Real Estate Performance Management

Accruent RPM, the enterprise location management solution for retail property portfolios, integrates all real estate information and processes to help retailers right-size their store portfolio and provide the clarity and control needed to reduce construction, occupancy and facilities expenses.

Accruent automates the entire lifecycle of real estate activities through five integrated applications:

• Market Planning
• Site Selection
• Project Management
• Lease Administration
• Facilities Management

These applications work together to help retailers find, develop, and manage retail locations as a single, integrated, closed-loop process.

Market Planning

Accruent Market Planning helps you optimize the impact of real estate on your financial goals and provides the ability to quickly and accurately analyze store performance, lease renewals, market demand, and the competitive environment. You can drive greater return from your limited capital by planning holistically across all activities, including store acquisitions and dispositions, remodels, relocations, lease renewals, and closure of underperforming stores to automatically see the projected impact on operations and/or revenue. Dynamic modeling allows you to quickly determine how current project status impacts store opening goals and planned revenue or operating weeks.

Site Selection

Accruent Site Selection allows you to stay one step ahead of the competition, even in times of slower growth. By integrating trade area analysis into your real estate plans and execution, you will gain insight into potential sites that may deliver better returns than existing locations. Collaboration between top-down real estate research and bottom-up field level insight from real estate managers and brokers helps prioritize work efforts and focus limited resources on the best trade areas. You can leverage your existing investment in Geographic Information Systems (GIS) to integrate demographics and trade area maps seamlessly. Preliminary site qualification allows real estate managers to focus due diligence and negotiation efforts on the highest quality locations, thus reducing overall cycle time.

Project Management

Accruent Project Management ensures that new store and remodel projects are delivered on time and budget by providing you the capability to automate schedules and budgets, and manage a portfolio of capital projects on a program basis. It allows you to optimize your capital investment across both new and existing stores. Best practices are stored and reused to continually improve the building and remodeling of stores, thereby reducing ongoing construction errors and inefficiencies. With Accruent, rich collaborative capabilities help you streamline communication and work across a wide range of contractors and vendors. Projects are monitored, bottlenecks are identified, and schedules are adjusted in real-time — ultimately reducing cycle times.

Lease Administration

Accruent Lease Administration helps you consistently manage and control gross rental and total occupancy costs – undoubtedly your second highest expense and your company’s #1 long-term financial obligation – through easy, real-time portfolio access. The result: significantly lower overall occupancy costs and flexibility to achieve FASB and SOX compliance and controls. The application manages all contract dates, clauses, cost allocations and reconciliations, providing the strategic information you need to analyze performance, proactively manage lease renewals and co-tenancy and kick-out terms, increase store profitability, and meet long-term revenue goals.

Facilities Management