AVM
Technologies has developed the only property
management software system designed from a user's
perspective, Realwise Professional and Realwise CS/3.
Realwise software uniquely leverages front and back
office workflow principles to deliver the first property
management software that is intuitive to use.
As
a fully integrated solution, Realwise property management
software system meets the needs of many situations
to deliver a real return on investment. Realwise software
features a fully integrated AP, AR and G/L system
and has been fined tuned to handle: multi-family rental
property, commercial property, residential property,
homeowner associations (HOA) and mixed portfolios.
Unlike
other property management software systems that require
different applications for support of different environments,
Realwise Property Management Software is the "same"
application whether deployed on a single user station
or deployed in a standard client server environment.
The Realwise Residential Property
Management module includes features and options related
to the Tenant Profile. Beginning with the Unit
Profile, users can define each rental unit characteristics,
including market rent, unit amenities, physical inventory
and unit types to differentiate between rental income
sources.
Graduated Rents (Rent
Escalations) can be entered at the time the rental
agreement or lease is agreed upon. Realwise provides
for unlimited rent changes during the term of the
lease agreement. Automatic calculations including
CPI, Market and Fixed Rate
increases can be entered with variable frequencies. Leases
can specify any CPI Table from common tables within
the Professional product.
Rent
Receipts are optional, but can be generated
automatically when entering a payment. This
feature is widely used at individual sites to eliminate
the handwritten receipt to the tenant.
Real
Time Search Functions let you find the
tenant or unit you need to process a transaction or
research information about their rental agreement.
All occupants are identified for the search, helping
you locate a unit by name, number or other identifications
specific to your operation.
Late
Notices can be automatically generated
and Realwise Professional will calculate and post
late charges to the tenant record based on individual
unit data. Charges can be assessed across the
property or individually.
Eviction
& Cash Only Conditions can often
be overlooked. With Realwise, the software will
prevent you from accepting payment for units where
you have specified that the eviction process has begun.
Don't spend more on legal costs that you must! Cash
only tenants can also be identified to ensure that
checks are only accepted when you want to.
The
Realwise Property Management software is designed
to provide the user with control over their tenant
or lease records. It delivers the maximum
flexibility for processing daily transactions
while maintaining your tenant and lease databases.
Residential
and Commercial modules are available to handle
simple and complex real estate portfolios.
The software has been designed to accommodate real
estate operations of all sizes. Whether your
operation is made up of one site, a small volume of
leases or rental units or a large inventory of tenants,
properties and companies, Realwise can meet your needs.
A
broad variety of reporting features give you the ability
to track your daily, weekly and monthly activities
with the click of the mouse. A complete
audit trail of your records is always available.
There is no limit to the amount of historical data
you can retain!
Compatible
with Microsoft and other "off the shelf"
products ensures your ability to manage your data
in whatever format you need. Realwise is a true
32 bit product designed with the future in mind.
It can give you instant access
to virtually every aspect of your operation.
Our
customers believe Realwise is the most USER
FRIENDLY software available in the industry
today.
The
Realwise Commercial Property Management module includes
features and options related to the Lease Abstract.
Beginning with the Unit Profile, users can define
each rental unit or suite characteristics, including
square footage, market rents and special lease or
unit types to differentiate between rental income
sources.
Graduated
Rents (Rent Escalations) can be entered at the time
the lease is agreed upon. Realwise provides
for unlimited rent changes during the term of the
lease agreement. Automatic calculations including
CPI, Market and Fixed Rate
increases can be entered with variable frequencies.
Leases can specify any CPI Table from common tables
within the Realwise products.
Renewal
Options
specified in the lease terms can be abstracted
to use as part of the automatic "tickler"
features in the software. With Realwise software,
you know in advance when critical dates are approaching
Insurance
Requirements specified in a lease document
can be specified individually with binder expiration
dates to keep you up to date on your lease and tenant
requirements for coverage. You never have to
be in the situation where your tenant is not protected.
Percentage
Rents are a significant
component of most retail management operations.
Realwise can capture the reported sales and rental
obligations. Compare reported sales from year
to year by sales categories and tenant types.
Analyze sales against national averages to project
income from percentage rents
The
Realwise General Ledger software is a powerful component
of the Realwise family of products. It is designed
to accept information from all other Realwise modules
and organize it into meaningful accounting records,
AUTOMATICALLY, without user intervention.
There
are NO LIMITS to the amount of accounting
history you can retain on your business and property
operations. With Realwise, you have the ability
to maintain books and records for the smallest or
largest of companies, partnerships, properties and
businesses.
Recurring
and Automatic Reversing Entries are
two of the transaction types you can use to reduce
input time and speed up your monthly processing schedules.
Users
can choose to process information in a Batch or
Real Time Posting environment.
With Realwise, you decide what best fits your business
and accounting needs.
Flexible
Reporting Options allow you to selectively
produce any accounting report for a single property
or several at the same time. Choose the time
period you want to see and the report is available
to you "on line".
Financial
Statement Formats can vary in content
and format between entities making Realwise capable
of producing some of the most comprehensive USER DEFINED
reports you might need. Design them once and
save them for your ongoing use.
The
Realwise Accounts Payable software is designed to
give you the utmost flexibility for processing your
invoices and paying your bills. It makes no
difference how few or how many checks you write each
month, Realwise Professional can save you time and
money.
Whether
you use Individual Bank Accounts
for each of your properties, or a combination of a
Trust Account along with other operating accounts,
Realwise can accept the invoices, pay the bills and
write the checks all from the correct location.
Bank
Reconciliation features give you quick
access into the status of your bank information.
"Clear" deposits, checks and other bank
adjustments quickly just before you print your reconciling
report for each bank.
Vendor
Activity reports keep you abreast of
how much you spend with your vendors. You can
choose to look at payments for a single property or
across all properties to measure your potential buying
power with volume purchases or large contracts.
Flexible
Reporting Options allow you to selectively
produce any payables report for a single property
or several at the same time. Choose the time
period you want to see and the report is available
to you "on line". You can even produce
reports for prior periods.
1099
Reporting is easy with Realwise.
Individual vendor records specify the type of 1099
to issue at yearend. Preview reports let you
verify information before sending out final documents.