KriyaGo - Blog #data management

The Top 7 Benefits of KriyaGo Blox

Wed, 06 Jul 2022 11:30:00 -0400

According toiPropertyManagement, maintenance and efficiency are the two major challenges for property managers, and if there's a way to get around this, it's through Kriyago Blox!

To make your property management job easier, you can now integrate all the platforms into one and reduce the time to carry out the data transfers. If you're wondering what exactly is KriyaGo Blox and its benefits of KriyaGo Blox, we've got you covered! Check out the top seven benefits here.

What is KriyaGo Blox?

KriyaGo Blox is a platform where all your property management software can be integrated into one. It enables better workflow and lets you streamline your business by customizing it to your business needs. And you can access all the data in one place. Property managers can work efficiently and increase productivity with KriyaGo Blox.

Around 80% of property managers have to manage maintenance and collect rent, but it can be managed efficiently with the right tools and one such is KriyaGo Blox. Here are the top benefits of KriyaGo Blox so you know how it can impact your business positively.

1. Faster transfer of data

KriyaGo Blox is a tool that'll integrate all the software solutions into one, which means, data transfer will be faster. When internal processes are quicker, it becomes easier to run the businesses. Increased efficiency is one of the major benefits of using KriyaGo Blox.

Since it's a fully-integrated online system, it becomes simpler to handle issues in the market with smooth transactions. If you want to speed up your business processes, KriyaGo Blox is the way forward!

2. Easy customization

Don't worry about your business not fitting into KriyaGo Blox anymore. You can now customize KriyaGo Blox to work well with your business. It's super-flexible and helps your business improve workflows in no time.

You can build apps to manage your business with Microsoft Logic, Power Automate, and others. When you have it tailored for you, all you need to do is to get started right away with a little training to handle your business process. We at KriyaGo can tailor it to your needs and ensure you get nothing but the best for your business.

3. Easy data management

Managing large chunks of data is an arduous task, and around 95% of businesses find it hard to manage. Handling unstructured data, especially when you're managing properties, is not something easy.

It takes too much infrastructure, money, and time to do so, but with KriyaGo Blox, you need not worry about spending hours managing the data. All the redundant data will be managed easily. You no longer have to carry out data transfer manually.

You also cut down the time on managing API with this. Reduced management time means you get to focus more on your business. You can build better strategies and scale your business easily.

4. Increased customer retention

There's a lot of potential to what structured data can do. Data is not just a set of values, but it's the fuel that drives a business. It has endless possibilities, and one such is to increase customer retention rates. With historical data and statistics, you can analyze the major pain points of your customer and come up with new strategies to give a better customer experience.

All this can be done with the help of KriyaGo Blox. Want to know how to give a better customer experience for your customers? Reach out to us today!

5. Increases efficiency

34.3% of property managers rated “efficiency” as their top priority. When you can manage your data and customize KriyaGo Blox for your business, the efficiency automatically increases. It helps you connect all popular real estate software such as Procure, MRI, and Yardi, making it easier to carry out business processes.

Too many systems and too many processes can hamper productivity and lower profits, but that's something you don't have to worry about with KriyaGo Blox. If you want to build better strategies and improve your overall efficiency, Blox can help you with it.

6. No-code software

KriyaGo Blox is a software solution that is built for everyone. And by everyone, we mean everyone literally. It's a no-code software which means you can build and customize it on your own. It's one of the biggest benefits of KriyaGo Blox.

You no longer will need experienced developers to customize an app for your business. In other words, the cost is reduced too. One of the reasons why KriyaGo Blox is the go-to for property owners to manage their properties with fewer resources and more flexibility.

7. Optimize your business

You don't want to deal with huge amounts of data, especially if you're a property manager. If there's an easier way to handle it, it's by integrating it all into one so you don't have to go back and forth to multiple systems to get what you want.

In one way, it reduces the time taken and also resources. And the best way to do is with the help of KriyaGo Blox. Build a powerful strategy for your business by easily managing your data with KriyaGo Blox.

Final Thoughts

Having multiple real estate software can be great for different things but managing them is quite a task. Handling many tools requires skilled resources, which means increased costs and reduced efficiency. But you don't have to do any of that with KriyaGo Blox. Real estate property management will no longer be difficult with Blox when you can access all your data in a single place.

