Benefits of using a Service Bureau:
Whether you are a owner/agent or acting as a Contract Administrator your objectives are the same:
(To assure accurate and timely reporting of tenant data and HAP requests to TRACS.)
This can be accomplished by a more expensive and error proned traditional way.
Hiring staff trained in both computer hardware and TRACS compliant software as well as
HUD-4350.3 and TRACS compliance...a combination that is difficult to find.
Purchasing or developing your own software for MAT compliance and continually upgrading to
accommodate the constantly changing TRACS process.
Annual licensing fees and technical support fees associated with software packages.
Purchasing or upgrading current computer hardware to accommodate the new software requirements.
Developing complex policy and procedures for reporting to HUD.
Or you can eliminate most of these headaches by outsourcing these tasks to a Service Bureau
FOR MUCH LESS!