As digital transformation has created a growing demand for connectivity. The explosion of big data with the Internet of Things (IoT), and constant technology innovations to efficiently manage the complex real estate portfolio require simply connected IT solutions. Deployment of these solutions on-premise requires different servers to be purchased for a different solution, which not only adds to the redundancy, but also leads to the requirement of additional employment, which further increases the cost-to-completion of the project.
Over the past two decades, business processes have evolved. Organizations have found that with the right software, they can significantly improve profitability and business operations. This especially applies to managing real estate facilities and expenses, where software can lead to increased savings. To support growing technological and digital trends and address current challenges in real estate, SAP has created SAP Cloud for Real Estate, a strategic financial cloud application that provides centralized information about an organization’s corporate real estate portfolio.
With SAP Cloud for Real Estate, facility managers and lease administrators can manage real estate lease agreements, with all payment and valuation postings being recorded in real time within SAP S/4 HANA, providing real estate vendors with a holistic solution to manage operations without additional infrastructure and employment costs. SAP Cloud for Real Estate enables real estate professionals to manage occupancy, utilization, associated costs and impact employee productivity based on real-time information.
For more information about SAP Cloud for Real Estate and how we can help getting it up and running, you may contact us at info@goldinmotion.net.