KriyaGo Blox will increase your efficiency, reduce costs on resources and integrate all the solutions seamlessly. Manage everything in one single place and give a break to your property management woes with KriyaGo Blox today! Want to know more about it? Reach out to us today!

Top Benefits of Expense Management Software

Thu, 04 Nov 2021 15:56:33 -0400

Gone are the days when real estate agencies relied on paper processes and spreadsheets to manage expenses. Today, most of them have switched to expense management software to streamline workflow and improve productivity.

Are you wondering if you should make a move too? Do you need more information to make your decision?

In this blog, we will explore the top benefits of expense management software. We will provide you with accurate data so that you can make an informed decision for your business.

So, let’s start with the most important advantage of using a digital solution to manage your expenses.

Real-time visibility into financial position

You are bound to meet difficulties if you track all your expenses manually. The challenges grow as you manage more properties, tenants, and employees.

The situation comes to a point where you lose visibility into your company spending. As a result, you also lose control over your budget and end up making inaccurate forecasts.

Expense management software can provide real-time visibility into your real estate expenses. You will be able to track expenses as they happen, complete with all information like payer name, amount, time, and more.

Therefore, you can stay updated on every cent that leaves your business.

According to Gartner, real-time visibility enables entrepreneurs to manage risks better. They can also predict disruptions and save up to 20% of costs.

Best of all, you can gain complete control over your spending.

High-quality financial data for accurate predictions

Inaccurate financial data can take a toll on your bottom line. Additionally, they can end up in your reporting and  create a false picture of your financial position.

For example, you can report more profit than actual if your employees miss out on entering some expenses. As a result, you will now have to pay more taxes while filing your returns.

On the other hand, your business will look less valuable if you underestimate your profit.

An expense management tool can come to the rescue and improve data accuracy. It can help real estate agencies eliminate human errors and duplicate entries.

In addition, you can verify and cross-check data seamlessly. Therefore, your organization can aim for transparency and establish accountability for each expense.

Ultimately, you will be able to make accurate forecasts for more success.

Improved operational efficiency

COVID-19 had a detrimental effect on most industries, including real estate. The world around, commercial spaces close down as governments announced months of lockdown. Returns from properties also began to decline, putting entrepreneurs under stress.

According to McKinsey, the unutilized enterprise value of real estate dipped by 25% in most sectors. In the case of lodging, it went down by 37%.

As a result, real estate businesses are searching for ways to boost operational efficiency. They are looking to cut costs and optimize expenses to derive the most value.

Expense management software can go a long way to improve your operational efficiency and reduce costs. You can track every expense and find out whether it’s justified or brings returns.

Additionally, you can automate processes and improve efficiency. You can also reduce your payment cycles and avoid paying late fees.

In the process, you may even  improve your revenues by 20% to 30%.

Conserve resources, money and time

Real estate businesses spend endless hours on manual data entry and reconciliation. They also need days to approve expenses, collect receipts, and create reports that still contain errors.

Additionally, you also need to pay wages for the time given by your employees.

An Expense management solution can help entrepreneurs save time, resources and money in multiple ways. The top contributor is automation that can help organizations save $16 trillion in annual salaries.

You can automate your data entry, receipt collection, and even reconciliations. Additionally, you can create reports with a few clicks and get to the bottom of every transaction in seconds.

According to research, 54% of the workforce believes they can conserve 240 hours every year through automation. Additionally, you can also save the wages you would otherwise pay for those hours.

Moreover, real estate agencies can automate approvals with expense management software. They can also speed up reimbursements and pay your vendors on time.

Best of all, you can use your free time to grow your business and boost productivity.

Generate valuable insights

Expense management software provides real-time visibility and control over your expenses. Additionally, you get a host of reports and analytics to make out your financial position.

Entrepreneurs can use the data to spot trends and patterns in their business spending. They can drive actionable insights and optimize spending to generate more value.

For example, your software can help you zero in on expenses that are no longer necessary. You might find you are paying for a service that you don’t use anymore.

Therefore, you can take action and reduce your spending or choose another service.

In addition, you can integrate your expense management software with your accounting solution. The process will help you streamline processes further and simplify reconciliation.

You can also get ready information when you want to close your books or maintain your accounts.

