Advanced World Concepts, Inc.

About the PRA System

The original PRA (Property Reserve Analysis ) System was the first available reserve study software initially designed in 1989 to support individuals, HOA/POAs and timeshare/vacation ownership to prepare reserve management plans/studies to assure that reserve funds would be available when needed for the long-term maintenance, refurbishment or replacement of reserve items in common-interest-development properties. It is the only reserve management software which has been CPA evaluated for logic and accurate calculations. PRA was re-invented as an Internet based system in 2007/2008.

The Benefits of The PRA System

The PRA System is the only reserve management software in which all reports are based on monthly calculations opposed to annual calculations. PRA offers the only Cash Management module available for tracking individual financial instruments for accurate interest calculations. With a detailed Image Manger, Report Writer/Editor and Report Builder/Editor, complete reports can be produced in less than 30 minutes with custom headers, footers and automated table of contents. Save time and money when using the PRA System.

There are many options available when it comes to reserve management and preparing reserve studies, but there are very few solutions...and only one comprehensive system.

The PRA System provides unparalleled benefits, whether you're managing the a single property or hundreds, domestically or around the globe.

•50 years of industry/development experience •Internet based with access from anywhere

•Real time updates

•Eight tracking methods for custom planning

•Initial property setups in hours instead of weeks

•Manage multiple financial instruments

•All State and AICPA required reporting

•Quantity Purchasing reports for multiple properties

•Easy and quick anytime updates

•Warning system provides reserve items and cash instruments requiring updates