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ERP FOR CONDOMINIUM MANAGEMENT Expenses · Settlements · Collections

Centralize common expenses, settlements and collections for every condominium

TRILAY ERP+ integrates owners, tenants, coefficients, expenses, reserve funds, settlements, invoicing and collections to manage each condominium from a single platform. It distributes expenses, generates monthly settlements and provides access to the information through a self-service portal.

From the period's expenses to each unit's current account
The condominium management challenge

From scattered expenses to an integrated, transparent settlement

When expenses, coefficients, common charges, invoicing and collections are managed in separate systems, operational work increases and it becomes harder to know the real situation of each condominium.

Without integrated management

Settlements in spreadsheets

  • Expenses recorded across different tools
  • Coefficients applied manually
  • Settlements prepared in spreadsheets
  • Invoicing separate from collection
  • Owners and tenants without centralized access
With TRILAY ERP+

Integrated settlement per condominium

  • Expenses linked to each condominium
  • Coefficients applied to the distribution process
  • Integrated monthly settlements
  • Invoicing and current account up to date
  • Portal to check and pay expenses
Sector capabilities

The whole condominium administration, on a single platform

From recording expenses to collecting common charges, according to how each administration is configured.

Condominiums

Centralize each condominium's information

  • Condominiums and buildings
  • Managed units
  • Administrative information
  • Statuses and relationships
People

Relate each unit with its responsible parties

  • Owner, tenant and occupant
  • Related unit and status
  • Administrative data
  • Current account and payments
Coefficients

Distribute expenses by the defined coefficients

  • Assigned coefficient
  • Managed unit
  • Expense distribution
  • Period and settlement
Expenses

Manage ordinary and extraordinary expenses

  • Concepts and periods
  • Amounts and due dates
  • Status
  • Current account and collection
Fund

Keep the reserve fund under control

  • Concept and amount
  • Period and balance
  • Application
  • Relation to the settlement
Expenditure

Integrate purchasing, expenses and services with each settlement

  • Purchasing and expenses
  • Service procurement
  • Suppliers and accounts payable
  • Link to the condominium
Distribution

Distribute expenses among managed units

  • Period expenses
  • Configured coefficients
  • Amount per unit
  • Basis of the settlement
Settlement

Generate each condominium's monthly settlement

  • Expenses, funds and coefficients
  • Ordinary and extraordinary charges
  • Interest and total
  • Period detail
Self-service

Provide access to expenses, settlements and payments

  • Expense and debt lookup
  • Current account
  • Payments
  • Download settlements and invoices
Operational flow

From the period's expense to the charge collected

Each stage connects to the managed unit's current account, according to how each administration is configured.

1

Condominium and units

Condominium registration, managed units and responsible parties.

2

Expenses and services

Purchasing, expenses and services recorded and linked to the condominium.

3

Coefficients

Application of the defined coefficients for distribution.

4

Expense distribution

Calculation of the amount corresponding to each unit.

5

Monthly settlement

Ordinary and extraordinary charges, funds and interest.

6

Invoice and detail

Document and detail of the period's concepts.

7

Collection and self-service

Current account up to date and portal to pay.

CoefficientsCommon expensesReserve fundMonthly settlementCurrent accountSelf-service
Settlement documents

Issue the invoice together with the expense detail

Each person can receive the corresponding document and the detail of the concepts that make up the period's settlement.

01

Invoice

Document issued to each responsible party for the period.

02

Settlement detail

Concepts, expenses, funds and coefficients that make up the charge.

03

Debt and late interest

Due date, balance and interest reflected in the current account.

Integration

Integrate collections, payments and treasury

Purchasing, expenses and contracted services are recorded through the corresponding modules and linked to the condominium to include them in the settlement process.

Purchasing, Expenses & Services

With service procurement and suppliers.

Treasury and accounts payable

Supplier payments and balance control.

Invoicing and accounts receivable

Expenses and collections update balances.

Accounting and reporting

Accounting and financial information connected.

Benefits

Why administrations choose TRILAY ERP+

Centralized information and less record duplication, according to how each administration is configured.

01

Centralized information

Expenses linked to each condominium.

02

Coefficient application

Automatic distribution of the period's expenses.

03

Monthly settlements

Integrated invoicing and detail per unit.

04

Arrears control

Current account up to date and interest.

05

Self-service portal

Check and pay expenses online.

06

Integrated collections

Relation to suppliers, services and treasury.

Frequently asked questions

Frequently asked questions

What does the condominium solution manage?
It centralizes condominiums, buildings, owners, tenants and occupants, with coefficients, common expenses, reserve funds, settlements, invoicing and collections, according to how each administration is configured.
How are expenses distributed?
Once the period's expenses are recorded, TRILAY ERP+ applies the configured coefficients to calculate the amount corresponding to each managed unit.
Are the invoice and the settlement detail the same?
They are related but distinct documents. Each person can receive the corresponding document and the detail of the concepts that make up the period's settlement.
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Related features

Streamline your condominiums with an ERP for condominium management

Request a demo and we will show you how TRILAY ERP+ integrates expenses, coefficients, settlements and collections on a single platform.