One of the single biggest benefits of a property management system is the ability to track various issues related to multiple properties, all from one place. Additionally, it is common for PMS solutions to include a property database and a tenant portal, assisting with communication.
These allow property owners to continuously monitor the current state of their property portfolio and quickly respond to financial and operational issues as and when they arise.
Software solutions in this category will typically include features like lease management, maintenance management, and rent tracking tools.
Property management software (PMS) is intended to automate various back office, financial and operational tools for real estate property managers.
