{"id":3630,"date":"2020-09-07T13:35:09","date_gmt":"2020-09-07T08:05:09","guid":{"rendered":"https:\/\/www.universityliving.com\/blog\/?p=3630"},"modified":"2024-08-02T17:46:14","modified_gmt":"2024-08-02T12:16:14","slug":"how-things-are-changing-in-the-student-housing-sector","status":"publish","type":"post","link":"https:\/\/www.universityliving.com\/blog\/accommodation\/how-things-are-changing-in-the-student-housing-sector\/","title":{"rendered":"How things are changing in the Student Housing Sector?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.universityliving.com\/blog\/accommodation\/how-things-are-changing-in-the-student-housing-sector\/#A_Technology_that_Helps\" >A Technology that Helps<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.universityliving.com\/blog\/accommodation\/how-things-are-changing-in-the-student-housing-sector\/#Here_are_some_key_features_a_SAAS_product_must-have\" >Here are some key features a SAAS product must-have.&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.universityliving.com\/blog\/accommodation\/how-things-are-changing-in-the-student-housing-sector\/#A_Time_Saving_Virtual_Environment\" >A Time Saving Virtual Environment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.universityliving.com\/blog\/accommodation\/how-things-are-changing-in-the-student-housing-sector\/#Underlying_features_of_the_software\" >Underlying features of the software:<\/a><\/li><\/ul><\/nav><\/div>\n<p><span style=\"font-weight: 400;\">According to changing business trends over the years, the accommodation sector is adapting itself to newer technological developments, looking to gain more profitability and being able to assist the students better. Higher education institutions and student housing providers are moving to \u2018Software as a Service (SaaS)\u2019 and cloud-based solutions for their student services and information systems.&nbsp; <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Software as a service (or SaaS) is a way of delivering applications over the Internet and are sometimes called web-based software, on-demand software, or hosted software.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"A_Technology_that_Helps\"><\/span><b>A Technology that Helps<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">According to Technology Trends for Higher Education, &#8220;Campus CIOs had taken note of the benefits of SaaS solutions. Gartner researchers estimated that by 2017, at least 75% of higher education institutions will be buying or replacing student information systems (SIS) worldwide would be implementing SaaS- or cloud-based solutions.&#8221;&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Leading realty giants and those partnering with them to contribute to the student housing sector should implement technology that helps property managers with accounting, maintenance, and tenant, and lease management. They must keep in mind that while developing a solution, it must cater to crucial needs of both the provider and the end-user. At the end of the day, you should have an answer to the question &#8211; what key features should be included in a SAAS product?&nbsp;<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Here_are_some_key_features_a_SAAS_product_must-have\"><\/span><span style=\"font-weight: 400;\">Here are some key features a SAAS product must-have.&nbsp;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A far-reaching system integration which can connect providers and students anywhere in the world on the electronic devices they use the most.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A web-based environment that works with Safari on Apple devices, Google Chrome, Firefox, Internet Explorer, Microsoft Edge, and in mobile browsers.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A befitting software that surfaces reliability and delivers a facility with 100% network uptime excluding scheduled maintenance.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">An overall intuitive UI, easy to learn and easy to adapt software with 24\/7 troubleshooting and online assistance.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Industry leading in-house support staff who have direct and secure access to your system, to provide assistance quickly and efficiently.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Software updates without disruption, proper management of the server, operating system and database updates as well as upgrades to ensure the software is functioning at peak performance at all times.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"A_Time_Saving_Virtual_Environment\"><\/span><b>A Time Saving Virtual Environment<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Leading <a href=\"https:\/\/www.universityliving.com\/\"><strong>student housing<\/strong><\/a> marketplaces are now coming up with a more sophisticated, time saving and intuitive virtual environment governed by a completely customizable housing and residence life solution to manage their diverse student populations.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Property Management Solutions provide a cloud-based platform catering to medium to large-level providers. There are low maintenance and largely unlimited site-defined user roles with custom menus, screens, and endless online student-based processes. It is by and large a product that comes with its own advantages making the entire student journey overseas no less than a dream come true.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Leading property providers across the world have a more innovative web and mobile ERP system to provide a great customer experience where students can pay rent and maintenance fee, bring forth their complaints and queries regarding accommodation stay, invite and approve visitors, share information about community events, connect or interact with other residents, all in one place.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Underlying_features_of_the_software\"><\/span><b>Underlying features of the software:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li><b><span style=\"font-weight: 400;\">A cloud-based user interface with access to use cameras in smartphones and tablets to capture property photos.&nbsp;<\/span><\/b><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Unique features such as autocomplete address lookups, data management and import feature, and built-in live chat support.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Adding property maintenance requests via the integrated resident portal.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Efficiently operating to manage the day to day operations that works its way forward, towards improving tenancy rates.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Easy access to online portals and mobile applications with self-service options.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">End to end accounting solutions with a totally automated receipt generation and an integrated payment gateway.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Features like payment reminders and budget collaboration for accurate budget and forecasts.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Comprehensive reporting to manage the business from accounting, customer<\/span> <span style=\"font-weight: 400;\">and supplier statements to audit reports and analyze cost maintenance within a property fund to help stay within the student budget.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">The SAAS platform is, therefore, bringing about a change and a total seamless experience for property owners, resident students, and even for the parents back home. This product has digitized the entire property management process in India and abroad while also facilitating seamless integration and smooth experience through a white-labelled application.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The role of SAAS in the student housing sector has been a revolutionary endeavour which uses the same platform to connect providers with students residing in the property and ensure them hassle-free university experience whether in India or abroad.&nbsp;<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to changing business trends over the years, the accommodation sector is adapting itself to newer technological developments, looking to gain more profitability and being able to assist the students better. Higher education institutions and student housing providers are moving to \u2018Software as a Service (SaaS)\u2019 and cloud-based solutions for their student services and information [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[544],"tags":[],"class_list":{"0":"post-3630","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-accommodation"},"_links":{"self":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/posts\/3630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/comments?post=3630"}],"version-history":[{"count":0,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/posts\/3630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/media\/3631"}],"wp:attachment":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/media?parent=3630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/categories?post=3630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/tags?post=3630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}