RERA Listed Owners Association Management Solutions using SAP B1

Dubai is fast becoming a place which undertakes one of the most ambitious real estate digitalization campaigns in the world. Digital solutions have emerged as the go-to choice for Owner Association Management (OAM) organizations looking to manage numerous properties with ease. Apartment management solutions have improved service delivery and supervision by providing them with a common dashboard that enables them to monitor every property. Multiple communication channels have also enhanced access to people, helped gather input, and ensured that problems were handled quickly.

HLB HAMT has ready to go-live Owners Association Management (OAM) solutions using SAP Business One that can help you manage your RERA related financial activities and management submissions. The goal of the ERP system is to provide users with significant returns on investment and aid them in pursuing their path to community sustainability and financial security. OAM managers receive Integrated Community Management System, Complete Accounting, Facility Management, Automatic Bill Generation, and AR Entries.

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HLB HAMT - Accounting Firm in UAE

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    Manage your RERA Annexure Data with SAP B1

    We understand one of the most time-consuming processes for any OAM’s are the filling of the various JOP Annexures for RERA review. Failure to comply can result in penalties and legal consequences. Annexure data such as Project Details, Income Details, Budgeting, Actuals, Bank, Supplier & Unit Balances, Reserve fund expenses, community improvement, unplanned maintenance & accruals, transaction details, etc. can be easily obtained from SAP B1 and can be easily send to your auditors for review before integrating with RERA Portal.

    One of the key requirements set by RERA is for HOAs to establish a clear financial plan, which includes setting up Master Community Charges that cover all expenses related to managing common areas. This not only ensures compliance with RERA regulations but also helps maintain property values and improves resident satisfaction.

    We can assist with data syncing and integration between your ERP programme and RERA. It offers various endpoints for obtaining service charge data as well as a two-way data exchange for invoices, contacts, and payment receipts. Additionally, you may combine Mollak with several platforms connected to a single business using a collection of unique connectors. Get all RERA-related services, including requests for land access, property groups, and more, in your office ERP systems today, along with requests for bank information and approval of service charge payments.

    Automating your work

    Our SAP B1 services go beyond standard ERP functionality. We can assist you in eliminating 70% of your repetitive work efforts with the aid of an RPA solution and provide a unified, fully automated, integrated solution with the authority department. We have assisted numerous businesses with integrating Mollak, ensuring the transition runs smoothly and safeguarding past modifications and investments.

    Contact our ERP Consultants to know more about how you can ease your RERA Annexure filling processes and also bring in a seamless integration with RERA Portal.

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