London (6th April 2009) - Manhattan Software has done it again! March saw the ‘go-live’ of another shopping centre positioned in the heart of a major Iberian City. The shopping centre is owned by a global supplier well known throughout the world for its unique branding and well designed, functional home furnishing products with prices so low that most people will be able to afford them.

With an enviable timeline of store and shopping centre openings this highly sought after brand stands head and shoulders above the rest. This is the fifth country in which the Group is now using Manhattan. With over 100,000 m2 GLA and 210 shops, this really is an iconic centre and one with which Raindrop are proud to be associated.

The main processes involving Manhattan are taking in the receipts for service charges, turnover rents and the production of invoices to tenants. Manhattan will also be utilised in the setting up of indexation and rent rates facilities, electronic banking and debt recovery. An interface with CODA and extensive reporting was also key criteria to be satisfied during the implementation.

To improve efficiency and profitability, a ‘Tenant Portal’ has been set-up so that Tenants can input information such as Sales figures and this also enables important information such as ‘store performance’, ‘footfall’ and ‘shopping centre analysis regarding profitability to be carried out.

Jason Allaway, Commercial Director, Europe said “The team worked very hard to exceed the service delivery associated with such a high profile brand and is looking forward to continuing this relationship well into the future”.

About Raindrop Information Systems
Raindrop Information Systems is the world's largest privately-owned company dedicated to the development, implementation and support of fully-integrated and fully web-enabled global real estate and facilities management systems. With its heavy emphasis on research and development, quality assurance, system testing and customer support, the company has become a leading global provider of targeted software solutions for real estate managers, owners, investors and occupiers. Through its subsidiaries worldwide, the company has built a substantial high-quality user base of multinational organisations - many with multiple locations around the world. These blue-chip clients are leading players in a wide range of sectors - including retail, energy, telecommunications, investment, banking, finance and local and central government.

About Manhattan
The Manhattan suite of fully integrated and web-enabled property software comprises 30 modules designed to meet the requirements of large investors, occupiers, asset managers, and corporate and government occupiers.

Manhattan provides a unique business advantage across all sectors of the property industry by delivering fully integrated property management, asset management, facilities management and financial software in a single suite.

The system offers the highest level of advanced functionality, whilst being highly flexible and easy to use. It allows fast retrieval of the information users need, when they need it.

Manhattan can be installed at clients’ sites as part of their IT infrastructure, or through Raindrop’s Application Service Provision (ASP) service (with all property, asset and facilities management functionality available on an ASP basis).

The Manhattan ASP service offers the FlexASP® option which uniquely enables clients to opt for service components that meet their specific requirements.

For further Information:
Ben Gardner
Manhattan Software
+44 (0)20 7269 8500
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