The Authority on Software Selection
Talk to a Software Expert: (888) 918-2747
Commercial Property Management Software
The retail, industrial, and office space sectors have special needs distinct from other types of property. Rental terms tend to be longer, the qualifying process more intricate, and business development becomes that much more important. Therefore, commercial property management software will help property managers create detailed financial projections; automatically calculate rent increases; create recurring charges for each tenant; and calculate common area management (CAM) charges and reconciliation.
Specific factors to consider are:
| Property tracking | Manage multiple addresses categorized by individual units as well as larger complexes, regions, or development. |
| Business or accounting oriented | When selecting your commercial property management software, consider your business’s area of focus. Many property management programs focus on the accounting, but in the commercial sector, business development may be more important, in which case it would be better to select a program that keeps the accounting in the background in favor of supporting business management and growth. |
| Fixed asset management | In commercial properties, it’s critical to track the status of your assets, know how and when they’ll appreciate or depreciate, and manage the overall value accordingly. Some commercial property management software systems have built-in asset management capabilities to calculate this information for you. |
| Additional features | Some of the features included in some, but not all commercial property management programs include: payroll management, check mailing services, lead tracking, inventory tracking, dispatching, service contracts, and utility metering. |
Have an opinion on this guide? Email the authors. We appreciate the feedback.
Free Download:
How to Assess Property Management Vendors' Viability
Free Download:
Property Management Software Buyer's Toolkit
Free Download:
Property Management Software Feature Checklist
Call us for a free
FastStart Consultation
(888) 918-2747
Save weeks of up-front research and avoid costly mistakes with our free FastStart Consultation.
Yardi Voyager
From small portfolios to the largest enterprise, Yardi Voyager is the go-to solution for integrated property management and accounting. It offers a holistic view of your properties with dashboards, notifications, and analytics.
MRI Commercial Management
MRI Commercial Property Management serves firms of all sizes and needs with tools for overseeing operations and real estate investments. Specialized modules allow users to closely manage accounting, leases, reporting and more.
Total Management
With a user interface designed specifically for commercial properties, Total Management makes it easy to manage tenants in different properties. Web-based solution provides CAM/Tax Reconciliation system and more.
Spectra
Spectra's drill down search pulls the exact information needed to manage, track, and report on multiple commercial, office, and shopping center properties. Automates Common Area Maintenance and escalation expenses.
Property Boulevard
Property Boulevard supports multiple types of commercial properties of all sizes, including commercial and mixed-use. Delivers complete management and accounting functionality for rent collection, bill pay, and more.
Save weeks of research & costly mistakes. Our experts will recommend the best software for your needs.
SKYLINE Software
SKYLINE's Commercial Property Management solution tracks multiple properties by property type and unit/occupant status from a real-time dashboard. Perfect for complex lease structures and facilities maintenance requirement.
IBS 10.0i
Since 1979 IBS has been pioneering real estate automation. The IBS 10.0i web-based solution delivers a fully integrated turnkey option for commercial property managers with enterprise-wide and geographically diverse portfolios.
AssociationVoice Building Management Edition
AssociationVoice's Building Edition is a hosted property management solution designed to handle a mix of commercial portfolios. Building dashboard provides snapshot of all essential details and forms.
Magpie iHospitality
Magpie iHospitality's robust set of features provide an easy way to centralize guest management, housekeeping, maintenance, and accounting. Offers full reporting, online payment, refund processing, and vendor billing.
AssociationVoice Property Management Edition
AssociationVoice property management solution is ideal for managing commercial needs such as vendor tracking, Board requests, and pet/key/parking/and visitor management. It also offers font desk concierge and high-rise operations.
Free Download:
Commercial Property Management Software Comparison
Free Download:
Ten Steps To Selecting Property Management Software
Call us for a free
FastStart Consultation
(888) 918-2747
Save weeks of up-front research and avoid costly mistakes with our free FastStart Consultation.