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The Client
As of March 31, 2009, the client owned, or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 159.0 million square feet (14.8 million square meters). The client invests in properties located predominantly in the infill submarkets of its targeted markets. The company's portfolio is comprised of High Throughput Distribution(R) facilities--industrial properties built for speed and located near airports, seaports and ground transportation systems.
Industry
Manufacturing
Geography
USA
TM
SAP Business Intelligence ProvidesSupport for Strategic Direction of
Global Real Estate Company
Lack of Real-time Access to Accurate Information Hindered Decision-Making Process
SAP BI Provided Tight Integration of Real Estate Processes with Global Accounting
Business Benefits
YASH SAP Practice Overview
In order to properly manage quickly fluctuating real estate markets, organizations require the most up-to-date, real time information. Without this, organizational responsiveness and competitive positioning are at risk. The client's existing Legacy systems could not provide real-time access to accurate information, which hindered the company's decision-making process and created inefficiencies in Property Lease Management and Data Administration.
They sought an industry-leading SAP Business Intelligence (BI) platform that could easily manage the growing complexity of global legal requirements and provide analytical tools to support strategic, tactical and operational levels of decision-making. This global integration platform would streamline and support the Real Estate lifecycle management with automated processes, and create a cohesive environment within the company.
YASH Technologies delivered SAP BI integration tools that improved decision-making and enabled more effective management of liquidity, investment portfolios and risk. The platform provided comprehensive enterprise support in the following areas:
SAP ERP was implemented on a global scale with multiple ledgers to meet legal requirements with real-time integration
SAP Master Data Management with Usage and Architectural views became integrated with SAP Fixed Assets/Accounting
SAP Lease Management was implemented to automate the contract lifecycle, adjustments, and deadline monitoring
SAP Real Estate Cost Recovery was utilized for adjustments and distribution to tenants
SAP BusinessObjects with Crystal Reporting was implemented to provide enterprise wide reporting capabilities
After implementing SAP BI, the client realized seamless integration between leasing transactions and accounting, controlling, maintenance and reporting functions. Increased transparency and flexibility of the new system allowed the client to receive full, accurate visibility into business processes, and to meet global legal requirements with ease.Integrated reporting capabilities optimized investment decisions by providing accurate cost/revenue performance data across all areas of their business, and significantly reduced the financial closing and reporting times. Automation of business processes decreased administrative costs and increased user satisfaction.
YASH Technologies is multi-level, multi-geographic SAP partner. A mature and highly experienced practice, our SAP group is well recognized for its achievements having been selected numerous times by SAP as a contributing for SAP Best Practices for various industry rollouts. YASH's SAP practice provides comprehensive SAP solutions to support the entire lifecycle of Commercial and Corporate Real Estate Management. Our real estate industry expertise and value-added services help clients achieve success every time. YASH' SAP solutions for Real Estate Management include:
Portfolio Management
Commercial Property Lease Management
Corporate Real Estate
Facilities Management
Property Accounting and Costing
Real Estate Reporting and Forecasting
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SAP-B
I-RealE
state
Global Presence: USA | Europe | Middle East | Asia Pacific
New Jersey | Texas | London | Bahrain | Hongkong | Singapore | IndiaCalifornia | Illinois | Massachusetts | Missouri |
About YASH TechnologiesYASH Technologies focuses on customer success. As a leading outsourcing company for medium to large global enterprises, we leverage technology and our flexible delivery models to drive performance and business value throughout a customer's enterprise. YASH's comprehensive service approach incorporates a holistic view of our customers that extends beyond delivery. This approach integrates enterprise solutions and services, full lifecycle SAP solutions including our own best practice offerings, strategic application and maintenance outsourcing, as well as consulting and integration services.