The Qornerstone Outsourced Finance team is led by a manager with over 15 years’ experience managing recurring billings at property management companies in Singapore. We hire staff with minimum 5 years’ Finance experience and all reports are subjected to tight quality control processes.

Building owners may be concerned about the rising cost of manpower in Singapore, or may be looking for more efficient ways to manage their leasing processes. Building owners can now reduce their reliance on manpower by leveraging on software automation instead. 

That’s because we take advantage of the automation features on Qornerstone Estate software to automate bookkeeping tasks that used to take hours. This means less manual data entry errors and cost savings that we can pass on to you.

For example, tenants are able to view and pay their bills from our tenants' mobile app through PayNow QR codes. Payments are then automatically reconciled to invoices by the system which also does the receipting immediately and automatically.

If you add up all the time and company resources spent on managing manpower, it quickly becomes obvious that it’s better to outsource. Especially if you’re having trouble hiring locally in Singapore, think of all the time wasted applying for permits and on the actual hiring process. By outsourcing, you leave these headaches to us.

Our outsourced Finance service is offered on the Qornerstone Estate platform, which is a modern, cloud-based ERP platform customised for leasing and property management. Tenants can receive their bills by email, or view and pay with PayNow on the Qommunity Resident app 

Finance teams will appreciate features like purchase orders (POs) matching with supplier invoices, while Operations teams will find the FM budgeting, asset management and CMMS modules very useful.*

*Requires separate paid subscription to Qornerstone Estate.

We need at least 4 weeks to migrate and setup rental contracts and financial data in the Qornerstone Estate platform. But this may vary depending on availability of manpower so please provide at least 1.5 months' advance notice before commencement of service.

Yes but this is a separate chargeable service.

Building Owner's Operations team will be main point of contact for all enquiries, including questions on accounts receivables. If you subscribe for a Qornerstone Estate software license, we can provide Read-Only access to site staff to immediately retrieve SOAs. Alternatively, site staff can relay any enquiries to Qornerstone Outsourced Finance team for the appropriate follow up.

Please see reply to question no. 3 as the same procedure will apply.

1. Direct control and access to all MCST data;
2. If MA is ever dissatisfied with Qornerstone Outsourced Finance, the MA can terminate the service and employ your own Finance or another company without any disruption to service since you can just switch off our user accounts and create new ones for the new service provider;
3. Additional user accounts for yourself, your managers and site staff so that you can respond more quickly to questions from customers.

You just need to give us one (1) month’s advance notice to terminate the rental contract or you may also give the same notice to terminate Qornerstone Outsourced Finance services.

E-payments allow the Accounts Receivables and Accounts Payables workflows to be automated on Qornerstone Estate. Automation reduces manual data entry and eliminates user errors (e.g. tenants forgetting to include their unit number when making payment) and data entry errors. This reduces our workload and we can pass on the cost savings to you.

Yes, please contact us here with your request.