Regency Centers Corporation is a leading national owner, operator, and developer of grocery-anchored and community shopping centers. As of September 30, 2011, the company owns 367 centers, totaling nearly 50 million square feet, located in top markets throughout the United States. Founded in 1963 and operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed, operating from 17 regional offices around the country.
Regency grew rapidly over much of the last decade. To keep up with the monthly and yearly administrative processes required to manage thousands of tenants, including reconciling yearly pass-through expenses, Regency upgraded to Oracle’s JD Edwards EnterpriseOne Version 9.0 and deployed other Oracle products, such as Oracle Imaging and Process Management and Oracle BI Publisher, to streamline invoice processing and reporting. Regency worked with its trusted Oracle Partner Information & Computing Services, Inc. (ICS) on the upgrade and configuration, working to minimize customizations, which will simplify IT management and maintenance efforts moving forward.
A long-time JD Edwards EnterpriseOne customer, Regency is dedicated to working with Oracle as its primary back-office and operations IT vendor.
Regency upgraded from JD Edwards Version 8.10 to 9.0 over a period of nine months. The project included both a technical upgrade and a complete redesign of the presentation layer to a Web-based solution.
A long-term Regency partner, Oracle Partner Information & Computing Services, Inc. has been involved in many of Regency’s major upgrades. During the upgrade to Version 9.0, ICS helped Regency to configure the system to support its unique needs. “ICS has incredible technical and system expertise and continues to be an invaluable partner,” said James Chiang, vice president of real estate accounting, Regency Centers Corporation. “ICS works with Regency so seamlessly, in fact, that it is sometimes hard to distinguish our ICS consultants from Regency employees.”