VP Corporate Edition™Overview
Advanced Real Estate Asset Management Software designed for Corporate Tenants, Users and Occupiers.
The Corporate Edition of the Virtual Premise Global Real Estate Management System™ is designed to meet the unique needs of tenants, users and occupiers of commercial real estate. Designed to meet the needs of any size corporate real estate department, current users manage as few as 50 locations, to more than 20,000 locations, using Virtual Premise. Because Virtual Premise does not limit the number of users who can access the system, you can make critical location-based information available to as many of your internal customers, or external vendors, as needed.
The VP Corporate Edition™ includes a Portfolio Management Module that easily handles any kind of owned or leased properties and includes a full-featured Lease Administration system that can be integrated with virtually any corporate accounting system. The integrated Project Management Module allows users to efficiently manage their acquisition and disposition transactions, new build construction, renovations and remodels, expansions, contractions and just about any other kind of project you may require.
Many Fortune 1000 companies have come to rely on Virtual Premise Global Real Estate Management System™ because it delivers system-enabled capabilities that add up to immediate and measurable results:
Capabilities include:
Raise the bar and quickly rise to new challenges with Virtual Premise. Decisions are only as good as the information on which they are predicated. Timely, accurate business intelligence from your corporate real estate management business unit is imperative. The Virtual Premise Global Real Estate Management System™ will grant the material, strategic real estate advantages you need to maintain your competitive edge.
Virtual Premise recognizes, of course, that the last thing you care to do is waste time on a long, drawn out workplace management system implementation. New technology does not have to be disruptive. Our philosophy is to start simple. Adjustments can be made over time and when you’re ready. Get out of the gate and well on your way with our Virtual Premise Global Real Estate Management System™. With Virtual Premise you get a high octane system and phenomenal fuel economy. All of the above translates to a shorter implementation cycle and lower learning curve trajectory compared to others -- and a shorter time-line to realize system-enabled capabilities that deliver immediate, measurable benefits. Read on.
You were hired as a real estate expert
Spend more time on what they hired you for -- managing and advising the executive branch -- and less time on compiling reports, spreadsheets, and other laborious documentation on your corporate real estate portfolio. The Corporate Real Estate Edition™ of the Virtual Premise Global Real Estate Management System™ streamlines queries and reporting, elevating you out of the administrative inertia and onto higher ground—and avail yourself and your organization of new perspectives from the Virtual Premise vantage point.
Integrated workplace management systems
The key word is: “integrated.” Don’t be held hostage to past technological decisions or fearful of what the future may hold. The Virtual Premise Global Real Estate Management System™ works with all of the leading software platforms, extending real estate information into numerous functional areas. Leverage existing technology investments in finance, facilities management and real estate with our solution for integrated workplace management.
Centralization? Decentralization?
Consolidate multiple sources and types of data and access it, no matter how geographically distributed your real estate portfolio -- or your staff. Corporations have typically gone through cycles of centralization and decentralization and back again. No matter. That’s why our system is called the “Global Real Estate Management System.” Your data is “well contained and maintained,” no matter the number of locations or how disbursed your staff and your locations are.
Sustain service levels with the C-Suite
Your internal customers’ demands (accounting, finance, board of directors, etc.) consume your and your staff’s attention, time and energy. Timely, accurate and highly accessible real estate management information is your new gold standard with the Virtual Premise Global Real Estate Management System™. Your executive peers will come to appreciate and trust the intelligence. Plus, in a dynamic market, accurate and timely information fuels more confident decision-making. Boost your service levels and customer satisfaction with Virtual Premise.
Taming the paper tiger
Leases contain options and critical dates—the trouble is, they’re typically buried in the lease management documentation. Launch lease management queries and scrutinize contractual terms for pivotal dates and financial parameters to deliver significant operations cost savings. Timely lease renewals and accurate monthly payments to landlords are dependent on accurate readily accessible lease administration data regarding expiration dates, option dates, escalation clauses, percentage rent clauses, and maintenance fees, to name a few. The Virtual Premise Global Real Estate Management System™ retrieves the urgent details you need, whether determining correct payments, or auditing CAM, turning extensive facility management data into actual useful information.
“Efficient CAM Reconciliation” is not an oxymoron
Annual CAM reconciliation efforts can be frustrating, fraught with many hours auditing and investigating that at times yield only marginal returns, particularly because most existing software and processes are more subjective and ineffective. The Virtual Premise Global Real Estate Management System™ automates many of the processes associated with reconciling annual expenses, including CAM, and makes recoveries lease-based and objective. With Virtual Premise, you can maximize recoveries in the reconciliation process and avoid spending time on no- or low-payback efforts. The Virtual Premise Advanced Desktop Audit Manager (ADAM) is available in a stand-alone form- or as an addition to our flagship product, The Global Real Estate Management System.
Pain-free Sarbanes-Oxley audit and compliance
Facilitate compliance, both internally and externally, by utilizing detailed workflows and processes in the Virtual Premise Global Real Estate Management System™ to support real estate management activities. In all functions of real estate transactions, from acquisitions to managing critical dates to processing and paying invoices, Virtual Premise provides an auditable trail of lease, project and resource history that is always accessible by users. With Virtual Premise, audits take hours, not days or weeks.
When push comes to shove
Rise more effectively to new challenges with expanded capabilities that provide you the means to execute projects more efficiently, and optimize resources more effectively. Virtual Premise helps you rise to the tasks of dealing with acquisitions, dispositions, consolidations, and expansions with well-designed portfolio management, transaction management, and project management functionality. Whether it’s finding strategic insights about your portfolio; comparing transaction metrics side-by-side or against transaction history; or managing project tasks and a host of vendors—all are possible through The Virtual Premise Global Real Estate Management System™. |
