4-28-17

Real Estate Journal — Owners, Developers & Managers — April 28 - May 11, 2017 — 7B

www.marejournal.com

M id A tlantic

O wners , D evelopers & M anagers

Also using IBS’s outsourced bookkeeping services, designed for small and mid-size businesses True Service New York chooses IBS’s Imperium Powered by Acumatica

OTOWA, NJ — New York City-based True Service New York has selected Integrated Business Systems’ (IBS’s) Imperium Powered by Acumatica as its enterprise lease management/ accounting system. The com- pany – which specializes in the management of cooperatives, condominiums and rental prop- erties – also is using IBS’s out- sourced bookkeeping services, designed for small and mid-size businesses. True Service’s Erick Marti- nez, founder and chief executive officer, is a long-time member of the regional property manage- ment community, and for many years in a former role he worked with the IBS legacy system. “I knew IBS was the right choice based on my history with the company,” he said. “The product always provided what I needed for budgeting and managing day-to-day property operation. Equally important, IBS has a great, well-earned reputation for customer support.” For Martinez, the fact that IBS redeployed its product as a cloud-based application last year sealed the deal. The result- ing Imperium software offers deep strength stemming from IBS’s four-decade development history and the agility of the Acumatica cloud ERP platform. “Property managers are al- ways on the go, and in this modern age we need something that moves along with us,” Mar- tinez said. “That’s the beauty of Imperium. We can get to the system from our cell phones and laptops. We also like that we will be able to take advantage of phased-in features like in- tegrations with other software products, including our current payment system, as we grow.” Imperium is specifically built to serve as the system of record within the real estate technol- ogy stack. It provides a single source for capturing and pro- cessing real estate enterprise data and offers a full financial management and reporting suite with robust lease abstract- ing, and utility and tenant service billing features for the multi-family, condo/coop and commercial markets. Imperium also seamlessly interfaces with third-party products across multiple services categories in today’s multi-cloud world. True Service’s Imperium in- stallation is now complete, with the system fully operational. To date, it has exceededMartinez’s T

expectations. “We are property managers, not accountants,” he said. “Imperium allows our team to put together profes- sional reports without having to develop them from scratch. We always know that our fi- nancials will be accurate and presented in a format that looks great and is consistent with current accounting standards. Additionally, IBS’s bookkeep- ing services are a great option as we build our core staff. We are confident and excited about our decision.” True Se r v i c e f o rma l l y launched operations with an

established portfolio of Man- hattan properties in Janu- ary 2017, with an eye toward steady expansion into all five boroughs. “We are really tak- ing flight now as a company,” Martinez said. “And we have the tools we need to grow, with IBS’s support. One of the most valuable assets in this partner- ship is the team there. The staff is fantastic; we can focus on management without any con- cerns on the technology side.” Imperium’s scalability makes it a good fit for growing com- panies like True Service and organizations of all sizes. n

364 West 121st St.

What’s lining your cloud?

Let us show you why our fully cloud-based Imperium software is the right answer. •Anytime, anywhere, any device •Built-in Office 365™ compatibility •Easy integration with other best-in-class industry solutions

Lease Management/Accounting Managed IT Services We do it all.

Made with FlippingBook Online newsletter