22nd October 2024

How Property Lite Can Simplify Property Management for Diversified Farms

In today’s evolving agricultural industry, diversified farms face the challenge of managing various properties, containers, storage units, and rental assets efficiently.

Whether it’s cottages, outbuildings, livery yards, or storage spaces, keeping track of tenancies, key dates, and financial records can be overwhelming. That’s where Property Lite, a powerful module within KEYPrime, comes into play. 

property

What is Property Lite?

Property Lite is an add-on module designed to streamline the management of properties and rental assets directly within your existing KEYPrime accounting software. Whether you’re managing a small or a large farm with multiple rental properties, Property Lite provides an easy-to-use solution to help you stay on top of all your property management needs.

Key Features of Property Lite

  1. Comprehensive Tenancy Management
    Property Lite allows you to record and manage all tenancy details, ensuring that essential information is easily accessible when you need it. You can store all relevant documents, such as contracts and agreements, in one place, reducing the risk of losing important paperwork. 
  2. Tracking Key Dates and Documents
    With multiple properties to manage, missing a key date like a lease renewal or an inspection can lead to complications. Property Lite offers built-in reminders and alerts, helping you track important dates and ensuring that nothing falls through the cracks.
  3. Automating Recurring Invoices and Receipts
    Simplify your financial management by automating recurring sales invoices or bank receipts. Property Lite links directly to your accounts, allowing you to automate payments and keep your cash flow steady without the need for manual entries.
  4. Supporting Budgeting and Financial Planning
    By integrating property management within your farm accounting software, Property Lite helps you maintain a clear overview of your income and expenses related to rental assets. This feature is particularly useful for budgeting, as it allows you to plan more effectively and make informed financial decisions.

Why Property Lite is Ideal for Diversified Farms

Diversified farms, with their unique mix of agricultural production and rental income, require tools that can handle both sides of the business efficiently. Property Lite offers: 

Centralised Management: Keep all your property-related information in one place, making it easier to manage multiple assets without juggling different systems. 

Time-Saving Automation: Reduce the time spent on repetitive tasks like invoicing and tracking payments, so you can focus on growing your farm. 

Better Financial Control: With everything linked to your KEYPrime accounts, you can easily monitor income, expenses, and budgets related to your rental assets. 

How to Get Started with Property Lite

If you’re looking to improve the way you manage your farm’s properties and rental units, Property Lite could be the solution you’ve been searching for. Integrating this module into your KEYPrime software is straightforward, and our team is here to support you every step of the way. 

To learn more about Property Lite or to see it in action, click here to watch our quick demo video. If you’re ready to enhance your property management, get in touch with us today to discuss how Property Lite can be tailored to your farm’s needs.