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MC | Finance Transformation | Core Process Optimization

Property Management Company

Property Management Company

For a startup property management company specializing in tax credit assets, RealFoundations performed several services, including the establishment of both commercial and multifamily asset management operations and the implementation of the J.D. Edwards OneWorld Xe Property Management application.

Objective

  • Assist in developing a Commercial Property Management organization
  • Assist in developing a Multifamily Property Management organization
  • Assist in selecting a multifamily site management solution
  • Implement J.D. Edwards OneWorld Xe Property Management solution for the Commercial Property Management group

Involvement

  • Established a framework of leading practices, organizational structures and processes for a Commercial Property Management organization
  • Established a framework of leading practices, organizational structures and processes for a Multifamily Property Management organization
  • Performed work sessions and interviews with core personnel to determine a multifamily site solution best suited to meet market, HUD and Tax Credit assets
  • Implemented J.D. Edwards OneWorld Xe Property Management solution in 45 days for the Commercial Property Management organization

Multifamily Developer

Multifamily Developer

For a large multifamily developer, RealFoundations implemented J.D. Edwards OneWorld Xe and assisted in refocusing certain processes to site personnel.

Objective

  • Establish revised processes to reduce accounting staff by 30 people
  • Improve Construction and Development processes for all Regions
  • Establish Change Management solution to address both internal and Owner Change orders
  • Implement J.D. Edwards OneWorld Xe
  • Establish Site Payables solution

Involvement

  • Established leading practice processes for several departments and reduced accounting department staff by 25 people
  • Implemented more efficient and common processes for Construction and Development groups
  • Implemented J.D. Edwards Change Management solution to address both internal and Owner Change orders
  • Implemented J.D. Edwards OneWorld Xe (Financial and Project Management modules)
  • Implemented J.D. Edwards payable solution for sites