China’s largest insurer, Ping An, implemented our IFCA.net Residential and Rental Management System and reported that operations ran impeccably smoother and that managers were making sharper and better-informed decisions.

Ping An Insurance (Group) Company of China, Ltd required a residential and rental management solution for its 12 property management offices throughout 8 major cities in the country. Ping An needed a central management solution that was accessible from all of its offices. The company also required the solution to provide incisive real-time and dynamic analyses and reports for effective decision-making.

Ping An Insurance (Group) Company of China, Ltd. was founded in 1988 and is currently headquartered in Shenzhen. The company ranks 440 in the Forbes 500, No.11 of the 44 listed Chinese enterprises, and No. 1 of the non-state-owned enterprises. Ping An is China’s first integrated service group that bring together a wide range of financial services; taking insurances as the core and then integrating securities, trust, banking, asset management and corporate annuity, resulting in an effective and diversified business. The group has over 3000 branches (inclusive of marketing service departments) throughout the country. As at December 31, 2007, according to International Financial Reporting Standards (IFRS), the total assets of the Group reached 691.30 billion yuan, and total equity amounted to 113.85 billion yuan. In 2007, the Group’s total revenue was 137.05 billion yuan, and net profit reached 19.22 billion yuan.

Ping An owns 12 property management offices in 8 different cities, they are Shenzhen, Beijing, Shanghai, Dalian, Tianjin, Wuhan, Fuzhou, and Zhuhai, which are to manage properties like offices and shopping malls under the Group. With the growth of the company’s property holdings, managers have begun to report that it has become cumbersome to manually manage day to day operations.

Business intelligence
- Monthly statistical reports done the old fashioned way take time and resources. They were also difficult to share. Ping An’s managers needed real-time business data from different offices, as well as real-time collaboration for quick and informed decision making.
- Managers can access IFCA.net via the internet or SMS for ad-hoc, real time reports. The software also gives them a collaborative platform with instant messaging and push technology.

Comprehensive inter-departmental integration
- IFCA.net facilitates everything from the front end to the back end; everything from the availability of parking lots to the billing of your customers to the recognition of the revenues that follow in your financial statements.
- Users find that they can streamline their operations, save cost and boost productivity.

Comprehensive cross-application integration customisation services
- We also offer extensive customisation services to help your systems speak to our systems.
- IFCA.net Residential and Rental Management system was customized to be able to seamlessly connect to Ping An’s existing Oracle system, CMS system, and Budget Management system. Data flowing from these applications can be set to be pushed to your attention at specified times via the e-Workdesk, email and/or SMS.

Our flagship property management solution
- With over 22 years in the industry, we know exactly what customers want. Our secure, centralised and comprehensive system covers everything.
- Every employee is empowered with comprehensive tools to help them manage their tasks efficiently, effectively and securely: the e-Workdesk is fully personalisable and it serves as a personal secretary. It is able to organize and push relevant documents and issues to the user’s attention (this includes automated e-mails and SMS).
- With IFCA.net, you will never lose track of things again. Information is well organized and easily searchable. Also, mistakes can be securely detected, corrected and substantiated.
- Let us give your organisation more valuable time, less cost, better discernment and a peace of mind.