Press Release

On 1st July Palace, a new entrant to the Australian property management market, promises to shake up the industry with the launch of its cloud-based property software that delivers a competitive edge and greater options to companies looking to grow their rental portfolios. Until now, property management businesses have been limited in their choice of trust-accounting software.

However, with the Palace cloud-based platform, businesses can better manage all aspects of their portfolios simply and quickly with the new functions featuring:

Faster Bank Reconciliation, a time-consuming process is becoming more intelligent through the ability to train the software to match receipts whether it’s for rent or other bills.

Custom Reporting, allows users to build their own reports based on the data needed by other users and stakeholders.

In-built Barcode Scanning, coupled with approval and exception workflow rules provide for a faster way of processing invoices.

Insights, provides a wide range of graphs, comparisons and portfolio reports.

Property managers can experience the exciting new software developed by Palace at the Ray White Conference on the Gold Coast 13th and 14th August and in Sydney at ARPM later on 19th and 20th August. Michael Abbott, CEO of Palace, said “This is an exciting step in being able to offer property businesses the flexibility of running complex software in the cloud.  “While trust-accounting is the core of our product, Palace offers multiple benefits to improve daily workflow. By focusing on these, we can enable property managers to pursue their passion, be successful in doing great work that exceeds expectations,” Mr Abbott said.

Appointment of Australian Country Operations Manager

Palace also announced the appointment of Jonathon Stone as Australian Country Operations Manager. The appointment of Mr Stone who previously worked with two of the world’s most established property software providers promises to position Palace as a leading software provider in Australia. Mr Stone will manage all areas of client solution delivery including sales, training and implementation support teams in Australia, as-well-as driving continued growth throughout APAC.

“Palace achieved absolute market dominance in New Zealand, achieving 75% market share so it’s exciting to be launching their cutting-edge products in Australia, underpinned by Palace’s superior commitment to data conversion, on-boarding and their post-sales support model,” said Mr Stone. “With their demonstrated track record of success, Palace have crossed the ditch to now offer the most advanced solution for property managers in Australia,” he said.

Palace is well positioned to provide a well-established, world-class web solution to the Australian property market. With new users portfolios varying from hundreds to thousands of properties, demand for the software continues to grow across a number of states.