Real Estate Development
Control of Real Estate Development
Real estate developers ensure that the housing stock, business properties and other real estate meets the needs of the property market. But unlike the production in a factory, real estate development requires a look far into the future. The development of an area may take ten years or longer. Meanwhile, the real estate market maybe changed once again. The market rewards this vision with an attractive margin.
Your colleagues have a great understanding of the market, the development potential and the risks. But how do you ensure that you have a good vision over the entire property portfolio? How can you ensure that you give the right priority to projects within your portfolio?
Invantive Estate assists
The software solution Invantive Estate supports real estate developers with their work. All projects of all project entities are stored in one database, including all contracts, document scans and data of clients and suppliers. It does not matter whether they are regularly imported from another system or entered manually. This enables you to control and improve your financial processes across the complete real estate portfolio from one solution. The security ensures that only people will get access to a project because they need this access to do their work. And because the project information is accessible with a browser and with Microsoft Outlook, you will always have them at hand when you need them.
Obviously Invantive Estate offers possibilities to register project budgets and the list of sellable units. But Invantive Estate offers more:
Always an End of Work Forecast and a Net Present Value available: at any stage during development, implementation and operation of a project or an area you will always have the latest forecast end of work available. The forecast end of work is based on an expert model and is developed with a number of real estate developers with a portfolio of over 1 billion euro. A cash flow calculation is included in the end of work forecast which allows you to see the expected liquidity over time for each project, area and company. This means that you always have a Net Present Value at hand.
Flexible structuring of processes: for processes such as assignments, you can setup a work flow. Such a work flow can be different for a particular project entity or type of work flow or can have different limits. For each category you can setup exactly what persons are allowed to do and you can make sure that you always know what activity is allocated to which person and what stage the activity has.
No need to waste hours: for fee projects you quickly and easily register what materials were consumed or used, and how long it took. This can be done using the Microsoft Outlook calendar, but also via the web.
Always in control: thanks to the integrated real-time data warehouse, you can recall the historical situation of all projects, with the push of a button.
All data together provides insight: you can easily combine data from other systems within Invantive Estate. Whether it is about the progress of the sales of the homes by brokers or about profit-taking using the memorial of the accounting package. It does not even matter if this is Exact, AccountView, KING, Eniac or another accounting package. Invantive Estate ensures that you can combine your data easily and that you can control the development projects.
Invantive Control provides Calculations from Microsoft Excel
Invantive Estate is a perfect solution for the industry of real estate developers. But sometimes there is a need for more freedom, for example when putting together a budget. Invantive Control is an optional addition to Invantive Estate. Invantive Control allows you to import data in Microsoft Excel from the real-time data warehouse of Invantive Estate. Next you can modify for example, the budgeted number of houses or change the dates of the planned sales. You can repeat this it until the results in Microsoft Excel are satisfactory. Once you reconnect to the corporate network you can save the changes from Microsoft Excel to Invantive Estate. After this the data will also be available for your colleagues.