Insightful Accountant offers software and app developers the opportunity to have their products featured in a free editorial article titled 'App Aware.' The purpose of these features is to make our readership aware of new, enhanced, or relatively uncommon apps in the Accounting Tech space, especially those that integrate with QuickBooks and Xero.
An App Aware feature isn't intended to serve as an in-depth review of an app or software but rather to identify the essential use, functionality, integration capabilities, and highlights of some of the app's most significant features. We also strive to provide links to the developer's website, pricing, demo (or free trial), sign-up pages, and other appropriate information. This feature is NOT a formal endorsement by Insightful Accountant or the Author.
App Aware: STRATAFOLIO
STRATAFOLIO lets you take control of the inefficiencies within commercial real estate. It not only serves as a centralized hub for your real estate portfolio but it builds powerful, interactive analytic dashboards regarding your commercial properties.
With STRATAFOLIO you can tracks Global Income, Expenses, Net Operating Income, Debt Service, and Cash Flow. The available Loan Dashboard will track your global or individual Asset Value, Total Debt, Loan-to-value Ratio, Debt Coverage Ratio, and maturing loans.
Just connect to QuickBooks and STRATAFOLIO provides you with powerful property management analytics within an intuitive dashboard. It helps to prepare financial statements, and can manage and automate activities with leases, Common Area Maintenance, and investors.
You may have seen other apps claiming similar functionality, but STRATAFOLIO is designed to help you with Lease, Property, Finance and Investor Management and more, including:
- Invoice Generation
- Analytics
- Certificate of Insurance
- File + Asset Management
- Global Cash Flow
Source: Image provided by Stratafolio
- Loans on your Real Estate
Source: Image provided by Stratafolio
- Investor tracking and communications
Source: Image provided by Stratafolio
- Tenant communications portal
- Work Orders
Beneficial Uses
STRATAFOLIO's centralized hub not only provides for better team collaboration but ensures that those who need to receive automated alerts (also sent via email). Plus, with STRATAFOLIO you will never miss a lease escalation ever again.
If you have been trying to compute CAM (Common Area Maintenance) for your various real estate holdings using your QuickBooks data alone, you know it is time consuming and potentially error ridden. STRATAFOLIO maps your expenses within QuickBooks and identifies the costs associated with your common area maintenance and then separates your overhead costs from your recovery costs. It tracks reimbursable expenses against every tenant's actual expenses. Then at year end, you can easily pull a report of each tenant's actual CAM charges against the prepaid (estimated) CAM charges so that you can either invoice or reimburse your tenant's for costs due or costs overpaid.
Can't figure out how to maintain an accurate record of the insurance coverages for all of your tenants? STRATAFOLIO offers COI (Certificate of Insurance) tracking that allows you to verify every tenant's coverage, and keep track of information including policy ID, issuing insurer, coverage types and limits, policy coverage dates, and expiration. It will notify you in advance of expirations so you can ensure that your tenants are keeping their required coverages in force and that they provide updated COI information in a timely manner.
QuickBooks Integration
In case you were thinking that STRATAFOLIO is one of those apps that only works with the on-line version of QuickBooks you would be wrong. It actually works with Desktop QuickBooks (Pro, Premier and Enterprise) in both the U.S. and Canada. You will also find it supports all QuickBooks Online SKUs in the U.S. and Canada... from Self-employed and Simple-start, to Essentials and Plus as well as Advanced and Accountant.
For QuickBooks Desktop, STRATAFOLIO integrates via the Web Connector with each company file. Data between STRATAFOLIO and your QuickBooks Desktop file connects on a bi-directional basis each time Web Connect synchronizes. Because STRATAFOLIO uses the QuickBooks Online API to connect with QBO, your data synchronizes on a bi-directional either automatically or manually based on how you have configured your integration settings.
You will find STRATAFOLIO listed in both the QuickBooks Online and QuickBooks Desktop App stores.
FYI: STRATAFOLIO does not integrate with QuickBooks for Mac.
Partner Opportunities
STRATAFOLIO believes in providing their customers with the best software and customer service in the industry; however, they also understand there are other services they don’t provide. For those services they partner with qualified and verified professionals. if you are interested in partnering with Stratafolio, reach out to them HERE.
How It's Priced
STRATAFOLIO is SaaS software running within a proprietary cloud. As a result, you have a monthly base subscription plus any add-ons, which I will talk about in a moment. At present there are three STRATAFOLIO plans: Essential, Professional and Enterprise. Each of these plans include an unlimited number of users and 10 units (properties or sub-properties) within their base price. As is typical with App Aware features we do not discuss prices for a variety of reasons, the most important being that a value we publish today could be drastically different two years from now when someone readers our article for the very first time. With that said, as of the original date of publication, STRATAFOLIO's prices (not including any available discounts or promotions) range upward from $150 depending on the plan you choose and and number of units you need to track. For more information regarding pricing see the official STRATAFOLIO Pricing Page.
Contact Information
For more information contact the App Developer using the information below.
STRATAFOLIO
415 12th Avenue SE
Cedar Rapids, Iowa 52401, USA
Phone: 319-214-3092
support@stratafolio.com