Case Study
Guggenheim Real Estate
www.guggenheimrealestate.com
Guggenheim Real Estate invests across the
spectrum of the real estate market, including directly-owned
properties, public market equity, private equity (open-end) funds,
public debt securities, and high-yield private (mezzanine) debt.
The Problem
-
Partner firms--providing asset and property management
services--use a variety of property accounting systems, such as
Yardi, Oracle/J.D.Edwards, and Intuit/MRI. Each partner
also has its own chart of accounts, complicating the process of
collecting, aggregating, and consolidating results.
-
Commercial general ledger systems for fund accounting did not
meet firm's requirements.
The Solution
- Implemented a "monthly package" using AssetEye's built-in
workflow manager. The simple tabbed-display presented all
pertinent asset-level financials and captured the property
manager's executive summary and comments on variances and
delinquencies.
- AssetEye customized to contain and report data from the
variety of ad hoc solutions.
- Created a collection of standard reports for asset managers
and designated them as "favorites". Access to
most common data with a single click from user's AssetEye home
page.
|
|
