Scribd
Upload
310 views

Oracle Property Manager

Oracle Property Manager is a software that allows users to manage properties and major real estate tasks. It provides tools for lease management, space management, workflow automation, integration with other Oracle applications, reporting, and inquiry. Key features include organizing property information, calculating lease amounts, managing space assignments, identifying important lease events, and accessing information online.

Uploaded by

sridhar_e
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
310 views

Oracle Property Manager

Oracle Property Manager is a software that allows users to manage properties and major real estate tasks. It provides tools for lease management, space management, workflow automation, integration with other Oracle applications, reporting, and inquiry. Key features include organizing property information, calculating lease amounts, managing space assignments, identifying important lease events, and accessing information online.

Uploaded by

sridhar_e
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 4

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

You might also like