HOA board members have a lot on their plate. Communication, accounting, maintenance, document management – all these moving parts must come together to support a well-run community that residents love.
To make this happen, they need tools that help streamline the management process. Unfortunately, many HOAs still rely on outdated systems that hinder instead of help their efforts. An Excel spreadsheet and manual bank deposits may have worked 20 years ago, but associations need more today.
If you’re an association board member or treasurer, making the switch to a web-based app is your best bet. Unfortunately, many of these HOA apps struggle with integration and offer limited functionality. The good news is, you and your residents don’t have to put up with this.
What if there was an HOA app that could replace all of the disjointed tools you’re currently using? This type of platform could offer an all-in-one solution that would overhaul the day-to-day management of your community.
Common Challenges HOAs Face
Residents of a homeowners association community enjoy many benefits that independent property owners or renters don’t have access to. A strong sense of community, amenities, high property values, and maintenance support make life in an HOA unique.
However, there are also challenges – and many are tied directly to outdated HOA management tools. Let’s look at some common obstacles.
Financial Complications
It’s up to a homeowners association board to maintain adequate reserve funds to address unexpected events like repairs or necessary projects. Without this financial safety net, an HOA may end up in a tough position and need to cut corners on regular upkeep. This can compromise the aesthetics and quality of life for residents in the community.
Communication Breakdown
A healthy line of communication between residents and HOA board members is critical. Payment information, community events, meetings, or changes to rules should get treated like front-page news. But when communication is either lacking or difficult, residents lose trust and disputes can arise.
Maintaining Vendor Relationships
Every HOA community needs third-party vendors to support the ongoing upkeep of the property. Services like landscaping, plumbing, security, and general maintenance are commonplace. Managing these relationships, making payments, scheduling, and cost analysis gets complicated and time-consuming.
Compliance
Homeowners associations must make it a point to understand and comply with laws that directly affect them. Failing to do so could result in fines and other legal complications.
Addressing Violations
This is an issue that can be awkward for both residents and HOA board members. A community needs rules to ensure a certain quality of life. However, residents may not agree with every rule and choose to ignore them. Striking a healthy balance between rule enforcement and a happy environment is difficult, but essential.
Integrating the Right Technology
Many homeowners associations have been doing things the same way since the beginning. This is a serious liability in our fast-paced digital world. Residents expect automation, convenience, and connection – and HOAs must find the tech solution that suits their needs.
Maintaining Environmental Standards
Sustainable practices that place importance on the environment are becoming more common in communities across the county. HOAs must consider these standards, gain an understanding of their residents’ concerns, and take budgetary measures to reach sustainability goals.
While life in an HOA will never be totally free of challenges, there are ways to reduce issues and ensure the community operates like a well-oiled machine. Most complications can be avoided by using fully integrated software like PayHOA.
The Benefits of a Specialized HOA App
The size of a community dictates the complexity of HOA management. However, there are functions every association must implement, regardless of the number of units. They include:
- Collecting resident payments
- Fulfilling maintenance requests
- Communicating with members
- Maintaining relationships with third-party vendors
- Enforcing community rules
- Handling contracts
If you’re a member of an HOA board, you know how quickly all these tasks can turn into a major headache. That’s why many associations use specialized HOA apps like PayHOA as an administrative support system and management portal. These web-based solutions offer many advantages.
They Facilitate Easy Integrations
A good HOA app provides seamless integration with other software, documents, and third-party accounts. Many apps do this, but only the best ones offer easy integration into a centralized portal that acts as your all-in-one dashboard.
Seamless integration has many advantages, including efficiency, synchronization, improved user experience, and scalability. Only the best HOA app achieves all of these by facilitating smooth integration features, such as:
- The ability to import community units for communication, accounting, and collection purposes
- The easy connection of HOA bank accounts for fast, error-free financial management
- Integration of vendor data to help with the management of invoicing, contracts, and insurance documents
Effective integration means you’ll only have one subscription for your new web-based app. For HOA members, this eliminates the need to subscribe to and log in to third-party vendor portals to make payments or conduct other business – one less thing to worry about.
They Provide Comprehensive Features
If you’re investing in software to optimize HOA management, there’s no reason to get something that doesn’t fulfill all your needs. If you do, you could end up spending a lot and only seeing minimal improvement in your operation.
For example, some HOAs invest in Quickbooks as an accounting solution. But that only solves one problem. Why not opt for a specialized HOA app? Doing so will provide you with features such as:
- Accounting capability
- Communication tools
- Payment functionality
- Budgeting and reporting
- Violation management
- Maintenance requesting
- Document storage
- Survey capability
- Homeowner portals
It's important to keep in mind that some apps designed for homeowners associations only offer limited functionality. You’ll need to analyze your needs and find the best HOA app for your community.
They’re HOA-Exclusive
Many homeowners associations use software that wasn’t built specifically for their needs. Instead, they use an app that’s straddling multiple markets such as property management and rentals. This can be limiting.
Specialized HOA apps, on the other hand, were designed exclusively for homeowners associations. Their goal is to help them provide better service and manage their day-to-day operation.
This industry focus is especially helpful for volunteers who may not fully understand all aspects of an HOA’s functionality. Instead of jumping around from task to task trying to make sense of outdated processes, they have everything they need in the app.
In addition, companies that focus on HOAs have a better understanding of industry trends and can anticipate potential issues. They can then help their clients avoid these problems altogether.
All-In-One Software With the PayHOA App
We designed our web-based app with the sole purpose of helping homeowners associations. Everything we build is centered around the needs of HOA board members and residents. Our team works with homeowners associations every day, which gives us the industry insight needed to provide the best HOA app on the market.
