SimplifyEm is a comprehensive cloud-based property management software designed specifically for small and midsize property managers, landlords, investors, and property owners. This solution aims to streamline and simplify the various tasks associated with managing rental properties, making it an all-in-one tool for efficient property management.
Key Features and Functionality
Lease and Tenant Management
SimplifyEm allows users to manage tenant details, lease terms, and rent due dates efficiently. It includes features such as online lease forms, lease tracking, lease alerts, and the ability to charge late fees. Automated rent reminders and the capability to draw up leases are also integrated into the system.
Online Rent Collection
The software facilitates online rent collection through credit cards, debit cards, and ACH transfers, making the payment process more efficient for both property managers and tenants. Tenants can access a dedicated portal to carry out all rental payment transactions and view their complete history of online rent payments.
Maintenance Management
SimplifyEm includes a robust maintenance management system that allows property owners or tenants to make maintenance requests quickly and easily. The platform enables tracking of these requests, setting up automatic maintenance schedules, and storing vendor documents and creating invoices for maintenance work.
Financial Tracking and Accounting
The software offers a full accounting suite that tracks income, expenses, and generates various financial reports, including income statements, cash flow reports, and tax reports. It integrates with QuickBooks for seamless accounting and helps with tax preparation by organizing income and expense data into different IRS tax categories. Additionally, it automatically detects and tracks tax deductions to maximize tax savings.
Tenant Screening
SimplifyEm integrates with TransUnion to provide credit and criminal background checks on prospective tenants, ensuring thorough tenant screening.
Document Management
The platform includes a document management system that stores leases, legal documents, and other property-related documents in one centralized location.
Communication and Reminders
SimplifyEm features communication tools that allow property managers to send reminders and notifications to tenants. It also supports two-way texting for enhanced communication.
Vacancy Management and Marketing
The software helps in managing vacancies by allowing listings on rental websites and features custom websites to showcase occupied and vacant units. This facilitates easier marketing and advertising of available properties.
Reporting and Analytics
SimplifyEm generates detailed financial reports and customizable reports, enabling property managers to send professional owner reports quickly. The platform also provides insights into property performance, helping in making informed decisions.
In summary, SimplifyEm is a powerful and user-friendly property management software that automates and streamlines various aspects of rental property management, from lease and tenant management to financial tracking and maintenance scheduling. Its integration with other tools like QuickBooks and TransUnion, along with its comprehensive reporting and document management features, make it an invaluable tool for property managers and landlords.