Real Estate Solution Software

A Property Management Software is a application Software for the operations of hospitality accommodations and commercial residential rental properties. PMS is also used in manufacturing industries, local government and manufacturing. PMS provides a centralized computer system to organize, schedule and perform the day-to-day functions and transactions involved in accommodations businesses.

PMS include automation of many common tasks, including: Bookings, Check-in and check-out, Telephone systems integration, Point of sale (POS) integration, Event planning, Food and beverage costing, Hotel inventory supply management, Reporting of key performance indicators (KPI), Security and room locks.

Features and Modules of Prorety Management are:

One-click access to leases, pictures or any other documents and remarks related to the properties, leases and subleases

Manages lease/sublease deadlines (notices, renewals, options or expiry)

Evaluates projected costs and revenues and automatically manages accounts receivable and accounts payable

Using advanced rebilling functions, deals with bills to pay (such as municipal taxes) and charges them back, in whole or in part, to tenants (franchisees, affiliates, subsidiaries)

Creates estimated and actual recovery invoicing as per the ratio calculated for each lease

Manages the allocation of expenses and year end adjustments

Automatically invoices/validates percentage rent by keeping track of various sales levels, break-even point, deductions and calculation methods

Automatically manages rent raises (escalator clauses)

Produces various reports: revenue/cost per property or unit, revenue/cost projection, sublease variance and many more

Insures full security as to access to miscellaneous data-entry windows, programs, companies and properties

Manages every aspect of the leases/subleases:

Area history

Common charges

Lease clauses follow-up

Standard clauses

Maintenance clauses

Security deposits

CPI increase

Percentage rent

Insurance follow-up