Chicago, IL May 29, 2009 – Realogic Budget™, a newly released web based solution from real estate software developer Realogic.net, LLC, reengineers the traditional budgeting and reforecast process. Realogic Budget allows secure access to a single database that is simultaneously shared by an unlimited number of users at various locations. Internal and external users, property engineers, property/asset managers, leasing brokers, accountants, lease administrators, third party leasing brokers and property managers, now have immediate access to edit, review and share critical budget information.

• Integration
• Import/export with all major accounting systems.
• Excel import for offline calculation.
• Efficient
  • Built in wizards make input easy.
  • Templates enforce best practices across all assets.
• Scalable
  • Single asset to multiple portfolios
  • Unlimited expense detail.
• Intuitive
  • Spreadsheet style navigation
  • Easy to learn and use.
• Unparalleled reporting
  • Easily exported to Excel, pdf & html.
• Secure
  • SSL encrypted.
  • Role based security.

Currently, budgeting and reforecasting are the single most distributed processes within a real estate enterprise. No other processes touch as many people at different levels both inside and outside of an organization. Realogic Budget is a web based solution that brings these people together and provides simultaneous and unlimited access to the budgeting process, according to Realogic’s COO James Pettinger.

“The current offerings of commercial real estate budgeting solutions do not adequately meet the requirements of today’s real estate market. It is time for companies to embrace a more logical expression of their process and embrace the one version of the truth for their data. We can no longer afford to lock our data away and burden users with an inefficient process. “

Additional benefits of Realogic Budget include:
• Reduction in budget cycle time.
• Reduction in hardware costs and software maintenance. New users may be added and existing users removed as necessary, without the need to load additional software.
• Role based security resulting in greater accountability.
• Improve accountability – market data stored at client level, report on deviations from market at the building level.
• Developed by industry proven real estate accounting and finance professionals.

Realogic Budget™ is the optimal budgeting solution for the budget/reforecast requirements for today’s real estate organizations.

About Realogic.net

Realogic.net, a provider of software solutions to the commercial real estate industry, is committed to using technology to increase efficiencies in the way data is accessed, captured, analyzed and managed. Software solutions include: LeaseAbstract.com™, a web based lease abstracting solution, Realogic Tools™, an Excel^® reporting tool for ARGUS™ and Realogic Budget, a web based budgeting solution.

For information: www.realogic.net Contact: This e-mail address is being protected from spambots. You need JavaScript enabled to view it. Phone: 312-782-7325