SOURCE: F3 Technologies, Inc.

November 25, 2009 09:40 ET

F3 Technologies Saves Businesses Money Through Virtual Community Management

ATLANTA, GA--(Marketwire - November 25, 2009) - The HOA community has something in common with the rest of the business world. It has a need to cut costs and work within a confined budget. Within this economy, many businesses are looking to utilize combined resources in an effort to maximize efficiency and minimize costs. This is in fact what the newest extension of F3 Technologies (PINKSHEETS: FTCH) Interaction Community System offers.

Most communities hire a service management company that deals with its day-to-day facilitating aspects. The cost associated with this form of full time management is now stretching the outer brim of budgets or completely outside of them. This is where the Virtual Community Management software has come in and seized the spotlight. It offers a sensible solution for the fraction of the cost for small to medium sized businesses.

Looking farther into the Virtual Community Management software, it is important to note that this solution will provide the services of a typical service management company that does not require actual on site attention. Such on site requirements include property inspections, meeting attendance and other maintenance services.

The services F3's VCM provides include billing and collecting the community's dues and preparing reports such as income statement, balance sheet, accounts receivable, accounts payable, annual draft budgets and other financial reports. The maintenance of official records and other state and federal compliances such as taxes can all be managed through the Virtual Community Management application as well. To get a full list of what the Virtual Community Management software can offer, you can visit:

About F3 Technologies, Inc.

F3 Technologies, Inc. (F3) is an Atlanta-based Software-as-a-Service development company and application service provider created to provide on demand internet solutions to consumers and small to mid-sized companies.

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