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Module · 209 functions · the leasing engine

Book it. Bill it.
Bank it.

Lease an asset out — a unit in a tower, a shop in a mall, a floor in a commercial building, an office in a campus. Lock the booking. Bill on the right cycle, with the right escalations. Collect through every channel — cheque, NEFT, UPI, payment link, PDC. Reconcile daily. Handle the queries, the SLAs, the fit-outs, the exits. The rent-collecting engine that runs underneath every Leasing operation.

§ 01
The rhythm
Four phases · monthly cycle · per tenant

The cycle every tenant
moves through.

Every tenant — be it a residential family, a retail shop, a corporate office, or a kiosk operator — moves through the same four phases. Booking once. Invoicing every month. Collection every month. Operations every day. The system runs on the same loop for one tenant or ten thousand.
▸ FOUR PHASES · ONCE BOOKED · MONTHLY THEREAFTER booking + agreement → invoicing → collection → tenant operations · loop 1 Book & Agree unit selected · agreement signed deposit · rent free · escalation locked 2 Bill monthly · escalation-aware rent · CAM · meter · revenue share 3 Collect cheque · NEFT · UPI · PDC daily reconciliation · auto-allocation 4 Operate queries · SLA · fit-out · exit tenant portal · case mgmt · brokerage ▸ EVERY MONTH · BILL → COLLECT · OPS RUN CONTINUOUSLY
§ 02
The pillars
Four deep-dives · 209 functions

Booking. Invoicing.
Collection. Operations.

Each pillar is one phase of the cycle. The first pillar is the one-time setup per tenant — the agreement that drives everything afterwards. The middle two — invoicing and collection — are the operational metabolism. The fourth is the tenant relationship layer that runs alongside.
Pillar · 01 · Booking & Agreement

The agreement is the master document.

One booking creates the master record — unit, tenant, agreement period, base rent, escalation clause, security deposit, rent-free period, lock-in period. Everything that happens for the next 9 years references this single record. Amendment carries audit trail. Renewal extends with new escalation. Exit triggers deposit refund. Hand-over closes the loop.

Booking · Amendment · RenewalTenant master · per-unit · agreement-driven
Security Deposit StatusHeld · adjusted · refunded · ageing-tracked
Rent Free PeriodConfigurable · escalation-suspended · auto-end
Agreement ReconciliationLive agreement vs system master · variance flagged
BOOKING · TENANT B-1204 · MARK CO PVT LTD Unit B-1204 · 4,200 sqft · office Tower B · floor 12 · Andheri East Agreement 9 yrs · 3+3+3 · lock-in 36 mo Effective 01 Apr 2025 · expires 31 Mar 2034 ACTIVE ✓ KEY TERMS · LOCKED BASE RENT ₹ 4.62 L /month ESCALATION 15% every 3 yr DEPOSIT ₹ 27.7 L 6 mo RENT FREE 2 mo fit-out 9-YEAR TIMELINE · ESCALATION POINTS Y1 now Y3 +15% ₹ 5.31 L Y6 +15% ₹ 6.11 L Y9 expiry ▸ AGREEMENT RECONCILIATION System matches signed agreement all 14 clauses verified · variance: zero ▸ INVOICING NEXT · MONTHLY CYCLE
Pillar · 02 · Invoicing

Bills land on the 1st of every month.

Base rent is the simple part. Real bills include CAM (common area maintenance), property tax pass-through, metered electricity, metered water, parking, signage, mall revenue share, late payment fees from last month. The Invoicing engine runs Bill Generation Query the night before billing day, applies the right escalation if a clause anniversary fell during the period, generates Credit Notes for adjustments. Reminders and LPF go out automatically as days roll past due dates.

Bill Generation · ChargesRent + CAM + tax + meter + revenue share + parking
Metered BillingElectricity · water · meter readings · per-unit
Mall Revenue Share% of monthly turnover · POS-integrated
Reminders & LPFAuto-trigger by bucket · Late Payment Fee per slab
INVOICE · APRIL · TENANT B-1204 INV-2026-04-1204 · Mark Co Pvt Ltd period 01 Apr - 30 Apr · due 15 Apr CHARGES · MULTI-COMPONENT Base rent 4,200 sqft ₹ 4.62 L CAM · ₹ 12 / sqft building op cost ₹ 50.4 K Electricity · metered 2,840 kWh ₹ 22.7 K Property tax · pass-through monthly accrual ₹ 18.4 K + LPF · Mar bill 4 days late slab 2 ₹ 4.8 K Subtotal · before GST ₹ 5.59 L GST · 18% + ₹ 1.01 L Total payable due 15 Apr · payment link sent ₹ 6.60 L REVENUE HEAD-WISE · POSTED TO LEDGER Rent · CAM · electricity · tax pass-through · LPF · GST ▸ COLLECTION NEXT · MULTI-CHANNEL
Pillar · 03 · Collection & PDC

Money lands on any rail. We reconcile every one.

Tenants pay how they want. Some send a courier with cheques. Some hand over PDCs for the next 12 months on day one. Some click the payment link. Some do an NEFT transfer. Some pay UPI. The Collection module ingests all of them, allocates against the right invoice (or holds in On-Account if it doesn't match), tracks every PDC's deposit cycle, and reconciles the bank statement daily. Receipt Reversal is one click for bounced cheques.

