Acumatica Real Estate Development Software

Elevate Your Real Estate Business by Driven Success with Project Transparency

Today, both real estate developers and real estate investors need strong software solutions for the current market. The Acumatica real estate development solution is an all-encompassing platform that improves processes, efficiency, and real time visibility of financial and project data. Whether you are a project accountant or project manager that supervises a development project, Acumatica assists in managing project operations and real estate financial reporting complexities.

Why Choose Acumatica for Real Estate and Development?

  1. Comprehensive Financial and Project Management
    Our real estate development accounting system simplifies your finances, and project budgets, commitments, cost and funding transactions all in one platform. The robust accounting integration eliminates manual work and ensures your data is accurate in real time.
  2.  Scalable for Growth
    Acumatica is scalable whether you are managing predevelopment costs or supervising a number of development projects. Additional features and modules can be added as your real estate portfolio expands, without disrupting ongoing project and financial operations.
  3.  Real-Time Data and Analytics
    Acumatica’s real-time analytics give you instant 360-degree visibility across your portfolio.  This immediate access helps you make faster, data-driven decisions.
  4.  Advanced Security and Accessibility
    Having access to your portfolio securely from anywhere and from any device has proven to be a game changer for professionals who must manage multiple projects and their teams across different locations. This ensures that your entire team is in sync, collaborating seamlessly whether they work remotely or not.

Learn more about why Acumatica Cloud ERP is the data management system you need.

Development Project Tools

Real estate development management is required for the entire project lifecycle, from the pre-development to the completion of the project, potentially including property management of this new asset. This is achieved by Acumatica Real Estate Development Software through an integrated cloud platform that includes robust project management capabilities along with project cost control, funding requisitions and flexible real estate accounting functionality.

The platform simplifies work for developers, project managers, project accountants as well as external groups like contractors and lenders, engaged in land acquisition and development management. Whether it is your own development portfolio or build-to-suit projects, Acumatica offers a centralized solution that grows with your business.

  1. Integrated CRM and Contracts Management
    With Acumatica’s integrated CRM, you can manage all your relationships in one place: tenants and owners, contractors and service providers. This improved communication and document tracking will assist in your occupancy rates rising and your costs decreasing.
  2. Commitment Management
    Managing contractors and suppliers requires you to stay up-to-the-minute with commitments, draw requests, payments, change orders and retention. The system automatically calculates retention amounts as indicated in the contract and allows for an override. Contract management will track all of these in detail:  original contracts, change orders and potential change orders
  3. Loan Draws and Fundings
    Acumatica can save you significant time preparing loan draw requests that are adapted to the unique categories used by each of your lenders. You can select from cost items that have not been fully drawn and indicate full or partial requisition and automatically collate the vendor’s invoice pdfs into one document. Handle multiple loans, update approved loan draws, record cash receipts and automatically create and post general ledger journal entries.
  4. Project Control
    Gaining cost control requires automated over-budget monitoring.   We provide for user-defined cost code structure and the system tracks your actual costs and compares them to the job budget. You get full visibility into all committed costs, potential commitments and change orders. Job cost and the general ledger are updated in real time when transactions are entered. Acumatica prevents overpayment of contracts by checking for duplicate draw invoices and by not allowing a draw that exceeds the contract limits.
  5. Robust Real Estate Accounting Functionality
    The Acumatica real estate accounting solution combines complete real estate development tracking with powerful property management, if needed. You get real-time financial insights across multiple development projects and properties to provide accurate reporting and assist with strategic planning, from retention and loan draws to project forecasting. Essential for real estate teams managing a multiple project.
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commercial property management software

How Acumatica Enhances Real Estate Development

  1. Automated Workflows
    Automation of workflows aids in reducing manual errors and enhancing the efficiency of work. It’s not just about setting up recurring rent invoices or generating financial reports.  It’s about automation within our commercial property management software that minimizes data entry and increases productivity to the maximum.
  2. Comprehensive Reporting
    With Acumatica’s real estate oriented accounting software, you get robust financial and operational reports that give you visibility of project budgets, commitments, cost and fundings, including projected cost-at-completion. They assist you to stay competitive and provide a strong foundation for strategic planning.
  3. Compliance and Audit-Ready Documentation
    Compliance can be a real problem, especially in real estate. Acumatica’s auditing tools guarantee that transaction histories are properly documented, keeping you prepared for any regulatory requirements.

Acumatica vs. Other Software Solutions

When looking for the best real estate development software or the best commercial property management software, you will often find several platforms. However, many solutions lack the unified cloud based approach that Acumatica provides. We can do this by consolidating key software features such as property accounting, property/lease/unit tracking and project management for tenant/capital improvements and real estate development into one platform so you do not need to use several tools. This single source method covers all the property management tasks such as lease administration and handling of the maintenance requirements to enable tenant retention and proper property maintenance. We cover all the real estate development task such as budgeting, forecasting, commitment tracking and processing loan draws. We ensure that your financial management data is accurate and consistent. Therefore, Acumatica assists in avoiding problems of data fragmentation and therefore saves you time and money

Partner with ELEVATE Real Estate Solutions

If you are looking for a complete solution to multi-entity real estate development then ELEVATE Real Estate Solutions, an official Acumatica Partner, is proud to offer Acumatica certified teams for trusted Acumatica development services for small, medium or large size businesses. ELEVATE uses the latest Acumatica versions to guarantee that the Acumatica systems are deployed in a seamless and modern way, and Acumatica provides the strong features that your property management needs. ELEVATE is a leading real estate software reseller that makes your work easier by providing business management solutions so you can get the most out of your Acumatica investment.

From the time of installation and setting up of the system to providing day to day support and training, ELEVATE Real Estate Solutions  aims to help you get the most from your Acumatica investment. Whether you are involved with national development or a regional real estate company, ELEVATE ends to end services are to meet your maintenance requirements. Take the first step today and let ELEVATE help your business with its real estate development and property management needs, achieve its goals and realize its full business capability, all while navigating the ever-evolving real estate market.