Homepal, Hypergene or both? How to get the most out of your money.
Homepal vs. Hypergene - Two systems for different needs
This blog post is aimed at those who already use Hypergene and are thinking about how Homepal could fit into your current system environment - and at the same time don't want to invest in a system that does exactly the same thing as one you already have. Don't worry, that's not the case here.
Hypergene - A tool for financial management
Hypergene is well known as a powerful tool for finance departments. Its main strengths are budgeting, forecasting and strategic financial management. Finance departments can use Hypergene to set up business plans, create budgets and follow up on financial reports. It is a solid tool for gaining full control over the finances of real estate operations.
But this is where the limitations start to show.
Hypergene is fundamentally a tool built to meet financial needs. When you're managing the core business of a real estate company - owning and managing properties - you need tools that go beyond pure financial reporting. While you can technically build niche monitoring and reporting solutions using consultants in Hypergene, it is both inefficient and expensive.
Homepal - Tailor-made for property management
This is where Homepal comes in as a smarter option for day-to-day property management. With Homepal, you get a system that is tailored to real estate companies and their management needs. Homepal is not a general BI tool, but a system specifically designed for the unique needs of real estate companies, whether you work with residential, commercial or public properties.
Unlike Hypergene, with Homepal you don't have to spend time and resources building custom reports with the help of consultants. All the features and tools you need are already there, in the form of industry-specific dashboards and reporting solutions. You can easily monitor, analyze and report on data from your properties - with a few clicks and without technical expertise.
Why two systems are better than one
Hypergene works great for the finance department when it comes to business planning, budgeting and financial forecasting. It is a strong tool that should continue to be used for these purposes.
However, when it comes to actual property management, Homepal is the better choice. Homepal offers a more efficient and cost-effective solution for monitoring the real estate portfolio on a daily basis. Instead of having consultants build custom solutions in a general BI system, you get a platform that is already adapted to your business and can be adjusted and customized as needed, without having to involve external actors.
Faster implementation and greater flexibility
Thanks to Homepal's ready-made integrations with the real estate industry's most common systems, you can have the system up and running in just a few weeks. You avoid the lengthy consultancy process and get the benefits of the tool quickly. In addition, Homepal acts as your personal coach, helping you optimize the use of the system and ensuring that you use the right dashboards and reports for your business.
Conclusion - The best of both worlds
Let the finance department continue to use Hypergene for budgets, forecasts and strategic management - they are good at that. But management needs a different tool. While it is possible to build these solutions in Hypergene using consultants, it is much, much more cost-effective (and easier!) to use Homepal for property management.
Investing in Homepal means you get a system that is optimized to help you and your management improve both operations and your financial metrics. Choose Homepal, and focus on managing properties, not building reports
