IBM TRIRIGA Real Estate Manager

Simplify lease accounting and reduce occupancy costs

IBM® TRIRIGA® Real Estate Manager can help you prepare for new global lease accounting rules and increase return on real estate assets. It provides identification of high-return real estate transactions, consistent prebuilt lease accounting controls and automated lease payment reconciliation.

IBM TRIRIGA Real Estate Manager features:

Analytics-based site selection to evaluate financial, operational and regulatory impacts across multiple lease-build-buy scenarios and help determine optimum real estate transactions.
Automated lease administration to automate creation of real estate and asset-lease contracts and payment schedules, as well as critical date notifications—for expirations and options—from approved lease abstracts.
Streamlined lease accounting controls that provide prebuilt forms and data import processes for offline abstraction of real estate and asset leases via internal and third-party abstraction resources.

Analytics-based site selection

Provides side-by-side comparison of scenarios against current term and other transaction scenarios.
Provides a closed-loop process between transaction management, lease management and lease accounting for new leases and renewals.
Delivers balance sheet and income statement analysis under both new and existing lease accounting rules.

Automated lease administration

Automates chargeback processes that determine assignable space and costs for each department.
Provides “smart” clauses that contain specific data attributes for each clause and option type.
Automates notices and alerts such as expiring leases, available options and overdue payments.

Streamlined lease accounting controls

Deliver balance sheet and income statement analysis under both new and existing lease accounting rules, including FAS13.
Automate assumption review alerts required under new IASB/FASB standards with prebuilt option selector.
Provide bulk update processes for incremental borrowing rate, index growth rate and fair market rental value (FMRV) assumptions—and for rent component assumptions such as maintenance, taxes and rent.
Automate the creation and updating of amortization schedules based on approved data changes.

IBM TRIRIGA Real Estate Manager resources

Case study: A Global 100 company (694KB)
Read how a Global 100 company transformed its real estate operations into a highly efficient, high-return operation and saved nearly USD1 billion.