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Community Association Management Industry Trends for 2024 

AvidXchange: Association Management

Community association managers have many responsibilities. These duties are made more difficult when working in an environment with outdated tools and inefficient processes. To better support employees, many community association management companies are turning to digital tools.

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Community Association Management Company Halves AP Processing Time

AvidXchange: Association Management

(PMSI) has delivered condominium and community association management services in northern Florida and southern Georgia for more than 30 years. The company currently manages more than 100 communities, providing a menu of service options including covenant enforcement, bookkeeping and vendor management.

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8 Ways to Use AI for Community Association Management 

AvidXchange: Association Management

The community association management industry plays a large part in enriching the quality of life for millions of homeowners. To streamline operations, community managers are embracing artificial intelligence (AI). Finance Automation AI is transforming financial management within community associations.

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Building Digital Skills in Community Association Management

AvidXchange: Association Management

The community association management (CAM) industry is caught between a rock and a hard place. In a study by the Foundation for Community Association Research (FCAR), 91% of respondents said they’ve seen expenses increase in 2023, a byproduct of rising material costs and inflation.

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Automating Your AP: Game-Changing Solutions Offer More Than Just Technology for Association Managers

AvidXchange: Association Management

While it’s true that technology eliminates much of the paperwork associated with AP processes, it can’t replace all of the manual tasks entailed. It’s important to look for a solution that not only has proven technology but is also supported by a dedicated services team with experience in your industry.

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5 Lessons the HOA Industry Learned During the Pandemic

AvidXchange: Association Management

The HOA industry has been through a year like no other and learned several lessons over the last 12 months. The industry learned news ways to adapt quickly and dramatically to changing business conditions. To better understand the shifting landscape, AvidXchange surveyed nearly 500 members of the Community Associations Institute (CAI).

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Celebrate managers: International Community Association Managers Day on June 13

Ungrated

As the professional backbone of homeowners associations and condominium communities, community association managers have a special set of skills and expertise that are essential to successful operations and governance. On June 13, CAI will celebrate managers—the more than 55,000 community association professionals in the U.S.