Does your Real Estate business need an ERP software?

 It’s definitely a YES!

Because Real Estate Industry is one of the major industries which deals with volatile marketing conditions and substantial expense for its high demand for residential and commercial projects. And the Real Estate business handles challenges like project budgeting, project costing, project planning, unorganized cash flow and frequently changing pricing system.

If you are running a small-scale business or a start-up, there are few employees and few defined work processes. Then it is easy to handle and manage all the functionalities. But, when the business grows globally and gets wider reach, without an ERP Software to streamline the profitability, productivity and growth will be highly affected.

No business wants to lose their profit or productivity and that’s where an Enterprise Resource Planning (ERP) software like Horizon EBS - ERP for Real Estate comes in to streamline your business process, boost revenue, reduce operational costs and lot more.

Let’s have a deeper look and know what exactly an ERP for Real Estate can do for your business and how it helps your Real Estate business to increase efficiency

ERP for Real Estate

In general, ERP do streamline and integrate HR, procurement & inventory, project accounting, etc. With the specialized ERP for Real Estate, it is narrowed to focus on property management, financial accounting, fixed asset management, approval management and more. Each module does unique functions and it is knitted together to work hand in hand to have clear reports and better work flow.  

A right ERP for Real Estate like Horizon EBS gives you

  • Gives a complete overview of your business.
  • Smooth work flow and better coordination between modules.
  • Stores all the data in a centralized location.
  • Automates or alerts on renewal & expiry.

And the list can be extended to lot more

ERP Benefits for Real Estate

There are lot of benefits in implementing an ERP software solution in your real estate business.  

Property Management

All the properties for lease can be maintained with detailed bookkeeping, and organized with hierarchical grouping structures. The advanced multilevel search can help you locate the exact property you are looking for from a pool of your property list. Each property has its unique status to track the vacant units.

Lease Management

Deals with all the tenants lease prerequisites for new tenancy agreement and renewal. All the related documents are stored for safe keeping and it can be printed at any time. With the robust ERP Software for Real Estate like Horizon EBS, you can easily process partial payments, cancelling existing leasing contract can be efficiently handled. You can manage rental increments based on the property or unit with ease.

Revenue Management

The revenue can be forecasted with enhanced accurate reports. The creditability of the report generated is 100% accurate based on the financial information added to the system. Which includes accounting, cash transactions, banking, materials & maintenance costing, advance payments, etc,.

If you are looking for an ERP for your business, talk to us and know how we can help you increase your revenue and reduce operational costs.

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