Articles
Memorable Moments from VRNation 2024
VRNation rebrands and pushes back on Airbnb One message that came through clearly was a push for property managers to differentiate their business from Airbnb and get away from competing on price. For VRNation, (formerly North West Vacation Rental Professionals), the organization’s rebranding is a signal to the world that it’s time for vacation rental…
Read MoreShort-Term Rental Tax Compliance for Property Managers
Achieving short-term rental tax compliance can be a complex, nuanced process, from understanding filing timelines and frequencies to license registration and revenue reporting. The goal of this article is to put your mind at ease as a property manager and keep your business in good standing. Continue reading to find answers to common questions related…
Read More4 Financial Reporting Tips for Property Managers
When you think about the myriad of things that are rapidly changing in the hospitality sector every day, companies – especially those managing short-term rentals – need to be able to leverage data effectively in order to adapt and succeed in this dynamic environment. If you’re a property manager looking to grow your organization, and…
Read MoreAccounting Best Practices for Property Managers
Accounting for property managers: What are the best practices to follow and how can Ximplifi help? Read the episode transcription below to learn what Jesse Ehret, CPA and CEO of Ximplifi, recommends to help property managers overcome accounting challenges and gain a better understanding of their company financials. Content has been lightly edited for brevity…
Read MoreChange Your Mindset to Grow Vacation Rental Profits
If you’re the owner of a business, the path to profitability starts with you. Why? Because every element of your company—whether you’re flying solo or leading a team—is influenced by your beliefs, attitudes and actions. Think negatively and you create self-imposed limitations. Think positively and you create opportunities. So, what practical steps can you take […]
Read MoreHow a Single Source of Truth Benefits Hospitality Managers
What is a single source of truth? A single source of truth (SSOT) means that all of your company’s financial data is aggregated and stored in one place. This allows business leaders to obtain a holistic view of the company’s performance and make informed decisions based on a single point of reference. Consider this for…
Read MoreOvercoming Financial Growing Pains in Vacation Rental Property Management
If you’re using Salesforce, congratulations, you’re in good company. They bill themselves as the world’s number-one CRM platform and rightfully so. I’ve been both a Salesforce user and administrator for more than 20 years, though the latter is not part of my current role. I’ve met and spoken with Mark Benioff, and he is a […]
Read More3 Ways That Property Managers Compare Sage Intacct to NetSuite
In this article, we’ve collected customer reviews and ratings from G2.com to compare Sage Intacct and Oracle NetSuite on three important features that property managers need out of their financial software. We trust these ratings because G2 is an independent company with over 1.7 million software product reviews. They are not paid for or sponsored…
Read More7 Keys to Selecting Financial Software for Property Management
Introduction When researching robust financial software and ERP solutions for property management companies, two solutions often come to the top of the list: Sage Intacct and Oracle NetSuite. Both provide an array of core accounting capabilities, serve customers globally, and can perform advanced reporting functions, but there are a few key differences that property managers…
Read MoreThe Struggle Connecting QuickBooks to Salesforce
If you’re using Salesforce, congratulations, you’re in good company. They bill themselves as the world’s number-one CRM platform and rightfully so. I’ve been both a Salesforce user and administrator for more than 20 years, though the latter is not part of my current role. I’ve met and spoken with Mark Benioff, and he is a […]
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