PROMAS is an easy-to-use, industry-specific property management software for managers of fee-based and investment properties. It’s a robust solution that allows users without deep accounting knowledge to manage residential and commercial properties and handle typical and rare accounting situations arising in their property management. The platform provides features that comply with the stringent requirements of financial control over escrow funds and owners.
It supports the creation of customized reports that meet the strict auditing requirements of every state with regard to trust accounting. PROMAS is available as a cloud-based or an on-premises solution with options to use well-known Apple, Windows, and Google devices for ease of access. Some of its main features include maintenance management, insurance management, rent tracking, contact management, vacancy tracking, billing & invoicing, late fee calculation, and tenant portal.
Show MorePROMAS is a robust property management solution designed to simplify the tasks for fee-based and investment property managers. The solution provides a web portal where tenants can easily access their accounts to make online rental payments via third-party services. The web portal allows you to track tenants and access emergency information of every tenant. In addition, the platform automatically computes security deposits interest and it can be used to make partial amounts of the security deposits.
The program is designed to support multiple checking accounts and banks, bank statements, and escrow accounting. It provides support for 1099s electronic filling and includes 200+ reports with selectable sort orders and date range. PROMAS permits tenants to pay invoices when due and helps you convert invoices from work orders and enter them into the holding file.
In addition, with PROMAS you can easily restrict user levels based on the function and not the property. It allows you to create recurring or one-time notes to tenants or owners and allocate checks to owners by percentage. As a fee-based manager, the solution gives you complete control over how commissions and fees are tracked by the PROMAS Landlord essential.
Better still, PROMAS allows you to email or print work orders to your vendors, track the work order in its lifecycle, import the work order into invoices, and hold back work orders from distribution. It enables you to accurately report on assets, track vital facility management components such as insurance policies and inspections. The key management feature makes it easy to track who has keys, when they are checked out, and when the keys are checked back in.
Show MoreSince companies have unique business requirements, it is sensible that they steer clear of deciding on an all-encompassing, ”best” software solution. At any rate, it is nearly futile to pinpoint such an app even among popular software solutions. The sensible thing to do should be to list the several vital aspects that necessitate research such as major features, price plans, skill aptitude of the employees, company size, etc. Then, you should double down on the product research comprehensively. Read some PROMAS analyses and check out the other software systems in your shortlist more closely. Such detailed research makes sure you circumvent unfit software solutions and subscribe to the one that includes all the aspects your company requires.
Position of PROMAS in our main categories:
PROMAS is one of the top 100 Property Management Software products
If you are interested in PROMAS it might also be beneficial to check out other subcategories of Property Management Software listed in our base of B2B software reviews.
It is important to keep in mind that hardly any software in the Property Management Software category will be an ideal solution able to meet all the needs of various company types, sizes and industries. It may be a good idea to read a few PROMAS Property Management Software reviews first as specific services can perform well just in a really narrow set of applications or be designed with a very specific industry in mind. Others might function with an idea of being easy and intuitive and therefore lack complicated functionalities welcomed by more experienced users. You can also come across apps that support a large group of customers and offer a rich feature set, however that frequently comes at a higher cost of such a software. Ensure you're aware of your requirements so that you pick a solution that offers specifically the elements you look for.
PROMAS Pricing Plans:
$30/month/user
$45/month
PROMAS Pricing Plans:
Free Trial
PROMAS
$30/month/user
PROMAS Cental
$45/month
PROMAS offers a detailed enterprise pricing structure that features a cloud hosting opting available for $30/month/user and PROMAS Cental option available for $539/year or $45/month for cloud-hosted owners and tenants. Contact the vendor for more information regarding the pricing.
We realize that when you make a decision to purchase a Property Management Software it’s important not only to learn how experts evaluate it in their reviews, but also to find out whether the actual users and companies that purchased it are genuinely happy with the service. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and PROMAS reviews across a wide array of social media sites. The data is then presented in an easy to digest form revealing how many users had positive and negative experience with PROMAS. With that information at your disposal you will be equipped to make an informed buying choice that you won’t regret.
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