Stockmann, established in 1862, is a Finnish listed company engaged in the retail trade. Stockmann's three divisions are Stockmann Retail (department stores and online store), Real Estate and Lindex (a chain of fashion stores).
Stockmann’s Real Estate division owns and manages 5 shopping malls in Finland, Russia, Estonia and Latvia with a total gross leasable area of over 200 000 square meters.
Stockmann’s Real Estate division uses a Lease Management Solution based on the Maconomy Property Solution ERP-product. The solution is used for handling tenant and lease agreement details; invoicing rent, turnover fee, operational and utility charges to tenants; controlling accounts receivable and debt-chasing; generating reports on lease terms & conditions, rent revenue and accounts receivable. The system has been integrated to Stockmann’s corporate financial accounting package.