IWMS Key Processes
Some of the processes handled by the Lx IWMS
Lx IWMS empowers critical decision making on all levels. As the industry’s most comprehensive decision analysis and location performance management software for commercial real estate, Lx IWMS helps our customers with key processes every day.
Strategic Market and Portfolio Planning
Revenue Goals, Target Market Identification, Market Planning, Franchisee Market Segmentation, Forecasted vs. Planned vs. Actual Openings, Demographics and Performance Criteria
Portfolio Management
New Builds, Re-Los, Renovations, Closures, Surplus Property and Dispositions, Capital Projects, Multi-Facility Programs, Lease Renewals, Corporate Real Estate and Franchisees
Prototype Management
Building Design, Approved Building Types and Specifications, Site Specific Guidelines, Preliminary Construction Schedules Prototype, Change Management and Notifications
Site Analysis and Selection (Transaction Management)
Site Demographics and Performance Modeling, Location Comparables, Site vs. Site Scenarios and Analysis, Cash Flow Analysis, Lease vs. Buy, Dead Sites, Site Survey, Site Approval, Site Packs, Lease Negotiation, Proforma Lease, LOI’s, Loan Package, Loan Approval and Contract Execution
Pre-Construction Management
Due Diligence, Feasibility, Site Specific Adaptations, Budget Pro-Forma Approval, Permitting, GC Bidding and Bid Award
Construction Project Management
Milestone Tracking, Task Dependencies, Budget Tracking, Prototype Change Tracking, GC Draws, Permitting and Inspections, Procurement, Merchandising and Pre-Open/Re-Open Activities
Facility Management and Work Order Management
Post-Open Activities, Scheduled and Reactive Maintenance, Work Order Management, Capital Improvements, Asset and Equipment Management, Approved Vendors, Space Tracking, Product Catalog and Inventory.
Capital Project Management
Create Capital Programs with multiple related facilities projects. Auto-generate facility schedules and budgets from the Capital Project. View budgets and schedules at the facility level or rolled-up at the program level.
Lease Administration
Administer Contractual Obligations and Compliance, Critical Dates, Lease Terms, Options, Amendments, Responsibilities, Expense Setup and Escalations, Variable Rent, Operating Expense / CAM, Subleases, Co-Tenancy, Payment Transactions (Rent Roll), Insurance Requirements and more.
Lease Analysis
Comprehensive Cash Flow Analysis, Scenario Analysis, Lease vs. Lease Comparisons, Management Reporting, Analysis Charts/Graphs, Produce Complete Financial Report Packages.
