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Case Study

Transform Mixed Portfolio Management: Tailored HOA Tools and Automated AP Workflows with Vantaca

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tyco

Tyco Property Management

Established: 1966

Headquarters: California

Mitch Compton, the current owner of Tyco Property Management, joined the family business in 2020, bringing a fresh perspective to its operations. Founded by his grandfather in 1966, Tyco has been a cornerstone of property management in Southern California. In 1986, Mitch’s father expanded the business by introducing HOA management, fueling steady growth over the years. By 2020, however, it became clear that their legacy systems could no longer keep up with the evolving demands of modern HOA management.

Before implementing Vantaca, Tyco relied on outdated software primarily utilized by the accounting team. Much of their accounting was handled manually, particularly with payables and receivables. 

The Challenge

  • Managing rental properties and HOAs on a unified platform often leads to inefficiencies and diluted functionality.

The Solution

  • Vantaca’s tailored HOA management platform offers tools designed specifically for board governance, compliance, and community engagement, allowing you to manage diverse portfolios without compromise.

Key Benefits of Vantaca for Mixed Portfolios:

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Specialized HOA Management Tools:

Designed specifically for board-led governance and community transparency.
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Separation of Platforms for Focused Functionality:

A distinct HOA platform ensures each business type gets the tools it needs to excel.
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Efficiency Gains Across Operations:

Automation minimizes manual tasks, enabling teams to focus on high-impact work.
Mitchell Compton

“The HOA business is very specific. Vantaca’s founding team has deep industry experience in HOA management, and that was like, OK, they get us, they understand what's going on.”

Mitchell Compton Owner, Tyco Property Management

Streamlining Success: A Solution for an Optimized AP Process

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Automated Accounts Payable:

Streamline invoice processing and vendor payments through Vantaca’s integration with AvidXchange.
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Improved Vendor Relationships:

Ensure faster, more reliable payments, enhancing trust and collaboration.
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Cost Savings Through Efficiency:

Reduce labor expenses by eliminating manual processes.
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Why Tyco Property Management Chose Vantaca

Mixed Portfolio Mastery: Tyco Property Management transitioned to Vantaca to address the complexities of managing HOAs alongside rental properties. By separating platforms, they tailored tools to HOA management, enabling better board and homeowner experiences.

Read the Case Study HERE

Optimized AP Efficiency: Vantaca’s integration with AvidXchange automated Tyco’s AP processes, significantly reducing manual workloads and improving vendor satisfaction.

Read the Case Study HERE

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