Real Estate market is currently in disarray – vacancy rates are still high and the threat of another economic slowdown could hurt any recent improvements in the occupancy indexes. The consumer real–estate market is hurting from the after–effect of the bubble and increase in mortgage rates over the last 12 months. As a result there is a very sharp focus among real estate building and management companies on lowering their operating costs in order to preserve their profitability. Streamlined corporate spend is a key element of that strategy.
Ketera provides companies in the real estate industry with the applications and services needed to control and reduce corporate spending at a low cost of ownership. Its on demand suite includes applications for spend analysis, sourcing, contract management, e–procurement, and payment & reconciliation. The combination of these hosted applications along with services such as implementation, supplier enablement and system administration allows organizations such as Regus UK to streamline their corporate spend and reduce their overall costs. |
