Managing Real Estate with SAP
Processes in real estate management are associated with huge amounts of documents and document approvals.
In order to streamline these processes and subsequently increase process efficiency it is necessary to provide a central repository and single point of truth for documentation, task management, and structured data management for real estate contracts, building planes, site descriptions, etc.
This requirement is true for commercial as well as corporate real estate across all industries. Typical processes include, but are not limited to the acquisition of property, the lease-in or lease-out of property, managing residential real estate (apartments, condominiums) as well as commercial real estate (shopping malls, shop floor), disposal of property, etc.
Challenges
The critical requirements for those processes are similar:
- Clearly defined phases to drive a process from start to end
- High integration requirements (document management systems, correspondence systems, GIS, CAD systems,SAP® ERP Financials, Project Management, Facility management, Intranet, Extranet, collaboration etc…)
- Document approval (workflow controlled) amongst SAP and Non-SAP users
- Notifications
- Forms
- Different departments and people involved in the process (changing task responsibility)
- The need to track the status and progress of all processes to efficiently manage the Real Estate portfolio
Solution
The xft Real Estate solution package caters to those requirements and offers an out-of-the box solution tailored to the most common processes in real Estate across all industry. (Industry)Specific customization can be achieved during a fast implementation phase.
