Solume Launches AI Driven Reserve Study Management for HOAs
Atlanta, Georgia, United States, 15th Nov 2025 – Solume, an AI-powered HOA and condo association software platform, has expanded its features to streamline board operations, financial oversight, and long-term planning. The platform is gaining attention among associations that seek clearer workflows, stronger financial visibility, and more predictable management processes without the manual workload that strains volunteer boards.
Automated Reserve Study Management
Solume is among the first platforms to integrate automated reserve study management directly into daily HOA operations. Boards often rely on reserve studies that quickly become outdated, leaving communities vulnerable to surprise expenses and special assessments. The platform updates reserve projections dynamically, using operating data, budgets, and vendor information to maintain current forecasts. This method gives associations continuous insight rather than relying on static reports that need periodic paid updates.
Additionally, Solume includes an AI assistant that answers procedural and regulatory questions. Board members often encounter confusion around CC&Rs interpretation, enforcement consistency, and compliance issues. Solume’s AI reduces uncertainty by analyzing governing documents and offering guidance that aligns with association rules and local requirements. This feature also helps prevent internal conflict and errors caused by misinterpreting policy language.
Centralized ARC Request Processing
The platform centralizes ARC request processing, consolidating homeowner submissions, documents, revisions, and approvals. ARC management often consumes significant time, and scattered communication causes delays or miscommunication. Solume’s updated workflow structures the process and maintains clear records, helping homeowners and board members avoid disputes.
Solume also improves financial management. HOA accounting requires distinct reporting, fund separation, and accurate tracking of reserves. Many associations still rely on spreadsheets or outdated tools. Solume tracks transactions, provides budget tools, manages vendor payments, archives historical data, and performs real-time reconciliations. These features reduce bookkeeping errors and enhance financial transparency for boards and residents. Automated dues collection and online payment options further streamline work, giving associations a clearer view of community revenue and homeowner accounts.
Integrated Communication Features
Solume integrates communication tools directly into the platform. Boards can send announcements, dues reminders, maintenance updates, and event notices through a centralized system. This setup organizes outreach by date and category. Consequently, boards maintain consistent communication, and residents receive predictable updates rather than scattered messages across multiple channels.
Maintenance and vendor oversight are also part of Solume’s expanded tools. Work orders, routine scheduling, and repair tracking can now be assigned and monitored within the system. Associations often struggle to coordinate vendors or track project progress. Solume simplifies the process of requesting quotes, comparing providers, and ensuring repair timelines remain transparent.
Centralized Record Keeping System
Solume centralizes record-keeping for residents and properties, eliminating the need to store documents across multiple systems. The organized database improves accessibility and simplifies decision-making. Boards can easily review governing documents, financial records, maintenance logs, and compliance reports.
Industry observers note that the shift toward automated HOA management reflects a broader trend of digital organization in community associations. Boards must balance volunteer responsibilities with complex administrative tasks, and software providers respond by offering tools that reduce manual oversight. Solume combines automation, AI support, and structured workflows, supporting both daily operations and long-term financial planning.
Availability For HOA Communities
The platform is now available to HOAs and condo associations seeking to streamline tasks, strengthen compliance, and improve long-term financial preparation. Early interest comes from communities looking to move away from manual processes and adopt systems designed for the unique structure of HOA governance.
About Solume
Solume is an AI-powered HOA and condominium management platform focused on streamlining administrative, financial, and compliance tasks for community associations. The platform provides tools for automated reserve studies, budgeting, financial reporting, vendor oversight, ARC request management, maintenance scheduling, and resident communication. Solume supports board members with real-time guidance, transparent reporting, and structured workflows that simplify community governance responsibilities.
Company Details
Organization: Solume
Contact Person: Media Relations
Website: https://www.community.solume.com/
Email: Send Email
Contact Number: +18888689886
City: Atlanta
State: Georgia
Country: United States
Release Id: 15112537122