Receipt · multi-instrumentCheque · NEFT · UPI · payment link · cash
PDC Register · cycle-tracked12 PDCs at booking · auto-deposit on schedule
Daily ReconciliationBank statement vs receipts · auto-match
On-AC Adjustment · ReversalUnallocated parking · bounced cheque handling
COLLECTION · APRIL · MTD COLLECTED ₹ 4.84 Cr PDC ON DECK 328 OVERDUE ₹ 18.4 L CHANNEL MIX · APRIL PDC 43% NEFT 27% UPI 19% link 11% RECENT RECEIPTS Mark Co · INV-04-1204 PDC dep 14 Apr ₹ 6.60 L ✓ Cafe Mocha · INV-04-G12 UPI 12 Apr ₹ 1.84 L ✓ Reliance Trends · INV-04-MK unalloc 14 Apr ON-AC Sushi One · INV-03-G24 PDC bounced REVERSED PDC PIPELINE · NEXT 7 DAYS 42 PDCs scheduled · auto-deposit ₹ 2.84 Cr · spread across 8 banking dates ▸ DAILY RECON · BANK vs RECEIPT · 99.4% MATCHED ▸ TENANT OPS NEXT · QUERIES · SLA · BROKERAGE
Pillar · 04 · Tenant Operations

The relationship that runs alongside the money.

Tenants don't just pay — they live or work in the asset. They raise queries (AC not cooling, lift outage, water leak). They request fit-out approvals before opening. They need the right SLA on building services. They sometimes pay late and need reminders. They sometimes need a credit rating override. They eventually exit — and the deposit needs refunding cleanly. Tenant Portal lets them self-serve all of this. Case Management routes everything internally with audit trail.

Customer Query · Case MgmtRouted · SLA-tracked · escalation matrix
Tenant PortalSelf-service · invoices · payments · queries
Fit-out approvalsDrawing review · MEP master · permit-issued
Brokerage · Credit RatingChannel partner commissions · tenant credit history
TENANT OPS · APRIL · MTD QUERIES 142 SLA MET 94% FIT-OUTS 8 active OPEN QUERIES · PRIORITY-RANKED B-1204 · AC zone 3 2 hr open P1 G12 · pantry leak 6 hr open P2 MK-2 · keycard reissue 1 day open P3 FIT-OUT · IN REVIEW Cafe Mocha · G12 · MEP submitted drawings reviewed · permit pending · 4 days to open TENANT PORTAL · SELF-SERVICE PORTAL USE 68% tenants QUERIES VIA 82 portal PAYMENTS 312 via link ▸ BROKERAGE · CREDIT RATING · ESCALATION REPORT channel partner payouts · tenant history · Y3/Y6 alerts
§ 03
The stack
One module · part of a four-module stack

Property Management is
the engine. Not the whole car.

Property Management owns the rent-collecting engine. The full Leasing operation needs three more modules — Financials for the GL and tax, HRMS for the on-property team, and P2P (the procurement portion of Materials, no inventory) for facility expenses. Together, that's the Leasing vertical.
▸ The leasing operations stack

Property Management + three more modules
= the Leasing vertical.

You can deploy Property Management on its own — and many real-estate operators do, plugging it into an existing GL. But for full leasing operations, the stack also includes Financials (revenue recognition, GST, audit), HRMS (the on-property team), and P2P (operating expenses for facility maintenance, security, cleaning).

§ 04
Outcome
Why this is worth deploying

Tenants in. Bills out.
Cash on time.

Manual rent collection at scale breaks down. Spreadsheet-managed PDC schedules cause bounced cheque scrambles. Email-based tenant queries miss SLA. Property Management replaces all of that — and gives you visibility you didn't have before.
▸ The case for Property Management

From manual reconciliation
to monthly cash on time.

99% Daily reconciliation accuracy · bank vs receipts
28M+ sqft Under management · across 120+ GCC operators
9year Agreement timeline tracked · escalation alerts auto
§ 05
Related
The stack · the verticals · the integrations

Where to go next.

Property Management combines with Financials, HRMS, and P2P to create the Leasing vertical. It's also relevant to CAFM operators (who handle the property after handover) and Real Estate developers (who use parts of it for revenue recognition on lease-rented assets).
We had three accountants tracking PDCs in a master Excel. Every month, two of them spent the first week chasing what bounced. Now the system runs the cycle, deposits PDCs on date, flags bounces the same morning. One accountant. Fewer surprises. And the CFO sees collection ageing at 9am every day.
— Director of Finance · Indian developer · 4M sqft commercial · 220 tenants
▸ Downloads

Take Property Management off the screen.

The 4-pager module handout in both India and GCC editions. Share with your evaluation team, leave behind after a demo, or use as the brief that informs the deeper conversation.

Next step

See Property Management
on a live tenant.

30 minutes. We'll walk one tenant through the full cycle — booking with security deposit and rent-free, monthly invoicing with CAM and metered electricity, PDC deposit, daily reconciliation, query handling, fit-out approval. Bring your master tenant list if you want — we'll show you what the migration looks like.