SOFT4RealEstate

SOFT4RealEstate is a comprehensive property management software designed for commercial real estate. It is specifically tailored for small to mid-sized organizations in various professions and industries, including property managers, real estate developers, asset managers, property owners, and facilities managers. According to the vendor, SOFT4RealEstate streamlines property management processes and aims to enhance operational efficiency for businesses in the real estate sector.

Key Features

Lease unit management: According to the vendor, users can create a multilevel unit structure for properties and buildings, keep track of unit area changes, and add assets, pictures, and floor maps to units.

Tenant management: The vendor claims that users can store tenant data, including company and contact information, personal data, and bank accounts. The software allows for the separation of existing and prospective tenants and provides easy tracking of due invoices, debts, and payments.

Lease contract management: According to the vendor, users can create lease contracts on branded templates with automatic data filling. The software allows for the setup of various pricing rules and the addition of multiple services or lease units to one contract. Users can also attach related lease documents for seamless communication.

Common area maintenance (CAM) calculation: The vendor states that the software can calculate common area maintenance fees using different allocation methods for different types of costs. Users can create monthly CAM fees and distribute them to tenants accordingly.

Work orders management: Users can register tenant requests and queries for maintenance, repair, and renovation tasks. The software allows for the creation of work orders, assignment of responsible employees, tracking of work order status and appointments, and the preparation of purchase orders and sales invoices directly from work orders.

Maintenance management: The vendor claims that users can plan and track maintenance works, assign tasks to responsible employees, and create recurring maintenance schedules for assets.

Tenant self-service portal: According to the vendor, the software provides tenants with access to a web portal where they can check contract details, track work orders, download invoices, and view payment history.

Billing and invoicing: Users can create invoices based on calculated charges and send them automatically in PDF format by email. The software also allows for the posting of sales invoices and efficient management of overdue debts.

Property reporting and analytics: The vendor claims that users can access built-in and PowerBI real-time financial and real estate reports. The software allows for the analysis of data from different sources in one place and the generation of detailed rent, lease status, sales, and financial reports.

Financial management and accounting: According to the vendor, the software offers integrated financial accounting functionality. Users can manage general ledger, payables, receivables, inventory, and fixed assets. The software also facilitates bank reconciliations and collections, and supports financial processes across multiple currencies, locations, or companies.