In4velocity Systems, India's leading real estate and property development software firm, In4Suite RE is said to the country's only integrated end-to-end solution for real estate and property development firms. The company provides end-to-end process automation, management and benchmarking software for the real estate and property development industry.
'In4Suite is built grounds up, and is a completely Web-based application that is far superior to a traditional ERP system available from branded players in the market. As the name suggests, the In4Suite (Information-Suite) platform consists of several integrated modules that provide a 360-degree real-time view of the business, leveraging dashboards and intelligent drill-down tools," says Rahul Chawla, CEO, In4Velocity Systems.
So what's unique about In4Suite RE? Unlike the traditional ERP software, where it is all about reporting data, In4Suite RE enables data analytics and data mining. "Through In4Suite RE, one can automate the business processes - right from land acquisition to engineering, from purchase to sales, and from rental to property management," he adds.
"It ensures smooth flow of information, which is critical for the developer to execute projects on time, effectively manage materials and run the business in a cost-effective manner," says Chawla.
Key features of the In4Suite RE application include milestone-based project planning, online integration with major accounting systems, reporting and analysis, integrated knowledge management application, online certification and generation of bills, material and inventory management, integrated construction management, etc. It incorporates interactive messaging through its unique In4Messenger service, he adds.
The concept of developing an exclusive ERP application for the real estate sector was conceived in 2003, when a developer friend discussed the failure of other ERP solutions he had been using to suit his needs. This is when we thought of developing In4Suite RE, says Chawla.
The product was launched in 2004, and presently the company has 40 customers in India. It has recently closed a deal with a real estate company in Dubai. "In three years, we have 10,000 users using our product," he says.
