Infor Property Management (ASMI)
5 Reviews 4.5/5 ★ ★ ★ ★ ★A property management accounting software featuring portfolio reporting, budgeting, and lease administration tools.
Product Overview
Infor Property Management, also known as ASMI Property Management, is a property management solution designed to streamline the management of commercial and rental properties. It offers features like development management, tenant and lease management, and web portals for residents. It also includes financial reporting, making it a versatile tool for property owners and managers looking for an all-in-one solution.
This cloud-based software can be accessed through the QuickTask mobile app for on-the-go operations. It works on Android and iOS operating systems.
Pros
- Dashboard is customizable
- Easy to access and user-friendly interface
- Wide range of PDF reports
Cons
- Some users have reported a lot of set-up is necessary to function
- Maintenance plans are high cost
- Exact pricing details unavailable from the developer
Target Market
Small to large businesses in property management with over 50 employees and annual revenues exceeding $5 million.Key Features
eFinancials - Property Management Accounting
eFinancials is a web-based accounting solution for real estate asset management. It supports both cash and accrual-based accounting and allows different accounting periods for various entries. The system enables detailed data analysis down to the transaction level and includes property management-specific reports with customization options.
ePO - Budget Control
ePO centralizes and controls on-site expenditures, preventing overruns by checking against budgets and user spending limits. It also verifies funds before generating purchase orders or invoices and integrates with invoice management for bill payment processing.
ePortfolio - Portfolio Reports & Alerts
ePortfolio Reports enhances Microsoft Excel’s capabilities for financial and operational data analysis. It allows real-time data reporting from eSite and eFinancials, with user-defined reporting and automated report generation and delivery.
eSite - Commercial Operations
This module automates lease administration and accounts receivable processes for commercial properties, interfacing with eFinancials. It handles leases for industrial, retail, and office portfolios with lease profile setups and tenant billing screens.
Lease Administration Tools
- Interface for detailed lease data capture, including insurance requirements, memos, renewals, and rent escalations.
- Flexible processing of recurring and one-time charges with Microsoft Word mail merge for invoicing.
CPI Increase Escalation Billing
- Automates rent increase calculations based on the Consumer Price Index.
- Manages base year, roll forward billing periods, and flexible billing frequencies.
- Stores values in multiple CPI tables with a one-time lease escalation formula setup.
Percentage Rent/ Retail Sales Reporting & Billing
Tracks retail gross sales and automates percentage rent billing reconciliation.
Flexible CAM Recovery
Calculates and automatically bills CAM prepayments and reconciliations through lease-level data entry screens.
eSite - Residential Operations
eSite provides centralized control and automated task management for residential properties. The browser interface is intuitive, supporting various property management tasks and linking to move-ins, transfers, follow-ups, and pending applications.
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User Reviews of Infor Property Management
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- Real Estate
- 1-10 employees
- Annual revenue $0-$1M
It was the class of the group of options I looked at
Of the handful of property management solutions the recommendation service provided to me, this is the one I pursued the most. I was thoroughly impressed. It was the class of the group of options I looked at. We had some internal issues which prevented us from moving forward with the options which was unfortunate, as this was the clear-cut winner. I would highly recommend it.
- Construction & Engineering
- 11-50 employees
- Annual revenue $1M-$10M
It was more involved than what we anticipated
I purchased the software a few months ago. It has been a process.
Pros
I have nothing that stands out as of yet. I'm still working with it.
Cons
In my opinion, there has to be an easier way to do this. It's a very tedious program. It requires a lot of set-up. All the way down to creating invoices and financial statements.... there is nothing done for you. It was more involved than what we anticipated.
Infor Property Management Review
I want you to know how much we value this software. Having AMSI is like an insurance policy; we know we will be able to accomplish our goals.
Infor Property Management Review
This past year we updated from DOS to a web-based application and went through this upgrade seamlessly. The web-based application has created additional efficiency as opposed to the DOS software. I am extremely satisfied with the AMSI software. I highly recommend it for all your software needs.
Infor Property Management Review
We started out using the DOS based software from AMSI which was a very good product for us until we started branching out and acquiring multi-family housing outside of Tuscaloosa. We quickly found out that it was a nightmare to manage our properties using the old DOS based software. We looked back once again make our decision and settled on the internet based software AMSI. Over the years we have been provided excellent service from the support staff.
