The Business of Property Management Doesn’t Have to Be Complicated
Key2 Precision Property Management is the definitive real estate solution for SAP Business One, giving customers an intelligent way to manage their business.From investor relations to property maintenance, every facet of real estate management is covered. One straightforward system enables users to…
Streamline
Diverse properties
Multiple tenants
Numerous investors
Automate
Rental payments
Late fees
Billing
Investor financing
Vendor payments
Late fees
Billing
Investor financing
Vendor payments
Track
Ownership of multiple properties
Rent/finance payments
Accounts receivables/payables
Detailed investor reports
Time and user stamped notes
Rent/finance payments
Accounts receivables/payables
Detailed investor reports
Time and user stamped notes
Manage
Investor accounting
Investor financing
Rentals/leasing
Property maintenance
Document storage and sharing
Investor financing
Rentals/leasing
Property maintenance
Document storage and sharing
Key2Precision Property Management Features
Properties
Key Property Data
- Location, size, pictures, documents, etc.
- Customize list of attributes, as needed
Units
- Track all features of each unit: area, rooms, baths, market rent, etc.
Leases
Invoice Monthly Charges
- Rent
- One-time charges – e.g., Pet deposit
- Recurring charges – e.g., Internet service
- Auto-billed monthly or as needed
General
- Security deposits
- Move-in, move-out, inspections
- Rental terms – initial, auto-renewals
- Other details
Other
- Online lease applications
- Online inspection reports: Move-in, move-out
Tenants
Tenant Data
- Primary tenant
- Billing info
- Other occupants
- Statements and payment history
Tenant Online Access
- Statement inquiries
- Rent payments
- Maintenance work order requests
- Update personal information
Maintenance
Work Orders
- Request, approve, prioritize
- Assign to technicians and schedule
- Track estimated and actual hours
- Create work order linked Pos, as needed.
PO Requests and Approval
- Enter PO requests
- Approve based on user approval limits
- Set up limited self-approvals
- Set up user approval limits for properties and expense types
- Issue POs to vendors – Procure to pay
- Set up auto “Pass through” charges billed to tenant, if needed
Recurring Mainenance
- Set up maintenance schedules for properties and units
- Generate POs and/or work orders
Accounting and Financial
- Track financial transactions to the property, tenant, or unit
- General ledger management
- Accounts receivable and payables
- Project and cost accounting – e.g., department, division, property
- Detailed financial reporting and budgeting
- Project management accounting for building and renovation
- Fixed asset depreciation
