Reserve Study Module

Why Facilities 7 rather than any other reserve study software? With Facilities 7 you’ll spend less time, get better information, and reduce your maintenance costs. While those key benefits are enough for most people, there’s one more. No large up front software cost. Facilities 7 is an internet-based product available at a reduced annual license fee covering both software license and full support. No hidden costs.

Most associations get a periodic reserve study, and think about software only to make that static task easier. These associations don’t understand that reserves do not stand alone. They are part of a dynamic process.

For many associations, performing their operations maintenance activities is just part of the background; they don’t think about it, they don’t know there is software available to manage such maintenance activities, and they give little thought as to how operating maintenance activities affect reserve maintenance activities.

Because facilities maintenance is an ongoing process, it should be managed in the same manner that a checkbook or general ledger is used to manage financial transactions. Even for small, simple associations, if you don’t keep ongoing records of your maintenance activities, you will sacrifice accuracy, just as you would sacrifice accuracy if you failed to maintain a checkbook to track ongoing financial activities.

Operations maintenance and reserve maintenance activities are inextricably intertwined. Failure to perform necessary operations maintenance activities affects the timing and ultimate cost of reserve maintenance activities. The more complex your association, the more challenging is your task of managing maintenance activities. Facilities 7 is the only software system that integrates these activities, and further combines them with the other activities related to your physical facilities.