Society accounting software

Posted by AddaSoftware on July 6th, 2022

A community can only be as strong as its accounting and financial backbone. As a property manager, or as an association member, your responsibility is to ensure the financial stability of your society. A trusted society accounting software can help you manage your finances and create stable, thriving communities.

We'll show you how to improve your community's financial situation and explain why it's important to invest in industry-leading software like ADDA ERP.

Why Society Accounting Software Is Useful

A property that does not have an accounting system is likely to lose its value and money over time. This is why simple, yet powerful accounting software for society can prevent this:

1. 100% automatic maintenance billing and collection via a payment gateway ensures fast collection with minimal admin cost and maximum bank interests.

2. An interface for facility managers allows you to keep track of common assets and preventive maintenance, saving you money on repairs and breakdowns.

3. Expert guidance is built into the product to prevent tax blunders , saving you huge penalties on taxes.

4. The app allows residents to report security and repair concerns instantly, saving them huge costs in the future. enables residents to report any issues or security concerns immediately. This reduces the possibility of costly repairs in the future.

The Advantages of Using ADDA's Robust Society Accounting Software

 Functionality and Usability of Society Accounting Software

How well everyone can use the accounting software in a community determines its success. Residents, managers of apartment associations, community managers, accountants, auditors and others are all stakeholders. ADDA provides custom-made products to meet the needs of each member of your community.

The ADDA app is available for residents. The ADDA Admin App is available to property managers and MC members. It's intuitive and user-friendly. The ADDA ERP is available to accountants and MC members, while security personnel can use ADDA gatekeeper.

ADDAERP is easy to use. The interface is simple and intuitive, so even lay people can use it. These are just a few of the unique features of ADDA society's accounting software:

• Automated late payment penalty 100% with protections against legal disputes

• Due to the highest volume of transactions, 100% integrated payment gateway charges the lowest transaction fees on the market

• Automated GST calculation

• Best practices worldwide for facility management

Ecosystem

ADDA boasts a wide-reaching, thriving product ecosystem. You have a high chance of finding an accountant or manager who uses ADDA ERP, as they are the most popular users on the market.

ADDA also nurtures the community accountants and managers who are experts in Owners Association Management.

Innovation

ADDA believes in continuous innovation. We are constantly developing viable products that can be tailored to the needs of gated communities. Our society accounting software ADDAERPH0_ may be chosen by communities. Then, they can use ADDA Gatekeeper to manage their gate. ).

ADDA's One app One Database gives you efficiency as a property manager, or member of an association. It also makes community management a collaborative experience.

Track Record Adda and its Society Accounting Software

ADDA's 13-year track record and global reach in five countries prove that we live up to our motto "Rise high". We are proud to be the best social accounting software in our industry and strive to continuously improve our culture.

Do you want to learn more about how you can serve your communities? Visit our website!