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Online Bill Approval & Research Demo

In this video, Cathy Imes, the onboarding specialist at Community Financials, explains the Strongroom online bill approval system, which allows board members to approve vendor invoices securely and efficiently. She highlights the system’s features, including unique logins for each user, the ability to view invoice history, and search functionalities, all aimed at enhancing financial control and transparency for community associations.

HOA Financial Reporting Made Easy: Your 5-Step Guide

HOA Financial Reporting Made Easy: Your 5-Step Guide

Why is Financial Reporting Important? Of all the hurdles that an HOA Board member faces on a regular basis, the financial aspect is the most daunting. There are so many sources of information and papers that make for hours of calculator and spreadsheet busy work to simply understand the financial status of your HOA or Condo Association. You may…

HOA Accounting: What You Need to Know

HOA Accounting: What You Need to Know

Are you an HOA Board member looking to streamline your homeowners association bookkeeping process? Tasked with condominium financial management and looking for a solution to keeping track of all the accounts?  It can be stressful and confusing if you don’t have the right resources – luckily, Community Financials is on your side. Keep reading to find out everything you…

The 4 Best Condo Community and HOA Financial Reports

I hear it all the time, the board gets a stack of condo or HOA financial reports but doesn’t look at them. The reason why? I suspect information overload and not knowing what to look for in each report. It can be overwhelming for a community board member that isn’t used to looking at financial…