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Overview : Oracle Property Manager

Oracle Property Manager streamlines and automates lease administration and space management, enabling you to more intelligently manage your real estate portfolio. Whether you are a corporate, commercial, or retail/ franchise operation.

Oracle Property Manager is part of the Oracle E-Business Suite, and is configured out of the box to fully integrate with the Oracle Financials suite.

Oracle Property Manager Functionality automates the full life cycle of a lease as follows:

Process Flow

The following list ( Fig 1) is a typical sequence of events that you might follow to abstract a lease in Oracle Property Manager:

Key Benefits:

Integration

Oracle Property Manager is integrated with other Oracle applications, including:

Oracle Property Manager also interfaces with third party applications, such as CAD and CAFM applications.

Property Management is of interest to any organization that wants to maximize its return on real property.

Companies that own or lease real estate can allocate the cost of ownership to the employees or cost centers that use the space. Companies that lease their property portfolios to tenants can—with minimal administration burden—record their leases, schedule payments for rent and service charges, and recover rent owed.

Next Post , we will take more deep dive on some more topics and Integeration with CAD and CAFM applications.