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Rent Magic Software: Commercial and Residential Property Management Software

Complete and Effective Software Solutions
for the Property Management Industry
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Hosted Software Solutions

 

Essentially, a hosted solution provides all the usability of the program, with the only difference being that you are working off the software company's resources rather than your own. All the equipment you will ever need is a good computer and reliable internet. A good example of a hosted system is Hotmail, Yahoo Mail or Gmail. When you log on to view your email, you are accessing their systems and programs remotely to be able to send and receive emails. By Yisrael Kopstick

With the advent of high speed internet and powerful network capabilities, it has become more common for software companies to offer hosted solutions to their clients instead of making them buy their software outright. Essentially, a hosted solution provides all the usability of the program, with the only difference being that you are working off the software company.s resources rather than your own. All the equipment you will ever need is a good computer and reliable internet. A good example of a hosted system is Hotmail, Yahoo Mail or Gmail. When you log on to view your email, you are accessing their systems and programs remotely to be able to send and receive emails.

As with many new technologies, many have formed opinions about hosted services and may have been turned away by unwarranted fears. This article addresses these ideas and hopefully dispels a few myths to help you make an informed decision.

With a hosted solution, figure on paying a yearly subscription versus buying the software outright. However, consider that buying the software upfront means paying many times the amount of a yearly subscription.

If you are leaning towards buying a system versus hosted, consider this. You may own the software; however, you now need to maintain it. This will include keeping on top of security, data back up and upgrades. This may necessitate hiring IT personnel, something that can quickly become very costly.

Another thing to be mindful is that many software packages today, even though the data is on your system, is licensed year-by-year. If you do not renew, you will be locked out even though you have all the data in your office.

With Rent Magic's hosted solution, security, remote secure data backup, program updates and support are bundled into the subscription charge. This package is designed to give business owner and employee alike, the peace of mind to run their business and not have to worry about the technology they run.

An additional feature using ManageUDA Online can potentially be huge to the business owner: Remote Access. Because all the company.s info is stored in a central location, you can access this info from anywhere in the world. Depending on the permissions set by an administrator, employees can input rents and payables, owners can look over up-to-date reports and vendors can even submit invoices. See our article ManageUDA - Fresh Thinking and Design for more on this feature.

For those concerned with the reliability or speed of their internet and who want their data to remain on their own servers, Rent Magic Software also offers another hosted service that allows for the data to remain on your premises. Rent Magic installs a remotely managed server within the client's building to allow for greater speed and reliability through the company's own intranet. This option allows for the best of all worlds: speed, not having to worry about internet reliability and you still have ManageUDA's remote access.

The potential of hosted services around the world has yet to be realized. However, you don.t need to look far to access some of the best technology available. With Rent Magic.s ManageUDA Online, you are getting the best property management software, technology and reliability. Contact us for a free assessment and price quote today.

Yisrael Kopstick is Senior Vice President of Rent Magic Software, a Toronto-based software company that develops cost-effective property management solutions that are powerful, yet easy to use. Their website is http://www.rentmagic.ca.

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