|Technology has traditionally been under-leveraged in the real estate and property industries. A nearly $14 trillion industry, growing at an annual rate of 4%, it has significant intrinsic needs for process optimization and technology leverage. Progressing beyond straight-forward resource planning, technology can help optimize the view and operations for market players, and iEstate offers just that.
Custom-made for the real estate and property vertical, iEstate is a complete cloud-based Property Management solution for mid to large-size property developers, leasing and post-sales services management firms. It provides modules that help streamline business processes across a complex value chain, including
- Property Sales and Leasing
- CX based Property Sales and Leasing – Social Media, Marketing and Sales Management.
- Covers sales and leasing of both Residential & Commercial properties – Land as well as Buildings.
- Define and Manage properties for Sale and Leasing at a Land parcel, building, block, floor & unit level.
- End to End sales management from releasing property for sale, reservation of property, block/unblock, Price list management, contract documentation, milestone based payments, hand-over possession and sale closure.
- Pre-defined approvals hierarchy for sales, pricing discounts and offers.
- Information on financing / mortgage options
- Leasing functions include Pre-Lease, Lease Management, Extensions, Terminations, Hand out tasks and Fit-out tasks.
- Integrated with Financials for billing, invoicing, payments and collections.
- Subcontract and Construction Management
- Contract Creation with workflow approval
- Initiate Advance Payment to Contractors
- Capture the % completion
- Enter the Progressive Payment information to determine the amount payable per certificate.
- Automatic Retention deduction.
- Automatic Advance Payment recovery.
- Ability to enter other transactions such as Consultants’ Overtime Payment, Penalties.
- Payment Certificate for variations / Change Orders can be processed only after recording the same as amendment to original PO
- Graphical Portal(GMP) for graphical view of property details – color coding based on availability status, floor view, master plan view and other details at a unit / floor / block / property level.
- Mobile application for Property Sales and Leasing, Reports.
- Integration with ERP-Financials for billing, invoicing, payments and collections.
- Integration with Help-desk and Service Cloud for Facilities Management.