Take Full Control of Your Finances with Propertese Real Estate Accounting Software
Grow your revenue and profits by eliminating manual reconciliations and financial gaps with a unified accounting software for real estate.
The Real Estate ERP, Trusted by Property Teams and Finance Leaders
Propertese is the #1 choice for Real estate companies in the US, UK, and the Middle East. Built to automate property and finance operations, all in one place.
What is the Real Cost of Disconnected Real Estate Accounting Software
Most real estate finance teams are not short on data. They are short on data that is accurate, current, and in one place.
When your property records, lease data, and accounting entries live in separate tools, your team ends up reconciling them by hand every month. One mismatched figure in one property travels through to your consolidated report before anyone catches it.
Real Estate ERP Built for Property Management Operations and Financials for Every Business Size and Markets
Managing property finances across multiple entities, leases, and locations should not require multiple systems. Propertese handles every financial function, from individual lease charges to consolidated group financials, all on one platform, from one set of data.
Revenue Recognition
Propertese native Revenue Recognition engine works under NetSuite and simplifies revenue recognition for real estate by handling the calculations that most finance teams manage manually in spreadsheets. It covers straight-line rent and deferred income across your entire portfolio, so your books accurately reflect the economics of each lease at any point in time.
- Straight-line rent calculated across the full lease term
- Deferred income schedules tied to lease start and end dates
- Tenant improvement allowance amortization
- Revenue posted directly to the GL with no manual journal entries required
Rent Roll Management
With Propertese, your rent roll is always current. The system maintains a real-time rent roll across every unit, lease, and charge in your portfolio, so your finance team always has an accurate, export-ready view for lenders, investors, and board reporting without having to manually compile it each time.
- Real-time rent roll with occupancy, lease dates, and monthly charges
- Escalation schedules with automatic charge adjustments
- Vacancy and expiry forecasting
- Export-ready for lenders, investors, and board reporting
CAM Reconciliation
Propertese handles CAM tracking and reconciliation from start to finish. It tracks expenses by property, calculates each tenant's share based on leased square footage, and generates year-end reconciliation statements with a full audit trail, reducing the disputes that come from unclear or manually produced CAM calculations.
- CAM pool setup by property and expense category
- Tenant proration based on leased square footage
- Annual reconciliation workflow with tenant statement generation
- CAM cap tracking to catch overcharge risk early
Portfolio P&L
Propertese produces property-level, fund-level, and consolidated group P&L reports from the same underlying data. This is what real estate financial software should do; your finance team no longer needs to build a separate spreadsheet to roll up numbers across entities, and the board no longer has to wait until the spreadsheet is ready.
- Property-level income statements with NOI calculation
- Fund or entity-level rollup with inter-company eliminations
- Budget vs. actual variance reporting by asset
- Drill down from consolidated group view to individual transaction
Accounts Payable and Receivable
Propertese keeps every AP and AR transaction linked to its context. Vendor invoices code to the right property, tenant payments match to the right lease, and aging reports give your team a clear view of what is outstanding across the entire portfolio without switching between systems.
- Lease-linked AR with automated charge generation and payment matching
- Vendor invoice coding by property, unit, and expense type
- Aging reports by tenant and by vendor
- Automated payment reminders and late fee calculation
Bank Reconciliation and Cash Management
Propertese matches bank transactions against posted records automatically. Your team reviews exceptions rather than going through every line item by hand. Escrow accounts, security deposits, and trust accounting are managed within the same system, which brings the close cycle down and reduces errors.
- Automated bank feed matching against posted transactions
- Escrow and security deposit tracking by tenant
- Multi-account cash position dashboard
- Trust accounting compliance support
A Complete Financial and Accounting
Suite, Without any Complexity
Propertese covers every financial function across your portfolio from a single platform. Because every feature runs on the same
operational data, there is nothing to sync, nothing to export, and no risk of figures that don't match.
General Ledger
Set up your general ledger around how your portfolio is structured — by property, entity, or fund.
- Every transaction posts in real time across all reports
- No manual duplication or end-of-day sync required
- Full visibility from the moment an entry is made
Propertese Brings AI
Into Real Estate Finance
Propertese has AI built into the financial management workflow to reduce the manual work your team does every day.
Find any transaction, lease, or report across your portfolio in seconds
Propertese's AI-powered global search lets your finance team find any record across the entire system by describing what they need in plain language. Whether it is a specific invoice, a lease record, a payment history, or a financial report, the search surfaces the right result immediately without requiring the user to know which module to look in.
Real Estate accounting software for Every Real Estate Market
Whether you manage a single asset class or a mixed portfolio, Propertese is built to handle the financial complexity that comes with it.
Residential
Manage rent rolls and lease financials across apartment buildings, housing communities, and mixed-use residential developments with full accuracy and no manual reconciliation.
Commercial
Handle complex lease structures, NNN calculations, and multi-tenant billing across office buildings, retail centers, and industrial properties from one financial system.
Affordable Housing
Track subsidies accurately, stay compliant with funding requirements, and keep audit-ready financial records for government-regulated portfolios.
Community Association
Track dues, manage reserve funds, and produce clear financial reports for HOA boards and homeowners without workarounds or custom configurations.
Coworking and Flexible Space
Manage variable billing, short-term agreements, and shared service charges while keeping your financial records accurate and current.
The Real Estate Companies Winning with Propertese
See how Propertese helps leading real estate companies and property managers consolidate their business operations.
Complex Lease Management Simplified
Across multiple subsidiaries & regions
Ops Centralization & Scalability
Tenancy & real estate management unified
What Our Clients Say
Real words from the real estate businesses that use Propertese every day.
"We extend our sincere thanks to the entire Folio3 team for the successful implementation of Oracle NetSuite. Their persistent support, coordination & problem-solving throughout the project was exceptional. Their dedication & willingness to go the extra mile made a significant difference"
Faiza Munir, Account Manager
Orville Real Estate
"We are extremely happy that we engaged Propertese to assist us in our ERP implementation project. The entire implementation journey went very smoothly without any issues. Propertese did an excellent job implementing the ERP & Real Estate solution."
Hamad Suhail Khyeili, Founder
HSK Real Estate UAE
"The Propertese team was exceptional in setting up our system and NetSuite integration. They led the communication effectively, demonstrated the software thoroughly, and resolved every customization during implementation. The level of support was outstanding."
Spencer Workman, CFO
OneHealth Companies
"Our experience with the Propertese team during the integration was outstanding. The team quickly understood our business needs and configured the system to support our operations. They were responsive to enhancement requests, professional throughout the project, and delivered with impressive turnaround times."
Robert Tobben, Controller
Eckelkamp Construction, Inc.
People Also Ask
Yes. Propertese is a full real estate ERP covering financial management, property operations, and reporting in one system. It replaces the combination of a standalone property management tool, a separate accounting system, and spreadsheets.