Village Management Software (or VMS) is a comprehensive property management suite. Instead of the all-in-one systems offered by other companies, Village Management provides a series of applications that encompass everything you need to manage your own HOA. This includes building assessments, maintenance contracts, budgeting, and financial management, communication tools, and integrated real estate and data management. This is by far the complete property management system available.
Every year property managers and HOA trustees scramble to figure out how to handle end-of-year budgets and meet their financial obligations. With so many responsibilities, it is easy to miss some of the important deadlines. Still, with the help of a reliable accounting program and quality village management software, you can easily track your expenditures and work as a single unit. Many of the best property management companies offer free online audits that allow you to track your expenses over a certain time frame. Many village management software packages also come with financial review reports that allow you to look at end-of-year audit results and see if any areas weren’t appropriately managed.