Implement your expense management software with KriyaGo

Real estate agencies need to work with a solid partner to set up and implement expense management solutions. KriyaGo works with reputed software vendors to offer entrepreneurs the best experience.

We can help you get started with leading products like SAP Concur, Yardi, or Procore. Our team can also provide expertise, train your team, and help automate your business processes.

Get in touch with us today to tell us your requirements. You can also contact us for a free consultation of 1 hour to discuss your needs.

Final thoughts

Expense management software is the need of the hour for real estate agencies. The solution can help them save time, cut costs, and improve operational efficiency. They can also improve data accuracy, remove duplicates, and automate most processes to boost productivity. Additionally, a digital tool can provide complete visibility into expenses and help optimize business spending.

Kriyago Blox - The Top 10 Advantages for Your Business

Wed, 11 Aug 2021 09:00:01 -0400

Technology has changed the way real estate property management functions. From marketing to management--every real estate process can be automated. Often, property managers find themselves using multiple software to manage all their activities. This solution comes with its own problems. Instead, we offer you a better solution--KriyaGo Blox!

Our software lets you connect all your platforms and eliminates data transfers. The integration provides the benefits of multiple software in a single place. How else can KriyaGo Blox benefit property management? Read on to know more!

1. Integrate different platforms easily

Popular software like Yardi and MRI have different tools for property management. Depending on your needs, you might find few features of each software better than the others. You can use more than one software to meet your business requirements. But it also means more workload and decreased efficiency. Managing multiple platforms can also be a hassle for your employees.

Instead, you can integrate different platforms easily - through KriyaGo Blox. Our software uses ‘blox’ to connect multiple software into a single platform. This lets you access all the features in one place, saving you time and money.

2. Transfer data between systems seamlessly

Now, you may use more than one software to leverage all the features. The downside? Each software requires its own database. Even if all of them are property management software, they cannot access each other’s data.

KriayaGo Blox solves this problem by integrating all your tools into a single platform. With a single database, each software can access the required data from other tools. For example, your forecasting software requires data from your CRM software. By connecting it with KriyaGo Blox, it can access the required information anytime without relying on manual data entry.

3. Build more the smart way

Can’t find the required features in available platforms? You can build your own tools that suit your business requirements. KriyaGo Blox lets you customize software features through platforms like Microsoft Logic and Power Automate. Instead of building software from scratch, which often overruns estimated cost and time, you can use KriyaGo Blox to customize existing software and add more tools.

This meets all the goals of building bespoke software without investing as much time and money into it. Since it is also easier, you can customize as many tools as you require, according to your business growth.

4. Skip managing APIs

The importance of APIs cannot be stressed enough in software integration. Whether it is machine data, software, or sensors, APIs can connect almost anything. But managing APIs can be difficult considering the security risks of unmanaged APIs.

With KriyaGo Blox, you don’t need to learn or manage APIs to connect various software. Our no-code software lets you integrate through ‘blox’, which are easy-to-use components. These blox are not only limited to integration but can also be used for custom software building by your internal team.

5. Streamline data management

The more tools you use, the more data you have to manage. Since all the tools are similar, they also use the same information to perform tasks. This can lead to bad data management, or worse, duplicate data entry.

According to Gartner, coordinating master data is essential for CRM optimization. It also stated that bad data management leads to a 25% decrease in potential revenue gains. By using KriyaGo Blox, you can build a single database through software integration.

Each of your property management tools will access the same pool of information. This lets you minimize manual data transfer and also reduces duplicate data.

6. Improve customer experience

Better data management is the key to happier customers. According to Experian, 98% of Fortune 500 companies use data to improve their customer experience. By organizing data, you can streamline your sales and marketing strategies.

By integrating all the information, marketing software can access and utilize data from other platforms. This improves sales processes like lead nurturing, cold calling, and email marketing.

7. Decrease labor costs

Using multiple software requires the same number of employees to manage them. Moreover, all these employees have to work on data transfer from one platform to another. This is a non-productive and inefficient use of labor. By using a single integrated platform, you can decrease labor costs by eliminating unnecessary manual tasks.

Since all platforms can access the same data, the need for data transfers will decrease. You will also require fewer resources for software management. This decreases the workload on your staff and lets them work efficiently.

