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Banking |
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Brokerage |
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Finance & Accounts |
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Oil & Gas |
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Industrial Zones |
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Trading |
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INDUSTRIAL PARKS & COMMERCIAL ZONES
The purpose of Industrial and Commercial Zone
is to create conditions for investors so they can organize their production,
storage and commercial activities in one place and in the fastest
way. Through concentration of the activities in one place the Zone
provides an opportunity to reduce the products prime cost as well
as to expand and increase the overall efficiency of operation.
The Zone stimulates the investors by providing them with an opportunity
to work in the most favorable material, administrative and infrastructure
conditions.
Our solution suite offers Zone administration authorities proper systems
to enable them to manage these infrastructure support services. Some
of the core offering includes:
1- Land/Unit Management (Sales,
Transfers, Subdivision, Amalgamation and more)
For effective zone management it is necessary to maintain a complete
comprehensive record of all plots/units/properties available in the
zone. The Zone modules support many kinds of transactions, may of
which include sales, transfers, subdivision and amalgamation of plots,
inheritance related divisions, conversion to different categories
and others.
2- Billing & Collections
Provision of utilities to tenants is a key service line for any Zone
Authority. This also serves as the main revenue source to manage and
maintain the authority. Depending on how the zones are structured,
there could be different types of service charges for provision of
utilities and maintenance services. Multiple modules are available
catering to the some of the following utilities:
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a.
Electricity
As a Zone authority you
may either maintain your own electricity generation
source or may arrange from some other provider/distributor.
This electricity is then distributed from the source
to the different units operating in the Industrial zone.
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The system
allows provision to develop a custom tariff structure. Based
on the load requirements, electric meters are put in place for
recording consumption which is used for monthly billing.
Complete provision for Bill Printing, with
details is available. Late payment surcharge and other taxes
can be configured and applied as well. Collection module facilitates
in receiving and reconciliation with bank accounts.
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b.
Water & Gas
Multiple parameters can
determine the way water supply is to be charged to the
tenants. This may be dependent on the size & number
of the connections, usage which is monitored through
a water meter, or a simple flat fee.
Complete water/gas billing and collection options are
available within these modules. |
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c.
Ground Rent/ Service Charges/Taxes
While there could be multiple
ways to charge for infrastructure service, Annual Ground
Rent (AGR) is a popular annual charge ( like a tax)
which may based on the size of space occupied and may
be charged at a defined frequency i.e monthly, quarterly
or annually. Provision to add any other service charge
is also available to accommodate any ad-hoc or planned
billing needs. |
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