TimeTec is thrilled to introduce the TimeTec Digital Building Ecosystem covering daily home-life and work-life activities and integrates them with various other management systems such as access control, tenant management, property accounting billing and more.
Property management is the daily oversight of residential, commercial, or industrial real estate contracted to a third-party company by the property developers or building owners. Generally, property managers take responsibility for day-to-day repairs and ongoing maintenance, security, and property upkeep.
Their primary roles are to manage routine tasks delegated to them by the owners and to preserve the value of the properties they manage while generating income.
Their scope of responsibilities generally involves the following:
• Screening potential tenants
• Drafting, signing, and renewing leases on behalf of property owners
• Collecting rent
• Maintaining properties, including landscaping
• Arranging for necessary repairs to properties
• Setting up and adhering to budgets for property maintenance
According to Mashvisor, a real estate investment analytics platform, listed the items for property management trends on technology in 2020. Among the list are tenant communication, energy conservation, security, social communities, fitness, online payment, keyless door entry, etc.
"The items look isolated. It makes property managers think they can add one by one. But if property managers have this kind of thinking, they're on the wrong footing because, in the digital era, everything has to be interconnected, all equipment and all systems have to be interdependent, joint as an ecosystem," said Teh Hon Seng, CEO of TimeTec Group. - Teh Hon Seng, Chief Executive Officer, TimeTec Group
Watch our video on YouTube to know more about
TimeTec Digital Building Ecosystem
He continued, "And, if we can achieve 'Engagement' instead of 'Communication', that's an improvement, because communication is just shallow, like saying a 'hi' to someone, but engagement is a more in-depth conversation. We adapt to the new normal fast enough after the Covid-19 attack. But do we accept defeat for the adaptation or thrive in the new normal? For example, social distancing is a submission to the new norm. But if we can enhance engagement to even adhere to the social distancing, that's an improvement."
"Property management systems are commonly scattered and isolated. Like parking, accounting, visitor management, facility booking, and access control, each activity is independent. Even if you add better technology, if there is no communication between systems, no data flow between activities, and no data analytic available, your understanding towards your tenants remains fragmental, is hard for you to establish further engagement with them. When a property manager has no full picture of the building he manages, there is no service quality, and monetization is just out of reach."
"Nowadays, short stay becoming another trend, tenant flow more rapidly, and it adds complexity to the property management."
Hence, TimeTec Digital Building Ecosystem is the solution for modern property management. By covering all the essential functionalities in one TimeTec Tenant super App, plus the integration with other main modules like cloud property accounting system, TimeTec i-Account; cloud guard patrol system, TimeTec Patrol; cloud cashless and touchless parking system, TimeTec Parking, etc. TimeTec Digital Building Ecosystem brings property management system to a new height.
TimeTec Tenant Management Features
Please contact 603 - 8070 9933 or write to info@timeteccloud.com for more information. We also welcome enquiries from new housing development projects. This is the first article of TimeTec Digital Building Ecosystem series, stay tuned on Malaysiakini for the 2/13 series next Wednesday.
About TimeTec TimeTec Group was established in 2000. Over 20 years, the Group had developed three homegrown globally recognized IT brands, FingerTec, TimeTec and i-Neighbour, for workforce management, security, smart office, smart residential and smart township solutions by unleashing the power of biometrics, cloud & edge computing, IoT and AI technologies. All these solutions connect and change the landscape of work life and home life in a larger ecosystem. Through a vast network, TimeTec Group distributes its biometric hardware products and 16 cloud applications, including IoT devices, to more than 150 countries worldwide. Visit our company websites at www.timeteccloud.com, www.fingertec.com, www.ineighbour.com, www.timetecbuilding.com.
Various renowned clients have subscribed to TimeTec various solutions including QSR Brands, Central Sugars Refinery CSR, Sunway Constructions, Mamee, Yakult, Nano Malaysia Berhad, and many more. The versatility and feasibility of TimeTec products also attract various international customers from all over the world, including Hong Kong, Dubai, Australia, Qatar, South Africa etc. that are using TimeTec as their smart digitalization tool.
The lack of technology involvement makes tenant management a non-CRM (Customer Relationship Management) process for a commercial building, which means keeping a good relationship with tenants is much less critical than fees-related activities such as collecting rental, maintenance fee, sinking fund, season parking fee, etc.
At present, most of the existing commercial building owners or property management companies neither offer mobile App to tenants for a two-way communication nor extended the service to tenants' employees for more useful activities. How to add more values to modern building management?
TimeTec Tenant/ Resident Management
"One of the predicaments of tenant management is the difficulty of getting announcements to reach every tenant and employees. For example, during a duress situation, when they need to evacuate everyone from the building immediately, including visitors, how would they do it? This is a matter of life and death. Thus, a modern tenant management system should make it a default feature for the good of everybody," said Teh Hon Seng, CEO of TimeTec Group.
TimeTec QF Master App, reading QR Code & Face Recognition for Access Control.
