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Property Management

Property management system in enterprise resource management

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22 views8 pages

Property Management

Property management system in enterprise resource management

Uploaded by

vishal.gowda.n.brigade
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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MALNAD COLLEGE OF ENGINEERING

Department of Information Science and Engineering


Storage Area
Network:
Evolution
Enterprise Resource Planning
and
Components
TOPIC: Property Management
A Storage Area Network (SAN) is a high-speed network dedicated
to connecting servers and storage devices. It provides a dedicated
path for data transfer, enabling faster access and increased
performance compared to traditional network-attached storage
Under the Guidance of: (NAS). Presented by:
Mrs Priyanka HL Vishal Gowda N
Assistant Professor 4MC21IS122
Department of Information Science &
Engineering
Implementing ERP in
Property Management
Systems
This presentation will explore the benefits of implementing
Enterprise Resource Planning (ERP) solutions in property
management systems, outlining the key considerations and steps
involved in this transformative process.
Introduction to Property Management Sys
Definition Types of PMS

Property Management Systems (PMS) are software PMS systems are available in various forms, from cloud-
applications that streamline and automate various based solutions to on-premises software. They cater to
aspects of property management, including tenant different property sizes and management needs.
management, rent collection, maintenance, and
accounting.
ERP Model for Property Management
ERP Architecture

An ERP system for property management integrates


modules that cover various operations, including
tenant management, finance, maintenance, marketing,
and reporting.

Modules

Tenant management, finance, maintenance, and other


modules work together to create a unified and efficient
system for property management.
Benefits of ERP in
Property Management
Improved Efficiency Centralized Data
Automating tasks and workflows ERP systems consolidate data
can significantly reduce manual from different departments,
labor and time spent on providing a single source of truth
repetitive processes, leading to and ensuring consistent
improved operational efficiency. information across the
organization.

Enhanced Reporting Cost Reduction


Real-time data insights and ERP systems optimize resource
comprehensive reports provide allocation, minimize
better visibility into operational inefficiencies, and improve
performance, enabling data- accuracy, ultimately reducing
driven decision-making. costs and maximizing ROI.
Implementation Phases of ERP in PMS
Requirement Analysis 1
Start by identifying specific property management needs and
requirements to ensure the ERP system aligns with your
business objectives. 2 ERP Selection
Thoroughly evaluate different ERP vendors and solutions,
considering features, functionality, cost, and compatibility with
Customization 3 existing systems.
Tailor the ERP system to match your specific property
management workflows, processes, and reporting needs for
optimal integration. 4 Data Migration
Transfer data from existing systems into the new ERP platform,
ensuring data integrity and accuracy while minimizing
Training & Deployment 5 disruption.
Provide comprehensive training to staff on the new ERP
system to ensure smooth adoption and optimal utilization of
6 Testing & Optimization
its features.
Thoroughly test the ERP system and make necessary
adjustments to ensure it functions correctly and meets the
needs of your property management operations.
Challenges and Solutions in ERP Implementati

High Initial Cost Resistance to Change Data Security Concerns


Implement ERP systems in phases to Communicate the benefits of ERP Select ERP vendors with robust security
manage costs and ensure a gradual clearly, provide comprehensive training, measures, implement appropriate
transition, leveraging cloud-based and address concerns to foster access controls, and adhere to industry
solutions to reduce upfront investment. acceptance and encourage adoption. best practices to protect sensitive data.
Conclusion and Future Scope

Efficiency & Control


ERP systems provide significant benefits for property management, improving
1 operational efficiency, centralizing data, and enhancing decision-making.

AI & IoT Integration


The future of property management ERP systems holds exciting
2
possibilities, with AI and IoT enabling smart building automation and
predictive maintenance.

Trends & Innovations


Stay informed about emerging technologies and trends in
3
property management ERP systems to optimize your
business and stay ahead of the curve.

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