ResMan Review

Improve Operational Efficiency

One of the key features offered by ResMan is its capability to improve the operational efficiency of residential property businesses. It makes sure that property owners and managers are able immediately get the data they want and property teams can easily perform their day-to-day tasks.

Thoughtful Navigation Tools

The residential property management software is built with thoughtful navigation tools that permit users to quickly jump to records and access specific data such as resident and vendor information, units, and transactions by simply clicking the mouse. On-site staff are also alerted when guest cards and applications are available online and when messages are being sent via the residential portal or through SMS.

Document Management

Another feature that boosts operational efficiency is the ability to organize records and reports online, and keep them safe and secured. With ResMan, users will be able to store resident records and add pertinent documents to them like leasing papers. If they need to search for invoices, payments, and work orders that are associated with specific vendors, they can easily do that because the software can also organize vendor records online. Meanwhile, all maintenance activities performed for each unit and tenant move-in and move-out history can be accessed through unit records.

Task Automation

Aside from document management, ResMan delivers a feature that automates key residential property management tasks such as leasing, maintenance, and accounting. Interestingly, this task management feature enables users to prioritize their tasks using a color-coding system that they can personalize to match their own workflows and processes. The software has an interactive calendar, allowing team members to view task schedules.

Mobile Maintenance Capabilities

ResMan is equipped with mobile maintenance capabilities that enable property owners and staff, and maintenance professionals to deliver a quality resident experience and meet the expectations of investors. Thus, when residents send urgent service requests, property staff are instantly notified even if they are in the field. Likewise, maintenance professionals can view work orders while they are outside the property. They can prepare the necessary documents for the work orders directly from their mobile devices.

Gain Full Control Over Transactions And Accounting Processes

The residential property management solution gives property teams and staff full control over all accounting tasks related to their business. The software comes with accounting features that allow users to gather accurate, consistent, and enterprise-wide data so they can gain insights into their financial performance and improve their cash flow and bottom line.

With these accounting features, transactions and activities for accounts receivables are comprehensively organized. In addition, ResMan permits the creation invoices from a central location as well as the management of expenses by setting up user rights and expense limit requirements. They can do all of these through the aid of a robust and automated accounts payable workflow. Also, ResMan has general ledger management capabilities which enable them to create journal entries that can be automatically revised in real time, set up templates for recurring transactions, and associate new general ledger accounts with selected properties.

Manage Prospective Renters And Residents

ResMan automates the process of generating and managing prospective residents. It ensures that users will be able to capture leads through automated content management and follow up with leads. The software permits them to automatically publish and feed marketing content into Internet listing services that they are affiliated with. Also, ResMan enables them to instantly update the content so that it contains accurate information based on community standards.

To be able to convert the leads, ResMan allows team members to access contact details, track the statuses of applications, as well as share other important lead information with each other. Leads can also be assigned to specific team members. Using response templates, users will be able to quickly reach out to leads, streamlining the follow-up process.

Credit Builder Program

ResMan is built with advanced features which are available in its edition or version called ResMan Plus. One of them is its Credit Builder, a resident-funded amenity that helps responsible residents build good credit scores so that they will be approved when they apply for loans and mortgages, or when they want to get better rates from services. ResMan’s Credit Builder program benefits both residents and property owners. It adds a new revenue stream for properties, letting property owners improve their NOI or net operating income. For residents, this is a life-changing feature, as they are able to produce credit reports that prove that they are making rental payments on time and have good financial standing.

Fill Vacant Units With Responsible Renters

Another advanced feature included in ResMan Plus is its screening tool which permits users to review applications and assess potential risk associated with prospective residents and renters. This tool utilizes quantitative data and scoring models, permitting them to accurately track applicants that have negative payment behavior and other issues that don’t conform to their financial goals and business requirements. 

Generate Applicant Screening Results In Real Time

This tool generates screening results in real time. Because of this, vacant units with unqualified applicants are immediately made available online for those prospective renters that will most likely pass the applicant screening process. This prevents revenue losses for vacancies and properties that are linked to applicants which have been disqualified based on the screening results.