5 Reasons To Consider Cloud-Based Property Management Software

 October 11, 2023

By  Guy Gray

If there’s one outcome you want to avoid, it’s being obsolete. Just look at all of the talk about artificial intelligence and jobs potentially being replaced. The good news is that there will always be a measure of human touch required for many tasks and employees also have opportunities to prove their value in other ways.

For commercial real estate professionals, one way to ensure you’re staying ahead of the game is with cloud-based property management software. What makes cloud-based software any better than traditional software? When it comes to commercial property management at least, there are a few reasons to consider it. Let’s cover five of them.

1. Ultimate Accessibility

CRE pros no longer have to be confined to a single physical location thanks to cloud-based property management software. With Quarem, in particular, property managers can access their data, reports and tools from anywhere with an internet connection—anywhere and any time, from any device. This flexibility empowers you to handle tasks, address issues and make informed decisions on the go, whether you’re in the office, at home or on site.

2. Easier Collaboration

Property management involves multiple stakeholders, including owners, tenants, contractors, and brokers. Cloud-based software like Quarem facilitates seamless collaboration by providing a centralized platform where all parties can access relevant information. Real-time updates, document sharing, and communication tools enhance transparency, reduce miscommunication, and foster better relationships with all stakeholders.

3. Superior Scalability 

As your property portfolio expands, managing operations can become increasingly complex. Cloud-based property management software is designed with scalability in mind. Quarem’s solution, for instance, can accommodate a growing number of properties, tenants and lease agreements without compromising performance. This scalability ensures that your software remains effective and efficient as your commercial real estate business flourishes.

4. Reliable, Secure Data

It’s a common misconception that cloud-based software is less secure. In fact, in many cases it’s more secure. You’ll be happy to know that security is a paramount concern for Quarem, which is why we prioritize data security through advanced encryption, regular backups and robust authentication mechanisms. (You don’t achieve that by storing everything on the desktop of your computer.) You want your sensitive property and tenant information to be safe from unauthorized access, physical disasters and hardware failures, and cloud-based software lets you do that—all while providing high uptime and reliable performance.

5. Enhanced Analytics and Insights

In the modern real estate landscape, data-driven decisions are essential. Cloud-based property management software offers robust reporting and analytics capabilities that empower property managers to gain valuable insights into their portfolios. With Quarem, you can create centralized dashboards, real-time performance metrics and predictive analytics that enable informed strategic planning and optimization for all of your properties and their performance.

If you’re ready to revolutionize your property management practices, it’s time to explore what Quarem has to offer. Request a demo of our cloud-based property management software today!

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About the author 

Guy Gray

Guy Gray serves as Chief Operating Officer overseeing our technology and client services teams. He is responsible for guiding Quarem application development, networking and security, as well as new client implementations.

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