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Date Posted: 9/6/2007

Maxwell Systems Releases Colonial Version 6.9


Maxwell Systems Colonial 6.9 offers advanced property management tools that save time and increase productivity
 
 
Maxwell Systems, Inc., a provider of business management software solutions and services for the construction and property management industries, today announced it has released Maxwell SystemsTM ColonialTM 6.9. In conjunction with Colonial 6.9, Maxwell Systems is announcing the release of the Loan Processing module. This module helps streamline the management and processing of property mortgages and other types of loans. This new application provides features that efficiently create amortization schedules for the full life of the loan; automatically create AP invoices; integrate with the Colonial Budgeting and Forecasting module; efficiently store in-depth loan information; and provide historical payment information.

Colonial helps companies achieve operational efficiencies, cost reductions, and increased profits with key capabilities that include Property Management, Construction Management, Financial Management, Forecasting, and Budget Management. This gives property management and development executives the necessary tools to monitor and control profitability and productivity for properties of any size.

“Our newest version of Colonial enhances existing capabilities to provide our customers with the tools they need to streamline budgeting and forecasting, and utilize new technologies to enhance business performance,” says Jim Flynn, President and CEO of Maxwell Systems. “This comprehensive solution was developed to manage short- and long-term tasks undertaken by property managers. With Colonial, property managers can now maximize revenue, manage debt, make long-term strategic decisions, and minimize the risks inherent with administering large, intricate assets.”

Colonial Loan Processing includes the following features:

> Amortization Scheduling is efficiently created by Loan Processing for the full life of the loan. Summarizing and centralizing payment information in reports such as the Loan Abstract gives property managers the ability to project cash flow and monitor future cash obligations.
> Automated AP Invoices are automatically created on a monthly basis to meet principle, interest, and escrow payment obligations.
> Streamlined Budgeting ties the loan amount to budgeting so property managers can manage long-term forecasting with greater control.
> In-depth Loan Information gives property managers the ability to store a wide variety of information for outstanding loans, which can be used to improve decision-making and budgeting.
> Historical Reporting allows property managers to view historical payment information such as amortization schedules, posted invoices, and payment information, enabling them to verify when payments are made.

Centralizing this crucial information makes it easily accessible to the necessary people. By automating much of the processing that managers are required to complete, Colonial Loan Processing eliminates the need for manual data entry. This saves property managers time and reduces the possibility of human error. Ultimately, managers enjoy increased productivity.

“Colonial 6.9 does everything that I need it to do, and has even more features than I had hoped for,” says Andrea Bryant, Owner and Business Manager for Bryant Management in Houston, Texas. “The new system far outshines my previous system, and Colonial is continually being upgraded. I’m constantly using the loan processing module, which makes paying loans a breeze. Best of all, I know that Maxwell is approachable. The company really listens to its customers regarding what we want or need.”

PRICING AND AVAILABILITY
Maxwell Systems Colonial 6.9 is now available. Customers can visit the Customer Zone for more information. For the Loan Processing module customers can call 1-800-688-8226, press 1. New customers interested in more information about the product can call 1-800-688-8226, or visit www.MaxwellSystems.com.
 
 


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