How do you ensure best practice bookkeeping is done correctly on a consistent basis at your Homeowners Association (HOA ) or Condo community? You standardize your process, document it, add checklists and then inspect that your accounting team is following the system....
One of the biggest complaints when working with a property management or bookkeeping company is they are slow to pay vendor bills. This creates more work for the Board. The vendors call and ask for payment. The vendors stop working unless a payment is received and...
What Board Member doesn’t want an easy way to do targeted communication with the homeowners in the community? That’s what we thought. So, we replaced one of the newsletters in our bundled services with an immediate communication tool. We added the ability for...
One of the core issues of the HOA & Condo management industry is poor communication rooted in a lack of responsive service. Years ago, as a Management Company Owner & Executive, I met hundreds of Board Members that complained that along with terrible...
Community Financials is growing and we continue to add the best personnel to ensure you receive great service. We’re pleased to introduce Shannon McGuire as our newest Client Manager on the Tops Team! This role provides Boards with a primary point of contact to...
At Community Financials, one of our core values is delivering WOW Service. WOW Service stands out from the industry average service. A core value helps us make decisions as a company on where to make investments. Over the last few months, we’ve made some...
Does your self-managed condominium or HOA have anything to worry about when banks and other major financial institutions predict a coming recession? There sure is! Take steps now to prepare for the damaging financial effects of a recession. Forbes.com, Fortune.com,...
Over the last few years we have been busy writing blog posts, articles and other information to make operating or self-managing your Homeowners Association or Condominium Community easier. Our Goal is to make the Community Financials website a Board resource. In...
Over the last month, we finished improving our website to make it easier to navigate and understand how we help boards make self-managing easier and how we also help managers make accounting easier. To show the services we handle we added a Services and Tools page for...
Community Financials works with a few banks that specialize in HOAs and Condominiums, one of those banks is Truist. Truist is the bank created from the merger of BB&T and SunTrust and created a large banking footprint in the southeast and mid-Atlantic states. ...
