Real Estate Investor October 2021 | Page 31

forces the property manager to keep and populate sheets to determine the voting results in value , forcing additional staff to attend the meeting to try and process this efficiently . There is significant room for errors .
“ WeconnectU developed an end to end meeting module called MeetingSpace . It is a fully integrated module with a community management solution where you can legally do all activities relating to preparing and calling a meeting , running a meeting , and concluding meetings with all the relevant actions post meeting . MeetingSpace greatly contributes to eliminate the challenges property managers faces , which is firstly compliance with the law and the many regulations the industry have to adhere to , and then the ability to manage multiple community scheme meetings across portfolios . We essentially enable scalability . environment allows one person to seamlessly conduct and manage meetings and close the loop with all actions emanating from the meeting .
Van Heerden says online meetings or video conference meetings provide a viable alternative where members cannot attend a physical meeting . “ Indeed , the ability to attend a meeting electronically has assisted some schemes in meeting quorum requirements where they struggled previously and allowed members to participate from a distance . While only a trustees ’ resolution is required to run a meeting virtually owners must be able to attend virtually . A growing trend is running of hybrid meetings , specifically arranged where virtual attendance of members is not possible ,” concludes Van Heerden .
“ The moment you do not follow due process , decisions may be declared null and void which creates confusion and frustration .”
Van der Merwe says one of the most important tools the software offers , is compliance during voting through real-time voting ability . The integrated