{"id":4151,"date":"2021-10-12T20:32:11","date_gmt":"2021-10-12T15:02:11","guid":{"rendered":"https:\/\/factech.co.in\/blog\/?page_id=4151"},"modified":"2024-04-28T14:28:05","modified_gmt":"2024-04-28T08:58:05","slug":"how-dlf-ambience-ireo-jaypee-improves-billing-process-with-factech-ibill","status":"publish","type":"page","link":"https:\/\/factech.ai\/blog\/factech-customer-success-stories\/how-dlf-ambience-ireo-jaypee-improves-billing-process-with-factech-ibill\/","title":{"rendered":"How DLF, Ambience, Ireo, Jaypee improves Billing Process with Factech iBill"},"content":{"rendered":"<h1>Pains in CAM, Electricity, Rental Billing<\/h1>\n<p>Before simplifying and automating billing through Factech iBill, The key problems in customer billing for real estate players have been:<\/p>\n<ul>\n<li><span style=\"font-size: 14pt;\"><strong>Less and Late Recoveries:<\/strong> Inaccurate, manual, and late billing leads to grey areas in billing and hence<\/span><\/li>\n<li><span style=\"font-size: 14pt;\"><strong>Managing Change:\u00a0<\/strong>Change is regular. It might be due to tariff rates, government policies, teams, or pandemics like COVID-19. With a semi-manual system, it is very cumbersome to handle change<\/span><\/li>\n<li><span style=\"font-size: 14pt;\"><strong>Scale:<\/strong> With increasing costs, it&#8217;s mandated to get more work done with the same team. The system must be scalable to benefit from economies of scale.<\/span><\/li>\n<li><span style=\"font-size: 14pt;\"><strong>Working in isolation:\u00a0<\/strong>Mostly system works in isolation, and they have no communication with existing ERPs like SAP, Oracle, or Tally ERP. This leads to errors and late updates in the overall System.<\/span><\/li>\n<li><span style=\"font-size: 14pt;\"><strong>No Insights, Real-Time Reports:\u00a0<\/strong>Without an online System, Stake holders has no idea what is happening, and what actions to take to bring the best out of the effort.<\/span><\/li>\n<\/ul>\n<h1>How iBill &#8211; Recurring Billing Solution Helped<\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/a\/aa\/DLF_logo.svg\/1200px-DLF_logo.svg.png\" alt=\"DLF Billing software solution Factech\" width=\"1200\" height=\"428\" \/><\/p>\n<p>As of today, DLF is using Factech Billing Solution in more than 14 sites including commercial and luxurious projects. The Cloud-Based solution helped DLF and other clients by providing:<\/p>\n<ul>\n<li><span style=\"font-size: 14pt;\">Self-configurable unit level bill plans and tariffs<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Integrations with various tax and regulation portals and finance ERP&#8217;s<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Automatic reminders\/alerts\/notification<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Auto delayed payment charge calculation and collection<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Daily site-wise reports like collection vs invoicing, defaulters, GST, etc.<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">The ability of the system to easily apply complex lease terms like (revenue share, Minimum guarantee, RS+MG, and more)<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Single click billing of Lease, Utility (Electricity\/water\/gas)<\/span><\/li>\n<\/ul>\n<h2>How Park Centra increased their collection by more than 30 Lacs<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/factech.ai\/fronts\/images\/billing-img\/accurate-delayed-payment-charge-billing-corporate-park.png\" alt=\"Increase collection from Factech Billing Software for real estate\" width=\"2245\" height=\"1587\" \/><\/p>\n<h2>How Ireo is saving more than a lac every month<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full alignleft\" src=\"https:\/\/is1-3.housingcdn.com\/0b8ad14c\/3f7ae0ee9e29692eb84637f87aa7e328\/v0\/medium.jpg\" alt=\"Ireo Billing Solution for Residential Communities\" width=\"300\" height=\"300\" \/><\/p>\n<p>Ireo has below benefits from iBill:<\/p>\n<ul>\n<li><span style=\"font-size: 14pt;\">Save more than 200 hours monthly by automating posting to tally with iBill system<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Ireo is using more than 4 bill plans and all bills get generated in a single click without any error. It&#8217;s saving more than 300 hours monthly if their team need to generate them without a system<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">With auto payment transactions through multiple online payment gateways, more than 100 hours are saved every month.<\/span><\/li>\n<\/ul>\n<h2>How Jaypee Scaled its Billing Process<\/h2>\n<blockquote class=\"wp-embedded-content\" data-secret=\"P3nsGCNNXB\"><p><a href=\"https:\/\/factech.ai\/blog\/still-waiting-on-residents-to-pay-monthly-dues-isocietymanager-is-the-solution\/\">Still waiting on residents to pay monthly dues? iSocietyManager is the Solution<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Still waiting on residents to pay monthly dues? iSocietyManager is the Solution&#8221; &#8212; Facility Technology\" src=\"https:\/\/factech.ai\/blog\/still-waiting-on-residents-to-pay-monthly-dues-isocietymanager-is-the-solution\/embed\/#?secret=7XskFxDQJW#?secret=P3nsGCNNXB\" data-secret=\"P3nsGCNNXB\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>Key Benefits of using Factech Billing Solution<\/h2>\n<ul>\n<li><span style=\"font-size: 14pt;\"><strong>Scale<\/strong> their operations while saving costs.<\/span><\/li>\n<li><span style=\"font-size: 14pt;\"><strong>Win more business<\/strong> with Brand boost using advanced tools to automate their functions.<\/span><\/li>\n<li><span style=\"font-size: 14pt;\"><strong>Delight their customers<\/strong> while showcasing Cost Saving and Improved Effectiveness<\/span><\/li>\n<li><span style=\"font-size: 14pt;\"><strong>Offload their employees<\/strong> with insights and reports flowing automatically.<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Give <strong>power, experience, and tools<\/strong> to the young team so that they work as experts with the latest protocols in real-time across all sites.<\/span><\/li>\n<li><span style=\"font-size: 14pt;\"><strong>Enhanced Convenience to Residents <\/strong>with Mobile App \u2013Ledger, Online Payment, Bills.<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Get Insights and Prescriptions while working that is <strong>Improve Process<\/strong> with tracking of Process KPI. Centralized and site-wise dashboards will help in taking better decisions.<\/span><\/li>\n<li><span style=\"font-size: 14pt;\"><strong><em>Ready for Future<\/em><\/strong> with Advance Billing Management System.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pains in CAM, Electricity, Rental Billing Before simplifying and automating billing through Factech iBill, The key problems in customer billing for real estate players have been: Less and Late Recoveries: Inaccurate, manual, and late billing leads to grey areas in billing and hence Managing Change:\u00a0Change is regular. It might be due to tariff rates, government<\/p>\n","protected":false},"author":4,"featured_media":2592,"parent":4144,"menu_order":13,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"folder":[],"class_list":["post-4151","page","type-page","status-publish","has-post-thumbnail","hentry"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How DLF, Ambience, Ireo, Jaypee improves Billing Process with Factech iBill - Facility Technology<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/factech.ai\/blog\/\/factech-customer-success-stories\/how-dlf-ambience-ireo-jaypee-improves-billing-process-with-factech-ibill\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How DLF, Ambience, Ireo, Jaypee improves Billing Process with Factech iBill - Facility Technology\" \/>\n<meta property=\"og:description\" content=\"Pains in CAM, Electricity, Rental Billing Before simplifying and automating billing through Factech iBill, The key problems in customer billing for real estate players have been: Less and Late Recoveries: Inaccurate, manual, and late billing leads to grey areas in billing and hence Managing Change:\u00a0Change is regular. 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