Quickly recover expenses and manage service charges

When running a real estate portfolio it is essential to be able to easily and effectively manage service charges and other expense recovery requirements, such as insurance or mall marketing.

MRI Horizon (formerly Qube Horizon) offers an in-built service charge ledger for a range of common area management and expense recovery situations, and fully supports the latest RICS service charge guidelines.

Advantages

  • Ease of service charge preparation for a newly acquired property.

  • Multiple recovery methods (service charge, insurance, utility rates etc.)

  • On actual and on account recovery flexible management fee calculation.

  • Spreadsheet links to ease budget creation.

  • Automatic links for upload of actual expenditure from Horizon purchase to pay or external general ledger.

  • Incorporation of specific tenancy rules (caps, floors, fee caps etc.)

  • Detailed analysis of costs and void cost for each service charge period.

  • Service charge payable functionality for property occupiers.

Find out more

If you would like to find out more about how our Horizon service charge management can help you, please get in touch today.