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ProMart Modules

Modules of Property Life Cycle Management

Ascent Escrow ProMart© offers a comprehensive suite of property management system, where the software enables the stakeholders to automate their real estate functionalities.

Modules of Escrow ProMart©:

Escrow Management

The Escrow Management System provides account level management of all escrow accounts managed by banks. Some of the features include:

  • Hierarchical Details Management of all stakeholders like master developers, developers, projects, buildings and units
  • Graphical Project progress plan creation, monitoring and payment across stages
  • End-to-end cash flow management and statements of different escrow accounts

Property Financing Module

Property Financing System provides capability to design, create and manage different types financing arrangements with developers. The system monitors and manages all cash flows of the project financing activities of a bank.

It provides facilities for automatic or manual payment and ownership calculation and repayment management for any type of product. It has support for conventional as well as Islamic Banking products like Ijarah, Murabaha, Istisna & Musharakah. The module also provides complete interfaces to integrate the cash flows with core banking systems for banks.

Property Management

Property Management software provides a complete support system for management of properties, some of its salient features being,

  • Listing & Managing end-to-end details of properties
  • Hierarchical view of properties with all the sub-units inheriting the root unit
  • Complete Cash Flow Management with support for
    – Managing Leases & Monitoring incoming payments
    – Managing Sales Reservations, Bookings & Instalments
    – Managing Expenses & all other cash outflows
    – Hierarchical cash flow statements as per the different properties and units
  • Capital Assessment & Depreciation Management Features
  • Sales Management with support for managing leads, opportunities, targets, invoices etc.,
    tied to the property units
  • Asset Maintenance & Purchase Management
  • Integration Capability with core banking systems