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Streamlining Accounting and Communication in Community Association Management: A Case Study of North Hillsborough Properties
Applicable Industries
- Finance & Insurance
- Telecommunications
Applicable Functions
- Sales & Marketing
Use Cases
- Inventory Management
- Time Sensitive Networking
The Challenge
North Hillsborough Properties, Inc. (NHP), a professional community management company established in 2008, was facing significant challenges with their accounting and communication systems. After breaking away from a franchise and going independent, NHP signed up with a different software company to manage their operations. However, this decision led to a major mess in their accounting system, with none of their financial statements being balanced. The situation worsened over time, causing a lot of distress for the company. In addition to this, NHP was also struggling with communication. They were receiving service requests through various channels such as emails, calls, texts, and social media, making it difficult to track and manage these requests. The company was in dire need of a solution that could streamline their accounting and communication processes.
About The Customer
North Hillsborough Properties, Inc. (NHP) is a professional community management company that was established in 2008. The family-owned company serves Florida's Hillsborough, Pasco, and Pinellas counties, providing first-class customer service to large and small associations in mid-rise to high-rise condominiums. NHP manages 1,445 doors across seven community associations. The company was initially a franchise of a larger company but decided to go independent two years ago. Since then, NHP has been striving to grow and thrive in the competitive property management industry.
The Solution
NHP found their solution in AppFolio Property Manager, a software designed to streamline property management operations. The implementation process was organized and clear, with tasks outlined for each team member. AppFolio's team took the data and implemented it into NHP's database, allowing them to sign off on everything before going live. This ensured that any issues could be resolved collaboratively. AppFolio helped NHP identify and fix their financial issues, bringing their business back on track. The software also reduced the number of phone calls NHP received by providing homeowners with a resident portal where they could check their payment status. Service requests were also managed through the portal, providing solid documentation and risk mitigation. For communication with the board, residents were required to use AppFolio's portal to submit service requests, which were then automatically tracked and visible to board members. This eliminated the need for NHP to act as the middleman and saved them a lot of time. Financial data was also shared through the portal, providing accurate and timely information to board members.
Operational Impact
Quantitative Benefit
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