Oracle's PeopleSoft Lease Administration streamlines and automates site selection and acquisition, lease administration and space management. Whether your organization is a corporation, a public service provider, an educational institution, or a retail/franchise operation, PeopleSoft Lease Administration offers a comprehensive solution for reducing costs and minimizing contractual and financial risk.
As of PeopleSoft FSCM Update Image 19, PeopleSoft Real Estate Management has been renamed to PeopleSoft Lease Administration, to the title bar just under the page title of Lease Administration.
PeopleSoft Lease Administration integrates with Oracle's PeopleSoft Financial Management and Supply Chain Management, to ensure that leases are managed according to terms; cost and space utilization are captured for performance management; and divisions comply with companywide financial processes and controls.
Effectively manage property and equipment leases with a comprehensive view of lease and space management information.
Optimize space utilization with streamlined space assigning, occupancy and vacancy tracking, and monitoring capabilities for each defined space—utilize a unique, real-time graphical representation of space attributes, utilization, and occupancy for enhanced management capability.
Ensure accounting compliance with a system-wide audit trail that tracks lease payments to voucher creation and payment processing, and lease receivables from billing to invoice and cash receipts.