Financial Management

Support for Self-Managed Communities..

Financial Management Services

Eclipse offers a unique approach for self-managed associations that would like to leverage our professional invoicing, convenient payment options, timely vendor payments, and transparent financial reporting. 

Our financial management service provides the basis to build both short and long term value for your community. We adhere to professional accounting and management industry standards to ensure that the association is compliant and the financial position is very clear.

In many communities, volunteer board members are willing to dedicate time to ensure that vendors relationships are managed, violations are addressed, and owners are kept in the loop. Allowing Eclipse to handle the financial needs of your community frees your time and allows you to maintain focus on those areas,

Here are some of the key characteristics of our association management service:

Specialized support for association boards..

As a full-service community association management company, Eclipse brings access to resources that help board members of self-managed communities focus on what matters most. Here are some of the ways we help..

Financial Management

Our team provides comprehensive financial management and reporting services to ensure that the financial state of the association is always clear. Because transparency is at the heart of all we do, board members have full access to all accounting reports in real time through the Eclipse Owner Portal. A subset of reports is made available to all owners monthly through the Eclipse Owner Portal.

Budget Preparation

Our management team will assist the board with the preparation of an annual budget. Once adopted by the board, the budget is made available to all owners. The budget will also be incorporated in the financial reports to allow comparison of actual versus budgeted figures.

Assessment Collection

Collection of money due is essential in order for a community association to function smoothly. Assessments are invoiced and collected promptly via check, automatic bank draft, or debit / credit card payment via the Eclipse Owner Portal. Unfortunately, many management companies do not make the extra effort to ensure delinquency procedures are followed. This can ultimately make it difficult to collect money owed to the association and unfairly shifts the burden to other owners. Eclipse will follow your established process or work with your legal counsel to develop a new process to ensure timely collection of all funds owed to the association.

Financial Record-keeping

Maintaining accurate records is made easier through our use of electronic filing, storage, and retrieval systems. All pertinent association records are scanned and cataloged to provide quick access to these references as it may be necessary. Robust cloud-based backup and security ensures that your records are always safeguarded from loss or unauthorized access.

Owner Portal

Eclipse provides a robust online owner portal that allows owners to review or update information in real time. The portal also serves as the gateway for the board to access both personal and community information. The portal experience is provided to all associations without additional cost.

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Needs can change
Over time, a community's needs can change. You may find that you need more or less assistance than first imagined. It's simple to upgrade to full association management if your association would benefit from additional support in the future.
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Dedicated Transition Support

Eclipse makes it easy to transition to our management services.  Through over 100 successful transitions we have refined a clear pathway to make the process as smooth as possible. We provide a dedicated transition manager that works to ensure everything is on track and moving forward.

Discover The Eclipse Difference

Our team stands ready to support your community association. Reach out to us to explore what it’s like to be a community that eclipses the rest..