He stressed that today's professional tenant management system should widen its perspective. They ought to have comprehensive functionalities that allow management to improve engagement with their tenants and tenants' employees, and even with visitors visiting their building.
According to Teh Hon Seng, "The system should allow tenants to book facilities, to make payments, to report incidents, to register events, to request defect repairs, to renew car park season passes, to invite visitors, to poll for an opinion, etc.; all in one App."
He continues, "You have to incorporate IoT access control of the common area into the tenant management system, for example, turnstiles at your lobby, elevators, car parks, doors, to achieve a more secure yet convenience people flow environment. Tenants' credential using face recognition or QR code for the physical accesses can be stored in tenant mobile phone."
Since last year, TimeTec has worked together with KONE, the world's third-largest elevator manufacturer, to integrate its DX Series, which has an elevator's IoT capability, to TimeTec Digital Building Ecosystem, to mark the arrival of a new era in access control for building management. - Teh Hon Seng, Chief Executive Officer, TimeTec Group
Watch our video on YouTube to know more about
TimeTec Digital Building Ecosystem
"When building management knows how to collect and connect data from one activity flow to another, they can revamp and refine their operations, and even create new streams of revenue by integrating with our available commerce modules, i-Ad, i-Merchants and TimeTec Mart," explained Teh Hon Seng.
Contact Mr. Aiden Teh, Business Development Manager at aiden@timeteccloud.com or 010-2211150 for appointments.
About TimeTec
TimeTec Group was established in 2000. Over 20 years, the Group had developed three homegrown globally recognized IT brands, FingerTec, TimeTec and iNeighbour, for workforce management, security, smart office, smart residential and smart township solutions by unleashing of the power of biometrics, cloud & edge computing, IoT and AI technologies. All these solutions connect and change the landscape of work life and home life in a larger ecosystem. Through a vast network, TimeTec Group distributes its biometric hardware products and 16 cloud applications, including IoT devices, to more than 150 countries worldwide.
Various renowned clients have subscribed to TimeTec various solutions including IOI Properties, Putrajaya Holdings, Ibraco, Binastra, Thriven, Hock Seng Lee, QSR Brands, Central Sugars Refinery CSR, Sunway Constructions, Mamee, Yakult, Nano Malaysia Berhad, and many more. The versatility and feasibility of TimeTec products also attract various international customers from all over the world, including Hong Kong, Dubai, Australia, Qatar, South Africa etc.
Good workforce management lessens the burden of HR efficiently
TimeTec offers an array of workforce solutions from time attendance, leave management, hiring, claim, and employee profile to benefit various organizations of different sizes. Understand how TimeTec can help your organization.
MESH Consultancy & Training Centre PLT, formerly known as MESH Training Centre, was established in 2001 to serve the Malaysian and international industrial needs for health, safety & environment (HSE) advisory, consultancy and training services.
The company provides HSE Advisory, Consultancy & Industry Leading Training Programmes for aerospace, manufacturing, military, warehousing, construction, oil & gas and many other industries. MESH prides itself in advocating a safe and healthy workplace for employees whilst ensuring all business operations are environmentally conscious. MESH is renowned for catering to the needs of diverse industries to inculcate safe working culture, a healthy working environment and minimizing any damage to the environment that we all live in.
Headquartered in Bangsar South, Kuala Lumpur, MESH has few other branches in the city, and some of the staff are working on the field. Having an attendance device only at the headquarters makes it hard for those staff working elsewhere to report their attendance. Furthermore, the management has no tool to trace the whereabouts of the field staff, hence unable to monitor their effectiveness.
To consolidate all the attendance data in one system, MESH turns to TimeTec TA, a cloud-based Time Attendance System that can cater to all types of working conditions and locations. TimeTec TA offers four types of clocking methods on App which includes GPS, Wifi, Beacon and NFC. Plus, it can receive data from biometric devices under the brand name of FingerTec and ZK Teco.
Recently MESH subscribes to TimeTec TA, and uses beacon and GPS as options for employees to clock attendance. Beacons are fixed at branches for staff to clock in with their App, and those who work on the field can tap on the GPS clock to record their attendance. Now, all on field employees do not have excuses of no attendance data because the office has made it easy for them to clock attendance using a smartphone. The system records the GPS coordinates and turns them into locations for record purposes. TimeTec TA combines all data from biometrics, beacons and GPS for a holistic attendance report. Besides, staff can also generate attendance reports immediately through App and Web without referring to the HR.
Having one system that can cater to all requirements is such a relief for MESH, and now they can focus on providing health, safety & environmental issues for many more clients.
For your attendance and workforce management needs, contact Mr. Sulaiman.
"The items look isolated. It makes property managers think they can add one by one. But if property managers have this kind of thinking, they're on the wrong footing because, in the digital era, everything has to be interconnected, all equipment and all systems have to be interdependent, joint as an ecosystem," said Teh Hon Seng, CEO of TimeTec Group. - Teh Hon Seng, Chief Executive Officer, TimeTec Group
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