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Solume Launches AI Software for Easier HOA Management

11-08-2025 12:30 PM CET | Industry, Real Estate & Construction

Press release from: King Newswire

Atlanta, Georgia, United States, 8th Nov 2025 - Solume has announced the launch of its AI-powered HOA and condo association management platform, designed to simplify board operations, reduce administrative strain, and strengthen financial transparency across communities. The software focuses on the core tasks that board members handle every day, offering tools that centralize communication, automate reserve study planning, support accurate budgeting, and provide structured workflows for architectural and compliance requests.

The development of Solume follows a growing need among community associations for systems that do more than track dues or send emails. Many HOA boards still rely on spreadsheets, PDFs, disjointed accounting tools, and long email chains to manage tasks that require precision and consistency. These fragmented processes often create confusion, slow decision-making, and lead to misunderstandings among residents. Solume was designed to directly address these challenges by placing all core management functions into one platform while using AI to interpret governing documents and provide guidance for procedural questions.

With its launch, Solume becomes one of the only HOA management platforms to incorporate dynamic reserve study management. Traditional reserve studies are produced as static documents that quickly lose relevance as costs change and maintenance timelines shift. Solume's reserve study system updates in real time based on financial data, vendor expenses, and projected maintenance timelines. This helps associations plan ahead and reduce the risk of unexpected special assessments. The platform allows board members to see how decisions made today will affect the financial health of the community years into the future.

Solume also centralizes architectural request processing, a common friction point within communities. Instead of relying on email chains or manual tracking, homeowners can submit requests through the platform, while board members review materials and reference governing documents in one view. This structure helps promote fair decisions and reduces the likelihood of inconsistent approvals or misunderstandings.

Financial management is another core component of Solume's offering. The platform includes tools for dues collection, expense tracking, vendor payments, and reporting. Board members can monitor operating funds and reserve accounts in real time, eliminating the guesswork that often comes with manual tracking or spreadsheet-based systems. Financial statements can be shared in clear language, which supports transparency and helps maintain trust between boards and residents. These features were designed to address one of the most common challenges in community management: providing financial clarity without requiring board members to have specialized accounting expertise.

Communication tools are integrated directly into the system, allowing boards to send updates, reminders, notices, and schedules without relying on third-party platforms or informal message chains. This helps keep homeowners consistently informed and reduces the volume of repeated questions that often arise when communication is scattered or unclear.

The platform's built-in AI assistant adds an additional layer of support by helping board members interpret governing documents, policy language, and procedural standards. Many board members are volunteers who step into their roles without prior experience in governance or community regulations. Solume's AI guidance is designed to reduce uncertainty in decision-making and help boards operate with greater confidence.

Solume's team notes that the platform was created specifically for homeowner and condo association management rather than adapted from business accounting software. HOA governance has unique requirements involving resident relations, compliance obligations, and shared property maintenance. Solume addresses these needs by combining operational tools with structured workflows that support fairness, organization, and decision transparency.

The release of Solume marks a shift in how associations can approach management. Instead of relying on manual processes or relying heavily on management companies for oversight, boards can take a more active and confident role in guiding their communities. The platform is available for community associations of all sizes and allows boards that are interested to test the system before committing.

With increasing pressure on HOA boards to maintain compliance, manage finances responsibly, and maintain positive homeowner relationships, Solume positions itself as a practical solution focused on efficiency, accuracy, and long-term financial planning. The company has stated that its goal is to support communities in reducing administrative stress and creating clear, well-organized operations that benefit both board members and residents.

Contact Details

Organization: Solume

Contact Person: Media Relations

Website: https://www.community.solume.com/

Email: Send Email [https://dashboard.kingnewswire.com/release-contact/36539]

Contact Number: +18888689886

City: Atlanta

State: Georgia

Country: United States

Release Id: 08112536539

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