounts
• Departmental reporting
• Maintenance for fixed unit assets
• Construction job costing
• Maintenance and service orders
• Input invoices and orders from any location
• Integration with Microsoft Office and Outlook

Access to data can be either through a web browser or a client. The solution has consolidation capabilities that provide operational and financial data from across the entire portfolio. Data can be viewed at the highest level of consolidation and drilled into specific areas down to the unit level. For more information contact The Rand Group at sales@randgrp.com