Property Solutions' Entrata Pilots Successful Beta Program Across 40+ Companies
March 15 2013
New property management software launched across select NMHC Top 50 companies
Lehi, UT --March 15, 2013-- Property Solutions, the multifamily industry's only comprehensive single-platform technology provider, announced the successful implementation of its Entrata property management software across 40+ companies, including several of the NMHC 50 largest U.S. apartment managers. Considering the restrictive integration practices and limited interoperability of existing software providers, this milestone marks a significant step in the future of seamless, open technology in the multifamily industry. Now available through free, self-provisioned access, Entrata has achieved groundbreaking developments to its general ledger (GL) account structure which carry broad implications for industry technology.
"Entrata encompasses all the benefits Property Solutions has to offer, under one platform, with one login, and on any browser," said Mary Rose Pukas, Senior Vice President of IT Operations at Westover Companies, a 10,000-unit portfolio and one of Entrata's original alpha clients. "The ease-of-use throughout the software--anywhere from website management on ProspectPortal, to online leasing through Lease Execution--is even greater than we had envisioned. However, we recognize the greatest value in Entrata's flexibility, and how it allows us to decide our own course and adapt the product for our specific needs." Entrata has seen broad implementation in communities across the U.S., and is set for even greater expansion as the product now moves to open beta. Additionally, small portfolios can instantly launch self-provisioned access to Entrata without charge at http://propertysolutions.com/property-management-software/entrata/.
The recent release of the product's new GL account structure grants users greater flexibility over their companies' financial reporting and chart of accounts. "Entrata features a unique 'drag and drop' function and intuitive totaling capabilities that make it easy for anyone to compile custom financial reports, regardless of whether they have a background in accounting or technology," said Sara Sharpe, Vice President of Accounting for Entrata. "This new structure also supports system-wide reporting across multiple chart of accounts within individual companies."
"Down to its core framework, the technology behind Entrata has positioned Property Solutions to truly revolutionize the industry," Sharpe went on to say. "The new GL structure is the first of many improvements that will place Entrata as the quintessential property management software."
One of the greatest benefits that beta clients have experienced is the robust, seamless interaction that the Property Solutions platform provides with the core Entrata accounting and leasing data in place. All management tasks are accessible through a single login-in, within a single dashboard. "That's why Entrata is so powerful," said Chase Harrington, Property Solutions Executive Vice President. "From the small owner/operators to the NMHC Top 50 companies, clients universally value the freedom to accomplish their specific operational needs through technology that's open and accessible."
Property Solutions' Entrata offers companies a unique value proposition including:
- Open API
- Browser/Device Agnosticism
- Intuitive Interface
- Open Architecture
- Single Database
Property Solutions will continue to offer the core Entrata product at no cost. "We founded Entrata on a freemium model and we're committed to upholding zero licensing fees and integration fees in order to elevate the market to its full potential," said Harrington. "It's what our industry needs in order to help eliminate extraneous software costs, level the playing field, and empower clients to explore new avenues of advanced technology." Those interested in learning more about Entrata are asked to visit http://propertysolutions.com/property-management-software/entrata/.
About Property Solutions
Founded in 2003, Property Solutions is the only single-platform property management software provider with a comprehensive, cloud-based product suite. Offering a wide variety of online tools including websites, mobile apps, payments, lease signing, accounting, and resident management, Property Solutions' robust technology platform currently serves more than 20,000 apartment communities nationwide, including 28 of the NMHC Top 50 Largest Managers. Property Solutions' open API and superior selection of third-party integrations offer management companies the freedom to choose the technology and software that best fit their needs. For more information, go to http://www.propertysolutions.com.