How does a Lease management Software can help property managers handle multiple Outlets efficiently - Core Features of LP 365
20 Dec 2022
Lease management software can play a key role in helping property managers handle multiple properties and tenants efficiently. Here are some specific ways that a lease management system can assist property managers:
Streamline the Leasing process:With a Lease management software, property managers can easily group the Lease documents, track and manage the clauses, and collect and store important documents such as invoices. This can help property managers save time and reduce unforeseen errors and unwanted time delay.
Organized Invoice management and payments: A Lease management software can allow property managers to set up organized invoice & provision booking after accurate reconciliation , so that rental payouts are happening on time without errors. This can save property managers time and reduce the risk of late or missed payments.
Track maintenance and repair requests: A Lease management software can allow property managers to set up organized invoice & provision booking after accurate reconciliation , so that rental payouts are happening on time without errors. This can save property managers time and reduce the risk of late or missed payments.
Communicate with Landlords, Tenants or Team members: A Lease management software can provide property managers with a centralized platform for communicating with either Landlords or tenants, through email. This can help property managers stay in touch with any kind of contacts internally or externally and provide them with important information, such as updates on maintenance or rent increases.
Analyze data and performance: A Lease management Software can provide property managers with valuable data on their properties, such as Lease Type, Subtypes, Store footprint, Overall Actual and variable payouts and much more. This can help property managers make informed decisions about their business and identify areas for improvement.
Overall, a Lease management software can help property managers handle multiple properties and tenants efficiently by streamlining processes, automating tasks, and providing valuable insights and data. This can save property managers time and effort, and help them better manage their properties and provide high-quality service to their tenants.
LEASE PORTFOLIO 365
Being a Cloud based Based Saas Model - Lease Management Software, that will leverage Property Managers to stand ahead in Portfolio management.
CORE FEATURES OF LP 365
ü Manage all your Leased outlets data and documents in cloud platform ensuring strong data orientation and easy retrieval.
ü Track and keep account of all the Rental amounts, Rent Increases, Revenue share, Common area Maintenance charges and other utility charges.
ü Integrate all your Internal accounting, invoicing Software through API.
ü Property Geo Coding facilitating to know the outlets / branches count - state wise along with total sq-ft occupied.
ü Customized reports on Each Lease details, Rent details, Other expense details, Expiration and Renewal details etc.
ü Automated email triggers for the specific users for various alerts and notifications for Renewals, Terminations, Security Deposit and other options.
ü Tracks the number of Invoices and Provisions booked / pending and paid Vs the actual amount.
ü Provides an Organized Data access ensuring data protection, providing log data reports of every user involved.
You can discover more about Lease Portfolio 365 by visiting our website @ https://www.recamsolutions.com/software.html