HSK Group – NetSuite Implementation Success Story
HSK Group Customer HSK Group, established in 1978, has expanded with successful investments in various sectors. They currently manage 26 real estate properties in Abu
Manage properties, units, and tenants easily with NetSuite real estate solution
Propertese by Folio3 is a NetSuite property management solution with power-packed features for all your real estate needs. You can easily monitor and track maintenance requests, lease expirations, rent payments, and other important tasks, so you never miss a beat.
Folio3’s proprietary Property Management Solution is pre-integrated with NetSuite. With customization, it may be integrated with other platforms. This scalable platform streamlines the most common processes for real estate businesses, such as property creation, tenant management, contract creation, rent collection, and revenue recognition. With NetSuite Property Management Solution, companies can leverage the strong ERP features encompassing all aspects of business operations.
You can automate your real estate business workflows with NetSuite and Real Estate Integration to get a comprehensive overview of unit occupancy ratio, pending requests, and lease status via dashboard widgets. Folio3 has extensive experience in working with startups, SMEs, and enterprises to deliver NetSuite implementations, customizations, and integration services, thereby enabling them to scale with ease and not get slowed down by the bottlenecks caused when your business is scaling.
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. 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 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.
HSK Group Customer HSK Group, established in 1978, has expanded with successful investments in various sectors. They currently manage 26 real estate properties in Abu
Bin Ham Properties Customer Bin Ham Properties, a prominent subsidiary of Bin Ham Group, is a leading real estate company specializing in property development, investment,
Aldar Properties Customer Aldar Properties, a leading real estate company based in Abu Dhabi, UAE, specializes in developing, managing, and investing in high-quality properties. They
NetSuite has many features to streamline the property management process. All your mundane tasks, such as managing tenant communication, maintenance tracking, lease administration, and rent collection, can be automated through NetSuite, and business will generally become more efficient.
Yes, NetSuite is customizable and works well with all real estate software. It helps you connect your data and workflows into a single platform, eliminate data entry, and minimize the error rate.
With a particular focus on financial management capabilities, including general ledger, accounts payable, and accounts receivable, you can track income and expenses comparatively in a short time and provide complete financial reports.
NetSuite’s CRM will help you manage your prospects, enhance the pipeline for sales, and strengthen the relationship with your customers. At the same time, it will help automate certain marketing tasks, such as email campaigns and posting updates on social media, and provide insights into your marketing efforts.
