and delivers valuable real estate insights to finance teams
14 March 2024 – Planon announced today that the mainstream release of its Planon Real Estate Management for SAP S/4HANA® solution, an SAP Endorsed App within SAP’s industry cloud portfolio, is now available. The solution delivers comprehensive real estate and property management capabilities with integration to SAP S/4HANA®. It helps empower organisations to optimise their real estate strategy and operate smart, sustainable buildings. At the same time, it automatically incorporates real estate financial data into enterprise-wide accounts.
‘Real estate has a significant impact on the finances of most businesses, yet until now incorporating the data for real estate contracts, leases, and operations into enterprise-wide accounts has required manual processes or bespoke software applications,’ said Pierre Guelen, CEO, and founder of Planon. ‘With Planon Real Estate Management for SAP S/4HANA®, businesses running on SAP technologies can take full advantage of the capabilities of the Planon platform and gain full, automatic visibility and reporting of real estate financial data.’
The mainstream release of Planon Real Estate Management for SAP S/4HANA® represents a significant milestone in the partnership between Planon and SAP, which activates a broad set of cloud ERP capabilities to help real estate portfolios become more sustainable while increasing access to their associated data.
SAP Endorsed Apps are a distinct category of solutions within SAP's partner ecosystem. These apps solve key customer challenges and provide additional value to offer holistic business solutions and bring out the best in every business.
Jan Gilg, President and Chief Product Officer Cloud ERP at SAP, commented, ‘The release of Planon Real Estate Management for SAP S/4HANA® Cloud is a testament to the power of collaboration and innovation in Cloud ERP. This solution not only streamlines the integration of real estate data into the heart of enterprise operations but also paves the way for organisations to embrace the future of smart, sustainable building management. Together with Planon, we are setting a new standard for real estate management in the digital era.’
To enable companies to become intelligent enterprises, SAP is expanding its vertical solutions with an ecosystem of industry cloud solutions. The solutions leverage SAP Business Technology Platform (SAP BTP), with advanced technologies, and are interoperable with SAP’s intelligent suite. Planon has worked with SAP to create offerings that meet specific real estate industry requirements to provide customers with tools to help achieve positive business outcomes. Learn more at SAP Store.
SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing, and measurements against benchmark results. Endorsed apps are meant to deliver value with desired outcomes.