Overview of SAP Real Estate Management Functionality

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Overview of SAP Real Estate Management
Functionality
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• SAP S/4 HANA for contract, lease and real estate
  is a financial integration thats natively
  compatible with SAP S/4 HANA. This specialized
  integration is meant for the real estate
  industry, helping companies in this field to
  manage their business operation in an organized
  way.
• SAP RE FX has three broad solutions that support
  the Real Estate business management process
• Real Estate Object Management
• Space Management
• Contract Management

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Real Estate Object Management

• SAP acknowledges the fact that when it comes to
  real estate, its not just buildings that are
  considered real estate objects. The land, a group
  of buildings, the office space- all can be termed
  as real estate. SAP RE FX, which is an important
  functionality of SAP industry solutions, allows
  the creation of all kinds of real estate objects.

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Logical Space Management In SAP RE FX

• SAP gives a nice construct to how real estate
  companies manage spaces.
• There is the concept of Pooled Spaces from
  which real estate companies extract spaces to
  rent.
• Spaces that are extracted from the Pooled Space
  are called Rental Spaces. SAP suggests that the
  usage type of Rental Space should ideally be the
  same as that of the Pooled Space.
• Then there is the concept of a Rental Unit that
  can be rented as a complete object.

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Contract Management

• SAP offers an entirely flexible contract
  management functionality in its RE FX integration
  for SAP S/4 HANA. For example, you can club
  office spaces of multiple offices in a single
  contract. The system offers a user-friendly
  platform to manage contracts related to any
  lease-in and lease-out transactions. 

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Contact Silver Touch Technologies- the Reliable
SAP Partner

• SAP Real Estate management system can be tweaked
  based on the unique needs of your real estate
  business. This is where Silver Touch Technologies
  comes in. We empower real estate businesses to
  get the most out of SAP RE FX. Remember, SAP RE
  FX does not natively support buying and selling
  real estate assets. Our SAP Business One
  integration solution makes adding such custom
  functionality possible.
• Contact us today and free your real estate
  business from the shackles of business process
  complexities.

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Get in Touch with us

• Silver Touch Technologies Canada
• Email Info_at_silvertouch.ca
• Phone [phone]
• Website www.silvertouch.ca