Palace: Empowering Property Managers to Excel

We love receiving feedback, the Palace users have shared their thoughts, and it is evident that MRI Palace plays a crucial role in saving time for property managers across various tasks.

Users highlight the efficiency and user-friendly nature of Palace, emphasising its impact on streamlining processes. From generating owner statements and inspection reports to integrating seamlessly with other platforms for advertising and documentation management.

The ability to access all essential information from one centralised location, including property, owner, and tenant details, significantly reduces the time spent searching for data, thereby enhancing productivity. 

Check out how some of the property managers save time with Palace:

Saphire Goldfinch from Comprende explains how Palace saves time in her day:  

MRI Palace is like having a supercharged time machine for property management. With the click of a button, we can generate owner statements and inspection reports, then whisk them off to clients and tenants faster than you can say ‘rent is due.’ We estimate we’re saving at least a few hours each week.

Stacey Tredo from Summit on how she utilises the Palace dashboard, she’s even made a new bestie out of it: 

It is effective to have everything in one place and finding things is easy. Being able to flick from property, landlord and tenant, generating reports and being able to send them directly from Palace is fantastic – saving heaps of time. The doughnuts on the dashboard are your best friend giving you an overview on what your portfolio is doing on a daily basis, and being able to click on one and it takes you directly to that area instead of clicking through heaps of screens to get where you need to go.

Palace users estimate saving significant amounts of time per week, ranging from a few hours to more than 20 hours, by using Palace’s features for inspections, reporting, invoicing, and communication. Additionally, its automation capabilities, such as bulk emailing, rent collection, automated arrears reminders, and reporting, contribute to substantial time savings, enabling you to focus on core tasks effectively.  

The letting agent, Fair Rentals Limited:  

It’s one of the best software we have used in the last 10 years. It’s cloud-based which helps a lot. The client can also check on their own once provided access to the software. Inspection Notifications to Tenants and maintenance are Just a click away. By using the software, we are saving at least 5 to 8 hours a week.

Overall, Palace is recognised as a time-saving powerhouse for property managers, offering many features designed to streamline operations and enhance efficiency, from simplifying routine tasks like rent collection and inspection reporting to providing comprehensive insights and integration capabilities. Many users testify that Palace empowers their property management teams to maximise productivity and deliver superior service to clients and tenants alike.   

Top 8 Features that save Property Manager’s Time 

The top eight features mentioned by users with global time savings for property managers are: 

  • Dashboard Overview: Provides a quick overview of property portfolio performance, saving considerable time in accessing essential information daily.
  • Bulk emailing and templates: Saves hours in your week by enabling quick and efficient communication with tenants and owners.
  • Inspection app: Saves approximately 30 minutes per inspection report, leading to significant time savings over the long term, especially for large portfolios.
  • Automation of invoices: While hard to quantify, it streamlines the invoicing process, saving substantial time on manual invoice creation and management.
  • Rent & Invoice Arrears reminders: Frees up valuable time by eliminating the need for tedious manual checks and communication.
  • Bulk payment uploads: Saves hours by automating the process of uploading and managing bulk payments, especially beneficial for managing numerous transactions.
  • Integration with advertising apps: Saves about 5 minutes for initial listing and 10-15 minutes for subsequent listings, totalling significant time savings, especially for managing large rent rolls.
  • Email integration: Provides a central hub for managing emails, saving time by consolidating all communications within the MRI Palace platform.
  • Custom views and reports: Saves hours by allowing users to generate custom reports tailored to their specific needs, streamlining data analysis and decision-making processes.  

These time-saving features collectively contribute to improving efficiency, reducing manual tasks, and freeing up valuable time for property managers to focus on strategic activities. 

In case you’re still not convinced, Jerram Tuck, Leaders Property Management summed it up in the perfect Kiwi manner:  

Since transitioning to Palace, we’ve saved more time than a Kiwi saves room for another sausage on the barbie, by generating inspection reports through the inspection app. No more scribbling notes on the back of a napkins – just click, input, and presto! Reports faster than a sheep jumps over a fence! Each inspection report generated through Palace saves us approx. 30 minutes. That’s 300 minutes a week, 15,600 minutes a year, and 46,800 minutes over the lifespan of the average property manager in New Zealand (3 years).

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