The Grand SOFIA RING MALL with a Specialized Solution for Commercial Property Management from FTS Bulgaria - FTS
Success Story

The Grand SOFIA RING MALL with a Specialized Solution for Commercial Property Management from FTS Bulgaria

After a thorough research of several competitive solutions, the management of SOFIA RING MALL eventually opted for the latest version of the high-end system Microsoft Dynamics AX from FTS Bulgaria. In order to meet the specific requirements and scale of the project, the system was upgraded with the specialized vertical solution for property management of large commercial centers – PMAx.

The challenges

  • Numerous management reports requiring preplanned data analytics.
  • The process of sending invoices to end customers needs to be automated.
  • Incorporation of the predevelopment stage in AX and formation of assets from construction in line with applicable accounting standards.

The solution

In order to meet the specific requirements and scale of the project, Microsoft Dynamics AX is upgraded with a specialized vertical solution for property management of large commercial centers – PMAx.

The benefits

  • Real-time monitoring of budget implementation to predefined requirements in management reports.
  • Automated processes for generating and sending reminder letters
  • Capabilities for tracking accounts receivable against different criteria.
  • Optimization of the data entry process.
Back to customers

The newest commercial center in Sofia, SOFIA RING MALL, which was officially opened in 2014, is the largest in the country with a total rental area of over 150 000 sq.m. IKEA and SOFIA RING MALL together are expected to attract about 40,000 visitors daily.

Back to customers

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