SUMMARY:
An international, long-term savings group engaged Analyze Consulting to assist its Real Estate Management and Property Management divisions. Specifically, they needed to better manage their many leases across various business units and saw the value of getting a consolidated view of all their leases.
THE ANALYZE SOLUTION:
An analysis of the current model was done, with the initial focus on high-level business and solution requirements. The aim was to identify issues and to understand the business challenges.
Some of the identified issues included:
- Software that was approaching end-of-life, limited resource availability that was compromising support and continuity, an inability to manage process compliance and poorly defined processes for managing facilities.
- In addition manual, paper intensive processes were used to manage property portfolios, intensifying the risk of missing critical lease dates and misplacing important lease documentation.
- There was also no provision for management information needs.
Our initial assessment was then followed by an evaluation of potential software solutions and the selection of an appropriate technology platform.
Ideal business and system processes were then developed that included all critical requirements.
THE OUTCOME:
Throughout all phases, Analyze played the vital directive and intermediary role between the
business and technical teams.
With a solid plan and picture in place, a suitable software solution was selected and various modules were implemented to address the business requirements. Among many other knock-on benefits, the client reports:
- A clearer understanding of occupancy costs
- Cost and time savings, thanks to the centralised storage of information
- Uniform processes have led to more focus on strategic planning without losing the crucial lease management support
- As the solution is also integrated with the group financial and related systems, it has become an end-to-end information tool that covers admin as well as financial information.
“Throughout all phases, Analyze Consulting played the vital directive and intermediary role
between the business and other various technical teams.”
If you’d like a free PDF of this Case Study, download it here.
Looking to meaningfully shift behaviour, optimise business processes, or streamline your tech? Get in touch.
