Technology PR:
Charlotte, NC June 2, 2008 -- AMTdirect, a pioneer in providing real estate management and lease management software, announced today that the company has joined The Open Standards Consortium for Real Estate (OSCRE) as an Associate Member. OSCRE is North America's preeminent standards development organization for the real property supply chain.
Having recently received SAS 70 Type II certification for their data centers and internal controls for information technology practices that exceed industry standards, once again AMTdirect is taking a leading role in evolving the real property industry to higher state of operational excellence by joining forces with other OSCRE members to establish interoperable data exchange standards that enable users of the standard to greatly minimize manual data entry, data re-entry, data scrubbing and customized systems integration.
According to AMTdirect's President and CEO Scott Schubert "Preferring to lead rather than follow, we believe establishing industry standards will allow AMTdirect to better compete in the marketplace while simultaneously lowering the cost, improving the quality and reducing the delivery time of data for our clients and the industry."
"We're particularly pleased to have AMTdirect on-board particularly with their proficiency in lease abstracting and knowledge of the retail sector" states Andy Fuhrman, CEO of OSCRE who goes on to say "Scott and his team have chosen a great time to join OSCRE, as we're just releasing our first round of standards for Lease Abstract, Commercial Property Information Exchange, Work Request-Work Order Fulfillment, Space Classifications and Real Property Unique Identifier that they'll be able to leverage on behalf of their user community with a minimal of effort. We look forward to having AMTdirect working with our other members as we plan for our next round of critical business processes to standardize."
OSCRE is currently soliciting recommendations from members and non-members for the next round of standards to be developed.
About AMTdirect
Founded in 1996, AMTdirect has been a pioneer in real estate software solutions that help companies improve cash flow, increase overall financial performance and enhance the life-cycle management of real estate assets. Provided in a SaaS (Software as a Service) environment, AMTdirect's complete real estate solution offers software, lease abstracting and consultancy services that enable enterprises to ACTIVELY manage their real estate assets, intelligently and efficiently. Feature capabilities include Lease Management, Facilities Management, Real Estate Accounting, and Project Management. Typical cost savings are achieved through operational optimizations, balancing return on assets, streamlining location management and reducing corporate risk by handling regulatory compliance requirements such as Sarbanes Oxley.
For more information, visit their website at http://www.amtdirect.com
About the Open Standards Consortium for Real Estate (OSCRE) Americas
Headquartered in Washington, D.C., as a 501(c)(6) non-profit organization, OSCRE's mission is to effectively facilitate the standards development process among key real estate stakeholders, including owners, tenants/occupants, investors, operators, tenants, developers, service providers, regulatory agencies, consulting firms, vendors and suppliers -- to benefit all stakeholders and enable the real estate industry to function more efficiently in the digital economy. Supporting member organizations of OSCRE Americas represent in excess of $2.1 Trillion in Real Estate Assets, 12.3 Billion Square Feet of Floor Space and 1,370,500 association members.
For more information please visit our website at http://www.oscre.org.
