2. SAP S/4 HANA for contract, lease and real estate is a financial integration that’s natively
compatible with SAP S/4 HANA. This specialized integration is meant for the real estate industry,
helping companies in this field to manage their business operation in an organized way.
SAP RE FX has three broad solutions that support the Real Estate business management process
Real Estate Object Management
Space Management
Contract Management
3. Real Estate Object Management
SAP acknowledges the fact that when it comes to
real estate, it’s not just buildings that are
considered real estate objects. The land, a group
of buildings, the office space- all can be termed as
real estate. SAP RE FX, which is an important
functionality of SAP industry solutions, allows the
creation of all kinds of real estate objects.
4. Logical Space Management In SAP RE FX
SAP gives a nice construct to how real estate
companies manage spaces.
There is the concept of ‘Pooled Spaces’ from
which real estate companies extract spaces to
rent.
Spaces that are extracted from the Pooled
Space are called Rental Spaces. SAP suggests
that the usage type of Rental Space should
ideally be the same as that of the Pooled
Space.
Then there is the concept of a Rental Unit that
can be rented as a complete object.
5. Contract Management
SAP offers an entirely flexible contract management
functionality in its RE FX integration for SAP S/4
HANA. For example, you can club office spaces of
multiple offices in a single contract. The system
offers a user-friendly platform to manage contracts
related to any lease-in and lease-out transactions.
6. Contact Silver Touch Technologies- the Reliable SAP
Partner
SAP Real Estate management system can be tweaked based on the unique needs of your real estate
business. This is where Silver Touch Technologies comes in. We empower real estate businesses to get
the most out of SAP RE FX. Remember, SAP RE FX does not natively support buying and selling real
estate assets. Our SAP Business One integration solution makes adding such custom functionality
possible.
Contact us today and free your real estate business from the shackles of business process
complexities.
7. Get in Touch with us
Silver Touch Technologies Canada
Email: Info@silvertouch.ca
Phone: +1 (647) 829 2482
Website: www.silvertouch.ca