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

Tony Gimple
Tony Gimple 14 Apr 2017

I'm not at all surprised that so many landlords are still confused about what the tax changes really mean and how it will affect them. In particular, the blind rush to incorporation is leaving landlords...

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MH
MH 13 Apr 2017

You are right that the bank holidays are going to be spoiled in looking for the properties. But people who want to sell their property and looking for the better relocation, they can get benefits of this...

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bnellyb
bnellyb 08 Apr 2017

There will be an exodus of private landlords over the next 5 years as tax changes take effect, private landlords provide an important service to the rental market, why do housing associations and councils...

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Fred Cassman
Fred Cassman 07 Apr 2017

"Make it look like you are at home": often people forget this and share on facebook their location!

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jared townsend
jared townsend 05 Apr 2017

It'll be interesting to see how & if the Government's asset sale regarding mortgages helps

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SecomTech
SecomTech 04 Apr 2017

...and not one mention of the rules on PERMITTED DEVELOPMENT!!! Unless you have studied the plans you will not know...It's probable a high proportion would not need planning permission...BUILDING Control...

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Jonathan
Jonathan 03 Apr 2017

That's a very interesting study indeed. There is no doubt that new services and web apps such as Wonego.com in the UK or Roomster in the US will change the way people look for a flatmate, and that tenants...

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MBM Homelets
MBM Homelets 23 Mar 2017

Although this is a very positive step, there is little or no guarantee of the standard of workmanship employed by the tenants. We have had experience of a professionally decorated property being ' painted'...

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ajay
ajay 21 Mar 2017

How is the "robust evidence" looking now?

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NathanG
NathanG 20 Mar 2017

I've been watching the series so far and am completely baffled by the cases that were presented. Though, I don't think that we can protect ourselves from every scam possible - it will just make the scammers...

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Landlady14
Landlady14 01 Mar 2017

You would think so Niraj Shah! My experience only proves that there are varying qualitiers of professional in all aspects of property letting. None of the ones I have dealt with, from letting agents to...

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Mark
Mark 01 Mar 2017

Thanks for this article. Hopefully one day everybody's lifestyle will be eco-sustainable.

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