Prestige Residential Block Management, PCM Consulting

Prestige residential block management software is simple, intuitive and easy to use, according PCM consulting which developed the package. It provides high levels of automation, with fully integrated financials and workflows. As well as supporting mixed use developments Prestige residential block management software offers integrated AST (Assured Shorthold Tenancy) functionality.

Key features and benefits include:

  •  Automatic generation of rent, service charge and insurance demands for each property in your portfolio, including year end service charge balancing allowance or balancing charge demands for printing or automatic emailing;
  •  Automatic generation of supplier or contractor payments, both by cheque and electronically by BACS;
  •  Quick entry of receipts from lessees, either using the program’s quick entry batch receipt facility or by automatically uploading both receipts and payments directly from Bank statements into the system;
  •  Built-in, easy to use bank reconciliation facility that allows both manual and automatic bank reconciliations;
  •  Recording and notification of breaches , assignments, licences, break clauses , rent reviews, and the automatic application of scheduled ground rent increases;
  •  Facility to scan in or automatically upload supplier invoices directly on to the system.
  •  Automatic generation of client statements and reports
  •  Automatic generation of letters and correspondence including statutory notices, account statements and reminder letters for printing or emailing to tenants and suppliers.
  •  Facility to automatically record emails and documents against records in the system.
  •  Tight control of service charge expenditure through the automatic monitoring of service charge budgets against actual cost with alerts to notify when expenditure exceeds predefined levels.
  •  Automatic upload and creation of new and existing budgets.
  •  Automatic production of year-end financial and accounting reports, recording all transactions during the financial year.
  •  Automatic scheduling of planned and unplanned maintenance, issuing internal Job Sheets and printing or emailing Purchase Orders or Quotation Requests to external contractors.
  •  Management of major works and other projects using Prestige residential block management software’s built in project costing facility.

Prestige residential block management software’s supplier portal allows property managers to efficiently and easily manage planned and reactive relationships with suppliers. The built-in workflow in the software allows managers and staff to assign tasks internally or externally to outside contractors.

Types of client reporting available include:

  •  Financial Statements
  •  Credit control Reports
  •  Payment Control Reports
  •  Client statements and reconciliations
  •  Budget Reports
  •  Management Reports
  •  Forecast Income and cash flow

What information can residents see?

The prestige lessee portal is flexible and is tailored to individual user’s requirements. Information residents can see includes:

  •  Basic account details (read only)
  •  Account balance
  •  Account history
  •  Demands
  •  Statements
  •  Make payments
  •  Notices issued
  •  Correspondence
  •  Notifications
  •  Jobs or Issues raised

If required, leaseholder information can be accessed by Mobile or Tablet and residents can report faults via the lessee portal.

What information can directors see?

The Prestige director’s portal is flexible and is tailored to individual user’s requirements. Information directors can see includes:

  •  Financial statements
  •  Budget reports
  •  Management reports
  •  Credit and payment control reports
  •  Cash flow reports
  •  Notifications

Accounting & Finance

Prestige comes with a fully integrated accounting and finance module:

  •  Automatic generation of all financial and management reports including profit and loss, Income and expenditure, balance sheet and trial balance reports.
  •  Allows entry of nominal journals and other accounting transactions.
  •  Supports full VAT accounting where applicable.
  •  Supports both open and closed period accounting giving users full control over all accounting.
  •  Offers a soft year end close with the facility for authorised users to re-open closed accounting periods if required.

The package supports integration into Sage or any other accounting system if required and holds all insurance and valuations. The system is fully ARMA and RICS Compliant and has a built in diary and reminder system.

Cloud or in-office hosting?

The software supports both on-site and Cloud deployment. In addition Prestige residential block management software can be deployed on a desktop PC, Apple Mac, smart phone, tablet PC and iPad.

What can be automated for the property manager?

Prestige residential block management software is focused heavily on business process automation and automates a great many of the processes and tasks of the property manager. These include the processing of rent and service charge demands, payment processing, workflow processes and year end reporting.

What support is available for property managers from your company?

PCM Consulting offers a friendly and proactive software support service Monday to Friday 9.00am- 5.30am. This support is provided by email, telephone, and remote login. Users can access efficient and effective support logging systems to report any queries.

How is data migrated for property managers new to the system?

PCM consulting offers a quick and efficient data migration service that allows data to be automatically uploaded into the system from Microsoft Excel.

Are additional modules / add-ons available?

Prestige is fully comprehensive residential block management software.

Other modules include:

  •  Credit control Dashboard
  •  Maintenance dashboard
  •  BACS and Direct debit
  •  Report writer

About PCM consulting

Formed in 1996, PCM Consulting Ltd is an established software provider with more than 12 years’ experience in the property management industry and high levels of customer satisfaction. PCM Consulting is a privately owned company with a team of highly motivated and dedicated staff which creates software solutions across a number of different markets.

The success of the company during this period has been due to its focus on innovation and on developing high quality software products with high levels of automation. Its clients have benefited from its solutions and are among some of the most successful companies in their respective industries.

The company continues to grow and prides itself on producing products that are intuitive and easy to use. PCM

Consulting continues to invest heavily in research and development and has its own software development frameworks and platforms, which allow it to rapidly build new innovative software products within a robust and flexible development framework.

For more information contact Salia Sheriff 0203 474 0574 / 07949 315 812