Importance of Protecting Tenant and Owner Data

We are in the midst of a new digital era that is rapidly changing. We've seen a lot of technological advancement in the previous 10 years or so. Individuals now have access to the private data of the people, and they share their confidential information in previously unthinkable ways. These technological advancements have also enabled public and private-sector entities to gather and exchange unprecedented amounts of citizen data for legitimate commercial goals and make our everyday lives easier.

“As per research, 63% of Americans say they understand very little or nothing about consolidating the laws and regulations currently in place to protect their data privacy.”

As a result, breaching personal data is becoming more common these days. Tenants have to disclose all their information while renting any property. Many property owners are worried about the security of their and their tenant's data. Data may be financially sensitive, including renters' bank statements or financial information to compute benefit payments. So, our Property Management Software For Landlords secures all private data. We believe that automation eliminates most of the daily challenges of property managers by face-saving data by implementing property management software. You can trust our SAAS based property management software solution because it provides:

Information Access In Real-Time

You can maintain all required information on spreadsheets on your laptop, avoid large stacks of paperwork, and prevent yourself from working outside your workplace. You may operate from anywhere at any time using property management software as it is a web-based platform. Data is automatically updated and saved online, allowing you and your renters to access all essential functions directly from their mobile phones.

More Effective Communication

You aren't the one who is in charge of a rental property. Tenants are required to undertake various tasks, such as paying rent and reporting maintenance requests, which take time and require your availability if you are performing them manually. Tenants may log in to their profile and execute all essential procedures online using REDA property management software. By providing tenants with access to a tenant portal, they may record a maintenance request at any time of day and keep track of any updates.

Instant Property Inspections

One of the most time-consuming commercial processes that property managers must deal with is the property inspection. It entails visiting each property one by one, taking down any pertinent information, and then typing it up at the office. Property management software allows you to perform property inspections and produce analytical reports while on the go. You may save a lot of time and ensure that you haven’t missed anything by using inspection templates to create ahead of time.

Reduction of Administrative Work

Manually entering data into spreadsheets is time-consuming and error-prone. It does not provide instant results; you must analyze the data yourself to obtain helpful information, which takes time. Data is automatically updated using property management software. You may produce detailed reports on-demand delivered to restore control of your money and business as a whole.

Protecting critical information

It is critical to saving sensitive information about your clients, such as credit checks and leasing agreements, in every firm. You have the responsibility of keeping them safe as a property manager.

72% of Americans report feeling that most of what they do online or while using their cellphone is being tracked by advertisers, technology firms, or other companies. Another 19% think some of what they do is being tracked. Close to half (47%) of adults believe that most of their online activities are being followed by someone.”

The property management software is helpful because all personal information is saved online safely. It provides data encryption by software development businesses, which makes data even safer.

Analyze data

It is critical for a company's success that its owners make correct, data-driven judgments. When acquired and completed manually, you will be double sure about the safety. All the data you enter into the system is saved with property management software, allowing you to do detailed studies and get insights into your business. Data analysis may help you find inefficiencies and uncover new possibilities.

As you can see, having property management software built and tailored to fit all of your demands may help you enhance practically every aspect of your business, from payment tracking to repair request handling. You gain significant time with automation, which you can now use to build your business.

Why REDA?

The issue of privacy is an important subject. A landlord must guarantee that his tenants have a safe and secure environment to reside. You must, however, ensure that their information is kept secure at all times. Tenants can sue you if there is any data breach. Make sure you're doing everything you can to secure your tenant's personal information. To safeguard your tenant's information security, you can choose us and our property management software - REDA. We handle authentication in a variety of ways, and it may be a time-consuming procedure. However, REDA provides the option of connecting with the customer's identity provider, such as

• Active Directory Via Security Assertion Markup
• Language open authorization
• Open ID connect
• Multi-Factor authentication

REDA has designed document creation and e-signature templates that are fully linked and connected. It helps you to create seamless processes by capturing information from e-agreements and e-signatures. Some primary advantages our customers get on choosing us are:

• Upgraded Security: With security safeguards like automated independent verification, you can check that your papers will reach the proper individuals.
• Simple to use: Users are acclimated to the e-signature experience and prefer the simplicity of signing a document immediately from their phone or tablet, regardless of who they are or where they are situated.
• Keeping track of the workflow: You can easily see who has opened, signed, or approved a document, as well as who is causing delays. Without the physical paper, you'll have a complete paper trail of who accessed the document and when.
• Convenience: Collect signatures and approvals on several papers at once without having to print a single page.
• A more friendly experience: Clients may sign quickly and easily from any location and on any device! Connecting your eSignature solution to your client portal software is essential at a time when clients want real-time access to documents.
• Get paid more quickly: To safely gather all of the information you need to get your clients up and running—including the payment to you—ask for signatures and payment details on the same page.
• Centralized Document storage: Gone are the days of digging through file cabinets, stacks on your desk, or even separate computer systems to find a document. So, now you can organize all the assets in one system. It’s an easy and effective way to make sure you have everything in one place.
• Paper-free Workflow: Generate rule-based documents and customize the e-signature procedure natively.
• Collaboration: To promote collaboration and keep progressing, collect approvals and signatures from various stakeholders in whichever order you desire.
• Spend less: All of these advantages add up to significant cost savings for your company, from reduced paper and printing expenses to reduced time spent signing and collecting money from new clients.

So, without any doubt, REDA streamlines, consolidates, and automates all the activities, including CRM and accounting, to save your time and money and unlock profit potential to the clients.