Exploring New Destinations the ‘Next Generation’ Property Development Company
Client:
One of the most innovative property development companies in the Middle EastChallenge:
- Planning and orchestrating a multi company 'big bang approach'
Solution:
- Providing a platform that is able to project costing for property development across different countries while managing the large real estate projects
Results:
- Success in Increasing the overall performance of different projects across the geographies including variation analysis
- Efficient procurement for goods & services across all subsidiary companies is now possible
The client is one of the most innovative property development companies in Middle East with key destination projects already underway. It has real estate property development projects in Jordan, Morocco & Libya, targeting to be a Billion AED company in next 1-2 years.
Key Challenges
- The challenge included: planning and orchestrating a multi company ‘big bang approach’. Interacting with different subsidiary companies in multiple geographies
- The large scale and complexity of channels involved
- Challenging delivery time frame
- Introducing Oracle software too many new users – that needed to be up and running at the same rate as the implementation.
The Solutions
- Oracle Project Costing, Oracle Project management , Oracle Purchasing & Shared inventory for managing complex procurement processes across entities
- The solution was made in sync with existing financial implementation & CRM custom solutions.
The Results
The tracking and monitoring of Projects in Jordan was streamlined and Headquarter(UAE) could efficiently manage/control the costs. The solution gives the overall performance of different property development projects across the geographies including variation analysis. Efficient and effective cost management & project management for all property development projects. Efficient and effective procurement for goods & services across all subsidiary companies
Now the company can see the overall performance of different property development projects across the geographies including variation analysis in one place and can effectively cost manage and forecast all property development projects