A central place in iCore ERP for property management: properties, units, tenants and lease contracts, from registering the property to following dues, collection, maintenance and renewals, with a clear view of occupancy, revenue, amounts due and the profitability of every property.
Register properties, compounds and buildings, divide each into floors and units classified by type and use, and follow which units are available, leased or reserved.
Create owner and tenant files, and reach a property’s units, contracts, tenants, collections, expenses and maintenance from its own file without moving between separate records.
Manage lease contracts and their key details: term, rent and payment method, with monthly, quarterly or annual rent.
Enter the contract once and the payment schedule is created automatically, with the related invoices, alerts and financial transactions according to your settings.
Issue rent invoices linked to the tenant, record receipt vouchers and collections, and follow arrears and outstanding balances.
Alerts arrive before due dates and as contracts approach expiry or renewal, and a contract can be renewed or ended with the move-out documented.
Record and follow maintenance requests, link each job to the supplier, cost and unit, and manage the expenses and services that belong to the property.
Keep contracts, photos and handover records as attachments, and apply approval workflows to contracts, expenses and maintenance requests.
Journal entries are created on invoicing and collection, revenue, expenses and deposits are posted, and properties and units are linked to cost centres to measure the cost and profitability of each property, building or unit.
Reports that help management follow occupancy, revenue, contracts and profitability.
The module works with accounting, customers and suppliers for tenants, owners and maintenance suppliers, financial transactions for prepaid and accrued expenses, notifications, and print templates for contracts and invoices in your own branding.
Yes. iCore manages lease contracts with their term, rent and payment method, creates the payment schedule automatically, issues rent invoices, records receipts and follows arrears.
Yes. Alerts arrive before due dates and as contracts approach expiry and renewal.
Yes. The system tracks available, leased and reserved units and provides occupancy and vacancy reports.
Yes. Periodic increases can be applied to the rent within the contract.
Yes. Linking properties and units to cost centres and recording revenue, expenses and maintenance lets you analyse the expenses and profitability of each property or unit.
Tell us about your company and we will walk you through iCore with your own data and processes.