OPTIMAL REAL ESTATE LIFECYCLE MANAGEMENT According to a recent Aberdeen report, you can manage real estate life cycles at optimal levels by focusing on organizational structure processes – and using integrated tools to drive savings and operational efficiencies. Get the full story in the Aberdeen report (PDF). Log-in required.

As businesses face economic downturns, market globalization, and an increased emphasis on the capital market, real estate portfolios become increasingly significant to the bottom line – and real estate managers are challenged with more demanding revenue-generating and cost-cutting objectives.

SAP Real Estate Management is a full-featured, integrated application for managing all types of real estate – giving you better control of and greater insight into your real estate portfolio. Addressing a variety of industry-specific requirements, the application supports all phases of the life cycle of real estate assets, including the acquisition or disposal of real estate, management of the real estate portfolio itself, property and technical management, as well as support processes like management accounting and reporting.

Seamless Integration of Real Estate and Corporate ERP Systems

SAP Real Estate Management is closely integrated with the financials and logistics functions of SAP ERP software – providing seamless integration between leasing transactions and your current accounting, controlling, maintenance, and reporting functions.

By integrating your real estate and corporate ERP systems, you can:

• Achieve transparency – Get full, accurate visibility into what you own, what you lease, where it is located, how it is being used, and how much it costs.
• Streamline business processes – Reduce transaction costs, increase operational efficiency, and free up capital from your real estate assets – so you can invest in other growing areas of your business.
• Support investment strategies – Facilitate decision making and investment strategies through accurate cost/revenue performance data across all areas of your business.