If you’re in the self-storage industry, your business prospects are looking bright – forecasts predict the global self-storage market will be worth $72.15 billion by 2028.
However, the U.S. Bureau of Labor Statistics (BLS) reports that 1 in 4 U.S. businesses fail within their first year. This can often be the result of data mismanagement. Therefore, efficiency is vital.
This is where SiteLink comes in. Specifically designed for the self-storage industry, this software automates key tasks including tenant management and payment tracking, allowing you to focus on business growth.
In this article, we delve into the software’s features and benefits.
Overview of SiteLink
From handling payments to integrating with accounting systems, SiteLink is designed to reduce manual work and errors and gives you relevant insight into your day-to-day operations.
Its key features include:
1. Tenant management and communication
With SiteLink you don’t have to worry about managing lease renewals and client communication. It automates these processes for better customer service, and less internal admin.
2. Billing automation
The software reduces manual labor when it comes to billing and payment processing. Which means you’ll have a more predictable cash flow. This opens up endless possibilities for reinvestment and business growth.
3. Accounting software integration
Want comprehensive insights? Connecting SiteLink to your NetSuite or QuickBooks accounting software can take your financial reporting to the next level. Not only does it automate updates to your financial statements, but also facilitates more compliant recordkeeping.
4. Gain custom insights
Want to forecast growth and implement a safe expansion strategy? SiteLink offers fully customizable reports to give you tailored insights, allowing you to see at a glance where you can safely scale.
5. Cloud-based security and anywhere access
Do you manage multiple locations and need specific access for different users within your business? With SiteLink you can access your data from anywhere. This ensures business continuity and flexibility, while keeping your data secure.
Why Efficiency Matters
With the rapid growth forecast for this industry, your business needs to focus resources on scaling. Staying ahead means automating manual operations like accounts payable and receivable and ensuring efficient tenant management. However, you can’t neglect compliance and accurate tax filing. This is where a CPA’s expertise becomes invaluable.
At Fusion, we ensure that your systems are correctly integrated for record accuracy. If your business manages units across multiple states, we stay abreast of state-specific tax laws to help you avoid penalties. Not sure what your next move should be? Our CPAs can help you with your growth strategy. Contact us today!
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This blog article is not intended to be the rendering of legal, accounting, tax advice, or other professional services. We base articles on current or proposed tax rules at the time of writing and do not update older posts for tax rule changes. We expressly disclaim all liability regarding actions taken or not taken based on the contents of this blog as well as the use or interpretation of this information. Information provided on this website is not all-inclusive and such information should not be relied upon as being all-inclusive.
