STREAMLINED, POWERFUL PLATFORM GIVES COMMERCIAL REAL ESTATE EXECUTIVES UNPARALLELED INSIGHT INTO COMPANY FINANCIAL DATA
Dallas, TX – June 26, 2006 – Realm Business Solutions, the commercial real estate industry’s leading producer of property management and valuation software products, today introduced INSIGHT XI, a powerful business intelligence system that puts complete control of information and unparalleled reporting capabilities at the user’s fingertips.
With INSIGHT XI and its unified Business Objects and Crystal Reports platform, commercial real estate executives can monitor the complete financial status of their operations with ease, analyzing data at any level, from an overview down to intricate detail.
INSIGHT XI delivers data from all components of the property management and financial analysis systems to the desktop in the form of dashboards and reports. These customizable graphical elements gauge the key performance indicators that are most important to managers and executives in making informed decisions about their properties. It has virtually unlimited query and analysis capabilities, allowing users to view current and historical data as well as run “what-if” scenarios.
“What we have created in INSIGHT XI is the most advanced and easy to use management system this industry has ever seen,” says Michael Tuer, executive senior vice president of Realm’s Commercial Solutions Division. “With a streamlined platform that offers transparency, efficiency, and consistency, INSIGHT XI delivers business intelligence just the way the executive needs it.”
One of the first users of INSIGHT XI is the James Campbell Company, LLC of Hawaii, which owns more than 12.5 million square feet of prime office, retail, and industrial properties in 16 states. Herb Yamasaki, vice president of information technology for the company, notes he sees “significant time savings” in preparing for audit schedules and third party reports, thanks to INSIGHT XI.
“With INSIGHT XI, we now have a very powerful and flexible report writer to improve the productivity of our programmers and users,” Yamasaki continues. “Together with Crystal Reports and Web Intelligence products, we now have a single-vendor platform to meet all of our reporting requirements. We consider this a platform that has everything needed for business intelligence.”
Yamasaki adds that the INSIGHT XI interface provides a simple format for scheduling or navigating through key reports at a high level as well as provides an easy pathway to review the details supporting said reports.
As a management system, INSIGHT XI sits ontop of Realm’s data warehouse, providing the ability to draw data and reports from all of Realm’s products including CTI, for property accounting and management; LEASE for tracking leasing activity; ARGUS for asset valuations; DYNA for long-term forecasting; and BUDGET, a 12-month budgeting tool.
INSIGHT Performance Management offers a library of more than 50 metrics for leasing and financial data, enabling commercial real estate companies to customize their views and analyze data from any perspective, then create dashboards that are truly tailored to their business needs. Companies can also institute varying degrees of access to data, based on the level of the individual user.
“Realm’s INSIGHT XI is the most robust solution for commercial real estate on the market today,” said Tuer. “It makes any and all property management and financial information available in the way the user wants it, and allows unmatched levels of performance management and analysis.”
In addition to its powerful Business Objects and Crystal Reports platform, INSIGHT XI is based on an SQL database framework, with universes, or data dictionaries, that enable standardized reporting and querying.
Realm’s INSIGHT XI is available immediately for commercial real estate management companies. Its vast property management and financial information system analysis capabilities give unprecedented control of data along with limitless reporting options. INSIGHT XI clearly enables an organization to gain a new level of understanding of its financial and operational status.
About Realm Business Solutions
Realm Business Solutions, Inc. provides software and services that enable its customers to better manage the financial and operational performance of their real estate portfolios. More than 8,000 of the industry's leading owners, managers, financial institutions and REITs trust Realm solutions to improve the visibility and flow of information throughout their critical business processes. Realm is the developer of such industry standard products as ARGUS, BUDGET, CTI, DYNA, INSIGHT and LEASE. Visit Realm's website to learn more about these solutions, as well as reXML, the open source language for exchanging data between Realm and other applications: www.realm.com.