By Michael C Miller

As with all other sectors, the real estate business has also gained from the IT revolution storming across the globe. A smart and dedicate software solution for real estate can help you in the management of your assets and at the same time help you in adhering to the rules and regulations of the industry.
This software could be a boon for you if you have large amount of properties and land. It then becomes really difficult to manage all this and any idea to employ professionals to manage this for you could turn out to be an expensive affair. This software could multitask for you and could send any reminders for the due payments and few which are yet to be made.
This software package also assists you in staying in touch with the current news in real estate scenario across the globe. There is a built in interface for auto emails and deadlines notifications which will help you by operating in set paradigms of the industry.
The property software helps you in the proof reading and revising of agreements and the contracts and also protecting your money and interests in this industry. The atomization of the processes affords you quality time which you can spend in expanding your business.
The property investing software is capable of handling various calculations on permutation and combination as regards to the profitable locations in the real estate investment and tax calculations.
The real estate software programs offer the user multiple options for calculations and careful considerations, with the overall aim being the profit.
When you go out to purchase the software package for properties, you must first see the amount of comfort level you feel while using the software, it capability to operate without any errors, its ability to indulge in the comparison and contrasting of the financial data and ability to communicate with the central server.
The package analyzes and double checks the calculations for generating the net worth and can even point out the current value and future forecasts within this highly volatile property markets. You can check out on various versions of software available and should choose one which is in sync with your needs. This software enables you to monitor the growth in your investments in real-time from the comforts of your office.

Michael has been writing articles online for 10 years. Not only does this author specialize in self development, health, and investing, you can also check out his latest website retirement investing which help people find more about retirement help.

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How to Generate Revenue with Hotel Call Accounting Software

By Rito Salomone

Communication services are essential to the majority of hospitality guests. Many business executives and travelers demand efficient facilities that can keep them in touch with home base. It is imperative for sophisticated hotel billing software to account for telephone charges, Internet usage, equipment fees, surcharges and taxes in real time.
Virtually every major hotel has some form of call tracking or call accounting software. The declining cost of telephone calls has seen a decline in revenue. Gone are the days when hotels could command huge margins for simply picking up the telephone. At one time, it was not uncommon for hotels to mark up telephone calls 80 to 100 percent. Sometimes your telephone charges could account for a larger cost than the room rate.
In the past, a decent hotel call accounting system would generally been left in the back room logging long distance call records from a PBX serial port. The system would apply exorbitant rates and post them to the property management system. Tariff updates from the manufacturer were usually ignored (since the updates usually contained lower billing plans).
Hotel telecom revenues are now declining at a steady rate of 3 to 6 per cent per year. Hotel general managers and comptrollers are forced to become more creative to meet bottom line objectives for communication. The traditional call accounting system cash cow now needs to be fined tuned to adapt to new technologies and market competition. The answer lies in the creative use of new call accounting modules or more appropriately a communication management system (CMS).
The proper utilization of a hotel call accounting system can still derive huge benefits. Guests that get busy signals will find alternate ways to make telephone calls. It is of utmost importance for properties to track the number of busy signals, overflow or blocked calls. This can be accomplished through the use of traffic reports that identify grade of service and peak calling hours. These reports often recommend the proper number of trunks or lines for the property to run smoothly.
Long distance calling has been declining for years. However local and toll free calls have been fairly steady. The use of billing thresholds can help increase revenue. Certainly a guest that talks for thirty minutes on a local call could be charged a small amount for facility usage. Some hotels have turned to adjusting room rates a fixed amount to compensate for lost telecom revenue.
The rise of internet usage has forced many hotels to provide free internet access. This has compounded the problem for the telecom department. Many guests and business travelers have found other convenient means of communication (IP services, instant messaging, email, cellular phones) that are not part of the infrastructure of the hotel property. The advent of flat rate VoIP providers has given the business traveler the ability to bypass toll charges. A modern communication management system should be capable of adding internet usage charges into guest folios.
Proactive hotel properties use call accounting reports to determine calling patterns that show where guests are calling. These statistics help the hotel target marketing and negotiate better tariff plans. Night auditors have always been asked to reconcile daily transactions. However most failed to reconcile the transactions against the actual telephone bill. Examining telephone company records versus the call accounting records helps to ensure that all calls are being recorded, billed and appropriately surcharged.
Many hotel call accounting systems are missing critical information. Often extensions are not identified correctly as guest rooms, conference rooms, VIP or administrative. This can result in inaccurate billing and lost revenue. Properties should ensure that their call accounting system is loaded and configured properly on a monthly basis. Most banner properties have a preset tariff table that is deployed among all properties. System administrators should ensure that all properties follow the same guidelines.
As more communication facilities are offered by the property, the communication management system will be required to account for hotel cell phones, calls made with authorization codes, internet service, hand held devices and other guest amenities.

Discover more about call accounting, internet usage, hotel billing and telephone reporting from Resource Software International Ltd. (RSI).
Rito Salomone is the president of Resource Software International Ltd. (RSI). He has 17 years experience in the field of communication management solutions.
For more information you can review: http://www.telecost.com or http://www.callaccountingsoftware.com or contact the author at rsalomone@telecost.com.

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