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Buildium > Case Studies > On the Mark Management's Expansion Leveraging Buildium's IoT Solutions
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On the Mark Management's Expansion Leveraging Buildium's IoT Solutions

Applicable Industries
  • Equipment & Machinery
  • Finance & Insurance
Applicable Functions
  • Maintenance
Use Cases
  • Inventory Management
  • Time Sensitive Networking
The Challenge
On the Mark Management, a family-run business, was faced with the challenge of expanding their portfolio without becoming overwhelmed and inefficient. The founder, Mark Liberman, had the opportunity to take on a new 212-unit property, but he realized that any significant growth would necessitate a robust software solution that could handle the increased workload and save the company valuable time. The challenge was to find a platform that could meet the company's financial and logistical needs, from monthly reporting to accounting and payment processing, while preserving the personalized touch that set them apart.
About The Customer
On the Mark Management is a family-run business that manages associations, multifamily, and single-family properties. The company was founded by Mark Liberman and has been a Buildium customer since 2012. The company prides itself on its personalized touch and ability to listen and solve problems for their customers. Despite the challenges of growth, the company has managed to expand its portfolio to 18 properties and 2,800+ units without feeling overwhelmed or losing its unique customer-centric approach.
The Solution
Mark Liberman's son, Jaspur, recommended Buildium, a platform that could meet the business' financial and logistical needs. On the Mark Management began to streamline their entire approach to management, testing features like ePay, Tenant Screening, and Maintenance Request Tracking offered by Buildium. The new accounting tools reduced the time spent on opening envelopes and processing checks. The ePay feature made it easy for residents to make online payments, saving the company even more time. Tenant screening tools allowed the team to process crucial information on applicants quickly, ensuring they never missed out on attracting their ideal residents.
Operational Impact
  • The implementation of Buildium's solutions has significantly improved the operational efficiency of On the Mark Management. The company has been able to expand its portfolio without feeling overwhelmed, thanks to the platform's ability to handle the increased workload. The use of ePay has made it easier for residents to make payments, leading to time savings for the company. The tenant screening tools have streamlined the process of gathering crucial information on applicants, ensuring the company never misses out on attracting ideal residents. Despite the growth, the company has managed to maintain its personalized touch, which sets it apart from competitors.
Quantitative Benefit
  • Expanded to 18 properties and 2,800+ units in the first few years of using Buildium
  • Operations in the receivables department became 2x faster
  • 350+ new renters started using ePay

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