1. SAP Glossary
  2. Flexible Real Estate Management
  3. object mandate


What is object mandate in SAP RE-FX - Flexible Real Estate Management?


SAP Term: object mandate

  • Component: RE-FX

  • Component Name: Flexible Real Estate Management

  • Description: Third-party management A type of mandate that reflects an agreement whereby the owner of a real estate object engages a manager for the object. The owner in this case is not a condominium owners’ association.


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  • Key Concepts: 
    Object mandate is a feature of SAP RE-FX Flexible Real Estate Management that allows users to assign certain tasks to specific users or groups. This feature helps to ensure that tasks are completed in a timely manner and that the right people are responsible for them. It also helps to ensure that all tasks are completed according to the company's policies and procedures. 
    
    How to use it: 
    Object mandate can be used to assign tasks to specific users or groups. This can be done by creating an object mandate in the system and assigning it to the appropriate user or group. The object mandate will then be visible in the system and can be used to assign tasks. 
    
    Tips & Tricks: 
    When creating an object mandate, it is important to make sure that the user or group assigned to the task has the necessary permissions and access rights. It is also important to ensure that the task is assigned in a timely manner so that it can be completed on time. 
    
    Related Information: 
    Object mandate is just one of many features available in SAP RE-FX Flexible Real Estate Management. Other features include lease management, asset management, and reporting capabilities. All of these features help to ensure that real estate transactions are managed efficiently and effectively.
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