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Coworking

How an automated office management software allowed Attic Space to enjoy time savings

Attic Space is a managed office space provider that has the capability of suiting different office sizes, from 50 to 600 members. Founded in Bangalore, India the company has over 15 spaces to support and manage such office teams, and has recently branched out to Hyderabad.

Company

Attic Space

Location

Bangalore, India

Portfolio

Coworking

Scale

1,000+ desks

Time saved

200+ hours

Challenge 1

Excel-based lease tracking

Inability to Track Leasing

Attic Space was managing it's leasing process on excel, and their sales, operation and finance teams had to coordinate to keep track lease terms like leasing duration, lock-in period, contract termination clauses, etc.

MonkSpaces.Ai Solution

Automated leasing management system

With Monkspaces.Ai, bookings would automatically reflect onto the central database, where the property manager can track all the leases, renewals, move-ins and move-outs, etc.

Result

Time savings due to automation of leasing management

200+ hours

Challenge 2

Compliant Invoicing

Attic Spaces had to generate e-invoices to it's clients as the business is B2B, and it was critical from a compliance stand point. Their previous system did not allow for this functionality.

MonkSpaces.Ai Solution

E-invoice generation with Zoho Books integration

Through our integration with Zoho Books, Attic Space was able to generate e-invoices to all tenants of Attic Spaces and ensure 100% compliance. The system would fetch applicable rents from the leasing module, generate invoices and send it clients in a fully automated way.

Result

Time savings due to automated invoicing

80+ hours

Coworking space

Impact at a glance

200+ hrs

Time saved on leasing management

80+ hrs

Time saved on invoicing

15+ spaces

Managed across cities

"Their platform has streamlined our operations, from contract management to billing, and provided valuable insights into our business performance. The team's responsiveness and dedication to solving our challenges have been outstanding.

They integrated with our accounting software and our door access system well, so it was a unified solution for us overall.

Will recommend any coworking operator to work with them!"

Chandrashekar Rao

Founder, Attic Space

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