Our Bronze Real Estate Management package is designed around industry best practices and is aimed at organisations looking to pay for, bill for, or provide services within a leased space. It provides comprehensive building, land and lease management solutions with integrated accounting and real-time financial reporting.
• Improved analysis and management of immovable real estate assets
• Automated lease administration and management processes to increase efficiency, reduce errors, segregation of duties and avoid penalties
• Streamline the processes of defining, allocating, and approving portfolio costs with direct connection to accounts payable and receivable
The RealEstate Management solution will benefit clients who want to:
• Optimise spatial management and improve contract management amongst customers, vendors and service providers
• Improve customer satisfaction through reliable billing information
• Comply with IFRS 16 accounting standards
Master data consists of the business objectives shared across an enterprise.It covers all manner of data, from static reference to metadata, and reflects the finer details within a real estate structure.
This allows for the management of lease agreements with vendors, customers and internal cost centres. The digital contract imitates a physical lease agreement on the system and tracks all necessary elements to ensure efficient management of the agreement.
This enables you to generate financial statements for reporting and analysis. This feature includes general ledger accounts containing all your organisation’s transaction data, accounts payable and accounts receivable, to manage customer and vendor billing processes and transactions.
Controlling is instrumental in improving your profitability and supports processes to plan, report on, and monitor costs from business operations. Key functions within Controlling are an overview of your company’s costs and revenues based on profit and loss statements, dealing with the costs associated with the company’s internal departments, and handling all of the cost data related to the company’s business lines.
Functionality providing full, end-to-end performance tracking across tiers, whilst giving access to the performance history. User-specific data sets are engaged for reporting purposes with the inclusion of mass processing tools.
Customers, vendors and service providers are all created as partners.These partners are used in accounts payable and accounts receivable to process financial transactions. This feature has the functionality to house all partners’ details, banking details, communication methods and addresses.
The design of this package includes four roles. The access and authorisation will be used as a security check as well as segregation of duties.The segregation of duties forms part of the auditor general’s criteria, thus best practice dictates multiple roles for creation and approval.
Over 200 standard reports are part of The Bronze Package, including reports from real estate to financial management.
The importance of document management in day-to-day business operationsis immense. Our DMS offering includes a check-in /check-out functionality, easy document searches, documentlinking, and document version management.
Additional functionality is available at the click of a button in the“AddOn Features” section, and the system can be modified to effectively caterto all requirements.
All the above-mentioned functionality will be pre-configured and loaded into the correct software instance. Based on the customers’ needs, the system will be modified to adequately cater to all requirement. Additional functionality is available on the click of a button in section “AddOn Features”.
