Oracle Netsuite Real Estate Solution

Comprehensive Real Estate management with an Installable add-on module for out-of-the-box functionality
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NetSuite’s Comprehensive Real Estate Management Solution

Folio3’s proprietary Property Management Solution is an add-on module for NetSuite that extends NetSuite’s out-of-the-box functionality by adding real estate and property management features and workflows. Folio3’s All-in-one Property Management Solution sets you up for success.

Folio3’s All-In-One Property Management Solution sets you up for Success.

PM Agreement

Lease Agreement

Security Desposit

Lease Renewal

SLA Management

Document Management

Lease Treatment

Statement of Account

Benefits of Our Real Estate Solution?

  • Premium insights and business intelligence
  • Powerful property management workflows to save you time and money
  • Built for agencies both large and small
  • Advanced property management, sales, and commercial accounting features
  • App for tenants to manage maintenance and rent payments
  • Premium insights and business intelligence
  • Powerful property management workflows to save you time and money
  • Built for agencies both large and small
  • Advanced property management, sales, and commercial accounting features
  • App for tenants to manage maintenance and rent payments

Why NetSuite’s Property Management Solution?

With the following features provided by NetSuite’s Real Estate and Property Management Solution you can now attain impeccable success.

Live Dashboard

Live Dashboard

Property Occupancy Ratio dashboard which displays real-time data for property occupancy and is based on the details available in the signed contracts signed for each property.

Property Management

  • Property Status dashboard displays the status (vacant, occupied, out of order, etc.) of all properties available in the portfolio.
  • Contracts Expiring In 90 Days dashboard provides list of properties whose contracts are expiring/ending in 90 days.
  • Graphical Widgets for Property Data including Income by Property Type, Income by Period Trends and Corporate VS Individual (Property) Leads.
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Leads, Opportunities & Quotes Management

  • Manage Leads to Tenancy & Leasing Opportunities with one click
  • Manage Sale Opportunities
  • Manage Contract Start & End Dates, Duration, Additional Charges and Automatic calculation of Rent and Security Deposit in Quotes
  • Set approval authorities and approvals process for Quotes
  • Convert Opportunities into Quotes with one click
  • Add Terms and Conditions to Quotes
  • Send Quotes for signature via DocuSign
  • Manage Custom fields in Quotes
  • Automatically Email Quotes to the tenant, lessee or prospective buyer
  • Export contracts in your own formats as pdf

Contract Management for Tenancy, Lease & Sale

Contracts Management by automatically checking the property’s internal and physical status during contract creation.

Contracts Renewal and ability to Cancel/Close Contracts

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Automatic creation of payments/installments based on payment mode, contract amount and duration

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Set approval authorities and approvals process for Contracts

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Automated email alerts to property managers, owners & tenants

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Folio3 NetSuite Experts are ready to set your Real Estate Business Up for Success. Drop a Query Now!

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Support & Maintenance Request Management

Add Service/Maintenance Requests via:

  • Manual data entry in NetSuite.​
  • Data capture from NetSuite generated online forms.​
  • Data entry into the NetSuite Customer Center.​

Manage (update/delete) Service/Maintenance Requests

  • Give access to your owners and tenants to create requests directly from their own portal.​
  • Create work orders and manage bills and payments.​

Complete tracking of Service/Maintenance Requests related to any property from the Contract, Property and Tenant/Lessee’s perspective

Ability to track maintenance request adherence to pre-set KPIs in NetSuite

Financial Accounting

  • The ability to generate and print customer receipts for payments made by tenants/lessees/buyers
  • Automatic creation of all payments with one click (based on the contract’s payment schedule), for application to a single invoice
  • Ability to create Revenue Recognition schedules in GL journal entries for payments made against invoices
  • Revenue Recognition schedules can be created based on from/to date, subsidiary, branch, and location, which are all recorded in the GL journal entry.
  • Automatic creation of Sales Orders (Contracts) against quotes
  • Automatic registration of Invoices against the relevant contracts
  • Automated email generation for Invoicing to tenants/lessees/buyers
  • Auto registration of Payments against the relevant invoices

NetSuite Real Estate Management Solution

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