Tenant Pro 5.0 property management software out.

Property Automation Software Corporation recently shipped its latest version of Tenant Pro 5.0. With over 68 new features and enhancements, the new version 5.0 delivers unprecedented levels of power and functionality.

Version 5.0 was under development for almost three years and encompasses full 32-bit technology. According to Bill Kershaw, Property Automation Software's vice president and lead programmer, "Tenant Pro 5.0 has reached a functionality level traditionally found only with larger accounting software companies. During the design stage, the team focused on how to bring features like drill down capability, tabs and extensive linking to a vertical market like property management. We believe we have done that with Tenant Pro 5.0."

According to Tenant Pro user Albert Taub, "After seeing a live demonstration, nothing on the market comes close to the new Tenant Pro 5.0. One particular feature we like is how it handles roommates. We manage condominiums at the University of Texas at Austin where we have multiple tenants living in the same unit. The new Tenant Pro 5.0 allows us to keep track of each tenant's ledger, while at the same time taking a deposit on that unit for a future tenant."

A few of the 68 new features and enhancements are:

* Windows 98/95 and 3.1, true 32-bit

* Unlimited check distributions;

* Revamped bank reconciliation;

* Windows NT version;

* Mark properties as inactive;

* Drill down capability;

* Toolbar and powerful lists;

* View property and owners balances;

* Step-up rents/rent escalations;

* Up to 24 months before closing;

* Templates to speed setup;

"With over 68 new features and enhancements, Tenant Pro 5.0 is a quantum leap from it's predecessor," said Property Automation Software's President Jacob Garza. "With over 8,000 users nationally, we expect our user base to double within 18 months. We have the infrastructure in place, and now we have the new 5.0 version to make it happen."

With over 8,000 satisfied customers nationally, Property Automation Software Corporation has had controlled growth of nearly 200 percent annually over the last six years. Tenant Pro 5.0 is expected to maintain its dominance and solidify itself as the defacto standard in property management software.

Tenant Pro 5.0 is available now. The cost of upgrading is from $199 to $699 depending on the version. A complete list of features is available on the company's web site, www.propertyautomation.com.

Tenant Pro 5.0 is a complete property management software program that combines a complete accounting system with a comprehensive database to provide instant information on tenants, owners, units, vendors and properties. Pricing for new users is from $495 to $1,495 depending on the number of units being managed. Tenant Pro 5.0 is year 2000 ready.