/24-7PressRelease/ - TORONTO, CANADA, February 04, 2007 - The Fraser River Port Authority (the Port) has selected the Intuit Real Estate Solutions' MRI Commercial property management software to improve the control and management of its extensive real estate portfolio. Intuit Real Estate Solutions, a division of Intuit Inc. (Nasdaq: INTU) develops software for the global real estate market. The new system was purchased from Lynx Systems Inc., the Canadian business partner of Intuit. Lynx Systems will be responsible for system implementation, training, and support for the new software.
The Port oversees a large and varied group of properties, including marine terminals, waterlot tenures, and industrial properties. As the lead agency, the Port works in conjunction with the nine municipalities that border the Fraser River to co-ordinate harbour operations, developments and facilities. In total, its jurisdiction encompasses 270 kilometres of shoreline along the Fraser River in British Columbia, and over 480 hectares of land. It is the second largest port in Canada.
"Our current system is unreliable and is not meeting our growing needs," says Joe Zemp, Manager, IT for the Fraser River Port Authority. "We require software that provides the additional flexibility and accessibility that a Web-based system would offer."
The Port had some additional, specific requirements of its new system. The Port, for example, uses terminology that is not standard within the real estate industry. It manages many different lease or case types, such as log storage and barge moorage. It must track whether or not a contract is a lease, license, or permit. It also gathers extensive information on each agreement, including legal descriptions and environmental audits and data, potentially differentiated by lease type. In addition, the Port wants the system to generate a wide variety of lease clauses and documents, and manage the approvals process for all of its agreements. Finally, each parcel of land must be matched to its municipality, relevant tax roll numbers, and physical area description in both hectares and acres.
"After extensive evaluation of many vendors it became clear that Intuit's MRI system could meet most of our complex requirements without relying on the vendor for support," claimed Zemp. "The flexibility of the Intuit MRI system and the Application Toolkit will enable us to produce sophisticated custom reports, integrate with our other applications, and gain the Web access that we need. In the longer term, it will also allow us to add other modules such as Central Address Book and Contact Management, or to easily develop future customized solutions ourselves," he added.
Zemp was also concerned about the reputation and the reliability of the company that he was to partner with. "We feel that Lynx Systems will give us professional and experienced support and training. We are confident that they can provide the implementation support we want. In addition, Intuit offers us the backing of a Fortune 500 company and extensive experience in the property management area," he states.
"The Intuit MRI system with its Web-based functionality will allow us to provide superior service to both our internal and external customers, ensuring that our information is now both timely and accurate." Zemp concludes, "In the end, we chose Intuit MRI because it best meets our requirements and can do so at a reasonable cost. We feel confident that with Lynx Systems and Intuit, we will remain within budget and on schedule."
"We understand that property managers have unique and varied requirements," comments Don Robinson, President of Lynx Systems. "I believe that the flexibility of our software to easily accommodate these client-specific needs is our key competitive advantage."
http://www.Lynxsystemsinc.com
About Lynx Systems Inc.
Lynx Systems Inc. is the sole Canadian business partner for Intuit Real Estate Solutions. Founded by a team of experienced real estate system professionals, Lynx is dedicated to improving the use of information technology to meet strategic business objectives of its clients. Its team takes full responsibility for implementing and supporting the Canadian clients that use the Intuit MRI product. Lynx is also responsible for all customizations to meet the changing needs of the Canadian market.
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