FacilityCenter® 8i's Real Estate Solution

Real estate and facilities are typically the second largest cost center on a balance sheet after employees. Therefore, the ability to effectively track the costs and leases associated with these properties is critical to the success of your organization. The FacilityCenter® 8i Real Estate Solution is designed to help you do this by offering powerful tools such as:

Contract Manager

• Track and manage any type of contracts, from leases to service level agreements
• Centrally store and track all contract documentation and information, including associated assets, critical dates and actions, financial transactions, options, conditions, and clauses
• Flag upcoming critical dates or required actions from both an owner/supplier and tenant/purchaser perspective
• Integrate with fixed asset accounting and corporate financial ERP systems

Project Manager

• Create hierarchies, set permissions, and manage documents on a project-by-project basis
• Create project specific workflows, messages, data, budgets, and interfaces
• Separate projects to ensure optimal customization options while providing the highest level of data security and integrity possible

Finance Manager

• A convenient and powerful way to keep on top of budgetary issues that affect operations
• Track budgets, allocations, contract payments, project expenditures, work order charges, receipts, and other cost-related items
• Associate cost items with the appropriate budget centers, cost centers, charge accounts, and budget lines
  

The FacilityCenter 8i Real Estate Solution also includes the functionality found within the Portfolio.