Frappe Technologies

Middle East

One Square Meter
One Square Meter (SQM) – Elevating real estate and property management operations using ERPNext

About

One Square Meter

One Square Meter (SQM) is a leading, specialised Saudi real estate enterprise headquartered in Jeddah. The company delivers a comprehensive suite of property management and real estate development solutions, encompassing premium property marketing, rigorous maintenance tracking, lease management, and detailed investment return analysis for owners and investors.

Apps implemented

ERPNext
Drive

Industry

Real Estate

Help people to use our tools

We believe our tools like ERPNext can help organizations reduce waste and complexity. Frappe + ERPNext has the potential to be a “full stack” replacement for not only ERP (SAP/Oracle) but also the entire enterprise stack (Java/.NET). With this scope, we should help organizations by providing products and services to help them manage their technology platforms.

Why ERPNext over SAP B1 / Oracle

100% FOSS

Customizable

Future-ready

Challenges

  • Difficulty in tracking leased properties and managing timely lease contract renewals.
  • Absence of a precise, unified system to log financial revenues and operational expenses for each individual property.
  • Slow processing of monthly rental invoicing and delays in collecting recurring payments from tenants.
  • Limited financial visibility and difficulties in generating periodic performance reports for property owners and investors.
  • Weak internal communication and data disconnected between the sales, financial management, and maintenance teams.

Benefits

  • ERPNext provided a unified system to manage properties, leases, and tenant contracts through a seamless, user-friendly interface.
  • The platform automated collection and billing workflows, enabling efficient tracking of recurring rental payments.
  • Improved the accuracy of financial reporting and delivered real-time performance indicators for property owners and upper management.
  • Connected different operational teams, including sales, maintenance, and accounting into a single platform to boost efficiency.
  • Enabled digital tracking of recurring maintenance and automated tenant service requests electronically.
  • Empowered management to make highly accurate investment decisions based on live, verified operational data.

Impact

Successful on-time ERPNext go-live

Increased sales order to cash

Increased inventory turnover

  • Drastic reduction in lease renewal delays through automated system alerts and centralised contract tracking.
  • Faster financial closing cycles for monthly property accounts, giving real-time visibility into net profitability per asset.
  • Streamlined tenant maintenance workflows, reducing response times for repair requests and increasing tenant satisfaction.
  • Unified workforce data and automated payroll operations across the company's administrative and field teams.

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Share your story with the world

Inspire people by sharing how Frappe has positively impacted your business.

Submit a story

Share your story with the world

Inspire people by sharing how Frappe has positively impacted your business.

Submit a story