Stångåstaden
Property companies often serve many private and commercial customers, so their administrative systems must handle large transaction volumes. Specialized solutions are often needed for purchasing, maintenance and accounts payable, including automatic invoice registration. For accounting and financial monitoring, the system may need to support component depreciation of properties, VAT calculations based on taxable and exempt floor areas, and multi-stage allocation rules. Efficient integration with specialized industry systems is often required
Jeeves for property companies
Jeeves for property operations is used by companies requiring high volumes of supplier invoices, component-level depreciation and efficient project management. The solution is specifically developed for simple, efficient invoice handling, straightforward property depreciation and integration with specialized systems.
A need to automate high volumes of supplier invoices
A need for integration with specialized industry systems
A need for project management, budgeting and monitoring
A need for component depreciation of properties
A need for simple VAT calculations based on the VAT treatment of different property areas
Critical functions
Jeeves for property companies aims to support every process and workflow in a single system, while enabling fast, efficient integration with specialized property and feeder systems commonly used in the industry, if desired.
Updating different property area types, manually or from external property systems, to simplify VAT calculation based on taxable and non-taxable floor areas.
The ability to split an asset into components with different depreciation periods, simplifying component depreciation of properties.
Web-based project management with planning, budgeting and monitoring at levels such as property areas, business areas and individual properties. Budgets can be allocated to the properties within a project.
Dynamic, clickable monitoring in tabular or graphical layouts simplifies analysis.
Automatic importing of electronic invoices in different formats.
A prepared connection to an integration engine for importing and exporting data to and from specialized systems.
Web-based supplier invoice handling with workflows that automate approvals.
Automatic generation of posting proposals (preliminary vouchers) from external feeder-system data, which can be posted directly to the general ledger.
Scalable in many dimensions, making it easy to add a new company code (multicompany), new properties and more.
Posting to up to eight account dimensions to support financial monitoring of business areas, property areas, customer segments and more.
Very short downtime during upgrades, for example.
Björn Sjölin, IT Manager at Hydac
“Changing systems means you actually take the time to review your routines. We were able to take the opportunity to clean things up. It is also extremely important to speak the same language and understand each other’s terminology. Are, for example, calculated price and cost of goods sold really the same thing?”