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Short Case Study in Business Management

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					Case Study: Global Provider of Business & Technology Solutions
Treasury & Residential Management


                                     The Brief   A worldwide provider of innovative business and technology solutions
                                                 Johnson Controls are employed to provide financial and process
                                                 management of their commercial and residential property portfolio
                                                 expenditure.


                                    Challenges   To provide all aspects of Treasury Management across a UK portfolio
                                                 To manage the intensive employee residential accommodation process
                                                 To collect sub tenant rent and service charge
                                                 To provide financial reporting to enable upload into client financial
                                                 system


                                     Solutions   Set up a ‘client bank account’ to administer income and expenditure
                                                 Employ a property manager at the UK headquarters to authorize
                                                 payments and manage residential process
                                                 Utilization of property management accounting software to support the
                                                 solutions


                                       Results   Payment of head lease commitments on time and without penalty
                                                 Saved costs as employees now able to fully utilize the residential
                                                 accommodation scheme reducing long term use of hotels
                                                 Improved reporting with new, simple and efficient financial property
                                                 report
                                                 Improved cash flow with prompt recovery of sub tenant rent and service
                                                 charge



  Global WorkPlace Solutions EMEA

				
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posted:8/23/2011
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