BusinessBusiness

The Impact of Technology in Strata Management for Efficiency

The world of strata management is ever changing and technology has been a driving factor in its innovation. The strata managers are able to streamline operations and improve efficiency as a result of this.

There are many industry specific software used by Body Corporate South Yarra to help them in their day to day management operations. There are cloud based task management systems that will provide the strata managers with a central platform to track requests, assign different tasks and monitor their progress; all of this will be done in real-time. Traditional methods for this can be very time consuming. Manual processes are used to manage requests, tasks and maintenance schedules which can take up a lot of effort and time.

But technology has freed up more time for the strata managers so that they can able to focus on core responsibilities of the strata property. The residents and property owners will be able to submit request though these user-friendly systems so that there is a seamless channel of communication between them and the strata manager. This makes it easier for the strata manager to prioritise tasks and allocate resources. They will also make sure that all issues are resolved in a timely manner. The cloud based systems are also very accessible and allows for collaboration. It is great for maintaining transparency of strata management.

There are many different industry specific software

That are used by strata managers. This allows them to address the unique needs of a strata scheme. There are many challenges that come up with managing shared spaces. But with the help of these platforms, the strata managers can keep up with finances of the property and organise meetings, communicate with stakeholders etc. Routine tasks can be automated thanks to technology and this can reduce the manual workload on the strata managers. This also reduces the likelihood of errors. You can use these systems for financial reporting and collecting levies. There are also additional features such as integrated owner portals so that information can be accessed by the residents and the owners. This maintains transparency when it comes to meeting minutes, financial statements etc. They will be able to keep updated with community announcements and upcoming maintenance.

Technology is also instrumental in maintaining detailed records

Instead of paper based record keeping systems, the strata managers can use digital solutions so that records can be stored and accessed in innovative ways. A centralised digital repository can be created so that you don’t need to worry about having physical storage. This will also increase the security for the documents and you will be able to quickly retrieve an important document. The information can be organised as well so that strata managers can find it easily. Technology also provides strata managers a way to communicate easily with the property owners and the residents. There are also automated communication features that can be used so that everyone can keep up with important updates and emergency alerts.

LaviniaGould
the authorLaviniaGould