siliconindia | | March 20199ERP system have elaborate accounting package, which can be used for all expense management, collection management and also bifurcation of all expenses in suitable general ledgers and headings and generate P&L or trial balance or other as neededers/visitors/complaint types, and the same can be used for creating differ-ent transaction data. DMS can also devise method of saving information in different Government Approved formats over period of time.Minutes of Meeting & Resolution of AGM management: This soft-ware is capable of generating soci-ety-specific formats, where minutes of different meeting can be generated and saved with contents and verifica-tion. The proceedings of the meetings like past meeting points can be re-viewed and comments can be placed. Communication Management: Any communication which may be of ge-neric for every member or an individ-ual member with or without required attachment can be generated & man-aged over its life cycle. This com-munication module can be used for circulation of important note/sending maintenance notices/payment re-minder or invoices and many others. Legal Compliance Calendar: It is possible to generate a calendar which will keep track of different compli-ance needs and print the compliance papers as needed in specified Govt. format and the same can be used for making respective owners aware.Financial Needs & Reconciliation of BanksERP system has elaborate accounting package, which can be used for all expense management, collection management and also bifurcation of all expenses in suitable general ledgers & headings and generate P&L or trial balance or other as needed. The accounting package can also take care of different vendor payment/automated maintenance payment and many other features. Also, the same package coupled with bank statement can be used for bank reconciliation.Security & GovernanceThe software has elaborated visitor management system which is coupled with Gate Entry system and keeps track of visitors/vehicle tracking/vehicle parking and can send a SMS alert or phone call to flat owners. Also, there is a system of maid servant/vendor management and locating them based on RF ID technology. The security surveillance cameras coupled with this software makes the life easy for security head and also can keep track of the security guards. Various use of biometric-based system has made it more secure.Customer Complaint ManagementThe Application has got capabili-ty to allow flat owners or tenants to generate detailed complaints and a work flow to lifecycle manage the complaint and resolution of the same with audit trail. In fact, this ERP software can be integrated to differ-ent service providers system for a better transparency.Future TrendsUtilization of latest technology like IoT, Blockchain, and AI have eased many areas in our life and the build-ing management can be also added in the basket. The ERP Software avail-able now can be integrated to them to provide better lifecycle to the members of society. 1. Smart Lighting: Switching off & on the lighting as required to save energy.2. Smart Security Camera: Ensuring that the Security camera captures any deviation and start recording saving spaces and also creates alert as soon as they are tampered with.3. Smart Dustbin: To take care of fill-up of dustbin using IoT and clear-ing the same using RF can create a better hygiene.4. Smart Rat Catcher: To generate alert as soon as the rat is caught or monitor the effectiveness of the rat catcher locations.5. Smart Water Meter: The societies which face huge water cut during summer season need to do rationing. Using flow sensors and IoT devices and using some cognitive logic we can plan better utilization of water.6. Smart RO Water Dispenser: To en-sure water hygiene improves and gets monitored on regular basis.7. Smart Smoke and Fire Alarm8. Smart Clean Equipment9. Smart Lock10. Smart Gate and the list can be endlessAs told in the beginning of the arti-cle, Societies are like Mini Township and as a technology provider, our job is to ensure that the management is effective.
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