Kayvon H.
Dont wast your time with Buildium
Dont wast your time with Buildium Their financial reporting is a joke. We manage HOA's and I highly advise against using this firm as they lack proper financials. For example they have a "so called" aging delinquency report. It doe not work. We have spoken to their tech support and they agree the system is flawed. However, they make no effort to fix it. Try getting an accounts receivable or accounts payable report , it does not exist. Ask their customer service for it and they will actually tell you to pull an income statement report. Somehow, they think that is the same thing. We have had two CPA's advise us that we should stop using this firm for HOA management. We are defiantly in the process of looking for another vendor. Other issues: They use Forte as their ACH vendor for EFT payments. Their in software application process is a disaster and confuses everyone from Forte to their own customer service people. There are tons of other "bug type" easy fixes through out their software. We bring it to their attention and nothing happens. Imagine managing hundred of properties and needing to pull a budget for a specific property. You click on the drop down to find the property and guess what? You have to search through all the properties to try and find the one you want. Yet on other drop down menus in their system you can type the first letter of the property name and the properties starting with that letter pop up. Why the inconsistency? More fun: Try using their system to generate 1099s, there are limited filer options. You have to uncheck manually every vendor you don't want to 1099. I am just scratching the surface on some of these issue but there are many more.... After posting this review yesterday our accounting reached out to Buildium. Below is his email to me. "Client" , I spoke with Buildium this morning. They said Buildium does have an A/R and A/P detailed report but that my individual “user roll access” settings do not allow me to see the reports. They said I should speak to you about increasing my reporting access. Buildium’s “Transaction Report” is what I am now looking for. While drafting this email, I just got another callback from Buildium and I asked about the Transnational Report. (Employee name redacted), admitted it is the same as the general ledger report….and that Buildium does not have these very basic accounting reports. (Employee name redacted) said he would submit a request to their software update area to see if they could update Buildium to include these reports….as he said other clients have requested them as well. (Employee name redacted), has been telling people who need this report to create it themselves in excel after using the Transactional Report via manually offsetting every debit and credit to see what is left. Unbelievable! It would take hours to manually eliminate all offsetting debits and credits in both the A/R and A/P accounts. I still would like to see what this Transnational Report looks like. Can my user access be increased? This is another reason to switch to ( redacted company name) for your HOAs ….at year end."
Response from BuildiumOct 18, 2017
Hi Kayvon, Thank you for your feedback. We understand you've been working with Jay Wilson, Buildium's account management manager, regarding the items you've brought up in this review. To reiterate what Jay has mentioned to you personally, the request to be able to search for a property by typing it in on the Budget vs Actuals report has been added - you can also view these reports live in your web browser now, without having to download a PDF. The 1099 limitations you mentioned have also been resolved. Last year we added select all checkboxes to make filing 1099s easier. This year we will also have the ability to exclude specific vendors and rental owners from appearing as recipients in a batch. We realize that even with a software that has grown over the past 13 years to serve 13,000 customers there is always more we can add to our product feature set to make our customers' lives easier. It seems most of your desires revolve around reporting. We're currently investigating the ability to provide more detail on our delinquency report, as well as digging deeper into A/R & A/P within our balance sheets. We also are aiming to release features that will make it easier to share reports with your clients later on this year. Lastly, we know that the Forte customer experience is intertwined with our customer experience and we are always open to ideas to work with them to make your day better. It looks like your latest question revolving the budget vs actuals report was resolved with our support team, but we hope you always feel that we have an open door to provide any feedback to make not only your experience better, but all of our customers. We'll always be transparent about what is and is not currently in the works. Please don't hesitate to reach out to us or Jay with any continued questions or concerns. To your success, The Buildium Team


