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MC | Technology | Solution Implementation

Multifamily Owner Operator

Multifamily Owner Operator

For a medium size multifamily owner operator, RealFoundations implemented Intuit’s MRI Residential solution.

Objective

  • Implement Intuit’s MRI Residential software for the Web with its related modules to support the current and future needs of the property operations business
  • Develop the application design and procedures to ensure success with the implementation, utilization and reporting from MRI
  • Redesign operating and accounting processes that increase efficiency and meet current and future business requirements and goals

Involvement

  • Implemented MRI 2.1.2 Residential for the Web with General Ledger and Accounts Payable for Windows
  • Determined accounting, building and site structures to meet corporate reporting and organizational business requirements
  • Developed and documented the system design and design decisions for each application
  • Redesigned operating and accounting processes to utilize of the functionality and efficiencies within the MRI applications
  • Developed and documented the end user procedures for the applications
  • Managed the data conversion effort of accounting and property management data
  • Conducted conference room pilot testing and system testing to validate and refine the overall system design and processing procedures

Owner Developer

Owner Developer

For a medium size owner/developer, RealFoundations implemented J.D. Edwards OneWorld Xe.

Objective

  • Transition client from Timberline to J.D. Edwards OneWorld Xe
  • Integrate property management and accounting platform
  • Redesign operating and accounting processes to ensure a “vanilla” implementation of J.D. Edwards
  • Implement solution to establish job cost and construction management processes

Involvement

  • Implemented J.D. Edwards OneWorld Xe
  • Redesigned operating and accounting processes to reduce closing cycle times and level of effort needed to produce month-end reports
  • Implemented solid job cost and contract management procedures to establish performance measures for project managers
  • Reviewed best practices for other construction firms’ Information Services department

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

  • 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
  • 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