AutoESCROW

Real-time Transaction Status

Real-time transaction status for deposit and payment integrations with any core banking system.

Robust Authentication Process

Safe authentication process integrated with core banking system for all kind of deposits and payments.

Escrow Entities

AutoEscrow allows different types of entities to be recorded and linked for Escrow arrangement. Escrow Arrangement can be completed using deal setup for different parties and counter-parties as well as set up Developer-Project-Unit-Owner relationship.

Unit and Off plan Structure

AutoEscrow provides configurable tree structure for all kind for unit structure example: Flats, Villas, Buildings, Floors, Towers etc.

Escrow and Sub Account Management

Escrow account management with different sub account for fund division. AutoEscrow provides all kinds of a fund management for sub-account with Automatic, manual and bulk upload setup.

Configurable Authorization Workflows (Maker, Checker, Reviewer, Releaser)

Configurable authorization for all financial and non-financial transaction at all levels.

Regulatory Compliant

AutoEscrow is 100% compliant to regulatory bodies such as RERA, RAK, ARRA, WAFI and Molak.

Expense Budget

AutoEscrow can track expense tagged for each budget line item for every kind of expense line item. Available vs expensed budget can be tracked and published.

Payments

AutoEscrow provides real-time payment transactions integrated with core banking system. Payment can be one-time, scheduled payments in form of Auto-Debit as well as bulk payments with excel upload.

Owner’s Payment Plan

AutoEscrow supports Payment Plan for Unit purchase for all owners. Payment plan can be structured manually as well automatically.

Workflow Activity Manager

AutoEscrow is a configurable platform for workflow management with up to 5 levels.

Different Reports/Dashboards for Different Functional Groups

AutoEscrow provides functional and integration dynamic dashboard that ensures financial control. The user-customizable dashboard reveals project and deal statuses with deposit categories as well as expenses.