April 12, 2010
Lucernex expert and President Joe Valeri (see Joe’s management summary here) discusses how integrated sales prediction modeling improves an IWMS.
There are many vendors of real estate software to choose from today. There are vendors that provide individual solutions for mapping and GIS technology, modeling technology, transaction management, site selection and project management technology and there are several vendors that provide individual applications for facility management and maintenance technology. Firms possessing multiple locations can choose to buy one application at a time selecting the “best of breed” to meet each major set of requirements. For example, it is very common for the construction department of multi-location firms to buy a construction project management system purely to meet that very specific need while the real estate department might choose a lease administration solution and a mapping solution and the facilities group selects capital projects and facilities maintenance applications. The groups buy based on a singularly focused set of requirements pay a fair price and implement their technology.
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Tags: best of breed, commercial real estate software, IWMS, IWMS ERP integration, location performance management :: No Comments »
March 22, 2010
Lucernex expert and President Joe Valeri (see Joe’s management summary here) discusses how integrated lease analysis improves an IWMS.
It is a big step for many companies to implement an IWMS and to simply establish a single source of all location data. It can advance a companies effectiveness substantially with that first step of IWMS use. Once this has been done successfully though, users of IWMS systems start to come up with ideas of how the system can be used to further improve their internal processes and evaluate success. By having all the data in one place, hopefully organized by location, users can begin to apply decision tools to make better decisions.
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Tags: IWMS, lease analysis, location performance management, Ms Excel financial models, MS Excel integration, Real Estate Decision Analysis, ROI Prediction, Sales Prediction, what is iwms :: 2 Comments »
March 1, 2010
Lucernex expert and President Joe Valeri (see Joe’s management summary here) provides details of why Location is the key to Real Estate Technology.
My last blog discussed the very loose definition of IWMS and how it tries to describe a wide array of very different vendors. In this blog I will discuss one type of IWMS, Location Management Software, and what the different end users may need to focus on when selecting a Location Management IWMS.
What are the three things that matter in real estate – Location, Location, Location. This old adage about real estate applies to commercial real estate technology as well. The location is what real estate is all about whether you are a 2000 store retailer, a 30 building corporation, a large hotel company or a multi-building campus – everything you do in relation to your real estate is based on a location. And, managing the performance of each location to perform optimally is the ultimate goal for each location whether it’s optimizing revenue or minimizing cost.
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Tags: commercial real estate software, enterprise location management, IWMS, IWMS Software, lease administration, location management, location performance management :: 14 Comments »
February 5, 2010
Replace Accruent SLM, IWMS, SLIM, REM with Lx Retail
Accruent’s Store Lifecycle Management (SLM) product sold to dozens of retailer and corporate users since 2004 came about due to a license sold to Accruent by Lucernex in 2003 allowing Accruent to market the Lucernex IWMS solution under the Accruent name. The core of the Accruent solution remains, in large part, the 3.81 version of Lx Retail. Lucernex has since updated the location performance management software and is now at version 9.0 having made vast improvements in the capability. The former creator of SLIM, Ken Brown, is now in charge of Lucernex product design and development after selling the SLIM product and his company, National Facilities Group, to Accruent in 2003. As a result Lucernex can provide the smoothest transition for current Accruent clients.
No first year software cost!!
To make this easy to budget, Lucernex will convert any Accruent client to Lx Retail and charge no first year fee for the software. In addition, as a conversion from Accruent is really more of a simple upgrade into the newer version of Lucernex, our professional services team will charge a simple cost plus 20% for the project.
No one can convert you from Accruent faster, cheaper or more accurately than Lucernex!
Please use our Product Information page if you are interested in talking to an Lucernex representative about our Accruent upgrade.
Tags: Accruent, Accruent IWMS, Accruent SLIM, Accruent SLM, commercial real estate blog, enterprise location management, integrated workplace management, IWMS, Lease Administration software, location management software, location performance management, NFG SLIM, real estate blog, SLIM :: No Comments »
