Oracle Netsuite

Property Leasing and Management

Designed to meet the
specific needs and
requirements of the
real estate industry to
track leased properties
and maximize overall asset management,

Staying on-top of your assets and rental properties

Oracle NetSuite for Property Leasing and Management is designed to streamline and automate the processes involved in leasing and managing properties, such as residential or commercial real estate. The primary objective is not only to monitor its real estate portfolio and ensure prompt rent payments but also to maximize the management of assets while nurturing client relationship.

Designed to meet the unique needs of the real estate industry. From managing property portfolios to automating lease administration, this powerful platform provides real estate professionals with the capabilities they need to thrive in a competitive market.

From the complexities of lease negotiations and rent collection to the ever-evolving regulations governing property transactions, real estate professionals face a constant array of hurdles. Balancing tenant satisfaction, maintaining property value, and ensuring compliance with local and national laws all present ongoing challenges.

While NetSuite already has strong standard ERP features to help grow your business efficiency, CloudTech has vertical solutions on Real Estate focusing on Property Leasing and Management

Oracle NetSuite Property Leasing and Management

Contract Management and Escalation

Handles lease contract creation, tracking, renewals, and escalations (rent increases) based on predefined terms.

Advances and Security Deposits

Manages tenant advances and security deposits, including collection, tracking, and refunds.

Fixed, Percentage and Variable Billing

Supports various billing methods for rent and other charges, accommodating fixed amounts, percentage-based calculations, and variable charges based on usage or other factors.

Units Inventory; Units Specification

Maintains a detailed inventory of available units, including specifications, features, pricing, and availability status.

Meter Reading and Utility Management

Facilitates the recording of meter readings for utilities (water, electricity, gas) and automates the calculation of utility charges for tenants.

SOA Generation

Generates statements of accounts for tenants, summarizing their charges, payments, and outstanding balances.

Amenities Booking and Scheduling

Manages the reservation and scheduling of amenities (e.g., gyms, pools, function rooms) for tenants.

Engineering and Supplies Management

Streamline the process of maintenance requests, tracking of repair work, and managing inventory of supplies and spare parts for property maintenance.

Lessee Requests and Complaints

Provides a system for tenants to submit requests (e.g., maintenance, repairs) and complaints, and for property managers to track and resolve them.

Lessee’s Ledger

Maintains a comprehensive record of all financial transactions related to a specific tenant, including rent payments, charges, and outstanding balances.