SAP Real Estate Management Customers Tout Soaring Efficiencies at Global Events
WALLDORF, Germany . - SAP AG (NYSE: SAP) today announced that SAP customers, including Absa Bank, City of Vancouver, Halliburton, Royal Dutch Shell Group, SGAL and Swiss Post, will showcase at the upcoming International SAP Real Estate Management Conferences how they are utilizing the SAP® Real Estate Management application to build valuable efficiencies across their real estate portfolios.
SAP customers will demonstrate the top- and bottom-line growth they generate with SAP at the International SAP Real Estate Management Conference in Amsterdam, Netherlands, Sept. 29–Oct. 1, and at the Americas’ SAP Real Estate Management Conference 2008 in Philadelphia, Pa., Oct. 21–23. At each conference, SAP experts, partners and customers will discuss and demonstrate how SAP Real Estate Management helps corporate, commercial and public real estate managers to achieve transparency, streamline their business processes and support investment strategies.
For most companies, real estate represents both a tremendous financial asset and a high operating cost. In a recent Aberdeen study1, 71 percent of enterprises surveyed said the role of real estate and facilities lifecycle management (REFLM) has become more strategic over the past two years for its ability to positively impact the bottom line.
“Companies now realize that the spaces they occupy can be strategically managed and help deliver savings and efficiencies to the enterprise,” stated Bill Browning, research analyst, Aberdeen Group. “However, as they come to this realization they also understand that they need adequate solutions and systems to get the visibility to drive performance and manage their portfolio of real estate and facilities throughout their duration of occupancy.”
Companies in more than 60 countries across all industries use SAP Real Estate Management to optimize real estate and facilities life-cycle management.
SAP Real Estate Management is part of the SAP® ERP application and supports all phases of the life cycle of real estate assets, including the acquisition or disposal of real estate, management of the real estate portfolio, property and facilities management, as well as accounting and reporting. SAP expects customers to take advantage of the fourth enhancement package, which will be available in late 2008 and will include innovations in SAP Real Estate Management. This new functionality supports enhanced corporate real estate scenarios such as simplified management of space, rooms and moves, as well as improved support for real estate analytics and lease management.
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