Lease Rents are the biggest cost items in Corporate Real Estate Management, and so the importance of ensuring that the right amounts are paid to the right people at the right time cannot be overstated. When this process is managed manually for multiple locations, errors might creep in, which can lead to large financial losses and other legal issues. Hence, we need to track the lease agreement information and automate the calculation of lease rentals with appropriate oversight controls.
Smart-FM's Lease Management is designed to manage lease information and calculate rentals. Its features include
- Comprehensive agreement information including rent free period, termination etc.
- Multiple owners / landlords with percentage owned & tax applicability
- Security Deposit, Rental, Maintenance & additional amounts with escalation period
- Auto calculation of monthly rent for all locations with tax calculations
- Cost center wise breakup of rental amounts available
- Option to keep payments on hold and release them at a later date
- Owners can upload their tax invoices for each month
- Approval of calculated rents and download as per payment format
- Maker-Checker system for adding, changing, renewing or terminating agreements
- Alerts for lease expiry as well as reports for lease rent projection, rent escalation etc
Benefits
Accurate Payments
Get error free monthly rental amounts for each owner including rent escalations and tax
Lease Digitization
No need to go through agreement copies, with all lease information at your fingertips
Owner Alerts
Send auto mails and get invoices from owners, to ensure timely communication
Access Control
Allow only authorised people to view or change data with maker checker mechanism
Get Started
We can schedule a discussion to understand your requirements for automation of Real Estate & Facility Management processes as well as give a demonstration on the Smart-FM solution.
We can also setup a Trial - with your own data - to show its flexibility & ease-of-use and fitment to your requirements.
Contact
Location:
401, Mittal Commercia, off Andheri Kurla Road,
Marol, Andheri (East), Mumbai 400059.
Email:
join(@)smart-fm(.)in
help(@)smart-fm(.)in
Call:
+91 - 9820880525
+91 - 22 - 285 111 08