Lease Portfolio 365 is a Cloud-based
SaaS-model Property Management software that simplifies the end-to-end
process of Lease portfolio administration.
It enhances the workflow by handling
documentation, supporting data abstraction, report generation,
accounting, invoicing, billing, tracking, and sending
notifications/alerts in a systematic order.
LP365 is a customizable software that
caters to customers' needs and ensures productivity in the ever-changing
dynamic marketplace.
RECAM Solutions - The Company
We, RECAM Solutions, are based in
Chennai, India. We have been a 'Solution and Service' based company
since 2018 having expertise in Commercial Real Estate Domain.
Our Team provides specialized services
to our esteemed customers in segments like Lease Abstraction, Lease
Audit and Validation, Lease Translations, Contract Management and
Administration services. We are the peers in the Translation of Tier 1,
Tier 2 and Tier 3 languages. We have excelled 100% standard of
Translation Quality throughout our deliverables.
Our Lease team, including middle and
top management with SMEs (Subject Matter Experts) have 15+ years of
in-depth experience in the Lease Abstraction process.
It is a multitasking software that
assists the accounts, finance, legal, and admin teams in a workspace.
In addition, Lease Portfolio 365
provides a dedicated support service to resolve any queries and
to manage the portfolio in the best shape always.
Process
Once a client is onboarded, the key
financial & accounting information is abstracted from the lease
agreements by our support team. Our expert team has around 15+ years of
technical expertise and we ensure the amendments and further new stores
document abstraction will be taken care on time.
Services Offered By Lease Portfolio 365:
Rental Management
A portfolio comprises Rental/Lease data
that needs sorting. Lease Portfolio 365 helps with actual rental data
management.
Furthermore, in rental management,
LP365 also supports storing lease documents and agreements online in a
cloud repository, keeping track of the rental expenses month-wise,
generating reports, and so forth.
Maintenance Expense Management
Property maintenance is managed by the
Lessee or Lessor, depending upon the type of maintenance involved. The
lessee's and the lessor's lease agreement includes a maintenance clause
that specifies each one's responsibilities.
The maintenance of a leased property
can be challenging to take into account. It consists of taking care of
emergency maintenance needs and seasonal and regular requirements.
LP365 aids with every expense
management related to maintenance clause and keeps you updated.
Utility Expense Management
Electricity, Water, and the common area
are some of the utilities in property management. Managing utilities for
the several properties in the portfolio can be challenging.
Hence, Lease Portfolio 365 offers a
comprehensive system that enables controlling of all the expenses spent
for utilities across the properties in different locations.
Notifications Management
When managing an extensive lease
portfolio, it is strenuous to keep track of all the rent payments and
significant dates on the lease.
Lease Portfolio 365 enables Automated
email triggers for specific users for various alerts and notifications
for Renewals, Terminations, Security deposits and other options. It
helps the property managers to keep up with all the deadlines.
Distinctive Features of Lease Portfolio 365
Determining the Property Location
using Geo Coding
Lease Portfolio 365 can effortlessly
determine any property's location and help us to understand things like
the population density that might benefit the business. Geocoding
technology is used to precisely locate the various properties listed in
the portfolio. We can decode every property with an image along with
their address.
API Integration
LP365 is easily integrable with any
existing work environment.It enables the seamless incorporation of an
existing ERP application specific to Legal, Admin, Accounts, or Finance
through API.
Financial Report Generation
Data abstraction results in filtered
data, with which the LP365 generates reports. It provides inputs on
various aspects of the business like the Lease Type, Renewals,
Terminations, Escalations, etc.
Remembering the condition and status of
the different properties of a lease portfolio might be difficult. Hence
these reports help understand the current scenario of each property in a
short period. It thus facilitates the Lessee or the Lessor with better
control over their portfolio.
Assists in Accounting Standard
Compliance
It is becoming important and mandatory
for a company to be accounting standard compliant to have a good
reputation in the marketplace. We can alter the content accordingly.
With customizable and versatile report
generation possibilities, LP365 assists a company to fulfil the
accounting standards.
Conclusion
Lease Portfolio
365 aids you in every way possible to simplify your lease
administration process. It enables customization based on the customer's
wish and is a user-friendly software that caters to every requirement of
customers.
Check out our website, LP365, to know
more about our services or to book a free demo.