Real Estate / Fixed Assets
Taiyo Life Insurance Co.
Considering renewal to a system that can centrally manage real estate management operations with the aim of improving profitability
Taiyo Life, a member of the T&D Insurance Group consisting of Daido Life and T&D Financial Life, is a life insurance company with strength in the household market and sells protection products (death, medical, and long-term care protection products) as its core products.
Taiyo Life was required to restructure its self-developed property management system in order to respond to market changes and maintain and improve its business foundation in the course of property management. Against this backdrop, the company was considering a new system that would enable centralized management of real estate management operations with the aim of improving operations.
HUE Classic" was selected because it covers a wide range of business requirements unique to large companies and can be handled in a single package.
As a result of selecting a new system, "HUE Classic" was selected based on the following two points.
(1) It is the only real estate management system for major companies that can handle industry-specific requirements with standard functions.
HUE Classic Real Estate Management" can handle complex lease contracts with different payment and calculation methods for rent, common service charges, and utility charges for each contract, as well as special operations such as separate accounting unique to the insurance industry, with its standard functions. HUE Classic Real Estate Management" can also handle complex lease contracts with different payment and calculation methods for each contract.
2. the ability to realize real estate management operations in a single package
HUE Classic Real Estate Management" can realize a series of real estate management operations from lease contracts to billing, payment, and payment for real estate in a single package. By centralizing data related to real estate management operations, it enables integrated management of billing and payment information and contract information, as well as property parcel and area information, and billing and contract due date information, making it possible to visualize real estate-related forecast and actual information from various angles.
HUE Classic's unique product concept
includes as standard the business functions required by major companies regardless of industry or business category. In addition, the standard functions are constantly being expanded in response to changes in the external environment (e.g., legal revisions), internal environment (e.g., changes in systems, business and operational structures), and infrastructure and architecture through free version upgrades.
Scope of use for Taiyo Life
About the new product, HUE Classic Real Estate Management
HUE Classic Real Estate Management is the first real estate management package system for major corporations that enables integrated management of commercial and rental real estate owned by companies. The system supports all types of real estate management businesses, including life insurance, railroads, and retail, as well as the real estate industry.
Features
All the property management functions required by major companies are included as standard features.
Standard functions cover all business requirements related to real estate lending and borrowing, such as lease contracts, properties, and real estate-related deposits and payments.
Support strategic property management by enabling timely grasp of income and expenditure information
The ability to centralize information related to real estate enables effective use of information and integrated visualization of income and expenditure status. This will contribute to the improvement of real estate earnings.
Improves operational efficiency by linking with the "HUE Classic" AC series
Seamless information linkage with the "HUE Classic" AC series for real estate management-related processing will improve operational efficiency, including financial closing and fixed asset management operations.
*This article is current as of September 2014.
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