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Royal York Property Management: Embracing the Digital World

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The shift in the digital world is no surprise. It has heightened cultivation, driven simplicity, and eliminated work while increasing revenue. While advancements have shown the endless options of software and tools, most businesses have had the choice to integrate technology solutions, until the wake of the COVID-19 era.

Transition to a digitally-enabled society has become essential for businesses to survive; creating progress in what seems to be, a daunting world of work, and developing success in remote work. While the pandemic has created many challenges, it has opened a new door of possibilities by questioning our integration of technology, leading us to question: what if we replaced ourselves with automation and drove effectiveness?

One business that has focused on unified technology solutions is Royal York Property Management. Founded by Nathan Levinson in 2010, Royal York specifically handles property management for single-family homes, working with homeowners and tenants to provide a great tenant experience and guarantee the rental income for property owners. With its focus being on improving the leasing experience, it was imperative to ensure the safety of prospective tenants, property owners, and staff, all while increasing productivity. And that’s what they did.

Royal York Property Management adapted to changing work environments and has become a great example of businesses that thrive in difficult times. Avi Levinson, Director of Property Management, developed new strategies and implemented new technologies that focus on custom security and integration. With their tenacious devotion to streamlining the property management system, Royal York offers a secure and user-friendly experience like no other.

It’s hard to imagine a world where real estate companies can thrive without in-person interactions. Interestingly enough, the team at Royal York created their core business structure by managing everything digitally. Instead of focusing on traditional models, Royal York was able to cut ineffective processes and increase revenue, including a full embrace of remote work when required. Even with a large influx of customers who are more anxious than usual, their custom software such as, the leasing system, allows them to handle everything in a streamlined manner — tenants can view, pre-qualify, and apply for properties from any device, all in the comfort of their homes.

More importantly, the digital space allowed Royal York to increase accountability by implementing an electronic payment system that provides end-to-end security for their clients and tenants. Quickly moving in the unprecedented times space, Royal York was able to implement a custom software solution that aided in the customers journey and in new employee working conditions. Inevitably, they determined that the best way forward was to offer a solution that was accessible from any device; offering client and tenants security and generating a seamless interaction with their company using single software platforms that drives customer retention and revenue growth.

Through automation, Royal York is keeping up with the increased demands — with tenants viewing and signing a lease in as little as one-weeks’ time. Moving to a platform that allows tenants to inquire about properties easily and view effective virtual tours, Royal York software facilitates a smooth process by screening tenants and protecting landlords from the application process onward. However, with the real estate sector being 20 years behind everyone else, their greatest challenge has been getting people to actually adapt to a digital process. Tenants are used to seeing a property and sometimes, the virtual tours are not good or informative, often giving no true feel of the property. With this in mind, Royal York strives to have virtual tours that explain to people what they are looking at and point out any potential deficiencies or opportunities.

Royal York Property Management is a great example of how challenging times can prompt success in a business. Royal York has been able to leverage the digital world and expand international developments. After all, it has provided a better option, which has done more than simply increase results — it has multiplied them. With their trajectory steadily going up, they are continually scaling out their software and processes to expand beyond Canada, with plans to be in Southern and Southeastern Europe. The first opening was in Tirana, Albania, on February 1st, 2021.

Believe it or not, their customized software has made it possible to accomplish more by doing less; it has entered a world of elimination — a world of endless possibilities that embraces innovation and global affairs. It goes without saying that Royal York Property Management is a business for the modern world: the global citizen who is ready to progress in our digital world.

Media Contact:

Pandora Ziu

Royal York Property Management

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Why CEN Standardization is Good for Big Tech and Small Businesses

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CEN is the European Committee for Standardization and works to create standards for 34 European countries in the European Union and European Economic Area. CEN standards, which you can access on iTeh Standards, are used to establish industry standards and technical documents for a variety of industries including:

  • Construction
  • Consumer products
  • Chemicals
  • Air and space
  • Energy and environment
  • Food for human consumption
  • Food for animal consumption
  • Health and safety
  • Defense and security
  • Machinery
  • Pressure equipment
  • Smart living
  • Transport and packaging
  • And more

Why standardization is essential

Standardization in any industry automatically increases important processes’ efficiency and makes it easier and cheaper to do business. Less time is wasted, less materials are wasted, and standards are continually revised to reflect the most efficient processes.

When small businesses and large corporations adopt industry standards, it strengthens the market competition, which supports economic growth. According to CENELEC, an organization that works jointly with CEN, standards “facilitate innovation and promote the adoption of new technologies.”

What’s so special about CEN standardization?

CEN standards are special because they apply to entire industries across the EU.

Any company can create their own standards in business, but they may not have all the information required to know if their standards are actually best for the industry and customers. When businesses in the same industry create their own standards, they’re not operating at their highest potential. They’re also operating in conflict with one another, which can sometimes make it hard to switch manufacturers and suppliers.

Having CEN standards relieves businesses from having to figure out their own standards at a fundamental level. They can still create their own standards for how they wish to do business, but the base level industry standards will be covered.

Having CEN standards also forces manufacturers and suppliers to conform to a set of industry standards, which helps them stay competitive in the market. When manufacturers and suppliers are required to meet the same standards businesses are accountable for, businesses can order raw materials and products from certified sources.

Standardization enhances the customer experience

No matter what gets standardized, it all leads to a better customer experience by creating consistency. In the end, every bump you can smooth out and every wasted second of time you can eliminate leads to a productive work environment. When teams are productive and things are running smoothly from top to bottom, customers are happier.

Likewise, standards also work to maintain safety, which also enhances the customer experience. For example, health departments set standards for handling and storing food to keep it safe, and machine shop workers follow standards for wearing protective gear and clothing to prevent injury.

You can standardize just about anything in a business, including job activities, rules, procedures, technology, services, behaviors, and measurements.

CEN standards are well-tested and documented

The advantage of CEN standards is they’re well-tested and documented. They weren’t just arbitrarily thrown together by collecting theoretical information across industries. CEN standards are created by studying and testing to see what works, what’s most effective, eliminating what doesn’t work, and establishing a set of rules that can be universally applied across the industry.

On the other hand, when organizations come up with de facto standards, they’re often illogical, ineffective, and counterproductive. De facto standards become a big problem when they’ve remained unchallenged for a long period of time. People want to do things the way they’ve always done them, and introducing standards can be off-putting to many.

Many businesses may not even be aware that their standards are actually inefficient methods like workarounds that have simply been in place for a long time.

There’s always room for more standardization

Standardizing industries is a big task – one that is infinite in scope and duration. There will never be an end to standardization. As technology evolves, standards must evolve alongside whatever tech is being brought to the industry.

While the world’s technology evolves, CEN will continue to work hard to create and develop standards for industries. Hopefully, more businesses will embrace these standards and see them as a support system for their business rather than an inconvenient hurdle.

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