How to Choose The Best Property Management SoftwareAt Tokeet, we understand the challenges property managers face in today’s competitive market. That’s why we tailored a simple, but ultimate solution for short term rentals that will revolutionize your approach to hospitality. A channel manager needs to offer a comprehensive suite of tools and features, to empower property managers to take control of their operations and achieve unparalleled efficiency. 

With so many choices out there, it’s important to look for ease of use, and to ensure that the features are tailored to your needs, scalability, pricing, and support. Also, consider how often the company is enhancing their products and keeping up with new technology.

Investing in the right property management software (PMS) isn’t just about streamlining operations; it’s about unlocking growth opportunities and driving profitability. 

Here’s what you should consider:

  1. Time and Cost Savings: By automating repetitive tasks and streamlining processes, property management software saves your time and reduces operational costs, allowing you to focus on strategic initiatives and growth opportunities.
  2. Improved Guest Satisfaction: Enhance the guest experience with features such as online payment, automatic messaging for higher customer retention rates and higher referrals.
  3. Value for Money: Consider the total cost, including initial purchase, subscription fees, support, booking commissions, and additional charges. A good PMS offers value for money, providing essential features and support at a reasonable cost.
  4. Scalability: Choose a PMS that grows with your business. Consider its capacity to handle increasing properties and guests, ensuring it can accommodate your business’s growth without the need for frequent system changes.
  5. Flexibility: A flexible PMS adapts to changes in pricing strategy, guest preferences, and market demand. Customizable features allow you to tailor the system to meet your unique business requirements without compromising essential functionality or user experience.
  6. Data-Driven Decision Making: Access to real-time data and comprehensive reporting enables informed decision-making, empowering you to optimize property performance and maximize returns on investment.
  7. Enhanced Portfolio Management: With centralized property data and robust analytics, you gain insights into your portfolio’s performance, allowing you to identify trends, mitigate risks, and capitalize on growth opportunities.
  8. Competitive Advantage: Stay ahead of the competition by leveraging cutting-edge technology to deliver superior service and efficiency, positioning your property management business as a leader in the industry.
  9. Ease of Use: Your PMS should be user-friendly and intuitive, regardless of your technical expertise level. It should enable easy integration. Choose a PMS that works for you, not against you.
  10. Integrations: Ensure your chosen PMS integrates seamlessly with other tools such as listing platforms, pricing software, and payment processors. Integration streamlines operations, enhancing efficiency and productivity.
  11. Onboarding: A dedicated onboarding specialist ensures a smooth integration of the new system into your property management operations. Personalized training, account setup, and data importation maximize the system’s potential, leading to improved efficiency and increased revenue.
  12. Customer Support: Investing in a PMS is an investment in your business’s future success. Accessible and reliable customer support provides peace of mind and efficient issue resolution. Expert assistance ensures you maximize your investment.

Not all Property Management Systems (PMS) are created equal, and choosing the wrong one could prove costly. It’s crucial to select a PMS equipped with essential features to streamline operations and meet business objectives.

What are the leading features of property management software:

  1. Centralized Management: Manage all your tasks and activities from one centralized platform. From booking inquiries and reservations to guest communications and payments, everything is seamlessly integrated, eliminating the need for multiple tools and reducing the risk of errors. It helps perfectly synchronize your calendar, and inbox with all integrated channels.
  2. Automated Workflows: Say goodbye to manual tasks and repetitive processes. Channel manager needs to automate your everyday tasks, from email communications, invoicing, booking to cleaning schedules. It saves time, ensuring consistency and accuracy across all operations.
  3. Dynamic Pricing Optimization: Advanced algorithms provide insights into rental industry trends, occupancy rates, and competitor pricing instantly. This helps property managers maximize revenue and occupancy potential while remaining competitive in the market.
  4. Website Builder: Get a professional website in just a few clicks and under one minute! Stay away from complicated and costly website maintenance. Website builder needs to help you drive more direct booking, increase your rankings, and build your brand. 
  5. Channel Management: Connect your property management software with leading vacation rental platforms like Airbnb, Vrbo, Booking.com, and more. Streamline your listings, synchronize availability, and update rates across multiple channels in real-time.This ensures maximum visibility and minimizes the risk of double bookings.
  6. Comprehensive Reporting and Analytics: Property Management Software has to provide detailed reports and analytics on key performance metrics such as occupancy rates, revenue, and guest demographics. This way you can identify trends, track progress, and make strategic adjustments to optimize your business.
  7. Exceptional Customer Support: Choose Property Management Software that offers full 24/7 support, guiding you through every step from onboarding to ongoing optimization. We are committed to your success and we guide you through innovations that make a difference.
  8. AI-Response Assistance: Enhance guest communication by handling simple and more complex guest queries, process bookings, and even provide personalized responses, all in a fraction of the time it would take you.
  9. Online Documents Maintenance: Streamline your rental agreements with ease. Our online signature tool allows you to send documents to tenants for electronic signing, eliminating the need for printing, scanning, and mailing.

 

Grow Your Bookings With Ease

Tokeet is not just another property management tool – it’s a game-changer for property managers looking to elevate their business to new heights of success. By leveraging its innovative features and robust capabilities, property managers can streamline operations, maximize revenue, and provide exceptional guest experiences. 

Compare Pricing and Value For Money

Of course it is important to evaluate the benefits and value you are getting in return. We promise you that we can offer one of the most competitive pricing options available in the market, with the full channel manager potential. Discover the exceptional value of Tokeet.

Ready to unlock the full potential of your rental business? Join our satisfied Tokeet customers today and grow your vacation rental business.

It’s easy to get started.

Sign up for a free trial of Tokeet today and experience the difference for yourself!