Corporate Residential Management (CRM), the UK’s leading independent student accommodation company, has awarded Hexagon Software a major contract to deploy the Dream financial management system. This new software solution will integrate with TCAS Online, the market leading student accommodation management system, to streamline workflow processes across the organisation including room booking, tenancy generation and management, property management, financial collection and arrears management.
“After a thorough investigation of the market, we selected the Dream financial management system as it catered for all areas of the business, including our own office accounting requirements, with the flexibility and scalability to accommodate our planned growth strategy,” commented Alan Coles, Finance Director at CRM. “As one of the leading suppliers of financial management software to the student accommodation sector, Hexagon Software has the financial expertise and a proven track record in similar environments.”
As well as offering comprehensive accounting functionality, Dream features a web portal with an easy to read dashboard giving an instant view of the business and access to a comprehensive range of reports. It also provides web-based invoice authorisation functionality with email alerts automatically generated to designated users who can logon to approve as required.
“Dream provides us with a powerful reporting solution that generates high levels of data in the format and has the flexibility to rapidly produce customised reports to meet the different requirements of individual landlords at the press of a button. It will enable us to deliver even higher levels of customer service,” concluded Alan Coles.
CRM is also deploying LandMark, Hexagon’s market leading property management software solution. This will be used to enhance the management of other types of properties, including buy-to-let, on behalf of private and commercial landlords.
Hexagon Cloud is a new hosted platform for financial and property management solutions
Hexagon Software has announced the launch of Hexagon Cloud, a new hosted platform that extends access to its market-leading property management and financial accounting software. Hexagon Cloud will enable users to review or update information from core ‘back-office’ systems, such as approving invoices, entering account transactions or viewing property information from any internet-enabled location on any device.
“Hexagon Cloud will enable organisations to achieve administrative efficiencies and increase productivity whilst significantly reducing the total cost of ownership,” commented Hexagon Software. “Devolving Dream functionality to a hosted application will allow more users to access the system from any location using any internet-enabled mobile device to enhance decision-making, streamline accounting processes and help organisations to be more agile and responsive.”
Hexagon Cloud is a native cloud application that uses a microservice-based architecture to allow updates and new features to be seamlessly introduced to all customers as soon as they are released. It runs on a clustered container infrastructure providing elastic scalability and resilience enabling new customer environments to be created in minutes. OAuth authentication provides secure access to the application using existing Office365 or other social media credentials.
“With no upfront expenditure and low monthly costs per user, Hexagon Cloud delivers greater, more cost-effective access to business intelligence and workflows to strengthen organisational performance whilst eliminating the technicalities surrounding operating system, device or browser compatibility. Hexagon Cloud will also provide a platform for the next generation of LandMark, our market-leading property management software solution, and differentiates us from competitors with older, monolithic applications that require major upgrade projects to take advantage of new functionality,” added Hexagon.Read More
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