DALLAS, TX--(Marketwire - Mar 28, 2013) - Lincoln Property Company recently announced the addition of a custom Business Intelligence (BI) software tool to its suite of technology platforms. Lincoln's new tool, propertyBI, will provide real-time property performance summaries and help to analyze essential business data.
Business Intelligence is the fusion of advanced technology and business acumen resulting in a system that intuitively provides business metrics or key performance indicators (KPIs) in the form of dashboards, charts, and graphs.
"Game changer" is the term used by Scott Wilder, Executive Vice President - Residential Management for Lincoln Property Company, when describing propertyBI. "We've been waiting for a BI product that we could customize to fit our company profile. Our tool, propertyBI, will allow us to make more timely and profitable decisions for the management company and for our clients," says Mr. Wilder.
After extensive regional and corporate level training, propertyBI officially launched to the Lincoln team on March 1st. This tool allows Lincoln users to filter information with the click of a button to see Key Performance Indicators (KPI) like occupancy, trending percentage, rent trends, unit type analysis, effective rent tracking, and financial KPIs such as net operating income.
Qlikview, a leading Business Intelligence product, was selected to power Lincoln's BI tool and a Business Intelligence Analyst was brought on board to become the custom developer of propertyBI for Lincoln Property Company's needs. This product currently only integrates with Lincoln's database of Yardi, but Lincoln is anticipating the ability to bring additional properties onto the tool in the near future.
About Lincoln Property Company:
Lincoln Property Company was founded in 1965 as a developer and manager of high-quality residential communities. Their national reputation for successful management of their own properties quickly attracted a large client base of owners and investors who recognized the value that they could provide in development, property management and real estate consulting services, so they added third party management to their lines of service. LPC is currently the nation's 3rd largest manager of apartment communities with over 140,000 units under management.
For more information about Lincoln Property Company, please visit http://www.lincolnapts.com/management-services or visit http://www.lincolnapts.com/regions/ for apartment listings in your area.
Follow Lincoln Property Company on Twitter, LinkedIn, and Facebook to hear about all the new deals to help you look forward to moving into your new home!
Contact Information:
Media Contact:
Jennifer Staciokas
Vice President - Marketing & Training
214-740-3300
corporate@lpsi.com