Kompas

Sneak Peek Alert 🚨 Introducing the Kompas Leasing Dashboard! When we built the Kompas platform – user experience was everything to us. We were tired of ERP systems being so clunky and difficult to use. We wanted to change the status quo.   It’s one thing to talk the talk. It's time to walk the walk. We are so excited to present you our first video in our Sneak Peek Series! Over the next several weeks, we will be previewing many of our awesome dashboards to give you an idea of what the Kompas experience is all about. Interested to see more? Schedule a demo using the link below to get a full tour of the platform and see if Kompas could help you take your real estate operations to the next level! https://lnkd.in/e7BNgtfN #proptech #propertymanagement #multifamily #leasing #leadtolease #cre #startup

We officially launched Kompas for our first client 2 days ago and the launch went super smoothly…NOT!   For the last several months I have promised to share my REAL and GENUINE experience of building, launching and scaling Kompas with all of you on LinkedIn.   Today is no different.   After a year of development, planning, orchestrating and implementing – we were finally ready to go live with the platform with our first enterprise customer on January 1st.   As the clock was winding down on 2024, I was super excited for the platform to start working its magic.   📧 Thousands of rent invoices and rent charges created automatically 💳 Millions of dollars of payments being initiated, disbursed and reconciled automatically 📄 Hundreds of reports being generated, saved and shared automatically I couldn’t wait to see the initial reaction of our client’s team when they strolled into the office on January 2nd and their entire 1st of the month process was done for them without lifting a finger. But instead, our first day went more like this:   😖 User invitations that were lost in junk mail ⁉️ Transition cut-off scenarios that needed further explanations 🐞 So many bugs that our engineering team changed their job titles to senior exterminators. 🎢 Throughout the day I was on an emotional rollercoaster that started at excitement moved on to anxiety, then frustration, disappointment, acceptance and finally ended with rejuvenation. Why rejuvenation? Because I realized that we are now LIVE IN THE GAME. We have REAL USERS on the platform executing REAL TASKS and most importantly identifying unbiased areas for REAL IMPROVEMENT. 🚀 The tank is full, seatbelts are buckled and the rocket has officially left the station. 

‼️ Important update for Quebec Multi-Family operators and managers ‼️ As of December 24, 2024, there are new requirements for your lease renewal document. Talk about a nice holiday gift from our friends at the Tribunal Administrative de Logement. Here are the changes: 1️⃣ Tenants must now be given 3 options to reply on their renewals. Option 1: I accept the renewal of the lease with its modifications; Option 2: I refuse the proposed modifications and renew my lease; Option 3: I do not renew my lease and will vacate the dwelling at the end of the lease. 2️⃣ There is new mandatory information that must be included with your renewal document in accordance with article 1943 of the Quebec civil code. If you do not comply with these new documentation rules, your renewals and rent increases may get refused at the TAL!! If you are not familiar with the new regulations or requirements, comment below and I will be happy to provide you with an up to date renewal template (in both English and French) that is compliant with these new rules. #mutlifamily #quebec #modificationdebail #renewalseason

And…. that’s a wrap 2024! The end of the year is always a symbolic time to do two things: 1)     Reflect on the year that was 2)     Recalibrate for the year ahead 1) Reflection: 2024 was all about my two babies: Caleb with a C (pictured below) and Kompas with a K. For me, being a first-time father and first-time founder was all about: 🎢 Managing the many ups and downs of my routine as well as all of the emotions that come with it 💪 Having the strength and ability to treat every mistake as a new learning experience 😧 Learning to be comfortable in the uncomfortable – because in the uncomfortable is where the magic happens (this may or may not include posting some cringe content on LinkedIn 😊) 2) Recalibration: So, after such an exciting 2024, what’s in store for the 2025: 🚀 The much-anticipated launch of the Kompas platform ⛵ Successful and smooth onboarding for our first several customers already committed to the platform 👨👩👦👦 Expansion of our operations team to support the amazing early demand (stay tuned for updates in the new year for some exciting job opportunities!) 🎯 Revised and ambitious targets of achieving the following goals by December 2025: 🏠 20,000 multifamily residential units on the platform 🏢 10,000,000 sq ft of commercial units on the platform 💳 Payment processing volume of $25,000,000/month Time is funny. Some days this past year feels like it flew by in a second. Other days it feels like this year was really 10 years. The important thing about time is that you find the right balance between acknowledging and learning from the past, preparing for the future and being present in the present moment. Wishing everyone happy holidays and an awesome new year filled with health and happiness ❤️ #newyear #newgoals #proptech #startup #countdown #launch #letthegamesbegin

From Family Roots to PropTech Innovation 🌱🏠 Meet Kompas, the all-in-one property management and accounting platform created by a CPA who grew up in the heart of real estate operations. Spanning three generations of family experience, this solution was born out of real-world challenges—outdated software, complex accounting, and inefficient workflows. What sets Kompas apart? 1. Accounting-First Focus: Streamlines financial oversight, ensuring accuracy and data-driven decisions. 2. All-In-One Platform: No more juggling multiple tools—manage everything in one place. 3. Real-World Insight: Designed by someone who truly understands the industry’s pain points. In a rapidly changing market, Kompas redefines property management by blending deep industry knowledge with innovative technology. #PropertyManagement #RealEstate #PropTech #Innovation #Accounting

