For many traditional estate agents still relying on manual administration, preparing annual statements of accounts can take weeks and involve extensive paperwork and document tracking. Increasing property compliance requirements are becoming more demanding and closely monitored, making it both time-consuming and costly to stay compliant — with the risk of even greater costs if requirements are missed.
EchoPMS property management software simplifies the creation and delivery of periodic and annual financial statements in just a few clicks. Compliance records and property documents are securely stored against each property, allowing managers to quickly access required information, reduce administrative workload, and maintain full regulatory compliance.
