Challenge
Pears Global’s property portfolios are managed by different administrators using individual ERP systems, resulting in scattered data, low transparency, and difficulty having an overview of the entire portfolio. No common asset database existed, which led to manual and time consuming accounting and finance reporting.
Solution
Introduction of a digital asset management solution for Pears Global's portfolios, which gathers information from different property management systems as well as enabling Pears Global to store key metrics and evaluate new investments. Pears can act proactively on critical events that require immediate attention now that a notification engine has been created as part of the solution.
Impact
The solution ensures transparency, greater productivity, automation of manual work, less dependency on external administrators, analysis of investment opportunities and reduce the risk of bad investments.
- Less dependent on external administrators
- Increased transparency
- Improved ROI
- Easier internal communication
- Reduction of manual processes