8. Easy to use

Most software building and customization require in-depth knowledge of coding. Instead of spending more on getting expert resources, you can simply use Kriaygo Blox. It is a no-code software which means you don’t need IT experts to manage and use the application.

Apart from software integration, it also lets you easily build tools for your business without any extensive knowledge requirement. Your internal team can use KriyaGo Blox by undergoing simple training. Whether you want to customize or integrate, you can do so without any coding knowledge.

9. Focus on core business tasks

Software integrations save you a lot of time, money, and resources. As a property manager, you can focus on your core business tasks such as maintenance and marketing. Since KriyaGo Blox is easy to use and requires minimal resources, you can manage the software without a dedicated team. This lets you channel your resources into important business tasks.

10. Improve business insights

Data plays a huge role in developing the right business insights. Instead of extracting data from individual software and developing multiple reports, you can use information from the integrated database. Reports generated through this data give you collective insights into various business processes.

Try KriyaGo Blox!

KriyaGo Blox is a simple solution to a common property management problem--data transfers. While a multitude of software offer various features for property management, they fail to communicate with each other. We eliminate this problem by integrating all your software into a single platform.

Unlike other integrations, KriyaGo Blox uses easy, no-code components. This lets your internal team build and customize software without complications. We can integrate popular software like Yardi, MRI, SAP Concur, and Office 365. We can also enable you to build your own tools through Microsoft Logic and Power Automate.

To know more about KriyaGo Blox--reach out to KriyaGo!

Top Business Tasks You Can Automate

Fri, 06 Aug 2021 09:00:00 -0400

Are you wondering how to implement workflow automation in your business? KriyaGo provides software support to companies with the aim to automate a maximum number of tasks. With this, you can optimize workflow and improve your overall business processes.

Automation can do almost everything, from replacing manual replies with scheduled emails to managing your company's finances.

What business tasks can you automate?

1. Marketing

With marketing automation, you can identify highly qualified leads without going through a complex lead conversion process.

Other marketing tasks that can be automated include:

Content posting: Through software like WordPress, you can feed bulk blogs in the system and use the software to schedule their posting.
Monitor website traffic: Software can track organic traffic and send you timely reports to your email.

Analysis and research: By analyzing the lead response to your marketing campaigns and social media, automation software can send your reports from a lead's perspective.

2. Emailing

Emails serve many purposes in a company. You can automate email processes like;

To improve client service: Send automated emails to a service query along with a notification to the sales staff.

To send reports and alerts: Configure emails to send reports to relevant clients and staff.
To nurture leads: Set up an email series to convert leads.

3. Maintenance requests

AI bots can receive maintenance requests and ask intelligent questions to collect details. These details are automatically logged into the software and forwarded to the appropriate employee. AI can also track the status of these requests and send reminders and updates to your staff as well as the tenant.

4. Rent collection

With automation, tenants receive monthly rent reminders. It also allows easy online payments and logs all the data in the software. It can also send you details of payments and non-payments.

5. Finances

With automation, your company's finances are easily and accurately handled. You can use software to:

Handle payroll: Employee compensation can be a time-consuming task, especially if you are issuing payrolls weekly or twice a month. Automate payrolls to ease the burden off your employees.
Receipts: Keep track of all your receipts by scanning them and letting the software store all the essential details for you.
Paying bills: Recurring payments can be handled by automation by setting up an account and issuing payments through it.

6. Help desk

Instead of having an employee reply to all queries in person, an AI chatbot can quickly handle questions and collect additional details. If a lead asks a question in the chatbot, AI can send the most appropriate reply by analyzing the lead's response. It can also forward the query to an employee if the query needs it.

7. Data management and insights

The software enables easy data access for all employees from any remote location. It also provides better data backup and data security. Automations can also generate valuable insights and pictorial data interpretations for easy analysis and planning.

The top automation tools and platforms

Automation is efficient only if you find the right tool for every task. The below tools can handle your automation needs, while some also offer additional features:

1. UiPath

The platform helps organizations scale automation by focusing on top-down, cross-enterprise opportunities.

Using RPA, you can match peak workload speeds successfully while reducing manual errors. From copying files and folders to filling in forms, RPA robots can do pretty much anything when it comes to repetitive, high-volume tasks.

