If you own or run software for business you probably know the hassles involved in managing it. Rental management can be a daunting prospect that needs extra assistance in the form of dependable property management software that handles everything, right from sales and rentals, invoicing and inventory to after-sales services.There is a number of business management software available in the market today. However you need to choose one that fulfills all your requirements and provides customized rental solutions. An important criterion in picking up he right online business software is that it should be easy to install, flexible and user-friendly. The following are some handy tips for selecting the appropriate one.Good business management software is one which not only meets but also anticipates the requirements of the customer. Upgrading it at regular intervals is also an important factor, which can make the software too expensive for you. Therefore it makes sense to purchase third generation web-integrated software that does not require any upgrades. Moreover, there is no danger of losing important data when you use web-based software.Before buying any property management software be sure to check out essential must-have features like a comprehensive accounting package that is able to support all methods of accounting and generate reports in various forms. It should also be capable of sending auto-reminders to your tenants regarding lease expiry notices, late payments, etc. Plenty of storage space for data is also a mandatory feature. A speedy data management system can really simplify the processes of data search and data generation. If your software can generate letters, auto forms or maybe print letters, all the better.The security features that your custom software offers are its most critical aspect. Opt for one that encrypts data transfer and storage in SSL. Always ensure that the data is stored in a safe server that is located in a distant place. There are many other features that can be useful for your business, but the above-mentioned ones are some of the most crucial ones.