Making Self-Managed Condo & HOA Monthly Financial Management Easier
Life is busy enough let alone adding a condo community or homeowners’ association (HOA) volunteer role to your list of obligations, especially if you are a self-managed community. We have set out to design our community accounting service to make the entire life cycle of how you deal with our company simpler. We hope to make choosing Community Financials an easy decision, provide easy pricing, easy accounting, easy administrative tools, easy transition, provide access to helpful add on services if needed and provide easy communication. We’re trying to make this blog post easier by reducing sentences and using bullets instead. Here is how Community Financials is making self-managed condo & HOA monthly financial management easier:
Easy HOA Accounting Software or Condo Accounting Software
You don’t have to purchase software, pay for software or set up software. We provide the 2 most popular softwares in the industry for you to choose from: TOPS ONE and Caliber. We do the accounting work in this software and give access to the board to see info, access reports and also use other modules of the association software for maintenance and violation tracking for example.
Easy Decision
Provide accounting & communication tools that make the board’s job easier with less time commitment
Online payments and access to account info that owners want
We only offer specialized condo and HOA accounting services with experienced staff
Carry fidelity insurance to further protect association funds for peace of mind
Licensed (or in the process) in a few states that require it
Easy Pricing
Fill out our “Request a Quote” questionnaire or have a 10-15 minute call and get a price quote within 1 business day.
Base monthly fee plus a handful of admin fees (mailings, coupons, statements, etc.)
Detailed service agreement to ensure expectations are met
No start-up fee
Easy Accounting
Lots of ways to pay: online by bank draft or credit card or mail a check
Boards approve bills online prior to payment – no more paper invoices or check book
Easy to understand financial reports
Get condo & HOA financial reports on time when you need them
Easy Admin
Owner rosters help track resident info
We can help with community mailings – email those with email and hard mail the rest to save money
Resale certificates when an owner sells & lender questionnaires when an owner refinances
Easy Transition
A handful of information to get set up in our system
A welcome letter and a billing statement (if using monthly or quarterly statements) are sent to owners
30 day transitions (or even less) is all it takes
Easy Add on Services
Community web portal for enhanced communication for owners and boards
Community website & phone app that allows sending owners updates by email, text or mobile app
Emergency Maintenance Call Center – calls routed to vendors and text a board member notification
Payroll Processing for employees
Reporting to Credit Agencies – good payers get credit & bad payers are reduced by 21% (on avg.)
Easy Communication
Online tools for 24/7 access to info
Email, phone & video call support
Screen sharing to help with issues and provide training
Is that making self-managed condo & HOA monthly financial management easier for board members?
To get started let’s make it easy: the next step is schedule a quick call with us.
