ST Comp Holdings
ST Comp Holdings
ERP
Shopping Mall · ERP

Bill every tenant correctly, on the first of the month.

Leases, meters, service charge and the maintenance programme in one system — so billing runs from what actually happened in the centre rather than from a spreadsheet somebody maintains.

See the closePick your industry
Recovery by tenantCurrent period · Live
TenantUnitStatusRecoveryNext action
Anchor department storeL1-01Billed100%Nothing due
Food court operatorL4-12Under71%Meter re-read raised
CinemaL5-01Billed100%Turnover cert due
Fashion, 14 unitsL2Billed99%Nothing due
Kiosks, 22 unitsL1 mallWatch88%Licence renewals
Office towerT1Counting—Read scheduled

The close finishes on the fourth.

Not because anyone works faster, but because the postings happen as the work happens instead of being assembled from paper in the first week of the following month.

0working days, on a twelve-day month-end
  1. Day 01

    Cut-off, all stores counted

    Every location closes its own count. No store waits on another.

  2. Day 02

    Goods received not invoiced matched

    Receipts without invoices are found and accrued, not discovered in March.

  3. Day 03

    Accruals and prepayments posted

    Standing entries post themselves against the schedule they were set on.

  4. Day 04

    Departmental P&Ls issued

    Every head of department gets their own numbers the same morning.

Day 05Review, then nothing.·Days 06 to 12 stop being month-end at all.

On this system4 days
Assembling it by hand12 days

Both runs are drawn on the same twelve days, so the gap between them is the thing you get back — eight working days a month, every month.

What shopping mall operations actually run.

Tenant billing, service charge, utilities recharge and the contractors who keep the place open.

  1. 01

    Lease and tenancy ledger

    Every unit, term, rent step, turnover clause and renewal date held once, with the billing that falls out of it raised automatically.

  2. 02

    Turnover rent

    Tenant sales captured monthly and the percentage clause applied without anyone re-reading the lease.

  3. 03

    Service charge apportionment

    The budget split by lettable area, reconciled at year end, and shown to a tenant line by line when they ask.

  4. 04

    Utilities recharge

    Chilled water, electricity and gas billed from actual sub-meter reads instead of a flat rate that under-recovers.

  5. 05

    Planned maintenance

    Lifts, escalators, chillers, fire systems and their statutory inspections scheduled with the contractor and the certificate attached.

  6. 06

    Capital programme

    Asset enhancement and replacement projects tracked against budget, commitment and spend to date.

How the numbers get there.

Four steps, each of them a posting rather than a report someone writes afterwards.

  1. 01

    Hold the lease once

    Term, rent steps, turnover clause and recovery basis are entered when the lease is signed and never re-keyed.

  2. 02

    Read the meters

    Sub-meter reads land in the system, so a recharge is a calculation rather than an argument.

  3. 03

    Raise the billing

    Rent, service charge, utilities and promotion fund go out on one statement per tenant, on schedule.

  4. 04

    Reconcile at year end

    Actual service charge against budget, apportioned and evidenced, ready for the tenant who asks to see it.

manual tenant invoices
0

manual tenant invoices

utilities recovered, from metered reads
98%

utilities recovered, from metered reads

statement per tenant per month
1

statement per tenant per month

Targets the system is built to hit, not results measured at a named client.

The same ERP, built for the other five.

Each build has its own stores, cost model and compliance surface. Move between them here.

The rest of the platform, for shopping mall.

Three products on one data model and one vertical taxonomy. The industry you picked here is the industry you get there.

CRMEvery enquiry answered in seconds and written to a customer record.CRM for Shopping Mall
SRMSuppliers scored, certificates current, POs and invoices matched.SRM for Shopping Mall

Shopping Mall ERP, answered.

The questions this industry asks before anyone signs anything.

Yes. Tenant sales are captured each month and the percentage clause in that lease is applied automatically, including caps, floors and any exclusions the lease specifies.

See it running on shopping mall numbers.

Tell us how stock, purchasing and month-end work for you today. We will show you the build that fits, with your own operation in front of you.

Talk it throughStart a project