The real estate industry in the Arab world booming at an immense pace and with the advancements in technology it is vital for every real estate company to deploy a high end real estate property management solution which keeps track of constant stream of information related to unique properties, landlords, and tenants.
Real Estate management software can help you stay on top of it all and run your business efficiently. We at GlobaliTS help our clients in fulfilling the importance for state of the art dynamic real estate management solution to manage your commercial and residential properties, Apartments, Villas, Entertainment Malls, parking lots and Shopping Malls.
What are the components required for an effective end to end 360 degree property management solution.
Integrating with financial Management
The Real estate management should closely integrate with the organizations financial books, as there will be flow of information back and forth from the property management solution to the finance systems.
GITS4 Real estate is a vertical ad-on build on top of Microsoft Ax and Dynamics 365 it’s a seamlessly integrate with the finance module which helps the real estate companies managing all the tenant invoicing, Bulk invoicing, Billing and transactions, refunds, Property advances, Service payment, Maintenance payments, P & L analysis, Statement of accounts of tenants and much more can be accessed in a single solution avoiding data leakages.
Localized for regional real estate industry
Real estate industry differs from region to region, country to country as there are many factors which contribute to this change such as country’s regulatory laws, Sales and purchase agreements related to the particular region, local government authority procedures and other processes.
Selecting a property management solution which is not localized for the country of implementation then the solution cannot cater to the requirement of the local real estate industry which will result in heavy customization and will eventually lead to an unstable solution.
GITS4 Real estate is a locally developed property management solution powered by Microsoft and our solution is fully complied by the property regulatory requirements for the governments of UAE, KSA, Bahrain, Kuwait & Oman.
Need for customer relationship management
CRM secretly plays a major role in the developing the business for the real estate companies every day. Companies require CRM solution to focus on clients, vendors, landlords, buyers and tenants. Every query received by the real estate company through websites, events, trade shows and through marketing automations are all potential buyers, tenants or investors. It is critical for the sales team and marketing team to effectively communicate with the prospects real time on the go. The sales and marketing team should be equipped with the right tools so that they can email quotes, contracts, invoices, contract renewals, appointment booking and so on right from their mobile, tablet or computers.
GlobaliTS XRM capabilities provides our clients extended customer relationship management experience which is more advanced that a typical standalone CRM, Global iTS XRM solution are built on Microsoft Dynamics CRM and it bridges the gap between the customers and the real estate companies and provides a gateway for communication with ease. XRM is closely build with the Microsoft office products, so exporting & importing the data, accessing different reports within the XRM is made possible with our XRM solutions.
Importance of Field Service / Service management module
If a real estate agency lends apartments or commercial space for rent, a rental property will not enjoy long-term tenant retention and acceptable return on investment unless it is maintained properly. Which involves preventive ongoing maintenance, repairs to correct problems or malfunctions and construction or remodel. If a real estate property management solution doesn’t have the service modules then the companies cannot retain the tenants and the real estate companies loose the customer due to improper customer service.
GITS 4 real estate comes with the full suite of service module which can log service request calls, raise tickets, track activities, work in progress, inspections and maintenance works which can be linked directly to the tenant’s contracts and agreements, also with Dynamics 365 field service module the maintenance staff can access the jobs through tablets or mobile phones and complete the task with zero paperwork effectively, view management performance report by system .
Our property management experts can help you frame the solution blueprint if you are evaluating property management solution build on Microsoft dynamics AX or Dynamics 365 in the countries such as Saudi, UAE, Oman, Bahrain and Kuwait please contact us.
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