Folio3’s proprietary Property Management Solution within Oracle NetSuite is a scalable platform that streamlines the most common processes such as property creation, tenant management, contract creation, rent collection, and revenue recognition for Real Estate businesses. As the property solution is deployed within NetSuite, businesses can leverage the strong ERP features encompassing all aspects of business operations.
Easily track and manage the entire life cycle of a tenant, from the moment of identifying an opportunity to the creation of a tenancy contract. With real-time dashboards, sales reps and managers gain better insight to sell, upsell, drive renewals, and properly set customer expectations.
With CRM functionalities you can:
Manage tenant lifecycle
Define routing rules for agents based on the type of properties or locations
Simplified Creation and maintenance of tenancy contracts using Property Management in Netsuite. The contract screen contains all fields which comply with local real estate regulations ensuring no information is missed out.
When creating a Tenancy Contract you can:
Fill in all information as per local real estate requirements
Our Property Management solution comes equipped with Facility Management functions, which allows for support/maintenance tickets to be created, tracked, and managed. Tasks can be assigned to maintenance teams and live progress can be viewed.
Communication between tenant and support team can be tracked to ensure effective tenant support. Maintenance tickets against contracts can be monitored for analysis of units.
NetSuite Financial Module lies at the center of the platform and links all property management transactions to accounting books. These transactions form the basis of in-depth and accurate financial reporting.