RED365

The real estate development business is a very diversified, information-hungry, and sophisticated business arena that requires a huge investment with a huge number of different factors affecting the decision making process starting from laying down the business strategy and business drivers, going through preparation for real estate development plans, acquiring the right lands and maintaining the land banks, selecting the marketing mix that ensures the maximum conversions rate entangled with the highest and fastest ROI – return on investment, managing the flood on information related to projects, programs and portfolios with details on each and every unit / square meter, managing their pre-launch and collecting the expression of interests, the launch of releases with proper time to market and the sales / leasing sales force that facilitates the sales process from leads going through reservation and deal closure, managing and controlling the contracting cycle, cheque and collection management with all the overwhelming details of the postdated cheque process.

Ensuring that the customer gets the best service with each interaction, moving forward to delivering the units to the customer and completing the service with top-notch facility maintenance and tracking other aspects of the facility management process. Having to do all this while keeping your customer relationship management strategy at the core of each operation which requires real estate development organization to track a tremendous amount of customer interaction details through a number of Omni-channels.

On top of all these businesses challenges the nature of this market and the heterogeneous nature of the information required for decision-makers to be able to manage this type of business has to be taken into considerations. PROART through its vast experience realized the need for a software solution that uses the latest technology to simplify, facilitate, and help manage these challenges. We have placed a lot of effort and thoughts to come up with a real estate vertical that addressed these challenges and acts as a platform for your future growth.

PROART Consulting is very proud to introduce “RED 365” the right partner for your journey of success.

RED365 Construction

RED365 Construction Module: 15 Features to Power Your Projects

Say goodbye to spreadsheets and chaos, and hello to streamlined construction with RED365! This powerful module equips you with a plethora of features designed to make every aspect of your projects run smoother, more efficiently, and ultimately, more profitably. Let’s dive into the details of each feature:

1. Subcontractor Management: Keep your subcontractors on track with centralized communication, document sharing, performance tracking, and payment management.

2. Construction Contract Control: Securely store and manage all your construction contracts in one place, with easy access to key terms, milestones, and changes.

3. International Construction Coding: Ensure code compliance and improve project clarity by integrating international coding standards into your workflow.

4. Variation Order Control: Streamline the creation, approval, and execution of variation orders, minimizing cost overruns and disputes.

5. Material On-Site Control: Track and manage materials from procurement to onsite utilization, preventing waste and optimizing inventory.

6. Payment Certificate “IPC“: Generate accurate and timely Payment Certificates with ease, simplifying invoicing and ensuring smooth cash flow.

7. Omission and Addition: Handle changes within the project scope efficiently with dedicated tools for managing omissions and additions to the original plan.

8. Financial POC Reporting: Gain real-time financial insights with detailed reports on Purchase Orders, Contracts, and Invoices, keeping your budget on track.

9. Accumulated IPCs Reporting: Analyze trends and make informed decisions with readily available reports on accrued and paid Payment Certificates.

10. Manual and Mass IPC Uploading Tool: Choose your preferred method – upload IPCs individually or in bulk, saving time and reducing manual errors.

11. Construction Tax Rules Applied: Stay compliant with local and international tax regulations with built-in support for construction-specific tax rules.

12. Retention and Social Insurance Management: Automate retention calculations and social insurance deductions, ensuring accuracy and reducing administrative burden.

13. Field Data Reporting: Capture real-time data from the field on labor, equipment, and progress, providing immediate insights and facilitating informed decision-making.

14. Machinery Scheduling and Allocation: Optimize equipment utilization by efficiently scheduling and allocating machinery resources across projects.

15. Reporting and Analytics: Gain valuable insights into your project performance with customizable reports and dashboards, identifying areas for improvement and maximizing success.