Oracle
Property Manager provides you with tools to organize the
information you use to manage major real estate tasks, including
lease administration and office space allocation.
You
can also produce reports that present your records in a
variety of formats, depending upon your business needs.
Property Manager can create your billing and payment schedules,
and is integrated with other Oracle applications.
Other
features include;
Lease
Management
Amending
and Editing Leases
Scheduling
Payments and Billings
Property
Manager automatically generates payment or billing schedules
for each lease you define, normalizing the payment or billing
stream in accordance with GAAP (Generally Accepted Accounting
Principles). You can then review these schedules each period,
authorizing them as they become due. You can also track
lease payments in multiple currencies and export payments
to your accounts payable system in the currency of your
choice.
Index
Rent Increase
You can use the Index Rent Increase feature to automatically
increase base rent either by a fixed percentage or by an
amount proportional to the index change for the remainder
of the lease term.
Variable
Rent
Space
Management
Integration.
Oracle
Property Manager is integrated with other Oracle applications,
including:
