The modern property manager's function is changing, according to MRI Software!

 

Property managers' responsibilities have altered dramatically in recent years.

The discipline is no longer solely concerned with the functional and operational elements of managing, sustaining, and monetising a portfolio. Property managers are increasingly responsible for broader business success, developing communities in their buildings, the safety of those who occupy properties, and the deployment of property management technology to assist their efforts, in addition to the real bricks and mortar. real estate companies in qatar

Accounting, investment, marketing, customer experience, strategic leadership, IT, and digital innovation and transformation are all skills and qualifications needed by professionals in this area. As businesses return to their workplaces, safety will be a top priority. Property managers will be responsible for delivering.

It's a genuinely exciting moment to be a property manager, with potential to thrive in a variety of areas and to have a significant impact on the company you work for at the executive level. However, it is not without its difficulties.

MRI Software and other real estate industry professionals discussed these themes and looked at how property managers are driving change and defining the sector's future in a recent on-demand virtual roundtable presented by Estates Gazette. The panelists also discuss some of the challenges they face, as well as how technology, automation, and digital communication can help them succeed in the future.

In light of the current business climate and COVID-19's effects, the discussion also turns to post-pandemic recovery and the tentative measures people are taking to return to work – or not, in some circumstances.

MRI Software Information

MRI Software is a major developer of real estate software applications and cloud-based solutions. From property-level management and accounting to investment modeling and analytics for the worldwide commercial and residential markets, MRI's comprehensive and adaptable technology platform, along with an open and linked environment, serves the particular needs of real estate firms. MRI, a real estate software industry pioneer, builds long-term customer partnerships on over five decades of experience and knowledge. MRI allows organizations the freedom to revolutionize the way communities live, work, and play while elevating their company and obtaining a competitive edge, thanks to leading technologies and a diverse partner ecosystem. "As our portfolio developed, we realized we needed to automate business operations. For example, using 50 spreadsheet tabs to account for 50 buildings was too time-consuming "Groupe Petra's corporate controller, Olivier Rocheleau, stated. "With the support of Voyager, we were able to decrease the time previously required to complete month-end operations in half for some activities while also establishing solid automated governance."

Yardi® PayScan, an invoice processing platform; Yardi® Job Cost, which enables accurate cost and budget monitoring over construction projects; and Yardi® Aspire, an on-demand digital training environment, were all adopted by Groupe Petra in addition to Yardi Voyager.

"We've grown tremendously, and we've had to implement new processes to keep up with the change," Rocheleau stated. "Yardi has better market reputation and presence, and their product offering addresses all of our essential business requirements."

"Groupe Petra's goal of harnessing integrative technology to prosper beyond the pandemic has been genuinely forward thinking," stated Peter Altobelli, vice president of sales and general manager for Yardi Canada. "Their ability to adapt their deployment method for a remote environment provided us with a welcome challenge."