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