SAP ERP

Enterprise Asset Management -- Real Estate Management

The following business goals and objectives can be achieved through the implementation of these processes:

Reducing Operating Costs & Increasing Efficiency

•   Improve asset and maintenance management

•   Improve capacity utilization

•   Re-deploy labor to higher value-added activities

•   Reduce administration, improve business processes

Managing Fixed Assets & Resources

•   Centralized multi-location asset tracking

Increasing Transparency & Accountability

•   Provide decision support

Increase Speed & Efficiency

•   Collaborate with business partners

SAP Real Estate Management helps you define your real estate portfolio and manage all related business-partner assignments.

SAP Real Estate Management can help you do the following:

• Evaluate property cash flow
• Track details related to building architecture, facility use, and the involvement of business partners
• Analyze property performance by drilling down to individual pieces of property
• Visualize specific property features through integration with your existing CAD and geographic information system (GIS) software
• Create standard reports on building expenses, revenues, vacancies, measurements, contracts, conditions, maintenance, and service costs
• Track portfolio changes that result from purchases and sales

Configuration Variants

Commercial Real Estate Managers - including managers of retail, office, industrial and residential property - need a solution for enterprise resource planning to cover their core business processes and drive revenue. SAP Real Estate Management supports real estate search, lease administration, rent escalation, common-area maintenance reconciliation, and percentage rent management.

SAP Real Estate Management can help you do the following:

• Manage and operate third-party property
• Manage expense and income leases and other property-related contractual agreements
• Monitor critical days and renewal options
• Make price index-related adjustments and other rent escalations
• Manage percentage rent agreements
• Match vacant properties to requests from prospective tenants
• Create contract offers
• Calculate chargeable expenses, balances, advance payments, and their adjustments for common-area maintenace reconciliation

Configuration Variants

Corporate Real Estate Managers - including managers of offices, branches and other corporate workspace - support a core business achieve goals such as growth, cost reduction, and a productive environment for employees.

SAP Real Estate Management can help you do the following:

• Manage space
• Assign and move employees to specific spaces
• Integrate these functions to your existing CAD visualization tools
• Handle room and space reservations for one-time and recurring meetings
• Handle the booking of services such as catering
• Allocate costs for using work spaces and meeting rooms to the relevant organizational units within your company

SAP Real Estate Management supports business processes related to building construction, operations, modernization, maintenance, repair, and service with functions that are integrated with SAP software for project systems and enterprise asset management.

SAP Real Estate Management can help you do the following:

• Plan investments
• Monitor construction and modernization projects
• Schedule maintenance work
• Handle notifications for unscheduled maintenance and service requests from users
• Manage framework agreements about facilities services and material with external service providers
• Plan work orders with external and internal resources
• Reconcile costs for facilities operations to internal departments and external tenants

SAP Real Estate Management provides robust functionality for property support processes such as records management, document management, and business data and workflow management.

SAP Real Estate Management can help you do the following:

• Post expenditures and earnings on profit-and-loss accounts
• Create open items on customer and vendor accounts
• Plan and execute cost and revenue postings - including allocations and settlements for profit and cost centers
• Invoice open items on accounts receivable
• Handle payments, collections, dunning, disputes, installments, and write-offs
• Create correspondence and organize incoming and outgoing documents into folders
• Incorporate industry- and customer-specific functions