IBS provides Imperium property management software for Arkansas commercial real estate firm
TOTOWA, NJ — Integrated Business Systems (IBS) has been retained by Associates Solutions, Inc. to provide its Imperium Powered by Acumatica property management software to a rapidly expanding Arkansas commercial real estate organization, announced IBS president Michael Mullin. This marks the first national installation for the Totowa-based company’s cloud-based product. Based in Lenexa, KS, Associates Solutions, Inc. is a value-added reseller (VAR) for Acumatica, a popular cloud enterprise resource planning (ERP) solution. IBS, in conjunction with the Acumatica development team, created its Imperium software as a stand-alone property management/accounting system that addresses the requirements of residential and commercial real estate owners and managers. The product also functions as a separate, add-on component for the Acumatica ERP platform, providing a fully integrated, industry-specific solution for Acumatica VARs like Associates Solutions. “Our new client in Arkansas is a relatively young company with a very bright future,” noted Associates Solutions’ Matt Winship, director of consulting services. “Its rapid expansion is taking place across multiple business units – as a landlord renting space to retail tenants, as an operator of event facilities and as a commercial developer. From the outset, we recognized that providing property management functionality as part of the Acumatica package would play a critical role in successfully winning the business.” Launched in 2016, the Imperium Powered by Acumatica software offers deep strength stemming from IBS’s four-decade development history, particularly in the areas of escalations and recoveries, lease abstracts, and utility and tenant service billing. It also integrates seamlessly with best-in-class applications across multiple real estate services categories. “We examined what is out there and available, and Imperium became the clear choice,” Winship said. “The product functionality offers everything a real estate organization needs to capture revenue and expenses across every property and project type. It also fits right into the Acumatica framework, which is a huge benefit. Additionally, the IBS team served as an invaluable resource from the outset, demonstrating the advantages of the product and helping this client’s leadership become comfortable with their decision.” IBS’s Steven Hirsch, product manager, remained closely involved through the implementation process. “In short, we were there to ensure that Imperium was fully operational and bridge the learning curve,” Hirsch noted. “And we remain available for ongoing support and updates moving forward, as Associates Solutions works to meet its client’s evolving needs.” For IBS, the relationship with Associates Solutions reflects the firm’s growing focus on geographic expansion. IBS launched its legacy property management/accounting system in 1979 and is a recognized New York/New Jersey regional leader in its niche. “The experience with Associates Solutions has been terrific,” Mullin said. “Ultimately, this is a great illustration of Imperium’s viability and potential to provide a sound platform for owners and operators of real estate nationwide through the Acumatica Partners network.” Today, IBS products and services reflect several generations of technological advancement. In addition to servicing and growing its Imperium Powered by Acumatica client base, the firm supports the dozens of regional commercial and residential real estate owners and operators using its legacy lease management/accounting software. Additionally, IBS’s Managed IT Services division offers comprehensive consulting, design, installation and support services. IBS embraces the most powerful products to ensure a reliable and secure technology infrastructure.