Cross-border property management made easy
At a national level, property management best practice tends to be standardised. However, this is not the case once a portfolio is managed on an international, cross-border basis. Cross-border property management presents a host of challenges which we have identified and “packaged” into one simple and cost-effective solution.
The challenges of cross-border property management include:-
- Dealing with multiple languages, multiple currencies and multiple measurements
- Compliance with local and national statutory requirements
- Variations in cross-border accounting practices
- Managing multiple tax and VAT scenarios
- Different approaches to lease administration
The Trace Solutions Package Approach
- Multi-measure, multi-lingual and multi-currency capability
- Cost effective – “Switch on/Switch off” functionality country by country
- Cross-border financial and property database reporting
- Quick to implement with standard implementation services and training
- Meaningful cross-border comparative property & lease schedules
- No need for extensive consultancy and bespoke software modification.
- Standardised / Consolidated cross-border reporting
For more information, contact our sales team here.