written by:Lisa Richards Jun 2016 0 Comments
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No employer likes to think that his or her employees are stealing from them, but the fact is that it happens, and it could be happening to you. Your property management company does everything it can to operate as efficiently as possible, but you might be losing precious time (and money) to employee unproductivity or even employee dishonesty without even knowing it.
Employees can “steal” from their employers in a variety of ways. Some of them are intentional and some are not. These include:
Through Account Reconciliation: Individuals who are responsible for reconciling accounts create fake transactions all the time. Maybe it’s never happened to you, but the reality is that it could happen to you. Having an automated system is a much better way of keeping track of everything in all of your accounts. If reconciling can occur automatically, that’s even better.
Through Overtime: There are probably certain times of the year when you wish you had an extra pair of hands in the office, maybe even more. These are the times of year you’re more likely to grant requests for overtime. Finding ways to efficiently complete various tasks is always at the top of your list of priorities, but it doesn’t always make it to the list of tasks you’ve completed.
Through Work Order Management: Is there ever any confusion over which one of your property management team members or vendors is supposed to complete certain tasks? That can cause you all kinds of problems, not to mention a lot of wasted time and unhappy tenants. Their confusion isn’t their fault, but with the right system in place to help you manage your work orders, you’ll save time, money, and keep everyone happy.
At PropertyBoss, we understand how important it is for you to manage your company properly, and that’s why our software offers you the best features available in the industry. Contact us and let’s talk about how we can make your property management business more efficient.
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In a perfect world, when you reconcile your property management bank accounts, everything checks out with the bank. Your account statements align perfectly with what your accounting software states, and you can easily check that off your long list of things to do. We all know that’s not how it works. Reconciling your accounts is … Continue reading Property Management Tips: Reconciling Your Accounts...read more
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