The Real Estate Management Industry Leading ERP Software Is Still JD Edwards

Oracle’s JD Edwards accounting software remains the Real Estate Management industry’s leading, or “Go-To”, ERP solution, supporting investment and commercial real estate operations. In this webinar, which you can watch on demand, we shed some light on why this is the case.

Capability of the JD Edwards Module for Real Estate Management

Firstly, JD Edwards for REM handles growing portfolio’s and diversification of portfolios without having any significant impact on resources or overhead costs.

This scalability is because JDE REM has a number of key purpose-built features*:

• Pre-integrated for use with all JD Edwards EnterpriseOne applications
• Monitor occupancy and cash-flow rates
• Complete tenant and lease administration
• Occupancy analysis
• Global lease updates
• Common area maintenance caps and exclusion rules
• Common area maintenance billings
• Robust Expense Participation functionality
• Sales forecasting and inquiries
• Sales overage billings
• Escalations (CPI) billings
• Manual and recurring billings
• Security deposits
• Tenant work orders
• Holdover processing
• Management fees and late fees
• Straight-line rent accounting and reporting
• Revenue recognition
• Balance sheet lessee accounting for property and non-property assets
• Projected rents
• Critical date reporting
• Lease option and legal clause tracking
• Point-in-time reporting

*Source – JDE EnterpriseOne REM Data Sheet

Recent Real Estate Management Enhancements By Oracle

Oracle have continued enhancement of the JDE REM capabilities within the JDE 9.2 release, some of the most notable enhancements to the product have included:

• Balance Sheet Lessee Accounting for property and non-property assets
• Improvements to Straight Line Rent processing
• Bulk uploads for building and lease information

Expand Real Estate Management Functionality With The JDE Orchestrator

The Orchestrator is a No Code/ Low Code development platform for JD Edwards that facilitates a number of things.

What JDE for REM, with the Orchestrator, enables is the automation of complex processes, such as; intercompany invoicing or the preparation of accurate, comprehensive, tenant statements. JDE software for REM also manages the set up and ongoing management of expense allocation, handling complex expense scenarios while recognising expense and lease-level caps.

All these features come together beautifully to improve your cash flow, ensure maximised occupancy of properties being managed, all without putting a strain on your internal resources.