Real Estate Management
There were several thousands of real estate properties needed to be managed across multiple brands of restaurants located in different continents. Some were owned, others were leased. Revenue recognition comprised rent revenue, restaurant revenue share, coupled with inflation linked for escalation of rent. Revaluation of assets, amortization, automatic revenue accounting, deferred revenue accounting were the complexities.
Complexities were reviewed
Real estate management needs were determined
SAP REFX solution designed and architected
Solution implemented successfully
Scenarios and processes defined
Solution designed and validated
SAP REFX leveraged and solution powered
Business Benefits Harvested
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