Real Estate ERP software to accelerate your digital needs

Business Development: Land Banking

The Business development module essentially captures the starting point of the core development process.

• Land Banking and Land details management.
• Details of Land purchased, or to be purchased with workflows and plan.
• Includes detail land survey map achieving, storage of DWGs. Etc.
• Captures all details of land purchase and payment schedules including ownership information, title information, agent associated.
• Captures essence of transactions :JD, JV, Outright purchase, or redevelopment.
• TDR applicability on purchase.
• Land Details with FSI available is mapped onto information for costing.
• Workflow detail on purchase of land and approval of purchase to ensure
• 100% clarity of land purchase.
• Google API integration with Google Maps, can check demographics and facilities available alongside land being purchased.

Court Cases & Legal Documentation

• Court Case Management.
• All legal document management associated to various modules across the application.
• Creation of Lawyer Work Orders
• Managing Legal Fees, Court Fees, etc.
• Documentation Templates for all transactions.
• Linked to Liaison and Business Development to manage land purchase process. Linked to Sales to manage Agreement of sale and closure process.

Clearances & Certifications

• Linked to Business Development to update status of various certifications, NOC’s and clearances required on or prior to purchase of land.
• Can maintain documentation related to all Liaison works.
• Maintain a checklist and schedule of clearances.
• Linked to post purchase activities, construction closure activities as well.
• Master for all clearances and certifications maintained, with steps required.

Projects Setup & Control

• Location of master setup to create projects from Land bank.
• Executive Management control center.
• All key parameters for a project are setup using this module.
• Engineering Budgeting triggers, as well as Sales/Marketing budgeting triggers are initiated from here.
• Sales payment plan creation, control of pricing escalations, PLCs, Car Park Stock, etc.
• Definition of check lists for hand over.
• Maintenance Deposits definition.
• Closure of projects and Criteria.

Budget Control, Work Orders, Schedule, Contracting

• Budgeting and Estimation of works.
• Creation of a budget by work category for issue and control of Work Orders.
• Create a budget by Material Type for issue and control of Purchase Orders and ordering of material by Purchase department.
• BOQ Master upload, Issue Work Orders, Maintain Contractor Master
• Indenting from site against WO for Materials as per schedule (creation of indenting schedule).
• Receive goods at site (GRNs) and update of Inventory.
• Issue goods against Indent/WO/BOQ.
• Frequent Real time updates via Abstracts from site.

Purchase Orders, Inventory

• Receive alerts on receiving Indents for materials from site.
• Collate indents on similar materials to produce Purchase Order.
• Maintain Supplier Master and Material Master and Quotations.
• Manage returns to supplier. Keep list of best suppliers/supplier performance in check.
• Inventory Management.
• Transfer of Materials from one-site to another.
• Transportation / Transporter management.
• Import of Material PO’s for international Ordering.
• Scrap Sales of Materials.

Leads Management

• Tracking all leads from all sources.
• Mapping of leads and qualification process by internal sales teams.
• Follow up process map and trigger point setting at each stage.
• Tracking efficiency of Pre-Sales and Leads management.
• Managing the sales funnel.
• Capturing of all interactions at all levels with customer and pushing the deal towards closure.
• Inbound / outbound calling, emails, voice call tracking, CTI integration (inbound and outbound) possible with auto – recording of interaction facility.
• Targets per sales person and actuals performed.

Sales Booking, Payment plans, Collections

• Maintain Sales Stock : Sold, Available, Blocked, On Hold, unReleased.
• Customer Profile: CRM, Customer interaction Management, Sold
• Units Management. Customer management via self-service Customer Portal.
• Booking form, creation of payment schedule, receipts against schedule.
• Receipt creation, Interest on Delayed payments, Excess Amounts.
• Auto Demand letter generation, Payment Reminders.
• Collection reminders and collection aging lists.
• Transfer of units. (Resale)

Liability Booking, Cash Flow, Accounts, Payments

• Approvals of all payments – Land, Legal, Liaison, Projects, WO/Certificates, Supplier Certificates, Sale Receipts, Leasing Receipts, Property Management Receipts and Expenses, General Expenses, etc.
• Adjusting of appropriate Taxes.
• Auto JV Posting into Accounting System.
• Creation of COA and mapping to transactions for auto posting.
• Review of Financial Statements :Day Book (Bank, Cash), Balance Sheet, Profit and Loss, Cash Flows.
• Schedule of Payments based on Cash flows.
• Form 16a, VAT Reports, eTDS Extract into Excel

HR & Payroll

• Employee profiles maintained in a structured and standard format
• Feature to upload employee photograph and resume
• Detailed record of the employee skills with their ratings and experience
• Managing of organization and employee calendar
• Record of employee’s family, medical insurance, bank details, etc.
• Travel related personal preference of employees
• Workflow based Leave requisition and approval system
• Configuration and maintenance of review details of employees
• Configuration of Holidays based on region and location.

Reimbursement, Imprest, COA Control

• Submission of daily expense Bills
• Operational Expense Booking at Corporate Level or Misc expenses associated to project.
• Workflow based on expense type, COA with Budget control.
• Expense Reimbursement including the likes of Imprest payments.
• Auto JV posting at line item level.
• Printing of Expense Statement.
• Allocation of Expenses to appropriate heads.

Assets

• Asset register
• Asset periodical maintenance
• Asset Insurance and warranty tracking
• Depreciation calculation
• Allocation of asset to project and tracking of usage.
• Tracking utilization of assets.
• Raising the purchase requests for procurement as required by projects or as capital purchase for company.

Leasing, Revenue Shares, CAMS.

• Customer Management/Tenant Management.
• Creation of Term sheet with appropriate terms and conditions including rent free period management, deposits, car parks, amenities, right of first refusal, etc.
• Issue of LOI to multiple customers during negotiation.
• Workflow approval of Term Sheet and Terms and Conditions which multi-term sheets are active.
• Revenue Share agreements.
• Common Area Billing (CAMS).
• Bulk generation of invoice.
• Definition of various types of Stock
• Mall Management features.

Property/Facility Management

• Define Property Management projects to manage both Internal (self built) and external.
• Define budgets for Management of Property including billing and revenue schedule.
• Manage sub contracts / issue Work Orders to manage sub contractors. E.g. for Security, House Keeping, etc.
• Issue Payments as per budget planned.
• Collect monthly receivables.
• Create work check lists and activity based optional reporting matrices.

Document Management System

• A Complete Document Management Solution.
• All common document formats supported for Indexing.
• Leverages Microsoft’s Index server technology to not only index key words tagged to document but also what is relevant info inside the document.
• Tagging and Search facility.
• Versioning of Documents.
• Workflows on Document control.
• Alerts on subscribed folders.
• Linked into all modules to create a knowledge management solution.
• Access controls and moderators.

Travel Management

• Manage all Billable and non-billable travel for projects, clients and other activity.
• Ability to allocate an internal or external travel desk and assign a person(s) responsible for making all reservations.
• Workflow to get approval for any travel requests.
• Ability to raise a travel request, get the appropriate approvals and direct the request (with alerts) for the bookings to be done and tickets attached back in the workflow.
• Ability to book Airlines, Trains, Hotels, Cars, etc. in one request. Reporting to track – who is traveling from which location to what location and do necessary analysis to optimize travel.
• Reporting to track – who is traveling from which location to what location and do necessary analysis to optimize travel.