Firms choose Propman in effort to streamline property management

August 7, 2015
by News on the Block Editorial Team
News On the Block

Property investment and development company, MCR Property Group is to use Propman, the property management and integrated financial accounting software solution from Grosvenor Systems, in a bid to streamline its property management and accounting processes.

The group was looking for a way to efficiently collect and collate information from a range of internal and external sources and bring it together as part of one central resource, from which standardised reporting and other processes could be run.

David Tracey, Management Accountant at MCR Property Group, said: “Historically, we have run the two processes separately using a complex mix of accounting software and Microsoft Office.

“Using Propman will allow us to rationalise this and integrate these processes into one software package.”

Implementing Propman will enable MCR for the first time to have a 360° view of all its properties and across all areas of its business. The group expects to achieve time and cost efficiencies through much greater insight into upcoming events - such as rents pending or rental periods about to expire.

Meanwhile, block management start-up, Estates Property Management, has joined MCR as a user of Propman. The firm is using the tool for all aspects of its work from financial accounting to property management and from call logging to CRM.

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