Commercial firms choose PeopleSoft.PeopleSoft Inc. announced that commercial real estate companies New Plan Excel A full-featured spreadsheet for Windows and the Macintosh from Microsoft. It can link many spreadsheets for consolidation and provides a wide variety of business graphics and charts for creating presentation materials. and Granite granite, coarse-grained igneous rock of even texture and light color, composed chiefly of quartz and feldspars. It usually contains small quantities of mica or hornblende, and minor accessory minerals may be present. Properties have implemented PeopleSoft EnterpriseOne Advanced Real Estate Forecasting. These companies have integrated the PeopleSoft AREF AREF Army Reserve Expeditionary Force solution with their existing PeopleSoft Real Estate Management and Financial Management solutions to provide a comprehensive view of their financial forecasts. As a result, they are able to develop planning budgets based on multiple lease scenarios for a period of up to 15 years. Commercial real estate companies are challenged with managing individual budgets for numerous building projects. They are also required to accurately project revenue and expenses based on multiple property transaction case scenarios. PeopleSoft AREF integrates transactional, budgeting and forecasting processes, enabling these companies to streamline their budgeting and reporting and rapidly receive accurate revenue forecasts in real time. This information allows companies with real estate portfolios of all sizes to make more informed decisions regarding their investment portfolios, provide better guidance to their stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. and allocate To reserve a resource such as memory or disk. See memory allocation. resources based on up-to-date revenue projections. "The PeopleSoft AREF solution is enabling New Plan to improve the accuracy of the real estate forecasting process," said Bob Lieberman, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of New Plan Excel. "We ate confident that the solution will increase user access because consolidating budget and project data on the same integrated platform provides our users the increased level of detail that they have been requesting." |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion