Today’s modern society needs modern solutions for its proper management, which can replace human efforts. Any cooperative society or housing society needs a hassle-free and efficient society management system for managing its day-to-day activities which can even manage society’s accounting work.
Using society managing software is the one-stop solution for all worries faced in managing any cooperative society, apartment, or residential complex. Society management software works like a web-based platform which makes the work very easy for any cooperative society, apartment, or residential complex. Every good society management software gives complete assistance in managing society accounting such as billing, staff wedges, and sales purchases management. In this article, readers can take a deep dive into society accounting software.
Previous existing systems in a housing society
Housing societies work on conventional methods, they do all their work manually. Progress of the complaint is very slow. Necessary steps take time to apply to complaints. Also, the members of every society are not aware of houses that are available for sale/rent. That’s why a needful person never gets it. By using the conventional method society member miss their maintenance payment date and then they have to pay the penalty. A society system Software provides a notification system using that no one will miss the due date of payment of maintenance. Also system provides property details, by using which everyone can get information about the property status.
Purposed a new software system
In the new proposed software system, all drawbacks are released in one single Android application. Android was chosen because it is the most popular platform and more user-friendly.
- Efficient Auditing
In a new software system, all the auditing will be done on the backend and the final amount in the society fund will be displayed. The only input will be the maintenance amount paid the amount was withdrawn and the defaulters list will be displayed ensuring complete transparency.
- Parking availability display
In a new software system parking slots available will be shown and booked slots will be filled for easy understanding.
- The virtual notice board
A new software system will be implemented so that notice can be used from anywhere & will be available to everyone having the application. Two different logins will be provided to ensure the authenticity of the Notice. This will also make the entire process paperless.
∙ Alert Button
In a new software system, There will be an Alert Button implemented that will notify all the system users about any emergency/catastrophe. In the building society.
Others key features
- Society billing and income tracker
Every society member should go for a full-fledged society accounting softwarethat can automatically generate invoices against each flat, and manage payments such as maintenance charges, electricity bill charges, water charges, service tax calculation, and federal tax liabilities all with ease.
- Bank account and cash management system
Every society management system module must keep track of several bank accounts your society deals with. Whenever any society member transfers funds from their Bank Account, the software should be able to automatically detect the transfer. Also, it should allow society members to manage several petty cash transactions.
- Direct and indirect expense management
Expense management and variance tracking systems are crucial for direct and indirect expenses both. When some society members buy a comprehensive society accounting software make sure that the module is easy to use and offers Budgeting for selected expense heads, along with allocation tracking and variance tracking.
So, carrying society management tasks manually always piles up every society person over time. So why not take the help of technology that can make your society operations simple, effective, and easy? Society management software is an ideal investment as it reduces your workload and allows you to focus more on other productive things.
- Complain/suggestion box
Member can report their complaints and suggestions using the system interface. Admin and secretary have the authority to reply to complaints. User can track their complaint using the system interface.
- Annual report generation
Record and track all the expenses of society, record of description of expenses, date of expense, and total amount. Upload a list of expenses in an Excel sheet format. Prepare an annual expense report. Based on the expenses report make a society fund report.
Conclusion
The software system helps house owner sell or rent their houses. Also, the system manages online maintenance payments for the society residents. There is no need to meet the society committee personally because every resident can check the annual budget report and expense report online. Resident can report their complaints via this system and also they can track the progress of their complaint. The entire solution will provide a hassle-free, user-friendly affordable communication platform to develop healthy relations between hosing society members and a smarter way of interconnectivity.
