5 Ways Smart Access Can Reduce Operational Costs for Property Managers
Efficiency and cost savings are becoming increasingly crucial when it comes to property management. Whether you oversee multifamily housing, student housing, or commercial properties, every minute and every dollar counts. That’s why more property managers are switching to smart access control systems like Entegrity (a VIZpin brand), to streamline operations, boost their ROI, and cut unnecessary expenses and headaches.
Smart access isn’t just about convenience — it’s about creating a more secure, efficient, and cost-effective way to manage properties. Uncover five ways smart access solutions can help reduce operational costs while improving daily management and resident experience.
1. Eliminate the Cost of Constantly Replacing Lost Keys and Fobs
Traditional keys and fobs can be a major drain on money and time. Between replacements, rekeying, and lock changes, these costs add up quickly — especially across multiple properties. It also consumes a large amount of staff time and energy. Smart access technology allows residents to use their smartphones as their key. When a resident moves out, access can be revoked instantly, eliminating the need to track down keys or change locks – this can result in an average annual savings of about US $6,000 per property. Time and money saved!
2. Streamline Move-Ins, Move-Outs, and Turn
Move-in and move-out days can be chaotic for property management teams. Smart access makes the process faster and easier. Instead of manually issuing and collecting keys, property managers can grant or revoke mobile access credentials instantly from any browser with our cloud-based management tools. This not only saves staff hours but also ensures tighter security between transitions. Smart locks and mobile access control allow properties to better handle high turnover with fewer issues and, of course, fewer expenses.
3. Reduce Labor Costs and Improve Staff Productivity
Time is money. With traditional, outdated access control systems, staff often waste time responding to lockouts, handling key distribution, or dealing with various access issues. Smart access systems like the Entegrity brand eliminates these tedious manual tasks. Residents can simply manage access with their phones, and property teams can control permissions remotely. This reduces on-site staffing needs and allows teams to focus on other responsibilities. Property managers saved an average of 260 hours per year on user registrations alone.
4. Minimize Maintenance, Installation Time, and Hardware Costs
Traditional access systems require complex cabling and wiring, networking, and on-site servers, which drive up installation and maintenance costs. Entegrity access control eliminates those expenses – simple and convenient. There’s no need for network infrastructure, which means faster installs and lower maintenance. Fewer moving parts also mean lower repair costs and improved overall system reliability, resulting in savings. Did you know the Entegrity Lever Set can help you lower your operating costs by 70%?
5. Boost ROI Through Increased Efficiency and Resident Satisfaction
Bottom line, smart access delivers a clear return on investment for property managers and owners. Faster installations, reduced labor, and lower maintenance all contribute to amazing cost savings. Residents also love and appreciate the convenience of using their phones as keys, helping improve retention while making properties more attractive to new residents. By upgrading to Entegrity access solutions, you’re cutting costs and increasing the long-term value of your property.
Smart access isn’t just a modern amenity — it’s an investment in your property’s future. From reducing operational costs to enhancing efficiency and improving security, The Entegrity brand of access control and visitor management solutions provides property managers with the tools they need to stay competitive and set themselves apart.
Ready to see how Entegrity smart access can help your property save money? Contact us today.