Here’s a rundown of the features you’ll enjoy with PayHOA.
Financial Automation
We’ve made the financial side of operating an HOA easy, with a focus on productivity and accuracy. Our app offers several financing tools that will come in handy on a regular basis.
Invoicing
Our user-friendly platform makes it easy to bill the entire community or individual homeowners. The autopay feature adds another level of convenience for residents.
Features include:
- Automated past-due reminders
- The ability to create one-off or recurring (monthly, quarterly, biannual, and annual) invoices
- Automatic late fees and early payment discounts
- Secure payment processing through our Level 1 PCI-Compliant payment processor
- The ability to auto-reconcile online payments
- Multiple payment options (ACH, credit, or debit)
- Automatic invoice emailing or USPS direct mailing
Accounting
Maintain a bird’s eye view of your HOA’s financial books with a real-time accounting tool. By eliminating guesswork, you avoid errors and ensure the financial health of your community.
Features include:
- Cash or accrual accounting that aligns with your financial needs
- Automated bank reconciliation that matches transactions with your ledger
- Automated accounts payable functionality
- Custom or templated account charts
- Real-time reporting and 40+ built-in reports
- Interactive financial statements
- 1120-H and 1099 tax filing
Bank Integration
Sync your bank to our app and do away with manual data entry. We make it easy to automatically capture and record transactions.
Features include:
- The ability to connect to a network of over 15,000 banks
- Automated transaction coding
- Simple bank reconciliation
- Automatic coding for homeowner and vendor payments
- Integrated check images and bank statements
- Direct API connection that guarantees accuracy
- Internal funds transferring
Vendor Management
Streamline your accounts payable by accepting vendor invoices into your PayHOA app and automating the payment process.
Features include:
- Automatic synchronization of vendor payments with the app’s accounting software
- Centralized vendor document repository for invoices, contracts, and more
- Local check printing for on-site payments
- Online vendor payments
- OCR invoice reading for fast approval
- 1099 generation and filing
- Personalized payment approval workflows
Mass Communication Hub
Our communication tools make it easy to engage with the community to ensure everyone has the most up-to-date information. Using the mass communication hub, you can send and receive messages via the channels that work best for your community. This includes:
- Sending and tracking branded emails to the whole community or selected groups
- Connecting with residents using SMS text messaging
- Posting events and reminders on an interactive calendar
- Sending important information using automated phone calls
With PayHOA, you never have to worry about additional communication costs – all broadband massages are free and unlimited.
Built-in Mailing
Instead of stuffing envelopes manually, save time and money with the app’s built-in mailing system. It allows you to send invoices, violation notices, or vendor checks straight from PayHOA. All mail is sent through USPS.
Message Boards
Maintain open lines of communication with homeowners via organized conversation threads. Messages on our boards are visible by email or the homeowner’s portal.
Features include:
- Announcement bulletin boards that block unnecessary comments
- Group boards for targeted communication
- Open forums that allow for community-wide conversations
- Private access for residents only
Website Builder
Create a fully-branded website for your HOA that highlights the features of your community. Our Weebly integration lets you do all this directly from the PayHOA platform.
Features include:
- Drag-and-drop functionality that makes it easy to update the look and functionality of your site
- HOA-specific design templates
- Branded login pages for the resident portal
HOA Management
Stay on top of the day-to-day operation of your community with our management tools. Save time, stay organized, and keep information secure so the association and your residents have everything they need.
Automated Violation Management
Resident violations are inevitable. PayHOA makes handling them easy with a system that allows you to create a custom experience.
Feature include:
- The ability to send unlimited violations to residents
- Unlimited custom templates
- Custom statuses
- Violation tracking that keeps the board informed on a situation
- Violation mailing options with delivery confirmation
Custom Request Forms
Go paperless by managing all your request forms through PayHOA. Easily customize your questions and response types, add custom statuses, and build approval workflows.
Features include:
- A ticketing system that lets you correspond with residents
- Architectural change requests and approvals
- Resident maintenance requests
- Custom request form builder
- Threaded communication that keeps homeowner’s conversations organized
- Fast, user-friendly reporting
Document Storage
Make organization simple by uploading and accessing essential documents. No more scrolling through your email history or digging around in file cabinets.
Features include:
- Multi-format document support
- Free and unlimited storage capacity
- Top-level security and data encryption
- Access control through permission settings
- A drag-and-drop interface
Surveys
Go digital with homeowner voting and polls. PayHOA allows for direct feedback from residents with the ability to vote on almost anything.
Features include:
- Live, reportable results that are trackable and shareable
- Survey archives
- Fully-customizable surveys
- Anonymous polling
Owner Portal
Simplify life for residents with an all-in-one hub that facilitates online payments, financial tracking, household management, and community engagement.
Features include:
- One-click payments and autopay for ACH and credit cards
- Account history and current balance viewing
- Unlimited users per unit
- Instant request submission
- Document access
- Customized permissions
Dedicated Customer Support
Users of PayHOA enjoy unlimited, free US-based customer support. We provide a personal account manager, access to our comprehensive help center, and no setup fees for bank accounts.
We also offer free training to ensure a seamless experience for HOA teams. This is backed by over 100 video tutorials and articles. It’s our goal to make your experience with our HOA app as efficient and user-friendly as possible.
Upgrade Your Community With Our HOA App
Bring all your association’s processes under one roof with user-friendly software geared specifically toward your needs. We offer the best HOA app for streamlining community management, communication, and much more.
Find the package that’s right for you and enjoy a free 30-day trial.