7 important features of Property Management System

Hoteliers and real estate managers know that managing a property is no easy task. In order to keep the property up and running smoothly and efficiently, software plays a key role. This is where a good property software comes to the fore. A Property Management System Dubai should be well equipped to handle the guest journey in its entirety. In today’s digitally driven world, the importance of a PMS system cannot be overstated.

7-important-features-of-Property-Management-System

In recent times, the functions of a PMS have advanced dramatically in terms of both basic features of PMS and ease of use. We will take a look at 7 functions your property management system needs so that you can consider it as a features guide for a PMS before choosing the most suitable one for your hospitality or real estate business.

1. A simple, clean and functional interface

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A PMS system is only as good as its user interface. No matter how many features of PMS are implemented into your system unless a person is able to easily navigate and use it effectively, the benefits of Property Management System Dubai will not positively impact the business. The PMS features must be easily operable by the staff, with availability across multiple devices (desktops, smartphones etc). The ability to set the preferred language is also a bonus.

2. Database should be on the cloud

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When information from the Property Management System Dubai is stored in the cloud, data is never lost since it is stored remotely in a secure network of servers that can be accessed anywhere. This also eliminates the need to invest in large on-premise servers that will affect cost efficiency. This might be most underrated of the 7 functions your system needs.

3. Robust database

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This is a subset of the previous feature. A good PMS Dubai should also act as a basic customer management system that stores the records and information of customers. The contact information of guests is a huge asset that underlines the importance of property management software. A good database also lets you store information like customer preferences so that you can tailor personalized services to returning guests, thereby improving customer retention rate and boost revenue.

4. Direct booking and reservation management

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Direct booking is an extremely popular feature among customers these days. Online and offline distribution channels like agents may bring you more business, but they also have associated costs in terms of commission. If a customer visits your website, they almost certainly expect a direct booking feature and therefore it is important in this feature guide for a property management software. Proper reservation management ensures that the system can handle different sources like walk-ins, traditional agents and keep the records properly updated and segregated.

5. Point of sale integration

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A smart point of sale system integration with PMS Dubai can save you a lot of hassle in tracking customer dues and modifying reservations on the go. This also contributes to seamless customer experience and better satisfaction.

6. Reporting & Analytics features

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Out of the 7 functions your PMS needs, robust reporting and analytics is something that cannot be compromised on. Like any other line of business, hospitality or real estate also needs to have a detailed reporting feature to track operations and identify shortfalls. Since there are diverse different departments within the hospitality / real estate industry, your real estate management system should have built-in reporting capabilities. Since the PMS features already include core functionalities, reporting statistics can save a lot of manual work and adds to the importance of a PMS.

7. Scalability and integration with third-party software

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One of the basic features of PMS Dubai is its ability to integrate easily with third-party software. Different businesses may have already implemented a multitude of third-party interfaces, so a good real estate management system should easily be able to integrate with them.

Scalability is also an important factor because as the business grows in size and business volume, the functions of a PMS should also be able to scale accordingly.

These are the features guide for a real estate management system. Choosing the right solution is more complex than it has been because the processes and nature of each business are unique. Your choice of a Property Management System Dubai should be based on the business goals and requirements while also ensuring that they include the 7 functions your property system needs.

Checkout: 10 impacts of Queue System with Customer Feedback System

What is Property Management System | Dubai – UAE

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What is Property Management System?

A Property Management System is software which digitalizes all processes in a property or real estate management or rental property management companies. As this is the time of digitalization in DubaiUAE, and the information technology is making wonders in our lives. The property management is a very complex industry; even regular daily tasks could be tiresome and complicated. Time is a very critical variable in this market. This is where the digitalization saves the day, buy simply digitalizing your complete organizational processes (property management and rental), it will make the daily operations easier and precise, complex statistical analysis and timely notifications prevent financial errors and delays in time-sensitive tasks. All the information and data is available within a few clicks or keystrokes.

Property Management System’s Benefits

The RSI CONCEPTS Property Management System will make the day-to-day tasks and operational processes digitalized and automated via a powerful software CMS tool. The automation and digitalization will save time and efforts usually required to perform any particular task. This also prevents unnecessary delays which usually happen because of manual process or inefficient PMS software. Hence it reduces the cost and amount of time required to perform daily operations. The system is online and all the information are updating on real-time bases so there is no delay at all. Everyone concerned will immediately get notified about their tasks through their respective modules and interfaces.

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What does a property management system do?

In any property management company/organization, the business decisions are very dependent on the accurate financial data and statistical reports, without having any of these the business cannot survive for a long. The other thing is the cost of the operations while using a manual or inefficient property management system. RSI Concepts PMS allows an organization to optimize their operational and functional cost to a much higher extent than any other available property management system available in Dubai – UAE.

Here are some features of our Property Management System:

  • Simple and easy-to-use user interface and admin dashboard
  • Web browser-based dashboard
  • Mobile Application for user/admin dashboard
  • Budget Allocation and Management for the Property/Facility
  • Expense Tracking, Monitoring and Allocation
  • Tenant Check-ins, Check-outs, Payment records & Collection, Notification for due payments
  • Property Maintenance and Inventory Records
  • Online Customer/Tenant Support Request, Maintenance Requests, and complaints Management and Handling
  • Email and SMS messaging and notifications for the tenants and the management teams
  • Payment reminder via Email/SMS or mobile applications
  • Dedicated Mobile Applications for the Agent/Maintenance & Sales Staff
  • Dedicated Mobile Applications for the Admin Dashboard and Management Staff
  • Dedicated Mobile Applications for the Tenant/Customers
  • CRM module integration enables your staff to provide satisfactory services along with the monitoring mechanisms to monitor the performance of the staff itself
  • Online Customer Support and Online Chat Module Integrations via APIs
  • Organization’s back-office ERP, or any other Third Party software integration via APIs
  • Social Media and Multiple communications medium integrations for better service and marketing purposes
  • Leasing, Brokerage and Selling Modules
  • Contract records and other essentials under a single Module
  • Documents upload and Download facility
  • Customer/tenant and Staff Profiles ensure the agents and supervisor can get the contact details within seconds
  • Instalments reminder, adjustments, agent commissions and financial records
  • Powerful intelligent smart search engine on various modules and sections
  • Autonomous statistical and data analysis tools along with completely customized reporting module help the higher management in decision making and resource allocation
  • System and Admin user hierarchy to divide the roles and responsibilities of the staff
  • Multi-layers of the activity tracking and monitoring keep a record of each and every activity on the system, which helps to identify the mistakes and let the management take effective actions

Here are some of the major implementations of our Property Management System in Dubai – UAE

  1. Real Estate Management System
  2. Hotel Management System
  3. Facility Management System
  4. Centralized Property Management System

Do your organization needs a Property Management System?

In case if you are property management company or a real estate management company, whether you are selling properties, renting them out, leasing properties, maintenance company, facility management company, a large organization managing multiple facilities and properties or a government entity to manage multiple facilities, real estate or properties from a head-office or a regional office, our property management system (PMS) is specifically built for you. Above all, we provide completely customized solutions which don’t require any change in the policy or the process of the organization. Our aim is to make things happen fast and let the management act immediately. Our clients have reported a significant reduction in their operational expenses after implementing our Property Management Software.

Need a quote? Or want to learn more? Please visit our product page HERE.

Checkout: Customer Feedback System with QR Code for each property – DAMAC Properties