What is HOA Software?
An HOA software is a package or platform dedicated to helping homeowners associations manage various aspects of their operations.
Typically HOA software either focuses on managing a specific aspect of HOA’s operations – accounts, scheduling, payments, CC&R enforcement, and so on. But the software can also consist of a whole range of different modules that help with various HOA’s processes. We refer to those software packages as the all-in-one HOA management software.
Why Use HOA Management Software At All?
The simplest answer is because it can take a lot of work off your plate, of course. But that’s not all. So, below, we’ve listed other key benefits of implementing software solutions to help run your HOA.
- HOA software can help streamline practically all of your processes. Various self-managed HOA software packages can help you manage all the documentation, issue CC&R violations reports and violation letters, accept payments, manage the books, and so much more. And because the software does many of these automatically, it frees your time to focus on other aspects of the HOA.
- With HOA software, you can manage your homeowners or community association from anywhere. Practically all solutions on the market today are web-based, meaning that you can access the data from any computer or even mobile phone with a dedicated app.
- Having a dedicated HOA software means that all documentation and data relating to your association is now in one place. All key stakeholders will have access to it, often through a mobile app, meaning better accountability for everyone involved.
- Your data is also more secure when it’s stored in a cloud-based system, as opposed to residing on a single computer or as hardcopy in a bunch of folders.
- The software can significantly improve internal and external communications. Part of this comes from the fact that all the data is in one place. It’s much easier to make decisions and reach consensus on various issues when everyone has access to the full information on a subject matter. But similarly, streamlined communications software will mean better and more effective communication with residents. People in your area can receive news quickly and know about what’s going on in their community fast.
- Finally, software, and all the data it can provide, offer better ways to report on the association’s activities and use that information to strategize and plan for the neighborhood’s future.
What to Look for When Choosing HOA Software?
We’ve discussed the benefits of using software to manage your HOA. You know why you should consider using such packages to streamline your work.
But what about evaluating and choosing the right package for your HOA?
Well, you have several options available. Don’t worry; we’ll cover various software packages in each category later in this guide. For now, let’s discuss the different criteria you should consider when evaluating HOA software.
The most important thing to remember is that you can implement packages that suit your needs. Some packages endeavor to help manage the majority of the HOA operation. But you can also use software that will help with specific aspects of running the association only.
For example, if you’re looking to streamline CC&R enforcement only, and need a tool to track inspections, issue violation notices, and report, then there’s no need to invest in a full-blown HOA package. Similarly, if you only need to build a website for your HOA, you can focus on such a software package.
The situation is different when you’re looking to optimize multiple aspects of the HOA – build a website, manage residents’ databases and communications, run the accounts, and more – then, you need what’s known as “all in one” HOA management software. With these systems, most of the needs are addressed and missing pieces, such as a robust HOA Violations Enforcement tool, can be purchased separately to supplement.
Let’s see all those options, then.
The Best HOA Management Software for 2023
What follows is a list of the best software packages for HOAs. We’ve grouped them by areas of HOA operations they help with to help you identify the ideal package for your needs.
So, below, you’ll discover tools to help you manage accounts and payments, residents’ communications, databases, documentation, CC&R enforcement, schedule HOA events, and build the association’s website.
Accounting and Online Payments Software
LegFi (Legacy Financial)
Unlike the two other packages on the list, LegFi is dedicated financial software for homeowners associations. With LegFi, you can manage all the financial aspects of running your HOA, from sending invoices, collecting dues, tracking expenses, accepting payments, budgeting, and more.
MoneyMinder is another dedicated HOA accounting software to help streamline your bookkeeping, accounting, and reporting. Since MoneyMinder has been built with HOAs in mind, it features all the functionality an association would need to track its finances. From tracking dues and other income, sending statements to homeowners, reporting, budgeting, to full integration with various payment processors and the HOAs bank accounts, MoneyMinder is an ideal solution for your accounting needs.
Fact – QuickBooks is not a dedicated HOA software. However, the package is by far the most popular and effective accounting solution used by small to medium businesses worldwide. For that reason, we’ve decided to include it on the list as well.
Not all HOAs might want to invest in software built for them specifically, after all. Your board members or accountant may have previous experience with the package, and so QuickBooks might seem a more logical choice.
QuickBooks is one of the most robust accounting software packages on the market. It boasts an impressive list of features, including full cashflow management, online payments, full reporting suite, and anything else you might need to run your HOAs accounts.
HOA Operations – HOA Violations, Architectural, communications Software
HOAlife is the #1 tool explicitly built to simplify and automate the association’s CC&Rs and rules’ violations. In short, HOAlife automates otherwise overwhelming and cumbersome processes around violations enforcement.
Without HOAlife, a manager or Board Member is typically forced to complete the tasks with spreadsheets, Word documents, and a clipboard, or settle for the incomplete options located with in their accounting or all-in-one systems. This leads to poor and inconsistent enforcement or none at all.
With HOAlife, on the other hand, they can add violations to the system from a simple interface or a mobile app, add high-quality photos, track repeat offenders, automaticaly generate and mail violation letters, and issue comprehensive reports to the board.
TRY HOALIFE FOR FREE
CondoManager offers a comprehensive set of communication tools to allow HOAs to get their message across many homeowners and residents. Whether you need to send statements of account, reports, invoices, work orders, maintenance requests, or just general communications with the community, CondoManager can help you deliver it at scale.
Bitrix is not a management tool developed with HOAs in mind, specifically. However, it offers functionality that can allow you to communicate with residents quickly too. In particular, Bitrix24 lets you create member portals that can include polls, and email notifications system, a photo gallery, and a chat that you can use to keep the community informed about what’s going on in the neighborhood.
Community Portals/Member Database Management
Condo Control Central
Condo Control Central focuses on helping HOAs and Condo Associations run better and more connected communities. The software features a whole range of functionality that helps keep community records, databases, accounts, and even allows log deliveries to the system to track incoming and outgoing packages.
BoardSpace has been created with a single goal in mind – To give board members easy access to their association’s documents and records and meeting minutes and action items. With BoardSpace, you can find the documents you need instantly, keep track of what’s going on in your HOA, and get more done as a result.
Calendar and Scheduling
ConciergePlus is a complete HOA management software suite focusing on keeping property managers and board members informed of what’s going on in their community. With calendar and scheduling features like a daily overview of tasks, events, amenity bookings, and other staff-related activities, ConciergePlus helps you never miss anything important.
ForwardPass features a comprehensive event management module that allows you to create dedicated calendars for events, shows, community meetings, or celebrations. You can manage events in a calendar-based format, assign people to events, set up automated notifications, send emails to event participants, and more.
Website Builders and Website Management
HOAexpress is a powerful, yet simple-to-use website builder created specifically for homeowners associations. The software’s interface allows you to set up the website based on several pre-created templates, add your association’s content, and launch. What’s more, your website will also boast many additional features, like email newsletters, documents management, community calendars, news articles, and much more.
HOA Ally helps small, self-managed associations to create their first website to share news, documents, events, collect payments, and communicate with the community. With the system, you can also conduct polls, track assessments, and even track budgets and spending (note, this is a premium feature, though.)
Running an HOA is no small feat, and your hands are always full. Luckily, though, you can automate and streamline many aspects of running the association with dedicated software packages. Some of those help with specific elements of the HOA, others assist with almost everything that you have to do.
In this post, you’ve discovered the best HOA management software packages available to you on the market today.
Hopefully, the list will help you choose the package to help manage your association.