Innovation Enhances Responsiveness and Efficient Flow of Information
ACM is constantly researching and integrating the latest technology to maximize our potential as managing agents. This concerted effort to utilize the most advanced software systems for accounting, property management, and community management has been vital in enabling the rapid expansion of our portfolio. By investing in the services of companies such as Corelogic Jenark, Smartstreet, and eUnify, we have been able to create a platform to streamline information seamlessly and efficiently for our clients, in a fashion that few others can deliver. Proactively pursuing new and innovative ways to assist our associations and deliver services is our priority. By investing in the best tools and technologies today, we better position ourselves for the future; this approach and philosophy will remain steadfast as we move forward. Descriptions of our current systems and some of their beneficial features are as follows:
Corelogic Jenark Accounting/Property Management Software CoreLogic (NYSE: CLGX) is a leading provider of consumer financial/property information, analytics, and services to business and government. This company has built the largest U.S. real estate performance database, with 2009 revenues reaching $2.1 billion. CoreLogic Jenark’s acclaimed software is specifically designed for the property management industry. This system allows ACM the ability to streamline accounting documents and other pertinent information accurately and efficiently, securely transmitted through a centralized database, accessible online 24 hours a day.
eUnify eUnify is an innovatively created community management software that has enabled ACM to deliver a far superior product to our clients. This provides a most reliable system for our managers to easily enter, view, store, track, and update documents. eUnify's unique platform provides all homeowners to submit requests directly through the web portal enabling fewer emails and increased response time. It also enables board members to view information via a simple connection through ACM’s community website portal, www.acmhome.com. Some examples of items uploaded and stored through eUnify that can be reviewed by board members include:
Monthly bank statements and financial reports. Homeowner delinquency reports. Monthly management reports Property information, community policies/by-laws, and amendments. Meeting minutes. Violations and pertinent correspondence relating to specific violations. Existing contracts and previous proposals submitted. eUnify is designed to seamlessly integrate with most accounting/property management software; this allows ACM’s accounting personnel to enter data through Corelogic Jenark that automatically flows through to eUnify In turn, our managers can use the system to create simplified summaries, detailing the most current financial information for the board’s review.
Union Bank/Smartstreet Smartstreet, a division of Union Bank is catered specifically to the needs of community associations and the professionals who manage them. Smartstreet saves customers invaluable time by processing all payments automatically and no banking fees are assessed for their service. With Smartstreet, once you establish your personal account through ACM’s community website portal, you can conveniently make electronic payments to the association’s account. They also feature a highly advanced lockbox service that captures pertinent information from paper checks, automatically depositing funds into the association’s account the same day they are received. Smartstreet recognizes every individual is comfortable with different methods for bill paying, and therefore, processes payments via paper check, electronic check, ACH, online debit, or credit card. Other notable features include: Easy to set up online signature cards for board members. Instant account access, enabling daily tracking of cash flow. Competitive interest rates for reserve accounts and instant cash transfers between accounts. Competitive rates for loans, providing crucial liquidity for an association facing difficult financial circumstances. CDARS (Certificate of Deposit Account Registry Service) program, which provides FDIC insured protection of association funds in CD’s with other banks enrolled in the CDARS program.
Handteq ACM's commitment to technology continues with the use of tablets to record property and compliance inspections by our community and property management staff. ACM partnered with a local software company that specializes in creating apps for IPads and Android devices. Handteq provides the app and the accompanying database for our property and community management inspectors. Each month, our community managers provide an electronic report to our boards that details all correspondence, financial information and inspections made by the community managers and property managers as they visit the communities. ACM intends to continue this process by developing an app for board and committee members to utilize for inspections or maintenance issues.
ACM is constantly evaluating how we can continue to communicate information with maximum efficiency, to as many people as possible, while not sacrificing anything in details and accuracy. Corelogic Jenark, eUnify, Smartstreet, and Handteq are instrumental in accomplishing this and help facilitate the professional and innovative business operation that ACM takes pride in sustaining.