Managing properties manually can be overwhelming, especially when you have multiple units or tenants to handle. From collecting and tracking rent payments, maintenance requests, and other property necessities---all these can pile up easily very quickly. The more properties you handle the tougher it gets to stay organized.
Thankfully there’s a powerful digital tool that will help eliminate this problem, and that is Odoo. This tool is an open-source suite of integrated business applications that cover functions like CRM, eCommerce, accounting, inventory, and project tracking to streamline operations. With its user-friendly interface, and its ability to optimize operational process, Odoo got a 4.7/5 rating to a trusted review site called, “Featured Customers”. Now with its new feature, rental tracking can be handled quite easily and conveniently. Here's how Odoo can simplify your property rental workflow:
Automating Rent Collection
Say goodbye to days of knocking on doors or making endless follow-ups for your tenants’ rental payments. Now with Odoo ‘s automation capabilities rent collections, this process makes it smoother for both property managers and tenants. With features like automated invoicing, monthly reminders, and online payment options, the system ensures that the rent is collected on time without the usual hassle.
Streamlining Rental Tracking
Tracking tenant records, lease agreements, and communications can be overwhelming, especially for large properties. Good thing Odoo can centralize all tenant’s data, tracks these lease agreements, and everything that involves tenants’ transactions. Now everything is organized and accessible in one place.
Simplifying Maintenance Tracking
Property maintenance is critical for satisfying the needs of its tenants in unit or rental, yet it remains a hard thing to always be in control of repairs and requests. Odoo solves this by offering a maintenance tracking system that schedules tasks, assigns work orders, and monitors progress in real-time. Tenants can submit maintenance requests through the system directly. Most problems get solved promptly and effectively in due time. This, in turn, not only benefits the tenant but also prevents delay of the expensive repairs.
The Future of Property Rental
The Philippine property rental sector will see more significant roles of technology in its future development. Odoo and other similar platforms raise the bar to save much time and costs and enhance general satisfaction among tenants. After automation of most tasks and centralization of operations, the parent business can grow and deliver first-rate service.
It is not a revolutionizing idea but pretty much a necessity to adopt digital tools such as Odoo in the contemporary property rental space. So, the industry seems bright in terms of outlook because the right tool can unlock new levels of efficiency and success for managers.
Interested in learning more about how Odoo can help you streamline your property rental tasks? Contact us today to schedule a demo!
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