Oracle Property Manager – An Overview
The management of a property portfolio from a corporate or commercial perspective is a responsible and often time consuming task. With the high value and volume of transactions often involved, it is critical that this area of a business is managed in an efficient way using tight controls.
Oracle´s Property Manager module provides organisations with the tools to improve the management processes of both their internal or external property portfolios. From a corporate management perspective, Oracle Property Manager provides tools to map and visualise internal floor space, allowing organisations to manage occupancy and determine under-utilised floor space. Further functionality ensures that occupants can be charged based on occupancy, whether this is to internal or third party occupants.
From a commercial perspective, Oracle Property Manager provides functionality to maintain and track property leases. Full integration with Oracle´s Accounts Payable and Accounts Receivable modules ensures that payments to landlords or bills to tenants can be generated in a timely and efficient manner and that any rental increases can be handled automatically.