IDprop provides comprehensive Property Management that is simple, quick and intuitive, leading to significant cost savings. It automates workflows, reduces multiple internal and external fraud risks, integrates security, internal controls, permissions and access management.
Coverage includes: Leasing, Accounting, Automated Fees and Invoicing, Online Payments, Arrears Management, Maintenance, Compliance, Operations, Inspections and Appraisals. The suite also includes a CRM for Lead Management and handles Vacancies, Bookings, Tenant Progression, Background Screening with Biometric Identity Verification, E-Signing, Contracts, as well as separate Dashboards for Property Managers, Owners, Concierge, and Tenants.
It handles single and multi-tenanted properties, single owners and multi-owner properties, as well as partial payments.
Sector coverage is comprehensive and includes the full spectrum of Property Management: Self-Storage, Residential, Single & Multi-Family, Affordable Housing, Community Associations and Student Housing. Commercial Property will be added shortly.
Examples of Fraud Risk Mitigation:
* Registered suppliers might collude with staff to raise the price and split the difference
* Staff might add fake properties, fake owners and use shell companies to wire out funds
Our Solution
* Suppliers fixed and hourly rates must be pre-approved before jobs are offered
* Spare part pricing must be approved before a job proceeds
* The property manager is only shown the 3 lowest cost bids
* Supplier invoices are automated using system pricing
* Only someone authorized may add new clients and approve new properties
* Staff claiming commissions (rentals or sales) only state property/storage unit and effective date. They cannot enter sales or rental price in an attempt to inflate earnings
Primary Features
IDprop provides a comprehensive, cloud-based property management solution, covering:
7 Real-Time Dashboards
* Separate Dashboards for Property Managers, Owners, Concierge, and Tenants
* Real-Time Charts & Data
* Includes useful alerts such as arrears, compliance notices, emergencies and messages
Finance & Payments
* Accounting (Journal, GL, AR, AP, Trial Balance)
* Automated Fees: Assign fees and taxes automatically
* Automated Invoicing & Reminders
* Online Payments
* Arrears Management
* Transaction Management
* Commission Management
Leasing & CRM
* Vacancy Management & Bookings
* Lead Management
* Tenant Progression
* Background Screening
* Biometric ID
* E-Signing (Rentals and Client Onboarding): More secure than competitors as contracts are not e-mailed with links. External e-mail is insecure. Should an external e-mail be intercepted by hackers, this would disclose personal information of all signers. Our contracts are only available inside our secure portal
* CRM: Access lead and client data easily
Communication
* Secure (Encrypted) Messaging: Each platform user can message other "connected users" (property managers, tenants, owners, suppliers, community managers, concierge) real-time with Inbox, Sent Items and Message Threads
* Streamline communication and remove redundancy
Maintenance
* Automated Workflows
* Fraud checks to prevent collusion and bribery
* All fees and materials pre-approved
* Automated bookings, scheduling and supplier invoicing
* Ratings and feedback
Compliance & Operations
* Compliance: Automated reminders of expiring certificates and warranties
* Inspections: Automate check-in and check-out inspections and reports
Appraisals
* Value and short-list deals (self-storage/commercial)
Security
* Secure 2-Factor Authentication (2-FA) App: The PIN is neither transmitted nor stored. If a device is lost or stolen the PIN fails after a few incorrect attempts
* All sensitive and identifying data is encrypted using AES256-Bit encryption
Competitor Differentiation
* Fraud Mitigation
* More Secure Login, E-Signing & Encrypted Messaging
* Automated Invoicing
