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Desired Features In Land Management Software

By Cathy Mercer

Land management software or LMS is a very handy tool for an organization that is involved in large-scale land acquisitions, development and usage for various purposes. The system almost completely automates all the financial, operational, legal and regulatory compliance requirements. Every such LMS has a set of features useful for brokerages, the oil and gas industry, and for government agencies or records divisions with huge spatial management requirements.

All functions in the LMS can be broadly categorized under either lease acquisition or administration. There are critical components in each of these categories that help automate entire divisions in the organization. The lease module is a good example to illustrate how an LMS works, since this module’s functionality spans across both land acquisition and subsequent management.

During the pre-lease phase, the LMS must be able to generate a ton of documents and forms that are required for the transactions. This includes offer letters, amendments, contracts and so on. The system should be capable of handling all kinds of leases, including standard agreements, third-party and remainder leases, receiverships, etc. Afterwards, it must be able to manage and generate all the paperwork such as LPRs and payment checks and drafts in a timely manner.

Scanned documents in different formats have to be saved within the system as data. The LMS must be capable of mass updates to all leases, if such changes are required across the board. Lease status tracking and custom workflow configuration capability are desired features.

It works a lot better if all the modules are integrated. Data entry done in any part of the process can be instantly updated systemwide. Integration eliminates the need for paper files being shunted around between departments. It improves data accuracy, saves the resources and costs associated with printing and redundant data entry, and makes the organization more environment friendly.

In addition to lease management, the two other most important modules in an LMS are GIS mapping and ownership/tract management. Apart from the core modules, there are certain system administration needs that must be fulfilled. For example, there must be support for user groups and assignment of permission levels for each group. It must also be able to supply standard as well as custom reports.

The standard reporting needs to include rental payments, expirations and leaseholds, among other things. Such reports can be pre-scheduled for delivery to specific users based on their access levels or by manual assignment. Similarly, authorized users must be able to customize reports to include fields such as tract/ownership data, exploration information, etc.

One of the key innovations that has made land management software a lot more useful these days is web-based applications that are device independent. LMS packages can be accessed on the Internet from anywhere by a user with a laptop, tablet or smart phone using a secure connection and a log-in ID. With 24/7 access to the system and instant availability of information even out on the field, the LMS has a huge amount of potential to improve productivity and enable informed decision making without delays.

To take full advantage of land management software click the link to www.dlmplan.com. To find out more on Digital Land Management and the PLAN System come to http://www.dlmplan.com today.

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Article Citation
MLA Style Citation:
Mercer, Cathy "Desired Features In Land Management Software." Desired Features In Land Management Software. 18 Apr. 2014. uberarticles.com. 18 Jul 2014 <http://uberarticles.com/computers-and-technology/software/desired-features-in-land-management-software/>.

APA Style Citation:
Mercer, C (2014, April 18). Desired Features In Land Management Software. Retrieved July 18, 2014, from http://uberarticles.com/computers-and-technology/software/desired-features-in-land-management-software/

Chicago Style Citation:
Mercer, Cathy "Desired Features In Land Management Software" uberarticles.com. http://uberarticles.com/computers-and-technology/software/desired-features-in-land-management-software/


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