Archives 2022

KALAM RENTALS & ASSET MANAGEMENT SERVICES.

A Case Study

Today everything is in the digital fold and managing assets and rental properties in the modern-day digitalized environs is no different. Property owners need a seamless interface that helps manage their properties with dexterity.

Managing properties from the convenience of the palm, debarring the conventions and constraints of a locale or location. The versatility and flexibility that help overcome several of the challenges that relate to owner – tenant logistics, and aspects that solely deal with asset and property management alone are the need of the day.

Kalam rentals & asset management services required a similar application that could holistically or comprehensively deal with rental property management, providing a seamless interface between the owners and tenants helping them digitally manage different functions and overcome several of the barriers that property owners and tenants usually encounter applying conventional methods and processes that most often revolve around manual or semi-automated processes and procedures.

The Solution: RENTO – Nipige: A Rental Property & Asset Management System.

SAAS and multi tenant-based RENTO can be an efficient modern-day tool with KYC and KYO management features, elaborate dashboard and reporting, advertising, sales and contract renewals, agile on boarding, etc.

Benefits & Results when deploying RENTO.

Kalam Rentals & Asset Management Services has swiftly expanded its business ever since using RENTO. Kalam is reputed for making available properties for temporary housing purposes with a marked presence in Bangladesh and has effectively leveraged RENTO as an efficient modern-day rental property & asset management system.

Kalam has increased their business propositions multi fold, expanding to multiple cities and urban domiciles within a short span of time, reaching numerous customers swiftly and increasing their customer base from a humble 500 homes to 5000 in number.

Initially, Kalam had to spend a day and more for various process-related purposes using conventional practices and with RENTO, the service time has been drastically reduced to an hour and less with agile digitalized practices and procedures. Operational expenses (Opex) have dwindled with revenues maximized, owing to digitalization and process optimization.

Nipige as a digital business enabler platform has equipped Kalam rental & asset management services with a rental property & asset management tool capable of addressing the modern-day demands of property management entities developing a digital interface with owners and tenants.

Nipige can further attend to several of the businesses with CI/CD models of application development and cater to several of the industries where the need for digitalization is paramount in view of the changing landscapes of technology and technological scenarios.

The change brought about by digitalization is immense with its impact being profound on several businesses, with B2B and B2C businesses big and small vying to make their online presence felt.

Nonetheless, an online B2B or B2C e-commerce platform is quite different from an online B2B & B2C marketplace, and also the cost of digitalization and the complexities involved in effectively leveraging the potentials of digitalization could impede the prospects of a business or an entity as such succeed in the ever-competitive world of businesses, products and services.

Having a mere online presence does not really suffice the needs of growing businesses and there is a fine line drawn in between, from business being online from that of being part of an online market place, and very often many businesses big and small fail to realize the essence of being part of an online market place.

Imagine how much it takes to set up an online shop and harness the benefits of the online mediums.

• Own costs and efforts
• Higher Capex and Opex
• Not being part of market places that provide access to huge customer bases.
• Inability to provide comparative products and prices to prospective customers or in other words lack of better visibility when compared to other products and businesses.
• Additional costs on Digital marketing and other OPEX and follow up maintenance.

To sum it up there exist barriers that impede optimized and effective conduct of business when the model of business conduct is an online shop or a platform alone. Being part of an online market or a marketplace is the much-needed model where business owners can cost-effectively prepare and effectively present item or product catalogues in their own way so as to flourish and make the best of a business and selling.

Let us now examine the benefits of a cloud-based B2B and B2C online marketplace “Nipige” that can digitalize businesses and connect them with huge customer bases and market places. Nipige helps business owners create their own product catalogs and feature them on its platform in turn helping customers notice businesses and the products they offer.

• Platform ready business digitalization approach
• Business owners can rapidly digitalize their businesses with minimum capital effort and start online business immediately.

• Opportunity and scope for business owners to select and build an online business instantaneously that enables them to be part of a marketplace called Nipige.
• Flexibility to launch and feature multiple vendors from a single window.
• Sellers or vendors can host multiple products and items.

Nipige doesn’t just digitalize businesses but also provides a big marketplace for small, medium scale businesses of sorts, multiple vendor, and multiple product based e marketplace that could be an effective tool for many businesses.

Nipige has been developed by Trigital a B2B & B2C Ecommerce Software and platform Development Company in India. Nipige as a digital enablement platform has also developed some of the best retail management software and systems and can also effectively address the needs of businesses in the need of online property management software, online rental property management software, etc.

