JSE-listed CCH has announced Peregrine Systems` Real Estate Portfolio Manager, an application to allow property portfolio managers proactively to handle all aspects of what has historically been a paper-laden, distributed process.
Delivered as an application service over the Internet, Real Estate Portfolio Manager sees Peregrine apply its expertise in end-to-end lifecycle asset management to corporate real estate portfolios.
"With real estate and facilities comprising the largest infrastructure expense to an organisation, it is vital to get a handle on costs. Even the smallest changes in efficiency can translate into potentially dramatic savings or devastating losses," says Allen Lewis, Peregrine Systems GM at sole local distributor CCH Enterprise Solutions. "Peregrine`s expertise and best practices in managing all of an organisation`s critical assets, including real estate and facilities, will help organisations to run effectively and efficiently while realising a significant return on those assets."
Ideal for global organisations, Real Estate Portfolio Manager is designed to address the different needs of properties and projects around the world. Transaction formats for different currencies and units of measurement reflect user needs, while payment cycles are customisable. Documents, contracts and other critical information stored thousands of kilometres apart can be readily accessed and managed, ensuring that proper practices are followed and obligations met.
"In today`s global economy, real estate portfolios include undeveloped land, projects and finished property that has been leased, purchased or otherwise acquired," notes Lewis. "These portfolios typically encompass local, national and international properties and projects. Diverse real estate portfolios require the efforts of many professionals to manage the many types of requirements and obligations inherent with contracts, properties and projects."
Real Estate Portfolio Manager provides the right information to those who need it while limiting access to authorised users. This guards confidentiality of sensitive information, and it manages the many financial aspects of the portfolio.
Part of a comprehensive infrastructure management solution, Real Estate Portfolio Manager integrates with Peregrine`s FacilityCenter and other Peregrine applications. Real Estate Portfolio Manager is built on Peregrine`s next-generation open application architecture and is tightly integrated with Peregrine`s Get.It! family of employee self-service applications.
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