Virtual Premise Helps Customers Increase Profitability by Aligning Real Estate Operations with Company Objectives
UPS Connects Global Real Estate Initiatives for Timely, Accurate Decision Process
Atlanta, GA-based UPS (NYSE: UPS) needed to find an efficient way to make timely and informed decisions to manage costs effectively across the company’s global real estate portfolio. Read how the VP Corporate Edition allowed UPS to streamline portfolio operations and manage monthly rents. The system provided visibility for upcoming critical dates to decentralize lease management and aggregate information for reporting.
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Virtual Premise Implements Comprehensive Real Estate Information Management System for Retailer in Only Four Months
This U.S. multi-branded retailer did not have a centralized real estate information management system in place to streamline business processes leaving their company goals in jeopardy. A tight deadline for implementing the VP solution was mandatory with the approaching holiday season and an imminent "code freeze." Learn how global implementation of the VP solution for 1,200 stores took place in only four months, supporting the company's strategic real estate-related goals.
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Virtual Premise Lease Services Helps Insurance and Investment Company Sucessfully Complete a Strategic Company Acquisition
This leading provider of insurance solutions and investment products was challenged with executing the transition of 300 loans to their custody after a company acquisition. Read how the Virtual Premise Lease Services team reviewed, organized and delivered the loan packages to the customer's headquarters four weeks ahead of schedule. Loan packages received the highest standard of security and remained in active status during the entire process.
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Virtual Premise Helps Manufacturer of Floor Coverings Effectively Manage Real Estate and Non-Real Estate Leases
This major flooring company needed to consolidate all real estate and non-real estate lease information into one central locationl to eliminate detrimental information silos. All leases were previously stored in over 30 spreadsheets which caused inefficiencies and data inaccuracies. Learn how this customer now manages over 5,000 real estate and non-real estate leases in the VP system. This customer has improved work flow processes and is now well prepared for upcoming FASB changes.
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Virtual Premise Helps Seasonal Retailer Successfully Open 900+ Stores Each Year
This seasonal retailer faces the unique real estate challenge of opening and closing more than 900 individual stores each year, which requires the evaluation of three to four sites for every store opened. Learn how this customer uses the VP Retail Edition to properly rank and pursue favorable potential stores sites, including viewing deal comparisons and extensive ranking criteria. The VP technology solution also facilitates the creation of the common documents needed for the lease execution process for all of these properties.
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Virtual Premise Helps Verizon Wireless Stay Connected to Critical Information
The need to aggressively and efficiently expand retail locations drove Verizon Wireless to implement the VP Retail Edition. Integrations with other internal business systems provides Verizon Wireless staff access to location-level information, transactions, facilities management and work order details.
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Easy Call. One-stop solution takes static out of real estate decisions for Verizon Wireless
Learn how Verizon Wireless expanded nationally its use of the VP Retail Edition to manage all of the disparate data needed to make good business decisions regarding use of its real estate assets. The resulting collaborative environment means that stakeholders have instant access to comprehensive information that can drive decision making and impact the overall profitability of a store portfolio.
From an article in Stores Magazine.
Virtual Premise Connects Real Estate Information Across the Organization and Around the Globe for Rockwell Automation
The company needed to eliminate redundant data entry of real estate information into multiple independent business systems which caused inefficiencies and data inaccuracies. With limited user access, efficient collaboration and reporting on real estate information was impossible; a situation no longer acceptable for a company spanning hundreds of locations in 45 countries. Learn how the VP Corporate Edition has provided Rockwell employees and external services providers around the global with real-time access to information when and where they need it.
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Top Five North American Bank Selects Virtual Premise to Consolidate ATM, Corporate and Bank Branch Real Estate Information into One Central Location
This major banking customer expanded its use of the Virtual Premise solution to include management of its national network of more than 8,000 remote ATMs. This customer had already been using the VP system to streamline corporate and bank branch acquisition, disposition and lease renewal processes across its entire corporate real estate portfolio. Read how the Virtual Premise solution provided the flexibility the bank needed to manage all lease administration information that is specific to each ATM, such as lease terms and security requirements, as well as all operational data related to installation and upgrades.
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