Alhoor Real Estate: complete control of cheques, renewals and collections

01The client

Alhoor Real Estate is a UAE property business whose finance team is responsible for collections across a growing portfolio of units and tenants.

02The challenge

In UAE real estate, rent is largely collected through post-dated cheques, and every cheque has a life of its own: received, deposited, cleared, returned or replaced. Alhoor's team needed to know at any moment where each one stood, which contracts were coming up for renewal, and which tenants were falling behind, without assembling the answer by hand.

• Cheque status followed in separate registers rather than in the accounts.
• Renewals and expiries noticed late, leaving little time to act.
• Arrears reported periodically instead of being visible as they happened.
• Contracts and supporting documents stored apart from the financial records.

03The solution

Mithaq ERP gave Alhoor a single system for its leasing and finance work. Each contract carries its cheques and payment schedule, and every movement posts to the ledger automatically.

• Leasing & Property Operations: contracts, units and tenants linked in one structure.
• Accounting & Financial Management: cheque life cycle, receipts and collections recorded in the books as they happen.
• Reminders & Notifications: alerts for upcoming deposits, returned cheques and contract expiries.
• Document Management: contracts, IDs and supporting papers stored with the record they relate to.
• Reports, Dashboards & Forecasting: collections and arrears available on demand.

04The results

Alhoor's finance team now has the control it was looking for. Every cheque, every renewal and every payment can be traced in one place, and the team acts on reminders instead of discovering issues after the fact.

Because leasing and finance see the same arrears and renewal information, follow-ups are coordinated and nothing depends on a spreadsheet kept by one person.