Revamping Realty & Space Management

What is Environmental Health & Safety Solutions?

How to settle real estate maintenance costs, allocation of profits particularly to respective branches and outlets, profitability of individual units be measured? Standard ERP system is not proficient enough in addressing these vital queries; hence, the need for a dedicated real estate management solution - SAP Real Estate Management (SAP RE-FX).

In today’s globalized and competitive environment, the most important strategy is to optimize the assets, ensure property portfolio insight, & reduction of cost, thereby enhancing the ROI & TCO for all the enterprises. To address the complete lifecycle of the realty process, evolving customer demand, workforce availability, government regulations and compliance, managing the information & data, state of the art solutions is the need of the hour. Nexus Real Estate solution encompasses the complete ecosystem from acquisition, responsibility & accountability, maintenance & control, utilization & disposition and uses the digital technologies based on industry specific Best Practices to optimize and streamline the enterprises realty processes. Our solutions are totally seamlessly integrated with back-end operations & financials which enhance the enterprises real estate performance, building management, lease accounting, and many more.

  • Real Estate object Management

    Dual view of master data- architectural view & usage view Manage all types of real estate objects- business entity, land, building, rental unit, rental space, & rental room objects etc.
  • Contract management

    Real estate contracts of the lease-in & out category General vendor & customer contracts Security deposit agreements G/L account contracts
  • Space optimization

    Account for architectural structures, usage attentions, and technical amenities & features Define spaces flexibly and rent them Represent real estate objects visually-graphically & CAD
  • Financial management

    Comply to the accounting standards Control cash flow & expenses Bill customers for space occupancy Post to internal cost centers Costs Recovery-from any number of occupants
Solution Overview:

Our real estate solutions help the enterprises addressing their complete realty management processes, integrating directly with the finance module. With Nexus industry & subject matter knowledge, insight of over many years of experience, the solution has been designed to meet the requirements of all the enterprises in a cost-effective manner, adhering to all the accounting standards.

We offer standard solutions that can be enhanced with functional add-on to provide solutions as per the customer business requirement.

  • Partner Management
  • Property Management
  • Lease Management
  • Service Management
  • Financials Management
  • Profit Centre Accounting
  • Bill of Quantity process
  • Authorisation Matrix
  • Real-time Reporting
  • Document Management System
Sap Re-Fx Compliant With New IFRS16 Accounting Standard

No longer required to treat financial and operational leases separately from the accounting perspective and thereby eliminating “off-balance” sheet accounting for leases. The objective of this new lease accounting rules is - increased transparency and user enablement in assessing of the organization’s leases impact on the financial position and cash flow.

Why Sap Re-Fx Is The Preferred Solution For Real Estate Users To Comply With The IFRS16 Lease Accounting Standard?

  • Single central tool - complete contract management
  • Straight FI/CO integration
  • Business partner integration
  • Possible to valuate different objects in one contract with different conditions
  • Multi-GAAP accounting

Benefits of the solution:

  • Enhance the “charging back costs” process; and reduction in administrative expenses by issuing invoices.
  • Space occupancy of internal and external occupants - Manage & track.
  • ncreased efficiency-due to Management of shared use space.
  • Improved business & Data analytics and management of immovable real estate assets
  • Automated lease administration and management processes to increase efficiency, reduce errors, segregation of duty and avoid penalties.
  • Streamlined real estate processes – of defining, allocating, and workflows of approving portfolio costs integrating directly with AP & AR
  • Offered on S4 Hana on-premise, and Cloud for Real Estate for the mobile solution
  • Standardized and improved contract and invoice generation, reports, contracts maintenance contracts - Per unit cost clearance process.
  • SAP REFX property management process lifecycle – provided complete representation: from investment planning, implementation monitoring, area management, contracts, taxes, maintenance, administration, to reporting
  • SAP Real Estate Management (SAP RE-FX) - a complete tool for controlling and reporting data, security, regulatory compliance for property/Non-property management