Portals have started catering to infinite business segments and sectors in a way as to broaden the scope of buying and selling. The reason is simple, how many apps should an individual shuffle across for various needs whether it is selling or buying. Utility services one app, groceries another app, so on and the list may be endless.

The need of the day is a singular app or a portal that can comprehensively serve to be of a marketplace and a digitalization platform for different businesses, or a marketplace for all, that can attend to the needs of multiple business sellers and buyers, more so in the hyper-local segments, where the diversity of individual businesses is broad and unorganized.

A marketplace for all consolidates various businesses, vendors from diverse business groups onto a singular platform enabling, vendors to develop business networks and sell their goods or services from one platform, one infrastructure or a portal that helps reach across customers with varying needs across multiple segments of different goods and services.

E-commerce giants across the globe have recorded phenomenal success by doing so i.e. catering to multiple business segments from one singlehood and enabling sellers sell products of different nature and similarly, buyers buy products of different sorts from a common marketplace as it is.

And the hyper-local sectors cannot be excluded from the online panorama, with people increasingly adapting to the online means and methods for several of their needs there exists a greater potential in the demand for locale-based products and services that relate to a gamut of sellers from within a specified demography and topography.

Shopping from the convenience of your palm has in fact given rise to such an urge – to shop for everything big and small with the delivery at the doorsteps. So forth the ability to shuffle across goods and services from a common platform has driven the concept of a market for all, sell or buy anything from a common portal is the mantra when it comes to convenience and pragmatism concerning different goods and services.

The concept of Nipige is pretty clear; cater to all the segments of B2B and B2C. A market for all approach and anyone selling either B2B or B2C products or services can onboard the platform.

The list is endless or in fact infinite, anything B2B and B2C, goods or services, domestic or institutional, one can be onboard the platform, digitalize their businesses, and be part of a well-thronged business network that connects businesses with their customers on their fingertips.

Several of the transitions that have transformed the course of progress and development have given birth to newer and newer developments and technologies with digitalization, being the most prominent amongst them. Digitalization has assumed to be a distinctive facet that has in fact replaced the conduct of the present-day generation.

Almost everything in the present day appears to be engulfed by the digital domains. Internet and the online mediums, search engines, social media, and alike, digital devices and mobility solutions that have infinitely expanded the horizons of communication and interactivity with several of the disciplines, trade, and businesses extensively dependent on them.

Whether, dissemination of information, billing, currency transactions, and various industries pertaining to media, e-commerce, B2B, B2C, health care, retail, and communications-the digital technology has been virtually sweeping across the various sectors with rapidity and speed. The present age is termed as the digital age with the share of information being superfluous and transmission global in nature, something unheard of ever before Digitalization has in fact giving rise to newer forms of businesses and trades that have enabled the growth of the global economy in incremental terms. E-Commerce transactions or social media interactions, the internet or the online medium is the backbone, or the most effective tool, that has a governing role to play in shaping economies, enabling global connectivity and communication.

The most noticeable aspect of digitalization is the profound change brought about on the several frontiers of the various domains of technology harness, and the capability of social media impacting the economic and the social landscapes of change From limited broadcast to limitless broadband technology that offers countless media-based products, the media consumption scenarios have drastically changed owing to the very nature and function of digital media in offering media and digital marketing based services.

Various search engine based techniques and online media channels are delivering a content of varied nature that cater to a variety of audience types and sizes irrespective of the commonalities that pertain to time and place, and likewise, trade and commerce reliant on digital media can be no different. In broader terms digital media has drastically cut down media distribution costs and accessibility is even more prolific E-Commerce, Businesses, and trade are greatly dependent on digital media and digital marketing, with traditional marketing transforming to digital marketing and markets evolving to be online market places that which serve to be the most visible outcomes of the digital technologies which apart from augmenting efficiency also largely help minimize legacy based processes and maximize revenue.

Sellers and buyers no longer travel places to connect with one another, with digital devices and applications of varied nature serving to be valuable instruments that drive business genres transform to be the most modern and superior in terms of harnessing technology for business conduct.

Nipige is one such digital enabler that digitizes processes and builds business-specific platforms for businesses of varied nature.B2B or B2C, Nipige can enable the digital conduct of business that includes digital transformation, digital marketing and broadly speaking everything that is necessitated by the modern-day realms of the digital era and conduct.