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As a web-based SaaS solution, REALOGlC BUDGET ensures that your data is available anytime/anywhere.
Enter and edit budget data from any location into one database using preassigned standards. Share budget results with others; even those not involved in the preparation of the budget or reforecast.
Benefits of
Ease of Use
REALOGlC BUDGET strikes a perfect balance between simplicity for the infrequent user (i.e., brokers entering lease-up assumptions) & sophistication for the power user who spends a great deal of time preparing budgets and reforecasts. Spreadsheet-style navigation within a browser provides a familiar interface for most users. Seeing only the areas of the budget for which a user is responsible minimizes training and implementation time. The ability to use budget templates and to start with prior period budgets or actuals simplifies the entire budget process.
REALOG CBUDGET
Economical
As a software as a service (i.e. SaaS) application, REALOGlC BUDGET results in a lower cost of ownership. The annual subscription fee (a fraction of a cent per square foot) provides unlimited users access to the many features of the software. As a hosted application, hardware investment and database software are gone and upgrades are integrated seamlessly. Additionally, you can expect implementation to be completed within weeks rather than months.
Standardized Budgeting
Standards assigned at both an organizational and project level, including the use of budget templates, assure that there is a consistency to the finished product and best practices are enforced throughout a portfolio. Definition of market variables at the enterprise level also assists in the creation of standardized budgets.
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Minimize Re-keying
With REALOGlC BUDGET, import accounting system data and export completed budgets to all major accounting systems. Detailed tenant and building information from completed budgets can also be exported to ARGUS Valuation - DCF. Offline calculations completed in Excel may be imported into budgets, including a date stamp for audit purposes.
Flexible
Whether used for a single asset or multiple portfolios, REALOGlC BUDGET lets you prepare single or multi-year budgets with unlimited expense detail at the account and sub-account levels. Complete expense recovery calculations within the system or import from third party systems. Third party property managers can support multiple clients with different budgeting needs using one software platform.
Improve Accountability
Unique color-coded rent roll tracks contractual vs. assumptive data, as well as overrides from your accounting system. Deviations from enterprise level market variables within individual budgets may be tracked and reported upon.
copyright (c) 2010, Realogic.net, LLC Realogic Budget, Realogic Tools & Realogic Abstract are registered trademarks of Realogic.net, LLC. ARGUS Valuation - DCF is a registered trademark of ARGUS Software. Any other names may be trademarks of their respective owners.
Features
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REALOGlCBUDGET
Accounting System Integration
Base budgets use data from your accounting system. REALOGlC BUDGETs import of key data points eliminates the inefficiency and user errors associated with re-keying of data: Chart of Accounts (including sub-accounts) General Ledger Actuals Rent Roll and charge data Recoveries Sales and Percentage Rent Prior budget/actual data
Web-Based
REALOGlC BUDGET is entirely web-based, delivered as a SaaS (Software as a Service) application.
REALOGlC BUDGET also supports the export of completed budgets back into your accounting system.
ARGUS Integration
You know the drill budget season ends and you need year one of your ARGUS Valuation - DCF files to match the budgets for each property. You forward the budgets to your internal analysts or third party consultants to update the ARGUS files, resulting in an expenditure of time and money. With REALOGlC BUDGET, eliminate the redundancy! The ARGUS export is both robust and easy to use. Not only is rent roll and expense data exported, but recovery and market data as well, resulting in more timely and consistent ARGUS files with less chance for human error.
Multi-Client/Multi-Ledger
Sharing budgets with third parties (JV partner, owner, etc.) can be problematic if they use a different general ledger structure. With REALOGlC BUDGET, map the budget G/L to any format and report on the new G/L.
Need to integrate your accounting system with ARGUS but can't change budget systems? REALOGlC SYNCcan help! REALOGlC SYNC synchronizes your data from major accounting systems (Yardi, MRI, JDE, Skyline and more) with your ARGUS cash flows. Best of all, REALOGlC SYNC can be used in conjunction with REALOGlC BUDGET, or as a stand-alone product.
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Recovery Calculations
Budgeting recoveries is one of the most difficult parts of the budgeting process. REALOGlC BUDGET simplifies the process by letting you handle the calculation of recoveries from within the application. Define expense pools & majors contributions, calculate gross-ups, enter base year information and calculate caps to assist in the budgeting of expense recoveries. Already have recoveries elsewhere? Let REALOGlC BUDGET leverage your existing data through intelligent synchronization.