On the best day, successfully managing commercial properties takes expert-level knowledge, skill, attention to detail, and a lot of time. The last few months have added additional challenges as local and national economies have felt the impacts of the coronavirus pandemic and managers and tenants have had to address falling revenues and uncertainty.
When faced with these very modern problems, it helps to have modern technology tools. Entrata Commercial™ offers technology built on a single platform that helps to automate time-consuming tasks, improve efficiency in lease management and rent transactions, and introduce the kind of flexibility needed to address current challenges with tools like rent repayment agreements.
Entrata Commercial’s toolset includes pools and reconciliation functions for NNN charges, lease abstracts to add clarity with lease terms, the ability to customize and schedule future charges, and robust accounting and reporting to put real-time business intelligence data in the hands of decision makers.
Add to all this the TenantPortal, which facilitates transactions between tenants and property management professionals within the context of social distancing. When facing modern problems, commercial property managers need modern tools. Entrata Commercial became generally available earlier this year, and honestly, it’s not a moment too soon.
Learn more or request a demo at entrata.com/management/entrata-commercial.