Best ERP Software for Real Estate in India 2024

Why ERP Software for Real Estate?

• Centralize business operations for more efficient management.
• Access your business remotely through cloud-based technologies.
• Automate routine tasks like meeting scheduling and record management.
• Simplify management of rental properties, hotels, and property portfolios.
• Improve tracking of financials, sales, and project status.
• Make better decisions with real-time data and insights.
• Integrate with CRM for enhanced client management.

Benefits of Real Estate ERP Software

• Automated Property Management: Real estate ERP simplifies routine tasks such as lease management, tenant communications, and property maintenance.
• Financial Reporting: Provides accurate, up-to-date financial reports, helping you monitor cash flow and profitability.
• Data Insights: Access in-depth insights on your supply chain, project overviews, and marketing performance for quicker and more informed decisions.
• Forecasting and Planning: Assists in predicting market trends and planning future projects, ensuring better resource allocation.

8 Best ERP Software for Real Estate in India 2024

1. Buildium

   Rating: 4.4/5
   Buildium is comprehensive property management software designed to streamline operations and enhance productivity. With Buildium, you can manage every aspect of property management, from accounting to maintenance, in one place. 
   Key Features
   • Property Accounting: Buildium allows you to handle all financial aspects of your properties efficiently for accurate accounting.
   • Collect Rent Online: The platform offers a secure online payment system that speeds up the rent collection process.
   • Maintenance Requests: Manage work orders and maintenance tasks and address issues promptly.
   • Resident Center: Get a dedicated portal to collect documents and other information from your residents and deliver an exceptional tenant experience.
    

2. Oracle Netsuite

   Rating: 4/5
   Next on our list of best ERP software for real estate is Oracle NetSuite, an AI-powered cloud ERP solution with an integrated suite of applications to manage your financial, operational, and logistical processes. 
   Key Features
   • Integrated Business Management: NetSuite offers a unified platform for managing accounting, inventory, order processing, production, supply chain, and warehouse operations, all in one place.
   • Real-time Data Access: The system provides real-time visibility into financial, operational, and transactional data, with customizable dashboards and reports for detailed insights.
   • Global Scalability: NetSuite supports multiple subsidiaries, business units, and legal entities, and it can handle over 27 languages and 190 currencies.
   To optimize your Facebook marketing efforts and generate more leads, explore our blog, A Detailed Guide to Facebook Ad Targeting for Real Estate Marketing
    

3. Brokermint

   Rating: 4.8/5
   Brokermint's comprehensive, centralized dashboard simplifies the management of back-office tasks for real estate brokers. It streamlines commission calculations, accounting, agent management, and reporting, enabling brokers to focus on growth and efficiency. 
   Key Features
   • Commission Automation: Easily configure multiple commission plans, including splits, fees, and sliding scales.
   • Accounting: Manage agent billing and process next-day ACH payments—access detailed charts of accounts, agent ledgers, and transaction records.
   • Agent Management: Onboard new agents smoothly and track their progress toward goals with intuitive management tools.
   • Reporting and Analytics: Utilize real-time data with customizable filters and reports. Drill down into specifics to gain deeper insights into performance.
    

4. ERPNext

   Rating: 4.6/5
   For those looking for an affordable solution, ERPNext stands out amongst the best ERP software for real estate as it offers both open-source and paid versions.  It integrates various business functions into a single platform, including order management, HR and payroll, manufacturing, and CRM, allowing organizations to streamline operations and enhance efficiency.
   Key Features
   • Order Management: Efficiently handle sales and purchase cycles, from managing orders to tracking inventory, boosting productivity while reducing costs.
   • HR and Payroll: You can manage the entire employee lifecycle, including onboarding, payroll processing, attendance tracking, expense claims, asset management, and separation.
   • Manufacturing: Maintain and manage multi-level bills of materials, production planning, job cards, and inventory with precision.
   • CRM: Optimize sales processes by tracking leads and opportunities and sending quotes on the go, helping to win and retain more customers.
    

5. AlignBooks

   Rating: 4.2/5
   AlignBooks focuses more on accounting and combines various functions, including bookkeeping, sales, inventory, CRM, payroll, and production. It offers easy online access and excellent security to increase productivity and control over business activities.
   Key Features
   • Comprehensive Modules: Includes bookkeeping, purchasing, billing, sales, invoicing, inventory management, asset tracking, CRM, payroll integration, and production.
   • Integration Capabilities: AlignBooks connects orders, sales, and accounting with multi-currency and multi-language support, along with email and SMS notifications.
   • Security and Backup: Ensure top-notch security with real-time data saving and regular automatic backups to protect critical information.
    

6. Vyapar

   Rating: 4.4/5
   Vyapar is an excellent ERP software for real estate in India, specifically designed to emphasize your business's financial and accounting aspects. Trusted by over one crore SMEs, Vyapar streamlines billing, inventory management, and accounting processes, ensuring compliance with GST laws while enhancing business efficiency.
   Key Features
   • GST Billing and Invoicing: Easily create and share professional GST-compliant bills, adhering to Indian tax regulations.
   • Inventory Management: Seamlessly manage inventory with advanced tracking features, optimize inventory space, and make informed decisions.
   • Payment Reminders: Send automatic reminders to customers via WhatsApp and email to ensure timely payments and help maintain a healthy cash flow.
    

7. Astral ERP

   Rating: 4.3/5
   Designed specifically for the construction and real estate industry, Astral real estate ERP streamlines inventory management across multiple sites from a central head office. This robust software enables real-time tracking of equipment, materials, and consumables, improving accountability and reducing manual errors. 
   Key Features
   • Real-Time Inventory Tracking: Manage and monitor site inventory from the head office, including stock issuance and fuel usage, ensuring accurate, up-to-date data.
   • Site Management: Conduct site inspections and track activities like purchase orders, approvals, and stock updates directly on smartphones or tablets.
   • Centralized Project Management: Oversee project performance with alerts, dashboards, and analytics, ensuring adherence to timelines, costs, and quality standards.
   • Offline Synchronization: Operate efficiently in areas with poor internet connectivity, with data automatically synced to the centralized server once the connection is restored.
   A good real estate ERP solution can help to optimize your business process. But what about managing your marketing efforts and nurturing leads? Here, we would like to recommend a CRM solution that is specifically designed for the real estate professionals.
    

Meet Sell.Do, India’s Best CRM for Real Estate Industry!

• Real-time Inventory Report: You can access up-to-date reports on available inventory and equipment, ensuring informed decision-making.
• Cost Sheet Management: Get customized reports on cost sheets at every project level, including agreement and outside charges.
• Sales Performance: View in-depth visual sales reports with detailed charts and graphics for data-driven strategy adjustments.
• Automated Lead Capture: Streamlines lead capture and management, converting website visitors into qualified leads faster.
• Omnichannel Communication: Integrates cloud telephony, click-to-call, and intelligent call routing to enhance lead engagement.

To Sum It Up