In the Spotlight with Paul Oxley

In the Spotlight with Paul Oxley

In The Spotlight

We caught up with Paul Oxley, MD of property management software specialists, Visionbase Software

1. What does Visionbase Software offer the property market?

Visionbase Software has been developing property management software for over 20 years.  We offer a range of software products that are integrated with Sage 50 to help manage property portfolios – both residential and commercial.  We provide property management software to estate agents, local authorities, property managers, landlords and recently to the Church of England. Our products include Decorus, Decorus Online and Landlord Manager

2. What do you do differently from the competition?

Decorus and Landlord Manager are the only solutions to integrate seamlessly with the number one accounting solution, Sage 50. Our customers see productivity increase thanks to the wide range of time-saving features and task-condensing functions, including office accounting, as well as client accounting.  This is something the majority of our competitors don’t offer. When buying our products, you don’t just get a software solution, you will receive ongoing service, support and training which is invaluable in a systems-oriented environment.

3. What are your key USPs?

Whatever property software you use to manage your accounts, the basics such as raising and receipting a rent invoice, right up to paying the landlord, still have to be carried out. What better way to do this than use Sage? Our software doesn’t have a built in accounting engine.  It compliments a tried and tested accounts package that has been used over the last 30 years. There are also enough Sage users out there to make recruiting for a new accounts administrator a far simpler task.

Decorus is the only premium property management software package with integration to Sage, a format recognised by over 90% of accountants. This property management software is suitable for residential and commercial lettings. The flexibility in Decorus makes it adaptable to solve a wide spectrum of problems from calculating service charge budgets for block managers, to proving to be the best software with tools to streamline paperwork and simplify client accounting for agents, making it the ideal lettings software.


4. What do you think are the key challenges for the property market in 2017?

Landlords are facing a raft of new buy-to-let tax measures introduced by the Government, including the changes in mortgage interest tax relief which comes into force in April 1 2017.  This is forcing some smaller landlords out of the market, while landlords with bigger portfolios are considering investing in commercial property or incorporating to protect profits.  Property prices look to slow in 2017, with the uncertainty surrounding Brexit.  However, overseas investors will continue to take advantage of the low sterling and grab themselves some great deals.  However, the big picture is that both residential and commercial property will continue to provide a profitable investment over the long term, in spite of the short term pain.

5. What do you love about the property market?

We get to work with all types of property professionals, with an array of property configurations.  I love providing solutions to challenging issues and we are often commissioned to develop bespoke modules, that will help make their lives a lot easier.

6. What do you hate about the property market?

There is a huge amount of legislation and administration in the property market and accounting can be low priority. Keeping up-to-date reconciled accounts is vital to a achieving a successful property portfolio. However, stats show that over 60% of businesses don’t use an accounting solution and rely purely on spreadsheets and other antiquated methods. Legislation in the property industry means managing and keeping client accounts up-to-date and reconciled is a must. You will be surprised how many agents don’t take this seriously enough, putting not only their own business at risk, but their clients too

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Latest Comments

Kelvin Lloyd
Kelvin Lloyd 09 Oct 2017

IT is up, to the Planners. If they will only give permission for bungalows on certain (suitable) sites, they will be built.

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maggie swift
maggie swift 09 Oct 2017

It's just the beginning of the shocking rise.

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maggie swift
maggie swift 09 Oct 2017

I have recently read that the bungalows can provide social housing for elderly residents in London.

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zoe glover
zoe glover 05 Oct 2017

Update! Worst company I have ever dealt with. Undervalued a Cambridge property by over 100k, wont take on any evidence of valuation including a RICS valuation done 3 years ago for the very same value...

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Paul Edwards
Paul Edwards 27 Sep 2017

Its nonsense articles such as this that make it harder to get clients to realise just how difficult the market is out there. When you see Rightmove and there are more 'price reduced' then 'new' most days...

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Tom Allen
Tom Allen 20 Sep 2017

Absolutely agree with you!

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RyanGeo
RyanGeo 18 Sep 2017

A sharp correction would be a less dramatic expression to use. That is already underway in certain sectors in Reading where I practice as Chartered Surveyor

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sean benton
sean benton 01 Sep 2017

Identity theft is a thread for any profession. So,people should stay alarmed. I once take help from a letting agent and came to know that letting agents are taking every precaution to prevent fraudulent...

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Mark N.
Mark N. 30 Aug 2017

We have seen a surge in instructions over August and that should continue into September too.

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Chris
Chris 30 Aug 2017

Unfortunately, all the legislation bears its force on Landlords and ignores, naively, the effect of Rogue Tenants on the ability of landlords to keep houses in repair and offer properties for rent at reasonable...

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Christian Donovan
Christian Donovan 18 Aug 2017

The write-down on house values, combined with the fall in the GBP saddled the fund?s property portfolio with a 1.4% loss in the second quarter. The shocking amount of $240 million.

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Samantha Goodman
Samantha Goodman 11 Aug 2017

Interesting point of view.

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