RENT MANAGEMENT
You
may expediently manage your rental properties, tenants and agreements.
The properties being rented may either be (a) owned, (b) leased or
(c) on brokerage commission basis. With the rent module, tracking
and visibility of transactions, properties, contracts as well as keeping
tenant records is straightforward and painless.
Manage Contracts
The contracts may be scanned and uploaded into the system for ready
reference. Contract expiry date with rental value may be stored for
effective reporting on renewal reminders and agreement on payments.
You will save money, as the system will prompt on contracts expiring
in the future giving you enough time to search for alternate tenants
or pursue renewals in time.
History
It is advantageous to maintain history and complete rental record
of a property. The rent module enables you to do just that without
any extra effort. Multiple search and reporting option facilitate
in retrieving data based on past transactions. Details on contracts,
amendments, tenants, maintenance records are all preserved in the
database and may be retrieved as and when required.
Rent Accounting &
Accruals
With appropriate linkage with the financial accounting, you may also
configure to automatically accrue rent as and when due, so as to get
a reflection in your accounts receivable and financial statements.
Such operational and accounting controls help in improving cash flow
by proper and timely identification of receivables due thereby making
more funds available for investments and use.
Labor Camps
For the UAE marketplace, a special functionality for managing and
maintaining labor camps forms part of the solution offering. Leasing,
Renting to multiple companies, Maintenance management covering water
supply, sewage, utilities all form part of this offering.
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