| 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:
These applications work together to help retailers find, develop, and manage retail locations as a single, integrated, closed-loop process. Market PlanningAccruent 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 SelectionAccruent 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 ManagementAccruent 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 AdministrationAccruent 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 ManagementAccruent Facilities Management helps you rapidly identify, troubleshoot, and solve countless maintenance issues at hundreds or even thousands of locations to ensure your stores are open and operating. Combining work order processing with comprehensive preventative maintenance capabilities, the application dramatically improves your ability to address issues, often preventing problems before they happen, and actively manage costs. |
Publications
Where Success Happens
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BAE Systems’ Information Systems Sector (ISS) reduced its vacancy rate from 12% to 3%, yielding a 75% improvement in facility utilization.
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AMR Research Features Accruent as Innovator
Bruce Richardson, AMR Research, says Accruent is “a magnet for organizations looking for cost savings in a distressed economy.”
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Accruent Announces Rapid Adoption of FAMIS Xi
Customers embrace company’s technology leadership and ability to provide long-term security and value. -
Accruent’s FAMIS solution provided a 100% annual return on investment for California State University, Long Beach.
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Leading Companies Turn to IWMS to Rein in Real Estate, Facilities Costs
Innovative organizations are setting their sights on the second largest expense item on their income statement – real estate and facilities operations.