Software Implementation

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Maximising your Software Investment

Our implementation services are geared towards maximising your investment in EstateMaster. We undertake implementation in a number of stages to ensure we deliver a solution that’s right for you. We engage our team of property experts and technical resources in a two-way knowledge transfer process with the relevant stakeholders in your organisation (acquisition, development, finance, administration) to define your business requirements and execute the setup of EstateMaster to meet your objectives.

Software-Implementation

Implementation Diagram

Areas we cover during implementation include:

Chart of Accounts

Advice on the appropriate level of detail and mapping between EstateMaster and Accounting/ERP and Sales/CRM systems with the objective of minimising inconsistencies with the codes and accounting discrepancies.

Code Groupings

How to allocate cost and revenue codes to headings and also best utilise the ‘Miscellaneous’ sections to isolate costs not relating to the gross margin or to identify ‘special costs’ separately.

Staging

Advice on setting up multi-stage projects, dealing with the allocations of global estate major works and automating staging based on the rate of sale or other key drivers.

Preferences & Rules

Helping establish corporate rules for preferences such GST/VAT/Sales Tax settings, escalations on cost and revenues; IRR/NPV and Development Margin calculation methods, Discount Rates, Interest Rates, etc.

External Linking

Linking external data sources, either to import existing information from Excel, or to export to Word and Excel, for example a monthly project performance report to the Board.

Budgets

Advice on defining, storing and comparing project budgets, and what to do if the master plan changes significantly from the original approved budget.

Financing

Advice on how to set up advance financing including profit splits, IRR look-backs, equity funding, equity partnerships, using waterfall financing and special solutions for split funding on various costs.

Reporting

Advice on producing reports for monthly project performance analysis, sources and application of funding, milestone Gantt charts, custom reports and exports to other data sources.

Consolidation

Advice on data consolidation using EstateMaster CC and best practice for coding, storing and sharing of information at a corporate level. Intended to optimise reporting power, and ability to make critical business decisions based on available funding, debt exposure and projected cash flows.

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