What involves your thoughts whenever you first hear about Property Management? Administering residential, commercial, and real estate properties OR managing properties like apartments, condominium items, detached homes, and buying centers that are normally owned by another party or entity, right? Some of you even see property management as managing private property, gear, tooling, and physical capital assets which are acquired and used to build, repair, and even maintain end item deliverables.

Well, you’re right in all the above-suggested instances. But do you actually think that property management is a simple task? You will get a transparent picture after understanding a few of the further details.

Property management usually involves the processes, systems as well as manpower wanted to handle the life cycle of all acquired property. It contains acquisition, accountability, management, duty, utilization, maintenance, and disposition of the property.

As a result, most of the software development corporations after understanding the complexity involved in property management have designed and developed one of the best open-source property management system.

There is fast ERP development in home economic development. The large-scale enterprise in economically developed areas is dealing with exceptional opportunities. The market demand is increasing because the market financial system matures. Enterprises must face the ever-changing social & financial setting. Therefore, have to regulate their improvement methods in a well timed method. So, it requires a better management process with real estate erp system.

Implementing one of the best real estate odoo erp will additional improve the whole system. First, to understand the market pulse and trends and to consolidate their very own benefits within the fierce market competitors. Likewise, to boost the core competitiveness of enterprises. In addition, to determine the place of an enterprise available in the market. Without right management software, enterprises won’t be able to compete. As a end result, enterprises with inadequate energy might be eradicated. Meanwhile, a gaggle of powerful enterprises might be shaped to regulate the development of the market.

Implementing an Odoo real estate ERP system will work as the backbone of the enterprise system. This will basically strengthen the aggressive advantage of the corporate. Also, it enhances the businesses core competitiveness.

How to choose ERP software products:

  • Based on the character and development capabilities of software companies
  • Ease of use
  • Adaptability
  • Scalability
  • Upgrade-ability
  • Life cycle
  • Price system of software products.

Quantitative perspective

  • ERP software maturity
  • Number of successful customers
  • User satisfaction
  • Customized workload
  • Secondary improvement workload
  • Software upgrade cycle
  • The amount of training and so forth

Odoo Property Management System:

Finally, the best one on the listing is Odoo Property Management that allows you to manage your real estate portfolio. It contains major details just like the property valuation, maintenance, insurance, utilities as well as hire management with the reminders for every KPI. Another major benefit of Odoo’s property management system is it has simple use Content management system that helps in displaying the accessible property on the website accompanied by the picture gallery as well as other details to make it easily reachable to the end-users, specifically real estate buyers, and property brokers.

Generally, the real estate managers choose to embrace the most versatile software that not solely applies for the residential but additionally for the commercial property. Thus, maintaining this fact in mind, it’s best to go with the Odoo Property Management System that not only allows you to manage the excellent real estate portfolio, but additionally gives a well-defined content management system that shows property particulars on the site.

Not only these, but Odoo Property Management System can also be open to including Sales, Sales Management CRM, Accounting system, Mass Mailing, Document Management system, which are available out of the box in Odoo. So a property vendor/builder or construction company can manage every thing beneath one roof. Apart from this, Odoo Property Management System is open to integrating with any third-party software.

As a end result, for higher comfort, it’s advisable to decide on real estate property management system that permits managing the info in a well-defined method similar to Odoo Property Management System.

Author's Bio: 

usiness solution-centric Odoo Consultant and IT professional with about 11+ years of experience spanning Odoo delivery, Sales, pre-sales, Odoo product development, Odoo business consulting, outsourcing & ADM services in leadership positions.

• Has headed Practices for Enterprise Solutions ( SAP, Baan & Odoo )

• Experience across domains likeSales and Marketing, Logistics, Manufacturing, Retail, Chemical, Automotive maped to Odoo

• Extensive experience in large program delivery & business process transformation consulting (Odoo Consultant) for multiple programs

• Demonstrated experience in designing new product & service offerings and executing global Go-To-Market strategies for new offerings for new market penetration

• Proven leadership skills with balanced focus on people, processes & technology

• Pioneered the use of ERP systems in various Processing Industry

• Worked as Process Heads of Marketing, Sales, Purchase, HR, ERP Project deliveries and also worked as Business Heads for many companies like IBM, JKT, Denave India, FCS and presently at Apagen