Addressing Strata/HOA challenges by efficient business intelligence and process automation that enhances communication, transparency, financial control, and compliance while streamlining 360* property management operations.
Budget Management (General Ledger, Banking, AR, AP & Cash Flow)
Automated Fees Management & Collection
Expense & Income Tracking Financial Reports
Generation of Invoices
Online Payment Options
Real-time access to Financial Statements
Centralized platform for messages, announcements, and updates
Announcement sharing and issue reporting
Enterprise Collaboration Tools like messaging platforms, email notifications, mass emails
Facilitating quick responses to inquiries and service requests.
Online Payment Options
Real-time access to Financial Statements
REDA Paperless Automations allows for centralized storage, retrieval, and categorization of documents
Access important documents such as minutes of meetings, bylaws, and financial reports
Easy access and secure storage of critical records
Template driven documentation generation and sharing.
Electronic signatures and compliances.
E-Signatures driven digital voting management.
Maintenance and service request tracking features, automated work orders.
Report maintenance issues, view updates and maintenance schedules.
Centralized platform for monitoring work orders and coordinating with service providers
Store vendor information, track service contracts, facilitate vendor communications
Streamlined vendor management
Estimates and Planning
Task scheduling and Execution
Budget Management & Controls
Enterprise Project Accounting
Knowledge Base for storing, sharing and managing bylaws, rules, and regulations
Digital Portals for owners to track compliances and respond to violations
Streamline Strata violations management by automating the tracking and notification of infractions
Meeting scheduling, agenda creation, and attendance tracking, and document management for strata meetings
Virtual meetings and document sharing
Digital voting and decision-making processes during strata meetings
Acquisition & Underwriting
Tenant Risk Management (Integrated Tenant Screening, Tenant Scoring System)
Security Deposits Management
Eviction Management
360° Risk Forecasting & Mitigation(Physical Property Risk, Administration Risk, Market Risk)
Constructions, Renovations & Property Turns (Budget Compliance Management, Disbursement Controls, Advanced Risk Identification & Mitigation)
Rent Rolls & Lease Accounting
Renewals Management
Move-in/outs management
Terminations & Evictions
Scalable Rent Setup
Flexible Amenities setup
Portfolio Management
Revenue Optimization
Easy report creation
Customizable Reports
Real-time Data Access
Data visualization - choose from various chart types, including bar charts, pie charts, line charts, and more.
Financial Report Builder
Accounting Reports
Data Audit Trails - maintain data integrity, meet compliance requirements, diagnose errors, analyze performance, support legal or dispute resolution processes, enhance user accountability, and gain valuable business insights
Consent and Privacy Compliance
Built-in SSL and Security
Data Access and Permissions Setup
REDA can address the challenges faced by strata councils, property managers, and strata corporations. It streamlines operations, enhances communication, promotes financial transparency, and facilitates compliance and risk management, ultimately leading to more efficient and effective strata property management.
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