Innovation and Technology
We constantly explore new technologies and innovations which can improve the way we manage HOA’s. We implement these innovations on both a business level and also for our individual HOA’s.
In 2022 we overhauled our entire accounting software platform to move from a server base system to CINC System’s professional HOA accounting system. This system fully integrates with our online banking partner Alliance Association Bank (AAB). The CINC system includes their Webaxis online portal, which combines the CINC accounting database with a very robust owner and board portal.
The Webaxis portal allows owners access to real-time account payment information and an easy way for them to make online payments directly to AAB. In addition, they have access to an opt in owner directory, and all the HOA’s governing documents, meeting minutes etc.
Board members have additional features on Webaxis, like real-time association A/R data as well as comprehensive monthly financials on their portal.
Our team of managers uses the CINC Manager App to gain access to the homeowner information from our CINC system on their phones.
Our new Blue River Property Management App, allows every owner to access the same information they have via Webaxis, now on their phone.
Innovations and technology are also being implemented on an association wide level. For one HOA with individual in-unit hot water heaters, we implemented the installation of new Water Sensors and Automatic Water Shut Off’s in each boiler room. This will reduce the potential for hot water heater leaks and floods from unit to unit.
We’ve also installed new efficient heat tape controls for one HOA that changed the entire system from an ON/OFF seasonal switch, to one completely based on temperature sensors on each building. The system automatically turns on or off separate areas of heat tape based on the specific parameters for each building.
This has helped save thousands on their utility bills each year and improves on our environmental sustainability goals.