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.
Handles lease contract creation, tracking, renewals, and escalations (rent increases) based on predefined terms.
Manages tenant advances and security deposits, including collection, tracking, and refunds.
Supports various billing methods for rent and other charges, accommodating fixed amounts, percentage-based calculations, and variable charges based on usage or other factors.
Maintains a detailed inventory of available units, including specifications, features, pricing, and availability status.
Facilitates the recording of meter readings for utilities (water, electricity, gas) and automates the calculation of utility charges for tenants.
Generates statements of accounts for tenants, summarizing their charges, payments, and outstanding balances.
Manages the reservation and scheduling of amenities (e.g., gyms, pools, function rooms) for tenants.
Streamline the process of maintenance requests, tracking of repair work, and managing inventory of supplies and spare parts for property maintenance.
Provides a system for tenants to submit requests (e.g., maintenance, repairs) and complaints, and for property managers to track and resolve them.
Maintains a comprehensive record of all financial transactions related to a specific tenant, including rent payments, charges, and outstanding balances.







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