Accounts payable (AP) is the bane of every property manager’s existence. Every month, you have to process an assortment of mailed and emailed invoices from contractors and vendors, enter them into your software system, reconcile if necessary (which it always seems to be), pay them on time (or not)… and that’s just for one community! […]

Scott Headrick of Keys Property Management has always had an eye towards the future for his business, and this included keeping abreast of the latest advances in technology for the property management industry. A decades long user of TOPS’ original software platform, TOPS Pro, Scott understood that to grow his business he had to adapt. […]

Changing the Way We Do Business in 2021 There are several big tech trends to look forward to in 2021, with automation being at the forefront. Automation is designed to make work easier by automatically generating information. For community managers, there are a lot of automation options when it comes to things like collections, accounting, […]

Preparing for Budget Season With the start of the new year comes a lot of future planning for community managers. This means taking a hard look at your financials and determining how you will budget for the new year. Your annual budget effects all aspects of your community. How much will you spend on the […]

Get the Best Financial Reporting with More Features Financial reporting can be a tricky area for many property management companies and HOAs. It’s important for companies to have accurate financial reporting for many reasons. If your reporting is off, then you leave your community open to financial or even legal issues. If reporting is accurate, […]

Managing Collections One of the toughest but most important tasks for a community manager is managing delinquency payments. Delinquency collections are a tricky area for managers since they involve late payments from residents and can cause a rift between residents and the office. Fortunately, TOPS makes it easier to manage your delinquency burden. Here are […]

Collections and Cash-Flow Can Be Some of the Trickiest Job Functions for Property Managers Collecting assessments that are due to your HOA is crucial for your association’s finances and cash-flow. However, they can also lead to unnecessary conflict if not handled properly. It is the fiduciary duty of the board members to collect dues and assessments […]

If a Disaster Happens, There Are a Lot of Things That an HOA Board and Its Residents Must Consider (Besides HOA Dues) Gathering supplies, making sure your family is safe, and keeping your home protected are just some of the immediate actions’ residents and HOAs need to take when dealing with an emergency. If for […]