🙌 Our team is very proud to be included amongst this list of proptech companies to watch in 2025! 🙌 Special thanks to FoundersPress and Eric Rafat for including Kompas on this list! Some really awesome companies trying to transform the real estate industry here: Bidmii SingleKey Leni Bōde Biiibo Inc. Souqh Local Logic See full article in 🔗 below! https://lnkd.in/gbwrbd_4

It takes a village to raise a child. As we wrap up the final touches of development before our launch in the new year, I can’t help but look back and be immensely grateful to my development team. ✈️ 12 months ago to the day, I flew to Toronto to meet Abir A. for the first time in person. A few hours later, he became my co-founder and CTO. About 1 month after that, he introduced me to the Hesli team: Ryan Gundu, Jesse Davda, Amit Prabhakar and Balraj Jutla. I knew that my plans for Kompas were ambitious - and was going to require an all star team with an all star effort to execute on the mission. 🌟 Turns out, all star team was an understatement! 🌟 Being in the trenches with this team each day for the past 11 months has been an incredible experience. So proud of the product that we built. Even more proud of how well our team worked together all year. I am confident that I speak for our entire team when I say that we can’t wait to share Kompas with the world and keep improving the platform each and every day for our customers! #teamwork #development #gtm #proptech #startup #allstarteam

It’s time to put the SERVICE back in Software As A Service (SAAS). In the property management industry, legacy software has a pretty bad reputation when it comes to service, onboarding and customer support. 📂 Migrations are complicated, painful and unreasonably expensive. 📚 Trainings are incomplete, non-interactive and difficult to digest. ⏳ Customer support after launch is often non-existent with support lead times spanning weeks and even months without answers. At Kompas, we are making it our mission to flip this script! One of the many ways we differentiate ourselves from the competition is how we are prepared to service our clients. 🤖 Our onboarding team takes the initiative in executing data migration from your existing systems on your behalf. 🤓 Our in-person trainings are led by industry professionals and act both as a software tutorial as well as a lively discussion about industry best practices across accounting, leasing, operations and maintenance. 🥰 Finally, our dedicated support team gives you access to real people, answering your real questions - in real time. We experienced the pain of working with legacy software first hand for far too long. We are so excited to work with our clients to ensure that they have an incredibly smooth transition on to our platform. PS: check the pics below from our training sessions this week at Gestion Lameer Inc. #proptech #saas #service #startup #launch #training #cre #multifamily #canada

Under promise and over deliver... For my entire business career I have believed in this philosophy for 2 main reasons: 🥇 Your word is your bond. The second your mouth writes a cheque that your bank can’t cash - your reputation is thrown out the window. 🥈 If your customers are excited and willing to accept your under promise, imagine their reaction when you over deliver. In September, only a few short months ago, I was preparing my forecast and budget for our first year of operations at Kompas. My conservative CPA mind obviously led with the under promise and over deliver approach. Usually my estimates are fairly accurate but the last few months have been quite insane in terms of the demand that has surfaced for Kompas. 🚀 We are still 4 weeks away from launching our product and I am beaming with pride to announce that we have already exceeded our entire 2025 quota for customers, total multifamily units as well as commercial property square footage that will get on-boarded to the platform. 🚀 I want to thank the many operators that are taking a leap of faith and believing in me and my team at Kompas to bring in a new era of property management technology to the industry. ❤️ 🔊 My message to my early adopters: I will continue to under promise and over deliver. 🔊 My message to others in the industry: if you are tired of your legacy systems and outdated processes, I invite you to reach out so I can show you what the future of property management and property accounting look like. PS: Nothing quite like that first big snowfall of the year ❄️

Challenging the status quo will always be met with skepticism.   Throughout the past year, I have spoken about what we are building at Kompas with countless amount of people across the real estate ecosystem. Generally, I am met with the following initial skepticism:   🤨 Wow! That sounds like a very ambitious project 🤨 Wait, are you really trying to compete with giants in the space that have been dominating for the past 30+ years? 🤨 Seems like there are a lot of uphill challenges you are going to be facing! At first, this skepticism created a ton of self-doubt and fear of failure. Perhaps I was I in over my head? Maybe I had bit off more than I could chew? Then something shifted. While my team and I continued to show up each day working on our mission, one by one, the skeptics started reaching out to get updates. Only they were no longer skeptics. They became believers, they became customers, and they became advocates.   See – here’s what they didn’t know when we first met: Before you can change the world, you need to change your own life. I took the risk and challenged the status quo for me and my business at Gestion Lameer Inc.. The results speak for themselves. Others may not have been ready for the disruption because they had not seen it been done before. But that’s all about to change. We are launching in 35 days, and we are confident that we will continue to turn skeptics into believers all across the industry. 🚀 #proptech #realestate #multifamily #cre #startup #changetheworld #challengethestatusquo