Solution

Real Estate Property Planning

Planning and Controlling real estate properties in large numbers has long been a work-intensive process – fortunately Board Partner bdg developed an automated model. The application is built around a sleek design of just 6 controlling panels.At its core, an income statement utilises historic data and contemporary data to forecast a scenario of future rent intake and maintenance costs upon which the planner builds budgeting and resource allocation. Around this, a plethora of real estate specific features have been implemented such as vacancy planning or a capital expenditure view detailing the long-term effects of modernisation efforts. Data from all pre-existing systems and even external service providers is accumulated into the model. This enables the use of market analyses and budget-tracking for controlling.The application serves to significantly simplify and expediate the continuous planning of real estate properties while providing controllers the most accurate and relevant data to maximise profits.

A solution by bdg

Key capabilities

Forecast rent intake, vacancies, and maintenance for individual properties
Plan budgets and allocate resources effectively with cumulative data from all relevant contracts
Use scenario planning to model future market development based on current and historic data
Using the collaboration feature, effectively coordinate with colleagues, leave comments, and create high-level integrated plans
Plan, view and evaluate CAPEX to time transactions and financing perfectly

Why use Board? While real estate is not particularly complicated from a data modelling perspective, its profitability hinges on accumulating and managing large amounts of capital more so than any other industry. To that end, transparency over company finances and flexibility in resource allocation are key success factors. Board’s unique approach to integrated business planning allows for a top-level view of compiled data from – potentially – all subdivisions with the necessary detail and optional deep dives. This enables controllers to coordinate and leverage all available resources without compromising operational plans. Additionally, due to Boards drag & drop, no-coding design, users can create dashboards and panels themselves in self-service – uniquely fitting the platform to their needs. Clients using bdg’s real estate model in Board have reported these benefits:

Significantly faster and more transparent property planning
Greatly reduced manual effort, thus minimal susceptibility to errors which has massively increased reporting quality
Excellent adoption, largely due to the low manual input required