In this section we cover...
The Commercial Real Estate (CRE) market, on the back of an improved lending environment and increased risk appetite, is showing visible improvement in business confidence. To sustain this growth momentum, CRE companies are looking to engage with an expert service provider who can offer the right set of processes and technology solutions.
As CRE companies take on the strategic role of advising their customers on portfolio planning and occupancy strategies, they are outsourcing their internal operational processes. They are turning to an expert such as Xchanging, who brings to the table domain expertise, technological innovation and process excellence.
Xchanging, with more than a decade’s expertise in the Real Estate industry, has developed domain-centric bespoke solutions and services including Business Processing (such as Client Accounting and Service Charge Management) as well as Analytics and Connected Building. These solutions help you transform your business and save costs through technology infusion, Analytics and innovation.
Globally, a large number of CRE companies are turning to outsourcing for managing their Finance and Accounting (F&A) services to balance expenses with growth and improve the scope of services delivered to their customers.
At Xchanging, our outsourcing relationship with customers is based on adding value to their businesses rather than tactical transactions. To this effect, we leverage our F&A services to help you streamline your finance processes for greater process control, improved operational efficiency and lower costs. Our solutions, combined with our leading smart processes and deep analytical capabilities, bring about effective financial transformation, delivering measurable and significant bottom line impact.
As the market moves towards recovery, stakeholders are demanding greater transparency on the performance of their real estate portfolios. Hence, it has become imperative for CRE service providers to quickly assemble, analyse and share information to drive customer satisfaction and business growth. At Xchanging, our analytics experts provide you with quick and insightful business intelligence, enabling you to take faster and effective decisions.
Xchanging’s Analytics experts enable you to offer high quality services to your customers at affordable costs.
Our domain specific expertise and Property Management offering can provide you with a comprehensive view of asset utilisation, capacity planning and lease expirations etc.
Through a detailed analysis of cost per square foot of delivering different services across maintenance, security, utilities etc., we help you in rationalising the operational costs with Common Area Maintenance analytics.
Xchanging is a leading provider of project-based technology consulting and professional services. By leveraging our long standing engagement with leading CRE brands, we have developed products and platforms that cover a spectrum of services—right from product and platform development, to testing and help desk services.
We also design, build and integrate software for supporting a range of business processing solutions. For instance, BIG Center, an Integrated Workplace Management System (IWMS), provides our customers with scalable and cost effective solutions. This web-based solution helps in facility management, lease and portfolio management, project tracking, effective space, occupancy and energy management, and environment management partnerships.
At Xchanging, we understand that rising energy bills and increasing pressure to better manage costs is pushing commercial building developers and investors to evaluate Connected Building as a viable alternative to achieve energy efficiency. A recent IDC Energy Insights report states that investments in Smart Building solutions are expected to grow significantly from $5.5 billion in 2012 to $18.1 billion in 2017 (a 27.1% CAGR), due to increasing market awareness of the business value generated by deploying them.
With our capability in next-gen technologies like the Internet of Things (IoT), we support the adoption and implementation of intelligent technology for the Connected Building. Our platform includes software applications, network management and fulfills analytics requirements, thus improving a building’s energy efficiency. This technology uses data analytics to measure energy consumption of the building devices in real time; determining the current requirements across the estate, and accordingly optimising the entire property asset base.
We are currently helping one of the world’s leading commercial property and real estate services companies in the application of IoT to achieve a Connected Building network.
By leveraging our acquisition of MM4, a leading eSourcing solution provider, we can enable your procurement teams to achieve their business objectives by delivering expertise at every stage of the Source-to-Pay lifecycle.
The combination of MM4’s proprietary Software-as-a-Service (SaaS) platform, along with Xchanging’s existing procurement services, positions us as a leader in the procurement outsourcing space. MM4 provides industry-agnostic procurement eSourcing, business intelligence and dedicated customer support (MarketMaking).
The eSourcing solution helps you control operational costs; reduce procurement costs; and ensure compliance with internal procurement policies.