immediately. No matter the size of your community or the type of community (condo, townhome, single family), using software that suits your needs is essential. Typically, it will only cost you a fraction of the money custom software would. It is also important to realize that other people – your competitors – they are most likely using an industry-specific solution, which puts you at a competitive disadvantage.

For management companies that continue to grow, association management software keeps your business at peak efficiency. It is a tool that will keep you organized and help you achieve your goals. Most software companies will also update their product as technology changes, allowing you to keep up with industry trends.

Switching to a software solution is easier than you think. While there is a time investment involved in a major software change, the result of increased profitability outweighs the initial cost. It goes without saying that the cost of custom programming or molding non-industry-specific software to your needs can be exorbitant.

Three advantages of using industry-specific software solutions:

1) It is perfectly adequate for the job. Even a small company can produce the necessary financial statements, reports, and customer service on a par with larger companies (hint: your competitors).

2) Efficiency leads to profitability. Time is moneyespecially in the management industry.

3) You can work smarter, not harder. With software built for your needs, you have a level of best practices built in that ensures your business can perform at the highest level.

In an industry where competition is high and you want to be at the top of the list of successful management companies, can you afford not to use a software solution built for the industry?