The robots run without any human intervention, and UiPath offers extensive application compatibility. You can use the robots across cloud environments or virtual terminals. The increased scalability and reliability, from handling day-today applications like Excel to Java, Flash and more means greater flexibility.

2. Spacio

Spacio, an automation software, helps in generating leads for your company. This tool handles everything right from property listing to hosting communication with a qualified lead. The best features of this software are integration with CRMs, scheduled follow-ups, and customizable lead generation forms.

3. Lead Assign

Lead Assign helps in the automation of lead management. Through data collection and lead nurturing, it increases the lead conversion rate for your business.

With AI assistance, it also automatically distributes leads to the appropriate real estate agent, so the workflow is efficiently managed.

4. Zapier

Zapier integrates and streamlines multiple automation tools integrating over 2,000 apps for different functions like emailing, lead generation, and customer relationship management.

It is ideal for agents who work on the go.

Zapier syncs data on the Cloud, which allows you to access data through multiple devices.

5. Salesmate CRM

Salesmate is a customer relationship management software that organizes the company's sales process. It has a good outreach and follow-up system, allowing users to reach out to more leads and effectively close the deal.

Manage workflow better by assigning work to teammates directly through the app. You can also send pre-scheduled emails to clients and staff.

6. Paperform

Paperform is a tool meant for creating online forms, collecting information from potential buyers, and generating leads. Unlike Zapier and Automate.io, Paperform has its own tools that can be used to streamline workflow.

Data collected through the online forms can be directed to CRM software, email tools, or any other software you want.

It is an excellent tool for generating automated responses to online forms, data collection, and even sending follow-up emails.

7. Microsoft Power Automate

Microsoft Power Automate is another software that works by integrating multiple tools. What makes it different from Zapier and Automate.io is the depth of customization it offers. It can be a little challenging to work with initially, but it has a wide range of options and integrates tools on the Cloud once it is set up.

It has several templates that you can use to set up workflows. It also checks for any customization in the process every fifteen minutes. That means the software is constantly updated for any new information.

It also has a mobile app so that you can access your work plan on the go. This is useful when you are trying to capture leads through online forms, as it allows you to engage with the lead instantly.

8. Sage Intacct

Sage Intacct is an accounting software meant for real estate companies. By analyzing real-time data and metrics, it can help you manage your company's finances and increase efficiency. It also helps with developing advanced insights into your company's financial strategies. It easily works with your CRM and other tools and also stores data on Cloud.

It can provide you with revenue reports and forecasts, improve efficiency, and reduce overall costs through the right insights. This is a good tool for managing accounts of both large and small businesses.

How to make an automation strategy?

With the right automation strategy, you improve the overall outlook of your business. After knowing the different tasks and tools, combining them smartly makes your automation much more effective. Make an automation strategy with these three steps:

1. Choosing the right tasks to automate

We have briefly discussed all tasks that can be automated. Depending on the type of your business, you might need to automate some, many, or all of the discussed tasks. Choose tasks on a priority basis, as step-by-step automation is more efficient.

2. Choosing the right tools for each task

Similarly, we have also discussed a variety of automation tools. There are different areas to keep in mind while choosing the tools:

Finance: For handling the accounting and finance of your business, ERP software works best. KriyaGo's back-office accounting automation provides excellent software and expert resources at affordable prices.

Data Analysis: Data analysis can direct you towards good investment areas. For intelligent data analysis and interpretation, you can use tools such as Zoho Analytics and Hubspot.

Bots: Bots can handle several aspects such as live chatting, collecting information, and sending alerts. Yardi's RENTCafé Chat IQ is an excellent tool to set up live chatbots with immediate and accurate responses to messages.

CRM: Customer relationship is probably the most valued asset of any business. With Salesmate CRM, you can ensure that you share excellent relationships with your customers.

3. Set automation targets

Automating all tasks at once might not be feasible. By deciding on automation milestones, you can improve, change or continue an automation option depending on short-term results. There are two aspects you should pay attention to:

Grouping tasks on a priority basis and automating them one by one.
Planning a better use of the freed-up time due to automation.

If you are sure, you can also opt to completely automate your business at once. This will also save a lot of time.

Automate the Smart Way

Automation aims to increase productivity and profit for your business. KriyaGo can help you with your real estate software needs and help your business achieve targets within your budget.