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PROMAS Review

PROMAS
Our score: 6.6 User satisfaction: 90%
Logo of PROMAS

What is PROMAS?

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.

Overview of PROMAS Benefits

PROMAS 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.

Overview of PROMAS Features

  • Commercial properties
  • Landlord database
  • Maintenance management
  • Billing and invoicing
  • Late fee calculation
  • Insurance management
  • Contact management
  • Lease management
  • Owner portal
  • Rent tracking
  • Tenant portal
  • Vacancy tracking
  • Residential properties

PROMAS Position In Our Categories

Because companies have distinctive business requirements, it is prudent they abstain from deciding on a one-size-fits-all, ”best” solution. Nonetheless, it would be almost impossible to come across such an app even among widely used software systems.
The rational step to do would be to spell out the numerous critical functions which entail deliberation including crucial features, packages, skill competence of staff, company size, etc. Then, you must double down on your product research through and through. Have a look at some of these PROMAS review articles and scrutinize the other software options in your shortlist more closely. Such detailed product investigation ensure you keep away from unsuitable software solutions and select the one which meets all the features your company requires.

Position of PROMAS in our main categories:

TOP 100

PROMAS is one of the top 100 Property Management Software products

If you are interested in PROMAS it could also be beneficial to analyze other subcategories of Property Management Software gathered in our base of SaaS software reviews.

Organizations have different needs and requirements and no software application can be perfect in such a scenario. It is pointless to try to find a perfect off-the-shelf software product that fulfills all your business requirements. The intelligent thing to do would be to customize the system for your special wants, worker skill levels, finances, and other aspects. For these reasons, do not hasten and subscribe to well-publicized popular systems. Though these may be widely used, they may not be the best fit for your particular needs. Do your research, investigate each short-listed system in detail, read a few PROMAS Property Management Software reviews, call the seller for explanations, and finally settle for the product that offers what you need.

How Much Does PROMAS Cost?

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.

User Satisfaction

Positive Social Media Mentions 36
Negative Social Media Mentions 2

We realize that when you make a decision to buy Property Management Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and PROMAS reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with PROMAS. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Technical details

Devices Supported

  • Windows
  • Mac
  • Web-based

Deployment

  • Cloud Hosted
  • On Premise

Language Support

  • English

Pricing Model

  • Monthly payment
  • One-time payment
  • Annual Subscription

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are PROMAS pricing details?

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.

What integrations are available for PROMAS?

PROMAS integrates with the following applications:

  • QuickBooks
  • PayLease
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Reviewed By Nestor Gilbert
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