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FACTORWISE
PURPOSE BUILT PROPERTY FACTORING SOFTWARE FactorWise was designed and built by Property Managers - for Property Managers. There is no other software on the market which transfers the role of a Property Manager quite like FactorWise. Contact us for more information
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FactorWise
Property Factoring carries a heavy administrative burden. In most cases this gives rise to clerical mountains and periods of stressful activity. FactorWise is a specifically designed Residential Property Factoring Software Solution and it goes a long way to removing these problems and making a Property Manager’s job more about looking after the owners and their properties than coping with the paperwork. FactorWise makes it possible to increase profitability, while at the same time giving Property Managers greater job satisfaction.
FEATURES
By removing the heavy administrative burden, attention can be focused on the Owners and their Properties.
BILLING
Customised Development Billing to suit your Company’s requirements. Comprehensive Apportionment Handling. Automatic Pro-Rata Calculation of Sales Invoices, Welcome Letters and Initial Advance Demands.
ACCOUNTING
Built in Administration and Accounting System providing complete control of Accounting at both Development and Owner level. When combined with practical functionality such as Automated Bank Reconciliation and Audit Trails the operational efficiency is maximised.
INSURANCE
Control Insurance and Premium Demands directly in the system. Ensure up-to-date information by transferring data between FactorWise and Broker’s systems.
COMMUNICATION
Keep Property Owners informed using the comprehensive generation of emails and letters. All correspondence is logged and filled providing the ability to recall materials such as histories and notes.
JOB CONTROL
From creation to completion and payment, Jobs are conveniently controlled and maintained. Suppliers’ workload and performance is monitored and if required, can be individually restricted.
CREDIT CONTROL
Sophisticated management of Credit Demands, Disputes and Debit Recovery. Utilising integrated features including automatic generation of Arrears Letters and Automatic Redistribution of unpaid Development Debts.
REPORTING
From Fee Income to Budgeting, the extensive collection of Reports detail all features of the system in depth. All reported data can be exported to spreadsheets or other software for further analysis via CSV format.
PROPOSED WORKS
Create multiple collections of funds for special developments that are separate from the Standard Bills. Once a predetermined percentage of the target balance has been received the work can then proceed.
WHY CHOOSE FACTORWISE?
Instead of an accounting packages with additional property factoring facilities built-in
- EXPERIENCE The software package has been specifically designed with and for Property Managers continuously for over 8 years
- SOFTWARE Every company that has used FactorWise, without exception, has expanded their property management operation.
- ADVICE Benefit from our knowledge and experience of Property Factoring
- SUPPORT Our Edinburgh based Support team is available to answer your questions.