Real Estate ERP System
With a growing population of over 10 million people, new housing incentives, and innovative visa rules designed to attract investors, the UAE property market is experiencing a significant rebound, which is being complemented by new emerging real estate trends. Gaining the trust of new foreign buyers to encourage investment is one of the UAE’s main goals, which has been accomplished so far based on the stellar performance of the Dubai real estate market. The high demand for larger houses and upscale residences is one of the most impressive emerging real estate trends in the UAE property market. So, how do you plan to upgrade with the growing trends?
Here is a perfect plan for you to grow your Real Estate more effectively. Did you know, that using a Real Estate ERP System like Edge offers you a list of benefits for your real estate business? No? Well we are here to guide you with few:
Unit Management
Starting first, real estate ERP system can easily trace your project’s various categories, such as residential, villa, commercial, and so on, in your system. All properties for lease can be defined in terms of their amenities, with various groupings available. There is also a powerful and multilevel feature-based search option available. With the help of this system you are able to manage upcoming vacant units and its information too. The real estate ERP system provides your employees with multiple schemes for a single project. This gives your employees more control over accommodation spaces and allows them to inform clients about the various locations.
Lease Management
The convenience of using a real estate ERP system in managing real estate leases is undeniably appealing. Lease management should be at the top of your priority list. When you do not use integrated systems, you risk losing important lease information and accruing net losses. With real estate ERP system, you can maintain complete control over your real estate portfolio with meticulous lease management. When compared to human management, the creation of a contract follows an established process, which reduces the risk of errors. A lease contains all of the information you need in one place: rental conditions, renewal deadlines, rental amounts, monthly forecasts, and so on. Complete lease management for new tenancy agreements and renewals, with the option to upload supporting documents and print the completed agreement can be found in this system too. Also there are provisions for making partial payments and canceling the existing lease. The system can generate lease renewal letters too.
Invoicing
When using real estate ERP system, invoicing is a must-have feature. Your management tool handles all aspects of invoicing, including the creation of the customer account, invoicing, cash receipts, and reminders. In addition to having more control over your cash flow, you can quickly determine who are your most likely paying customers.
Data Storage and Management in a Centralized Location
To complete a real estate deal, all business processes must take place concurrently. Real estate ERP system facilitates this by providing a unified, secure platform for data storage and management. Business owners can dynamically track and analyze portfolio data, allowing them to accurately calculate finances. This real estate ERP system can assist you in keeping accurate records of all your properties. In the database, you have accurate information and the status of all types of properties. The system also allows you to receive updates on various stages of payment.
Rockford Computer takes pride in helping you to upgrade your business with latest real estate trends. Therefore, for every minute detail that you’re looking for in understanding about the features of a real estate ERP system like Edge, you can just give us a call.
