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Description
Rents are seamlessly recorded in the General Ledger with a single click, while payments can be easily input by selecting either the tenant's name or unit. The system provides real-time updates on the percentage of collections for the month to date with each transaction. Court documentation for overdue rents can also be generated with just one click. A comprehensive summary of all outstanding balances can be accessed with one click, and individual statements can be retrieved with just two clicks. The management of multiple property owners is streamlined with dedicated commission statements for each. Additionally, it effectively tracks former tenants with pending judgments. The program distinguishes between taxable and non-taxable income and expenses, as well as differentiating the Section 8 tenant's contribution from the total rent. It also monitors previous tenants’ garnishment payments and court satisfaction statuses. Furthermore, the system conserves paper by allowing reports to be viewed on-screen before printing hard copies. This efficiency not only simplifies the management process but also enhances the overall accuracy of financial records.
Description
For over three decades, PROMAS has dedicated itself to addressing the specific needs of fee-based residential property managers. While many property management software solutions can handle the fundamental tasks of collecting rent and management fees, our robust accounting systems, coupled with our knowledgeable staff, enable you to navigate unusual or complex tenant issues without requiring extensive accounting knowledge or the assistance of external consultants. PROMAS transcends the limitations of traditional desktop software, offering a versatile platform that operates seamlessly in the cloud, on local networks, or as standalone applications. Leveraging Microsoft server technology, our software is compatible with virtually any device that runs on Windows, Apple, or Android systems and is equipped with internet access. This ensures you have a highly portable and easily archivable database at your disposal. Even if state regulations do not mandate that you maintain historical records in an accessible format, having them readily available is always a wise decision—something that can't be guaranteed with cloud-only options, which may not provide the same level of reliability and accessibility. Furthermore, our commitment to continuous improvement ensures that we evolve along with the changing needs of property management professionals.
API Access
Has API
No
API Access
Has API
No
Integrations
RentTrack
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
Yes
Pricing Details
No price information available.
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
FreeSoftware4Landlords
Founded
2006
Country
United States
Website
freesoftware4landlords.com
Vendor Details
Company Name
Promas
Founded
1984
Country
United States
Website
www.promas.com
Product Features
Real Estate Property Management
Billing & Invoicing
Yes
Commercial Properties
No
Contact Management
No
Credit Check
No
Expense Management
Yes
Insurance Management
No
Landlord Database
No
Late Fee Calculation
Yes
Lease Management
No
Maintenance Management
Yes
Owner Portal
No
Payment Processing
No
Portfolio Management
No
Rent Tracking
Yes
Residential Properties
Yes
Tax Management
Yes
Tenant Database
Yes
Tenant Portal
No
Vacancy Tracking
Yes
Website Management
No
Product Features
Real Estate Property Management
Billing & Invoicing
Yes
Commercial Properties
Yes
Contact Management
Yes
Credit Check
No
Expense Management
Yes
Insurance Management
Yes
Landlord Database
Yes
Late Fee Calculation
Yes
Lease Management
Yes
Maintenance Management
Yes
Owner Portal
Yes
Payment Processing
Yes
Portfolio Management
No
Rent Tracking
Yes
Residential Properties
Yes
Tax Management
No
Tenant Database
Yes
Tenant Portal
Yes
Vacancy Tracking
Yes
Website Management
No
