Products
FTS Property Solution for Lease and Finance Management
Short Overview
- Manage all key processes of commercial real estate
The solution combines industry best practices of our customers with over 2,5 M sq. m. rental space, and capabilities of a modern ERP platform, Microsoft Dynamics 365 Business Central.
- Simplify your invoicing, finance accounting, tenant management, and reporting across all objects
Don’t get overwhelmed with all details of lease agreements and terms. Keep records of unlimited legal entities, real estate objects, premises and contractors. The remote office staff will work with the central database.
The solution supports parallel accounting in different currencies and multilingual user interface. Which makes it a perfect fit for companies with foreign investors or management.
- Optimize your revenue from real estate objects
How to enhance your revenue using the FTS solution? Increase tenant retention following all terms of agreements. Improve control and tracking over rates, renewals, tenant turnover and performance.
Benefits You Will Get
Reliable source of managerial information
- Flexible access to financial and commercial information
- More balanced and data-backed decisions
- Automated reports based on key performance indicators
Reduction of time and costs for administrative tasks
- Employees get more time for operational tasks
- Automated calculating and indexing of rent rates according to agreement terms
Timely cost accounting and invoicing
- Automated tracking, calculating and invoicing on tenants' payments
- Lease payments, turnover charge, reimbursement of marketing and operating costs for maintenance
- Monitoring and approval of costs
More effective control of payments
- Full control over receivables
- Automated invoicing and flexible reporting
- Analytical information on receivables and payables
Minimizing company risks
- Improving process controls
- Transparency and full audit trail of all changes
Features
Tenant Management
– Collect tenant and landlord information
– Search and attract new tenants
Lease Administration
– Manage lease agreements
– Keep accounting of contracts and related documents
Contract Management
– Register contracts with tenants
– Approve and process contracts
Financial Control
– Plan and keep accounting of revenue and costs
– Control over mutual payments
– Keep multi-company and multi-currency accounting
Facility Maintenance
– Collect properties and premises information
– Keep accounting of maintenance and repairs
Business Analytics
– Create financial and commercial reports
– Generate standard and custom reports
– Build dashboards with KPIs
Success Story
Sofia South Ring Mall
Sofia South Ring Mall uses the FTS Property Solution for operation of the largest shopping mall in Bulgaria with 150 000 sq. m. rental area.
For managerial accounting, the team leverages real-time monitoring of budget implementation and control over accounts receivable by various criteria.
Success Story
Amma Development
Amma Development automated the main business processes for managing real estate assets, including the AVIAPARK shopping mall, one of the largest shopping centers in Europe.
After implementing the FTS Property Solution, the leadership noted reduction of administrative costs, increase of operation efficiency, and overall transparency of operations.
Success Story
Norman Asset Management
Norman Asset Management uses the FTS Property Solution for everyday operations of retail space.
The developer benefits from the solution by generating various financial and commercial reports to support business decisions. The most used reports include accounts receivable report, report on terms of contracts, and tenant payments report.
Success Story
Knight Frank
An international real estate consulting company, Knight Frank, automated lease management and operation of properties with the Property Solution implemented by the FTS Team.
The company keeps all information on lease agreements in a single database with flexible secure access for remote work.
Success Story
IKEA Real Estate
The FTS provided us with a full range of related services, including consulting on the application of best practices, development of all necessary system and user documentation, as well as post-launch support of the system.
After the completion of the implementation process, we were able to receive timely advice and support through the “hotline” of FTS specialists, who are always ready to solve any problems we have and answer questions.
Anders Jonsson, project manager, IKEA
Success Story
Stockmann
A well-known Finnish retailer, Stockmann, uses the FTS Property Solution for keeping lease agreements and terms, for controlling finances and managing tenant relationships.
After implementation, the key users and the leadership of the company noted improved financial control, reduction of administration costs, and more clarity and efficiency in relations to tenants and property owners.
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