Lease Contract Management
Shopping Mall, Business Center and Inn Rental Management: Challenges and Solutions
Leasing points that provide services to the fast-moving consumer goods sector, such as shopping malls (AVMs), business centers and inns, poses various difficulties for many businesses. Leasing processes include complex stages such as determining rent and dues periods, making calculations at the end of the periods and managing rent increase models.
Challenges Encountered
Determination of Rental and Membership Periods:
- In the rental process, determining the appropriate rent and maintenance periods for each tenant is time-consuming. Different rental conditions and payment methods create a complex situation in terms of management.
Manual Invoice Processes:
- The transfer of monthly rent and dues invoices that shopping mall management businesses must issue to tenants to accounting is usually done manually. This can lead to inconsistencies between operations and accounting.
Rent Increase Management:
- Determining rent increase periods and methods is an important process that affects the costs of businesses. Failure to manage these processes may cause dissatisfaction of tenants.
Navappro Solution
Navappro Construction Management software offers a range of features that will enable you to manage your leasing processes more effectively:
Lease Contract Management:
- You can define your rentable independent sections through rental agreements and track these sections based on quantity and square meter. This feature allows you to manage the inventory of rentable areas in an organized manner.
Invoice Creation and Tracking:
- At the end of the period, you can automatically create rental invoices. Thanks to the flexible structure of rental contracts, you can easily define your rental periods and rent increase methods in the system.
Membership Management:
- Leases help you track your dues periods and create dues invoices for tenants at the end of each month. This is critical to ensuring dues are collected on time.
Payment Alert System:
- In cases where your rental and maintenance invoices are not paid on time, you can create warning letters within Navappro. In addition, automatic interest rate calculations can be made for unpaid invoices, making it easier to manage your cash flow.
Integration of Operational and Accounting Processes:
- While managing your operational processes with leasing contracts, you can also carry out your accounting and finance processes in an integrated manner. This will relieve you of the manual process burden, increase your efficiency and reduce the possibility of errors.
Navappro Construction Management software helps you manage your leasing processes more efficiently, quickly and without errors. This way, you can improve your business's financial performance, increase customer satisfaction and optimize your business processes.