The #1 Solution for Real Estate, Infrastructure, and Facilities Management in the World
Cost Administration
Resources
Cost Administration Product Sheet  PDF
User Overview: Cost Administration  html

"I think the new work order system saved a lot of time. Even within the Office of Administration, we had 5 or 6 databases and we had one person doing all the reporting. That person, for example, would print out the PMs and distribute them. Now it’s all automated. Guys come into the system and print out their own [maintenance schedules] for the week. That saved a whole person’s time."

Therese Fick
Director Facilities Information Management, Office of Admin., Dept. of Facilities Mgt.,Design, Construction
State of Missouri

Cost Administration

Centralize and streamline the processes of defining, allocating, and approving portfolio occupancy costs

Benefits

  • Improves portfolio occupancy cost management and decision-making with advanced cost analysis/projection capabilities
  • Provides visibility to help align occupancy cost structure with organizational mission
  • Decreases frequency and expense of errors with streamlined processes that track all portfolio lifecycle costs
  • Reduces administrative overhead by eliminating manual processes

Cost Administration Screenshot
Increase budgeting accuracy with cash flow reports that generate cost projections for leases, buildings, properties, and accounts

Accurately tracking and managing an organization’s occupancy costs is a competitive advantage…and an organizational challenge, without a centralized repository and the right analytical tools. ARCHIBUS Cost Administration provides proactive real estate managers and lease administrators with a Web-based solution that centralizes and streamlines the definition, allocation, and approval of portfolio occupancy costs. It can reduce administrative overhead and improve decisionmaking. The application also features an intuitive Wizard that tracks lifecycle costs at the invoice- or summary-level until final cost allocations are issued, as well as sophisticated filtering for multidimensional cost analysis, and more.