Question: Will strata management software providers update their programs to meet the new legislative compliance requirements for embedded networks?
The recent legislative changes for embedded networks introduce new requirements for strata managers, which will likely require improvements to existing strata management software to handle these obligations. Will software providers need to update their programs to meet the new compliance requirements, and are they prepared for this?
Answer: Strata managers must ensure compliance with new code requirements, but they can rely on partnerships with meter service providers for support.
Scott Bellerby, B Strata:
When it comes to strata management software, there are definitely limitations. That’s where partnerships with meter reading companies, such as EnergyTec, can help. They can assist with that additional layer of compliance.
Strata managers won’t be able to say, “Our system doesn’t support it,” as an excuse once the new requirements come into effect.
Damien Moran, EnergyTec:
The heavy burden of code compliance, like providing advanced notice of fee increases, can be managed by businesses like ours, or by meter service providers and agents, with support from strata managers. The role of the strata manager remains critical: they’re responsible for aligning and managing the by-laws, as well as recovering associated costs and charges.
There needs to be a symbiotic relationship between the meter network service provider and the strata manager to ensure everything works together efficiently.
Scott Bellerby B Strata E: scott.bellerby@bstratawa.com.au P: 08 9382 7700
Damien Moran EnergyTec E: damien.moran@energy-tec.com.au P: 08 9382 7700