Financial Services

Paradigm Strata Services will perform the following:

• Prepare an annual proposed budget in accordance with the Strata Property Act for the Strata Corporation to be approved by the strata council.
• Collect the monthly strata fees from all strata lot Owners and discharge from the strata corporation's bank account all charges incurred in the maintenance and operation of the corporation.
• Submit a monthly financial statement to the council detailing all income and disbursements including budget comparisons, together with details of arrears in monthly strata fees.
• Provide monthly bank reconciliation of the Strata Corporation's bank accounts.
• Provide all correspondence relative to the Strata Corporation.

Reports & Analytics

Management


Paradigm Strata Services Inc. is a proactive and forward-thinking strata management company providing management and consulting services for strata, commercial and residential properties.

Paradigm believes in consistent, effective management of each property to ensure it is operating at its highest possible level. We strive to control maintenance expenses without sacrificing property values. Paradigm believes that effective management requires efficient operating systems, progressive software, and experienced Strata Agents. Paradigm employs competent, dedicated staff at every level and an outstanding organization of consummate professionals.

Every property is unique in its requirements, and Paradigm attributes its success to the ability of our organization to customize services to fit the needs of each client.

Paradigm's services for building operations include all the activities required to operate the property including maintenance, accounting, short- and long-term budget planning, strata fee collection, payment of expenses and assistance in community objectives.

Paradigm's experience has resulted in the establishment of competitive pricing which ensures the best value to the strata corporation without compromising workmanship and construction. Paradigm strives to solve maintenance issues with permanent solutions within budgetary limitations.

Paradigm incorporates the ShiftSuite condo software ecosystem which provides a comprehensive platform to manage the various operations, including Condo Accounting, Property Management, owner/board communications, annual general meetings (AGM) and much more. Working in tandem with our administration systems. This will enable our Strata Agents to maintain records and files in the most efficient manner possible. The Shiftsuite system provides accurate and timely information and financial statements which are organized and compiled in an easy-to-read format.

Paradigm employs a skilled accounting department to compile all financial statements of the Strata corporation.

Paradigm has a dedicated transition team to ensure your property has a smooth transition from your current management to the new management team.

Paradigm offers its' clients interactive services such as:

• Online 24-hour access to minutes for the last 24 months posted to your building's website.
• Online 24-hour access to strata corporation bylaws and amendments.
• Building maintenance notices and community information posted to the strata corporation’s individual and secured community site.
• Online 24-hour Clubhouse and Guest Suite booking system.
• Online 24-hour access to financial statements (upon the council’s discretion).

These services can substantially reduce office expenses for the strata corporation by cutting down on paper and postage as well as being environmentally conscious within the strata communities.

Paradigm’s core belief is that we are "A Community of One" Understanding that ultimately, we are all working towards a common goal. We will always work in the best interests of the Strata Corporation.