New eBook for Real Estate Management Companies Challenges Traditional Reporting Process
Many users have resorted to complex manual workarounds – especially for rent roll reporting – rather than just accept the sub-par reports.
DENVER, Feb. 18, 2014 – InsightSoftware.com, the makers of the award-winning InsightUnlimitedTM reporting, budgeting and reconciliation solution for Oracle E-Business Suite (EBS) and JD Edwards, today released a new eBook challenging real estate management companies to rethink their JD Edwards ERP reporting processes in order to secure real-time visibility into critical industry-specific data like rent roll, lease expiration and occupancy/vacancy figures.
The eBook, “The New Rules of JD Edwards Real Estate Reporting: The Broken Process Cure,” dives into the reality of JD Edwards real-estate reporting, and offers insight and recommendations for users who are struggling to exact and leverage data from even the best ERP solutions. The eBook also outlines InsightSoftware.com’s four rules of real estate reporting:
- Reports must be flexible, not static – The real estate industry requires self-serve access to historic, current and future rents with flexible ‘as-of’ date capability.
- User-driven, historical and future views are essential – Rent roll, occupancy/vacancy views and reports require as-of capability so users can analyze historical versus future rents.
- Exception-based management is key – Getting ahead of the lease expirations curve can be hard. The key is to put summarized exception-based views in the hands of lease managers so they can drill to the supporting details.
- Self-service should be the new standard – Relevant information and the ability to easily drill down into that information must be available to all business users. This type of self-service enables real-time data interrogation—a key to user-agility.
“Every day real estate companies are struggling to make the most of stale, static data and limited options for meaningful reports. Many users have resorted to complex manual workarounds – especially for rent roll reporting – rather than just accept the sub-par reports. Unfortunately, this starts a vicious cycle of inefficiency that can be difficult to break,” said InsightSoftware.com Product Specialist Jon Loomer, one of the eBook’s co-authors. “We developed this eBook so real estate management companies can feel empowered by their ERP systems, not disappointed.”
The release of the eBook comes on the heels on InsightSoftware.com’s general availability of InsightUnlimited for Real Estate, the industry’s leading ERP real estate management and reporting solution. InsightUnlimited gives users real-time visibility into critical metrics such as rent roll, lease expiration and occupancy/vacancy figures. Co-created with leading property management companies, InsightUnlimited for Real Estate provides the specific data sets real estate users need, but JD Edwards lacks.
To download a copy of the eBook or for more information on real-time end user reporting solution that is purpose built for JD Edwards Real Estate companies, visit www.insightsoftware.com/realestate.
Since 2000, InsightSoftware.com has been committed to developing software to help JD Edwards and E-Business Suite customers solve their biggest productivity challenges. InsightUnlimited works directly with ERP software, in real-time, providing end users with a fast, easy way to report, budget, and reconcile. Today, our award-winning software is used by tens of thousands of people from a wide range of industries all over the globe.
Oracle, Oracle E-Business Suite, and JD Edwards are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
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