1. Description of our solution.

Prestige is a comprehensive and affordable software solution designed to automate the numerous administrative, management and accounting processes required to successfully manage your Commercial Properties and Residential Blocks seamlessly all in the one system.

• Automatic generation of rent, service charge and insurance demands

for each portfolio, including year-end service charge balancing

allowance or balancing charge demands for printing or automatic

emailing.

• Automatic generation of supplier or contractor payments, both by

cheque and electronically by BACS.

• Quick entry of receipts from lessees either using the program’s

quick entry batch receipt facility or by automatically uploading

both receipts and payments directly from Bank statements into the

system.

• Built-in easy to use bank reconciliation facility. • Recording and notification of break clauses, breaches, rent reviews,

and holding over period.

• Automatic generation of client statements and reports.

• Automatic generation of letters and correspondence including

statutory notices, account statements and reminder letters for

printing or emailing to tenants and suppliers.

• Tight control of service charge expenditure through the automatic

monitoring of service charge budgets against actual cost with alerts

to notify when expenditure exceeds pre-defined levels.

• Automatic production of year-end financial and accounting reports,

recording all transactions during the financial year.

• Automatic scheduling of planned and unplanned maintenance,

issuing internal Job Sheets and printing or emailing Purchase Orders

or Requests to external contractors.

2. Type of user that benefits from our solution.

- Property Owners and Investors

- Commercial Managing Agents

- Block Managers

3. Customer need or pain that our solution addresses.

Through its high level of automation, Prestige Commercial Property and Residential Block Management Software substantially reduces the amount of time required for the completion of otherwise time-consuming and labour-intensive manual tasks. The easy integration of all processes and procedures into one system allows for efficient, flexible and simultaneous management of multiple property portfolios, day-to-day tasks, major projects, and the accounting and reporting in relation to those portfolios.

Prestige Property Management Software

by PCM Consulting Ltd