Oracle Property Manager is part of the Oracle Real Estate Management solution.
You can use Oracle Property Manager to manage your properties. Oracle Property
Manager provides you with tools to organize the information you use to manage
major real estate tasks.
Oracle Property Manager includes the following scenarios to organize the
information you use to manage major real estate tasks:
Lease Management
Space Management
Workflow Automation
Integration
Reporting
Inquiry
Lease Management
Lease management is at the center of the real estate management function. With
Oracle, you can control and oversee a variety of lease management tasks such as:
Abstracting basic lease information from lease documents
Modifying and amending leases
Calculating lease amounts
Creating invoice schedules
Exporting invoices to Oracle Payables and Oracle Receivables
Property Portfolio Management
You can use Oracle Property Manager to identify, define, and manage owned and
leased property, keep records of physical features and facilities, and maintain
comprehensive records of property-related data such as:
Geographical location
Tenure
Condition of property
Parties involved
Type
Space Management
Property Manager makes it easy to allocate space in leased and owned locations.
You can specify details for the following spaces:
Regions and office parks
Buildings
Floors
Offices
ASSIGNMENTS
Properties can be assigned to either employees or customers at any of the levels
described above. With each of these assignments, cost centers or GL codes can be
associated for revenue or costing purposes. The facility to record
Project/Task/Organization data has also been provided. The system provides
statistical information on the assignments and total occupancy at the building, floor
and office levels. Query screens are provided to enquire on the assignment data at
each of the levels.
Workflow Automation
During the life of the lease, certain events often require action by your Company in a
timely manner. With Property Manager, you can identify those specific events and
schedule the appropriate employee action.
Event Notification
Property Manager includes a Milestone feature, with which you can create
milestones for key lease events, such as:
Lease and option expiration dates
Insurance payment and renewal requirements
Payment expirations
Integration Oracle Applications
Oracle Property Manager is integrated with other Oracle applications including:
Oracle General Ledger
Oracle Payables
Oracle Receivables
Oracle Human Resources
Standard Reporting
Property Manager provides a set of inquiry windows and standard reports. You can
produce standard reports to review:
Lease provisions
Rent schedules
Milestone analysis
Cash flow
Space allocation and utilization
Online Inquiry
Online inquiry screens provide you with instant access to critical information:
Lease provisions
Lease amendments and edits
Service provider information
Transaction history
Payment and billing information
Location configurations and usage
Rentable, usable, and vacant area
Optimal and maximum capacity
Employee space assignments
Key Benefits:
Improve Process Controls
Reduce Capital Spend
Minimise Occupancy Costs
Maximise Space Utilisation
Lower TCO
