SAP Real Estate Management (SAP RE-FX) solution is designed for big, multi-division companies and retail chains, which share a property (land, Building, etc.) and non-property (Rail Cars, Equipment, Vehicles, etc) provided to lessees and utilized by those companies. SAP Real Estate Management (SAP RE-FX) aids in asset management in a financial (viability review), technical (reviews), Plant & Maintenance, Project Portfolio Management along with Budgeting and sale (lease contracts clearance) sense.
Our experience includes around 20 implementations, development and SAP RE-FX integration projects completed in production companies, shopping centers, mining services, investment banking, real estate, financial services (ATMs), telecom and state enterprises in Singapore & abroad.
Reduction of administrative and accounting costs related to property and non-property management (ERP system integration, document management solutions, service providers relations)
Single, consistent database, reliable information about property effectiveness (reporting, the cost versus income overview, investment profitability analysis)
Access to Best Business Practices in property and non-property management resulting from our international experience in implementing this solution
Organizing the property/non-property lifecycle management process and easy transfer of knowledge to subsequent employees
SAP Real Estate Management gives a full picture of the property management process: from investment planning, through implementation monitoring, area management, contracts, taxes, maintenance, administration, to reporting
SAP Real Estate Management (SAP RE-FX) is a complete tool for controlling and reporting data in real estate and provides security for compliance of property/Non-property management with company procedures in all aspect.
The SAP Flexible Real Estate module (SAP RE-FX) can be implemented in both SAP ECC, SAP S/4HANA on-premise & cloud. This module requires the use of the Business Partners functionality for recording your leasing contracts, which is standard functionality in S/4HANA across all modules.
Depending on the timescale of your SAP S/4HANA strategy, you can already implement SAP RE-FX in your current SAP ECC system. It is S/4HANA-proof and can easily be migrated to your future SAP S/4HANA system. If you are already migrating to S/4HANA, the implementation of SAP RE-FX can also be the next point on your implementation roadmap.
Please reach us at support@tecxed.com if you cannot find an answer to your question.
SAP REFX (Real Estate Fixed Assets) module in SAP ERP simplifies real estate asset management, including lease handling, property management, and space planning. It optimizes operations, enhances cost control, and provides valuable insights for effective real estate asset management and decision-making.
Tecxed explains the REFX in a broader way. This means inclusive of equipment included within the building asset such as Lifts, fire alarms and other machinery such as TELCO equipment in a residential condominium.
SAP Real Estate is a powerful software solution for managing lease agreements, property portfolios, and space optimization. It comes under the SAP REFX module. It enables efficient real estate operations, financial processes, and data-driven decision-making for optimal utilization and performance of real estate assets.
To renew a contract in SAP REFX:
#01-868V, 1010 Dover Road
Singapore, 139658
Phone: +65 8751 0591
Email: support@tecxed.com
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Kuala Lumpur, 59200
Phone: +65 8751 0591
Email: support@tecxed.com
205/2A,B Rajpur Road,
Dehradun, 248001
Phone: +91 8218131833
Email: support@tecxed.com