Subsidiary management software
Entity Management Software for Property Managers, Built on Top of NetSuite
Directly map properties and portfolios to your NetSuite subsidiaries, automate all financial posting, and eliminate manual consolidation errors using the Propertese entity and subsidiary management software.
Trusted by Leading Property Companies Worldwide
Propertese Go-to choice of property people
Trusted By Property Owners Across Multiple Markets
Delivering Superior Tenant Satisfaction
Processed Through Automated Systems
The Pain You’re Dealing with Right Now
Hard to Manage Them All
Your property portfolio spans 10+ subsidiaries. Each one has its own financials, its own legal structure, its own GL codes.
Slow Manual Reconciliation
Your entity management software isn’t tightly knit with your accounting system, so your team takes hours to manually reconcile.
Proceeding with Caution
One wrong entry, and your consolidated financials are off. Your auditors are asking questions. The board meeting is in 2 days.
Your Multi-Entity Operations.
Unified Inside NetSuite.
Propertese manages properties across subsidiaries and entities directly within NetSuite, giving you consolidated reporting and entity-level control without complex workarounds.
Manage multiple entities from one place
- Automated property assignments across subsidiary structures
- Accurate inter-entity transactions and allocations
- Zero manual consolidation of multi-entity portfolios
- Streamlined reporting across all your legal entities
One ERP. One platform. Full control of your real estate business.
Handle Subsidiaries
at Scale With Propertese
There has to be a better way. Manage both real estate subsidiary operations and finance together from a single entity management platform with Propertese and NetSuite integration.
Mirror Your Entire Legal Structure
Create a digital twin of your org chart in minutes, with each company mapped to your corresponding legal entities using the Propertese platform.
- Add, delete, and update multiple companies as your business grows
- Map Propertese companies and legal entities within NetSuite
- Manage multiple companies separately from a single platform
Give Your Team the Right Access
Define users based on company assignments to ensure operational control and compliance across different legal structures using the subsidiary management software.
- Define users based on company and subsidiary assignments
- Provide user access to multiple companies and subsidiaries
- Provide flexible access permissions across your org structure
See Your Consolidated Financials
Sync data with your NetSuite or Xero accounting system automatically, including subsidiary, branch, location configurations, and GL accounts for revenue recognition.
- Map data with NetSuite subsidiary or Xero organization details
- Connect with NetSuite branch information or Xero tracking categories
- Set up GL account for automated revenue recognition
Auto-post Everything to NetSuite/Xero
Post all property management financial data to your NetSuite accounting system automatically to eliminate chances of manual entry and reporting errors.
- Post financial data to NetSuite’s or Xero’s GL
- Post data by subsidiary, property, or unit
- Integrate GL for all financial transactions
Read Our Success Stories
Adapted to UK-specific billing requirements with flexible rent adjustments, step increases, and utility tracking across commercial properties
Simplified lease management with custom applications, flexible templates, and projection capabilities across multiple properties and subsidiaries
Integrated property management solution for tenancy operations, CAM charges, and rental workflows across multiple subsidiaries
Streamlined property and facility management integrating CRM, leasing, and finance on a unified NetSuite platform
Go Live in 3 Days, Not 3 Months, with Propertese
Your timeline for efficient entity and subsidiary management:
Set Up
- Create and connect multiple companies to your legal entities
- Add users to the Propertese platform for entity management
- Define user permissions based on company assignments
Configure
- Add and update companies to the Propertese platform
- Connect with your existing NetSuite or Xero system
- Come closer to launching your Propertese platform
Launch
- Start managing multiple companies from one platform
- Update user permissions by company or subsidiary
- See your financials get consolidated in one system
Manage Multi-company Properties with the Propertese Entity and Subsidiary Management Software
Book a demo, and we’ll show you how you can handle multi-company properties of your expanding portfolio without worrying a thing about financial data fragmentation.
People Also Ask.
What does “Built on Top of NetSuite” actually mean for this entity and subsidiary management software?
It means that the Propertese entity and subsidiary management software connects directly to your NetSuite instance as a native layer, not through a separate middleware connector. Your property data and entity structure in Propertese automatically sync as subsidiaries, locations, and journal entries in NetSuite in real time.
Can I really create a “digital twin” of my legal structure?
Yes. You map your legal entities (LLCs, funds, subsidiaries) directly in the Propertese subsidiary management software, then assign properties, portfolios, and users to each one. This becomes the single source of truth that automatically drives financial posting and reporting in NetSuite.
Does this subsidiary management software replace my accounting system?
No. It enhances it. Propertese is the operational layer for property and entity management that seamlessly feeds accurate, structured financial data into your existing NetSuite or Xero accounting system.
What challenges does this entity management software solve for residential property owners?
For residential properties, it eliminates manual lease management across entities, prevents late payment tracking complications, reduces turnover rates through better coordination, simplifies revenue consolidation from multiple properties, and prevents renewal and termination confusion across subsidiary structures.
What challenges does this subsidiary management software solve for commercial property owners?
For commercial properties, it manages complex multi-year leases across legal entities, automates rent escalation calculations, simplifies Common Area Maintenance (CAM) reconciliation between entities, and streamlines preventive maintenance tracking across different subsidiaries.
Can I manage multiple companies and subsidiaries?
Yes, you can add, delete, and update one or multiple companies and subsidiaries. This allows you to manage your organizational structure as it grows and changes over time while proper liability separation is maintained.
How does user management work with companies and subsidiaries?
You can define users based on company or subsidiary assignments. Additionally, user access can be provided for multiple companies and subsidiaries when users need to work across different business entities.
What’s the difference between using Propertese and using a 3rd-party middleware connector?
Third-party middleware is an extra cost, an extra point of failure, and often requires complex mapping and maintenance. Our native integration is direct, more reliable, and maintained by our team, ensuring seamless updates and deeper synchronization between systems.
Which accounting systems do you integrate with?
We offer native, direct integrations with NetSuite and Xero. These are our primary, fully-supported accounting partners.
What accounting details can be configured in NetSuite or Xero?
You can configure accounting details in NetSuite or Xero, including subsidiary, branch, location, and GL accounts for revenue recognition. This ensures proper financial setup for each company and subsidiary and enables automated consolidation.
How is financial data posted to NetSuite or Xero?
The system posts all property management-related financial data to NetSuite’s or Xero’s GL by subsidiary, property, and unit. This provides complete financial tracking and reporting organized by your business structure and eliminates manual consolidation errors.
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