Services

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Accounting

We provide the full bouquet of accounting services for all managing agents and community schemes which includes both Administrative fund and Reserve fund accounting, incorporating your maintenance plans. All accounting is compliant with International Accounting standards and we provide comprehensive reporting on each scheme’s financial status. You now have no need to appoint your own in-house bookkeeping resources, let us take care of your accounting needs!

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Attorney Management

All too often once a unit is in legal, the process stalls and becomes difficult to manage for trustees and property professionals alike. ZenTeq will, through its own qualified attorneys, ensure that your schemes legal matters are managed effectively and that the rules of court are strictly adhered to. We will further ensure that you have access to experienced community living collection attorneys and that the fees charged are accurate and legally recoverable mitigating potential legal fee imbalances to your scheme. Let us navigate this complex and frustrating minefield for you!

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Banking

Control and management of the schemes banking affairs are extremely important. Through ZenTeq, each scheme will have its own bank account in its own name with your trustees always being in full control of your scheme’s funds, allowing for greater banking transparency, flexibility and control. We will vet your schemes supplier’s information, invoices, and assist with the payment process to all suppliers from the schemes own account in conjunction with your trustees. Zenteq can also assist you with managing your schemes surplus funds with financial institutions offering the most attractive terms, maximizing your return on investment.

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Compliance

Communal living compliance can be a minefield, however through us, we make compliance with all legislative requirements easy and stress free. ZenTeq will ensure that you are compliant with all POPIA, Tax and Labour laws applicable to your scheme. We will also ensure that each scheme remains compliant with the Companies Act and Sectional Titles Schemes Management Act as well as Community Schemes Ombudsman Act, among others. Don’t get caught by surprise by the ever-changing legal environment again!

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Debt Collection

We offer a comprehensive and effective debt collection service for all pre legal arrear owners in any community scheme leveraging the experience gained from large scale national operations and expertise of specialist collection attorneys. Collections are done on a pure contingency basis to ensure the schemes cashflow is not further prejudiced, and all fees raised are compliant with the Debt Collectors Act, from time to time. Never let your arrears get out of control, let us take care of your arrear management!

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Software and storage

ZenTeq offers online and immediate access to all your schemes information including minutes, invoices, constituting documents, statements and financial reporting from anywhere in the world and across any smart device. All information is cloud hosted and always available with multiple redundancies to ensure there is no loss of data or information. Access is available on an owner, trustee and portfolio manager level and is configurable depending on your scheme’s individual needs.

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Strategic Partnering

ZenTeq offers you immediate and preferential access to industry leaders in all fields of scheme management and living. Through us you have access to specialist financial providers, insurers, system providers, attorneys and more. Our affiliate partners offer a wide range of products aimed at community living schemes, but also to entrepreneurs looking to grow. We strive to add value to your business, and through our partnerships can offer a turnkey solution, as well as specialist advice, to all everyday problems you may encounter.