Manhattan’s New Strategic Performance Management Solution set to Improve Accuracy of Portfolio Planning |
New strategy planning tool will fill void in property software marketLondon (20th Aug 2010) - With strategic portfolio planning playing an increasingly vital role in managing change in today’s volatile corporate property market, Raindrop Information Systems’ Manhattan Software is launching a ground-breaking Strategic Performance Management module designed to improve the speed and accuracy of the planning process. Aimed at Investors, Portfolio Managers and Analysts – either internal or external to an organisation – the new automated modelling and forecasting tool has been developed to fill a major gap in the property software market for a dedicated strategy development application. According to CoreNet Global, strategic performance management is emerging as the 'tip of the spear' for corporate real estate organisations that need to become corporate change agents. The Manhattan Strategic Performance Management (SPM) module is designed to meet the growing need for greater portfolio and workplace flexibility. It provides a decision-making framework for portfolio analysis and performance, and also ensures that the development of property strategies is based on a solid financial platform. The Strategic Performance Management tool improves the annual planning process by combining data from different business units and disparate systems into a single platform. This can then be utilised to project forward forecasts and actuals, and to conduct variance analyses. It allows users to view graphically how their portfolio is performing, reduces budgeting and forecasting times while eliminating errors, and automates rolling forecasts with multiple scenarios and what-if analyses. Steve Vatidis, Managing Director, says: “Strategic Performance Management provides a powerful yet intuitive reporting tool. It improves company-wide participation, communication and alignment, and helps managers to make better-informed strategic decisions.” He adds: “In today’s volatile economy, no tool has ever been more important to property professionals and managers who have to make major financial decisions.” About Manhattan Software Recognised as a leader by Gartner, Inc., in their Magic Quadrant for Integrated Workplace Management Systems (IWMS), the Manhattan suite comprises of over 30 modules designed to manage the complete property life-cycle and meet the requirements of real estate managers, investors, owners, occupiers, asset managers and property managers. With its heavy emphasis on research and development, quality assurance, system testing and customer support, Manhattan has built a substantial high-quality user base of multinational organisations - many with multiple locations around the world. Manhattan can be installed at clients’ sites as part of their IT infrastructure, or through the Manhattan Software-as-a-Service (SaaS) offering. For further Information:
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