PLUTO (Portfolio Loan Unique Tracking Organizer) was built for the real estate financing industry, and continues to grow as customers find it to be powerful and flexible, yet easy to use. Customers that use it consider it to be an important competitive advantage, and have stated that their partners have been impressed with the reports they receive.
By automating many of the tasks required for daily tracking and reporting, PLUTO makes users more efficient and reduces the likelihood of errors.
It is a standalone system, and although it can be integrated with other applications, it does not require a separate accounting system as is the case with many other real estate asset tracking software packages. It is a comprehensive reporting and tracking solution that includes:
Financial statements include a Balance Sheet, Income Statement and Equity Rollforward. Reports are in Excel format, and include "drill-down" capability to see the accounts that make up each financial statement line item. Reports can be run for a single period or for comparable periods. They can also be run for various scenarios, such as Actual vs. Budget or Actual vs. Forecast.
Loan tracking features include:
Other features include:
One of the biggest advantages of PLUTO is its flexibility. It was initially built in 2006, and since then it has been updated with thousands of changes. When users request changes and enhancements, the potential changes are carefully analyzed by ARM developers to determine the time and resource requirements, as well as their impact on other users and other features. The programmers then work directly with management to prioritize the requests to ensure items with the most favorable benefit/cost ratio are implemented first. The result is a product that meets the users' needs directly and uniquely, and can be modified on an ongoing basis to continue to meet the needs of a changing and dynamic business environment.