These are not hypothetical numbers. We collected these from our real estate customers through an internal survey.
Pass-through automation cut processing time per invoice from 6 minutes to 2 minutes for a 2,500-invoice volume.
Automating inter-company transactions gave the finance team back 10 working days per close period.
Estate-wide P&Ls and Donations reports now run in seconds by consolidating 22 entity databases into NetSuite.
Automating rental revenue recognition eliminated monthly spreadsheet manipulation and saved senior finance hours.
A scalable NetSuite built gave one real estate client the foundation to grow from one fund to five without touching the architecture.
Zone Capture OCR integration and digital approval workflows cut 40 hours of manual paper filing per year.
NetSuite ERP is equipped with the right features essentials for streamlining property management and real estate financial operations.
Handle maintenance requests through case management, enabling efficient tracking of tenant-reported issues.
Create properties and related units easily.
Publish vacant units with the ability to receive online rental applications.
Generate rental lease contracts with the functionality to renew or close expiring contracts.
Create maintenance tasks with calendar visibility.
Generate work orders related to tasks and create one-off/recurring invoices against lease contracts.
Create ownership agreements against properties and units.
Create contacts and convert them into tenants or vendors
Support multiple languages like Arabic, French, American and British English, and more.
Option to customize email and lease contract templates.
Import data via CSV for different transactions like customers, properties and units, lease agreements, invoice & vendor bills, etc.
Seamlessly integrate with Netsuite to create vendors, customers, sales orders, invoices, and bills.
Streamline payment registration by allowing users to quickly generate and apply multiple auto-payment records.
Support multi-company or multi-organizational setup.
Upload required documents for customers to mark them approved as part of the KYC process.
Get interactive dashboards with informative widgets.
Real estate businesses frequently confront disruptions in managing and documenting tenant and ownership agreements, vendors and lease documents, and the finances of multiple subsidiaries. Folio3 provides real estate integration with NetSuite to help businesses overcome ongoing and upcoming challenges.
Gain complete visibility and control over all your subsidiaries from a single, user-friendly dashboard. Monitor performance, track financial health, and make informed decisions with ease. We offer customizable features to suit your specific requirements. Ensure that your subsidiaries adhere to local regulations while safeguarding sensitive information with top-tier security measures.
With many unique blocks, you can easily build a page without coding using NetSuite property management software. Our solution allows you to easily manage and document ownership agreements, ensuring clarity and compliance for all parties involved. Whether you’re managing residential apartments or commercial spaces, our solution caters to all property types.
NetSuite for real estate companies allows property managers to maintain detailed tenant profiles with lease information, contact details, and communication history. Property managers can quickly identify and contact vendors with a vendor database when needed. They can assign maintenance and repair tasks to appropriate vendors based on their expertise and availability.
The NetSuite financial management module enables real estate enterprises to keep a centralized, accurate, and up-to-date record of their financial data. Companies can successfully manage their financial operations using features such as the general ledger, accounts payable, accounts receivable, and financial reporting.
NetSuite’s CRM module allows real estate businesses to manage and track customer contacts, leads, and opportunities, assuring successful engagement with future and existing clients. This leads to better client relationships and higher sales performance.
Most standalone property management software lack robust financial capabilities. While many ERPs don’t understand day-to-day property operations. Neither talks to the other. Folio3 bridges the gap and unifies your front-office operations and back-office financials into a single, cohesive ecosystem built on NetSuite.
See how real estate organizations achieve operational excellence and automate their property management and financial workflows with Folio3.
Folio3 implemented NetSuite for HSK Group. Our tailored functionalities significantly enhanced HSK’s real estate management processes.
Folio3 implemented NetSuite ERP for Bin Ham Properties. The company achieved efficiency, transparency, and scalability.
Folio3 implemented NetSuite for Aldar Properties. This helps them make informed decisions that benefit their business operations.
Schedule a call with our NetSuite real estate ERP consultants. We’ll map your entity structure, identify your highest-impact automation opportunities, and scope an implementation built around your portfolio.
Most property management tools handle operations (leases, maintenance) but lack robust financials, while standard ERPs focus on finance but ignore property workflows. Folio3 unifies both on NetSuite, so you don’t need separate systems or spreadsheet patchworks.
Folio3 covers NetSuite property management implementation, configuration, customization, as well as ongoing support covering both go-live and post-go-live phases.
Folio3 specializes in real estate. Generic partners know NetSuite but may not understand fund structures, intercompany pass-throughs, lease lifecycle accounting, or development project controls. Folio3 bridges that gap.
We’ve done dozens across the US, the UK, and the Middle East. We’ve done enough that nothing you throw at us will be new. Schedule a discovery call to discuss your NetSuite implementation project.
Yes. We work with property development companies that deal with multiple property types. So whether you’re dealing with residential, commercial, affordable housing, or community associations, we’re the right fit for you.
By submitting the form you agree to terms & condition and privacy policy of Folio3
Grab the opportunity to speak with one of our top-rated consultants to get expert guidance on your NetSuite needs.