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Deal Processing Workflow

Deal Processing Workflow

I

n today's economy, real estate is no longer regarded as a fixed cost. Corporations are pressuring real estate executives to reduce the impact of occupancy costs on the bottom line and improve space management across the enterprise. Real estate organizations and investors must find new ways to increase tenant retention, streamline operations, and enhance portfolio management.


Overview

Whether you are in the real estate business or manage real estate for your enterprise, businesses that can effectively manage utilization and costs associated with these assets stand to reap substantial benefits to the bottom line. A complete, integrated, web-based solution that supports end-to-end automation of all critical business functions throughout the entire real estate cycle is the foundation for effective real estate management.

Quality Excellence framework has all the necessary components to support whole-life real estate activities, from acquisition or leasing through construction and facilities management, and performance tracking.

Retail real estate solutions -

Retailers must look at their real estate investments with a renewed sense of focus. As the welcoming face of your operations, your real estate assets speak volumes about your commitment to the overall customer experience.Proper maintenance of storefronts ensures a positive experience and extends the useful life of your store assets. Selecting new store locations, monitoring profitability of current store operations, executing leases to take advantage of creative terms or favorable options negotiated with your landlords, minimizing time to store open and maximizing profitability in using your real estate are common challenges faced by retail real estate organizations.

Retail real estate executives must be confident in having the right number of store in the right areas and that customers have a consistent and positive experience at each location. As stores age and need remodeling, having the tools that not only manage refurbishment projects but also make sure your organization reaps the benefit of capitalizing every dollar spent, helps ensure the efficient execution of these activities into the overall financial picture of your operations. Quality Excellence Real Estate Management is a complete, integrated solution that supports all the critical processes involved in managing your store locations, helping you control spending and gain efficiency in all areas of your real estate activities:

  1. Site Selection
  2. Construction Projects, Including Rebuilds and Remodels
  3. Lease and Property Management, from Corporate Property to In-Store Subleases
  4. Facilities and Fixtures Maintenance
  5. Asset Disposition

The key solution modules are listed below:
save you two ways. They help you get into the hearts and homes of the very people you wish knew about your product. And better, they save you time knocking on doors of the folks who won't be interested.

Financials / Property Manager Supports lease execution from both the tenant and landlord perspective to address the needs of corporate real estate management, commercial property management, and retail and franchise operations.

Projects

Provides real-time project management linked into financials and procurement to automate key project activities.

Enterprise Asset ManagementSchedule maintenance on key facilities assets - from fixtures all the way to the foundation.

Online Procurement Speed up purchase process and fulfillment execution with a catalog of items you define.

Balanced ScorecardLink real estate and facilities performance to key performance indicators (KPI).

Corporate Real Estate operationsOur Real Estate Management solution has the breadth to support the critical functions of any Corporate Real Estate operation.

Optimize space utilization by having a clear picture of the defined spaces within your facilities and being able to track not only current vacancies but also future planned vacancies, and exposing this data for use in space planning.

Proactive management of the exposure of financial and legal risks that are buried in your portfolio of active leases. Never miss a renewal again.

Sophisticated facilities management capabilities that not only allow you to efficiently deal with facilities requests from your employees but allow you to take better care of the facilities themselves by creating preventive maintenance strategies to lengthen the useful lives of the facilities and the equipment within them.

Robustproject management for execution of build-outs and refurbishments and other project-driven activities such as moves.

Quality Excellence solutionssave you two ways. They help you get into the hearts and homes of the very people you wish knew about your product. And better, they save you time knocking on doors of the folks who won't be interested.

Commercial Real Estate Solutions - Having your finger on the pulse of you operations and the information at you need at your fingertips to make business decision in real-time not after the fact is critical to the success of any Commercial Real Estate operation. Only through an integrated suite that extends beyond simple lease administration can you achieve the level of data transparency to really understand daily the health of your operations and be able to identify the weak spots.

Our solution provides the breadth of functionality to support the entire Commercial Real Estate business process:

Opportunitymanagement that provides the tools your on staff agents need to manage the valuable relationships they have cultivated, market your available properties to potential prospects, and provide management visibility to deal in the pipeline.

Truly collaborative deal negotiations shared by the internal and external parties to the transaction with document sharing/versioning and issue/task escalation and management. A "virtual desktop" upon which to execute the transaction while providing visibility to management throughout the entire process.

Proactive management of the exposure of the financial and legal risks that are buried in your portfolio of active leases.

Automation of term execution all the way through to billing and collections management including a tenant-facing portal to expose transaction to your tenants for review and timely dispute resolution reducing outstanding receivables and shortening time to cash.

Sophisticatedfacilities management capabilities that not only allow you to provide better service to your tenants but allow you to take better care of the facilities themselves by creating preventive maintenance strategies to lengthen the useful lives of the facilities and the equipment within them. Execute and re-bill project on behalf on tenants with ability to mark up costs or apply burdens to ensure you bill the true cost of providing that service to you tenant.

World-classfinancial consolidation and reporting capabilities that can support the nuances of the various legal and ownership structures with seamless traceability back to the source transactions.