Accruent for Retail

Product Suite

As your #1 revenue source and #2 expense, real estate presents a significant opportunity to drive business performance. Accruent offers an integrated, enterprise-wide application suite built specifically for the retail industry. It addresses the full spectrum of real estate, store development and management activities including: market planning, site selection, project management, lease administration and facilities management.

Accruent Market Planning

Accruent Market Planning helps retailers open more stores, faster by giving real estate managers the information to better identify target areas for store openings. With Accruent, Real estate managers develop smarter plans by better understanding the performance of real estate stores and using these best practices to develop their real estate plan, determine the best selection criteria and the optimal deployment of resources. Target areas are visualized for easier analysis and automatically adjusted in real-time to reflect changing market conditions.

Accruent Site Selection

Accruent Site Selection allows retailers to stay one step ahead of the competition. By integrating trade area analysis into their real estate plans, retailers gain a competitive advantage in the race for space. With Accruent Visualization capabilities, real estate managers are able to experience data in a highly visual manger, enabling them to rapidly identify, compare and match more real estate opportunities in target areas to specific selection criteria. The automation and streamlining of the broker/landlord communication and paperwork by Accruent, enables real estate managers to close faster on prime locations.

Accruent Project Management

Accruent Project Management helps organizations open new locations and manage capital projects, like remodels, build-outs and expansions. It ensures that projects are delivered on time and on budget by providing the capability to automate schedules and budgets and manage a portfolio of capital projects on a program management basis. The application’s project status summary displays key financial information -- including variances, projections, allocations and budget alerts -- providing a concise overview of your capital expenditure activity and its impact on total project costs. With Accruent, rich collaborative capabilities help retailers streamline communication and work across a wide-range of contractors and workers. Projects may be monitored, bottlenecks identified and schedules adjusted in real-time – ultimately reducing cycle times.

Accruent Lease Administration

Accruent Lease Administration manages business critical information about all real estate holdings, whether leased, owned, or sub-leased, and recovers substantial costs simply by enforcing compliance. The application’s rent accounting functionality helps keep expenses in line by ensuring automation of accurate rent payments throughout the life of the lease, as well as capturing all expenses related to the location to help determine total occupancy costs. The module also manages all contract dates, clauses, cost allocation and reconciliations, providing the strategic information you need to reduce total occupancy costs, increase profitability, analyze performance, enable financial and regulatory compliance and meet long term revenue goals.

Accruent Facilities Management

Through improved data management and information tracking, Accruent Facilities Management helps avoid costly breakdowns and over charging. By centralizing all maintenance history and critical documents, facilities managers will be able to review information quickly and make better repair and billing decisions. The application improves financial control through a centralized system that tracks work order bids, matches change orders with actual amounts billed, and processes payments. To facilitate proactive maintenance planning with resources and vendors, it also keeps organizations informed about the “who, where and what” of every interaction. Accruent Facilities Management measures vendor performance with empirical criteria and helps improve future vendor contracts using pre-defined, objective measures.