SMD Software Inc., provider of SiteLink self-storage management software, has added key enhancements to its revenue-management software module.
Now, Web Edition’s revenue management offers even more tools to fine-tune rent changes and increase revenue. Web Edition’s revenue management now includes tenant ZIP codes in rent-change calculations. Using the IRS’ published average income by ZIP code, operators can set rent raises for tenants based on their ZIP code. Graphs analyze trends in rent changes and resulting occupancy. Web Edition reports show the financial growth from revenue management and underscore its growing popularity.
“The ZIP-code analysis adds value for owners to Web Edition’s existing settings for revenue management,” said COO Markus Hecker. “Our new reports and graphs capture the tremendous revenue growth from small but steady rent changes.”
The company also announced it has completed a record number of TaskMaster management software conversions to SiteLink Web Edition.
Established in 1996, SMD Software has more than 9,000 installations worldwide.