iCE Consulting extends its gratitude to the management and team at Prospect Development Co., Ltd., a leading developer and manager of warehouse and factory rental properties, for their unwavering support and dedication. Their collaborative efforts have been instrumental in the successful design, development, and implementation of the Oracle Property Manager system, which is now fully operational in managing all of Prospect Development’s lease agreements.
The Oracle Property Manager is a solution designed to reduce operational costs by automating repetitive tasks and complex calculations. It identifies critical dates and activities related to lease agreements, facilitating smooth and efficient management. This implementation ensures compliance with International Financial Reporting Standard 16 (IFRS 16) and Accounting Standards Codification 842 (ASC 842), enhancing the overall financial reporting standards.
We look forward to continued success and collaboration with Prospect Development.
