Domin-8 Enterprise Solutions Announces General Availability of Paradigm RPM 4.1
Paradigm RPM 4.1 now offers expansive list of features and capabilities for both tax credit and market rate properties
CINCINNATI, OHIO, May 8, 2006 – Domin-8 Enterprise Solutions™, a leading provider of advanced property management software and services for the multifamily housing industry, today announced general availability for Release 4.1 of its Paradigm Residential Property Management (RPM) solution, a powerful and tightly integrated solution, enabling control of every aspect of the lease and property management process. Paradigm 4.1 is designed to support the unique business needs of large market rate and tax credit property owners and managers, delivering a set of intelligent tools and capabilities that help companies reach the full potential of their property investment.
This release of Paradigm includes a new Affordable Housing enhancement, as well as a number of improvements for Market Rate Housing.
The Affordable Housing enhancement provides the following capabilities:
* Project Configuration - includes set-asides, assigns ’bolted’ and/or ’floated’ status to units, and accommodates multiple tax credit programs.
* Estimator Tool - calculates an estimated percentage Area Median Income (AMI) and pre-screens a prospect for eligibility.
* Applicant Qualification - processes and tracks application verification forms and creates an automated Tenant Income Certification.
* Compliance Tracker - generates state specific compliance reports at any time for one or multiple projects.
* Recertification - automates the recertification process producing all verifications and TICs.
Market Rate improvements provide the following capabilities:
+ Bulk Payment - utilizes enhanced functionality to efficiently enter large volumes of individual payments by check, cash, credit or debit card, or money order.
+ Guest Card Processing - creates a unique guest card by property which is entirely configurable, allowing each property to create the sections and fields important to that property.
+ Help Functionality - provides help information with the always-open navigation pane and work-flow orientation structure. Includes a glossary, an index, search capabilities and several easy-to-follow video tutorial files.
+ Prior Period Adjustments - provides the ability to edit transactions that occurred in a prior period with Paradigm automatically calculating all necessary offsetting transactions.
“We’re extremely pleased to announce Paradigm RPM 4.1, as it now offers a uniquely powerful combination of tax credit and market rate features for large property managers and owners,” said Denis Clark, vice president of sales and marketing for Domin-8. “The unmatched number of features and capabilities within Paradigm RPM 4.1 illustrate Domin-8’s continued commitment to offer the industry’s most innovative and feature-rich property management solutions.”
Key features and benefits of Paradigm RPM 4.1 include:
+ Provides a single point of command and control for all property and resident management functions.
+ Allows property specific processing controlled by a wide array of setup parameters.
+ Ensures enforcement of business rules with the exclusive electronic paperless leasing process.
+ Utilizes a single database allowing the quick and easy access to all business data and management functions, from anywhere across your enterprise.
+ Provides real-time management information through the included business analytics tools.
Integrated Value-Added Services of Paradigm RPM 4.1 include:
+ Background Screening - On-the-spot applicant screening for credit, criminal and eviction, with automatic enforcement of results.
+ Renters Insurance - Providing renters the convenience and assurance of property and liability coverage during the lease application process.
+ Electronic Payments - An electronic payments solution for credit and debit cards and ACH transactions.
About Domin-8 Enterprise Solutions
Domin-8 Enterprise Solutions is a leading provider of advanced property management software and services for the multifamily housing industry. Domin-8 offers three property management solutions: Paradigm Residential Property Management (RPM), a fully-integrated, web-based solution for large scale market rate and tax credit housing; Management PLUS, a comprehensive Windows-based solution for small to midsize market rate, tax credit and HUD housing, as well as student, senior, and military housing; and RealProperty PLUS, a Windows-based front and back office solution combining the best information functionality and workflow for midsize multifamily, commercial, and retail. Domin-8 also delivers a full suite of tightly integrated Value-Added Services for background screening, renters insurance, and electronic payments, giving property owners and managers a single point of control for every aspect of apartment property management. Domin-8 offers a complete portfolio of training, implementation and support services. Domin-8 is headquartered in Cincinnati, Ohio. For more information, visit www.domin-8.com.
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