March Product Update 🚀
Hey there,
We are excited to announce our latest product releases which include several new features that will make managing your property portfolio even easier.
Let's dive in - we hope you find them useful!
NEW PRODUCT INTRODUCTION
✨REPORT BUILDER✨
New feature announcements
Report Builder
The Re-Leased Report Builder is a powerful new reporting tool which empowers you to create, edit, save and download customised tabular view reports of your data. This tool allows you to tailor your reports to meet your and your stakeholders’ preferences, from column ordering to the amount of data presented.
With minimal effort, you can generate customized reports using sample report templates, including Tenancy Schedule, Property List and Tenant List, that can be formatted to suit your business needs, giving you quick and easy access to the information you need when you need it.
In the coming weeks, we will continue to expand the range of data that is available to be reported on, and extend the ability to create more enriched reports with customized summaries.
Find out more about the new Report Builder in our Knowledge Base.
✨PROPERTY MANAGEMENT✨
New feature
Lease Renewal Options is LIVE
Never miss a time frame to renew your leases again with our new Lease Renewal Options functionality. This extension to our lease management capability will help keep your leasing process on track while seamlessly integrating reminders and critical dates into your existing workflows.
You can find useful step-by-step guides on setting it up here, and on reporting here.
improvements
New fields available in Tenancies and Properties
We've introduced two new fields in the Tenancies and Properties area to enhance your ability to analyze your portfolio.
The Tenant Industry field is a new feature at the Tenancy/Lease level, which includes a pre-filled list of industries generated from widely accepted global SIC codes.
These fields will soon be integrated into dashboard views, enabling you to get an overall view of your exposure and weighting by Tenant industry and your Portfolio EPC position. This feature will provide you with valuable insights to better manage your portfolio.
improvements
Clearer terminology in maintenance work
We have improved the way you organize maintenance jobs and tasks in Re-Leased by introducing clearer terminology to distinguish between different levels of maintenance work.
A Maintenance job represents a larger maintenance item, such as cleaning gutters, that may contain one or more smaller tasks.
For example, a property manager can set up a new maintenance job for cleaning gutters, and then add one or more recurring or one-off tasks under that main job. This feature is particularly useful if they need to work with multiple contractors to complete the job.
✨BUDGETS✨
New feature
Budgets supporting multi-area tenancies is LIVE
All customers now have access to the recent Budget by Area updates that support multi-area tenancies, which were previously in beta testing.
This update now comes with a number of exciting new capabilities; a useful on-page budget guide (1) to help remove any workarounds that may have been in place, improved performance for displaying income line items (2), and budget income reporting that reflects all allocated income without requiring a budget reconciliation. All functionality is available through the new Income to Area tab.
Budget certificates can now be directly emailed to your Re-Leased contacts
Customers will no longer need to download large amounts of budget certificates, extract their required contents and create individual emails to send each attachment.
We are pleased to announce the ability to bulk email both Owner and Tenant budget certificates directly to your Re-Leased contacts from the system.
More information on how to get started with bulk emailing budget certificates in the Knowledge Base.
✨TRUST/CLIENT ACCOUNTING✨
beta testing
Join our upcoming Trust/Client Accounting BETA group!
We're excited to announce that we're currently in the beta testing phase for two of our latest Trust/Client Accounting features, and we'd love for you to be a part of it.
Currently recruiting for:
1. Disbursement Correspondence beta
2. Trust Accounting List beta
If you're interested in testing either of these new features and joining our Trust/Client Accounting beta group, please reach out to Grace Twigg at grace.twigg@re-leased.com
Disbursement Correspondence
BETA group testers can now try the new disbursement correspondence options when emailing out owner statements:
- Separate email per owner
The owner will receive a separate email for each of their owner statements/ledgers (this is the pre-existing behavior) - Combined email per owner
The owner will receive one email for all of their statements/ledgers and the statements are combined in a single PDF attached to the email.
Trust Accounting List
Customers managing multiple trust/client accounts can now have a high-level view of all their bank accounts. From here they can search, sort and drill into details of their bank accounts from this new page.
Join our Trust/Client Accounting beta testing group today to be the first to experience new features and provide valuable feedback that will help shape the final product, please reach out to Grace Twigg at grace.twigg@re-leased.com
✨RE-LEASE PAY✨
New feature
Re-Lease Pay Status
To enhance the visibility of a tenant's recurring payment status and payment method, we're introducing a Re-Leased Pay Status in both Tenancy Summary and Rent and Outgoings areas in Re-Leased.
Three types of statuses can be found on the Tenancy Summary and Tenancy Rent and Outgoings pages:
1. When the tenant has successfully set up recurring payments
2. When the tenant has not set up Recurring Payments
3. When the company has not set up Re-Leased Pay
To learn more about the Re-Lease Pay Status, visit our Knowledge Base.
If you have any questions about how you can take full advantage of these new features, feel free to reach out to your customer support specialist or click the 'Contact Support' feature within the Re-Leased system. Thanks for being part of our community!
