Is This Your Situation?

The activity and costs associated with managing the portfolio have been managed with no system or they have been fragmented throughout the organization; each department keeps documents in files and information contained in multiple spreadsheets.

The organization is getting tasks done but without the efficiencies associated with a more intentional system.

This may have come as the result of rapid growth or a formerly decentralized environment. Regardless of how you ended up here, missing key dates and the inability to get your arms around financial data with confidence can cause strategic and financial loss as well as create significant auditability exposure.

Common Questions: PSG's Answers

Have you been tasked with the challenge to find and implement a “system” that tracks key date activity and to use for cost containment /reduction? PSG has implemented many of the prevailing systems for some of the largest companies in the world and can leverage those experiences to enable a program for your company. Most importantly, we will help you make a decision based on the software’s ability to support your people and processes, not the converse.

Is it difficult to answer basic questions about your number of locations, total square feet and rent expense? All of our programs include a comprehensive inventory of key real estate measurements by business unit with a full enterprise wide roll up.

Want to avoid the time, frustration and expense associated with finding, deploying and learning a new software tool? PSG can quickly gather information and documents for your entire portfolio and implement one of several commercially prevalent lease administration software packages with ½ the time and cost you would expect.

Would you like to eliminate the risk of spending the time and money only to find out that you picked the wrong software package? PSG will let you try one or more industry standard software packages before making the decision to buy and perhaps more importantly, guide you through how to set them up in a way that maximizes their utility.

How is PSG working with companies like ours? If you’re ready to capture the basic elements of the portfolio and start looking at cost saving programs, we can proceed on this typical path:
Utilizing PSG’s Quick Start Process, you get rapid deployment of a software package and have Executive Reports in your hands by the end of a month.

This can include the full set of PSG Project Services or it can incorporate documents and data you already have gathered if you want to save more money and move even faster.

Our experienced support team provides Executive Managers, Dedicated Project Personnel and Account Management where you need them so we can work in multiple directions at the same time.

What are the typical results of this type of solution? Your leases are now organized, abstracted and available on the web based system 24/7. Your portfolio information is being delivered into the hands of key decision makers monthly and your new savings programs are in place with regular measurement.

How long does a process like this typically take? Of course there are many factors that effect the timing but in general about 30-60 days for each 100 leases involved. For larger portfolios there are ways of shortening that time-line.