How we implemented a new Corporate Tool for a REIT

Updated: Jun 13, 2018


Home Invest Belgium

Listed Real Estate Company

Revenues : 19 M€ (31/12/2016)

2000+ tenants

190 000 m²


Context

The project was initiated by an audit performed by Facorg in 2014 related to their IT applications. As a result, FacOrg recommended several tracks to get an up-to-date IT environment, from improving the current IT tools to implement a brand new corporate software.


After several months of reflexion, the decision was taken to implement a new ERP solution. FacOrg was mandated to support this implementation. The first step was to support HIB in writing their requirement specifications In a second step, we helped them selecting the most efficient tool regarding their needs. And finally, we managed the whole implementation process.


Result

The client choosed for Axxerion, a tool that offer a large user requirements coverage (accounting, purchase to pay, property management, maintenance, document management …) in a single interface.

All data (incl. Historical financial data) from the former tool and other data sources (Excel spreadsheets) were migrated into Axxerion. The result was a fully linked and coherent database from the go-live date, benefiting to each employee.


The corporate tool has been implemented in 2 years by a small team. All the business processes have been reviewed in a cross-departmental approach and in collaboration with the key stakeholders.

CONTACT

FacOrg sprl/bvba

Offices @ Hive5 Coworking

Rue des Francs 79 / 1

1040 Brussels | Belgium

Head Office

Cours Saint-Michel 30B

1040 Brussels | Belgium

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Tel: +32 477 09 42 72

info@facorg.com

TVA/VAT BE 0893 926 957

FacOrg sprl/bvba © 2019