Financial Objects' gvas 8.0 delivers new capabilities for the property professional

London - 10 October 2006

Financial Objects plc, a leading provider of advanced property asset management software, today announced the latest version of its successful gvas property and maintenance management solution. gvas 8.0 delivers new web capabilities that enable property professionals to promote the profile of the property department throughout their business.

Responding to a growing business trend toward web-based knowledge sharing, gvas 8.0 promotes web collaboration between property professionals and their colleagues or partners inside or outside the organisation. It enables the property team to publish property reports, financials, plans, news and events on the corporate intranet or web portal that can be accessed by authorised "web communities". These might include colleagues in finance, legal or facilities, senior occupiers anywhere in the business or even outsourced partners such as property advisors, surveyors, solicitors or suppliers.

Corporate organisations implement gvas as a central property hub, enabling estate and maintenance specialists to share information on a common platform and develop joined-up business processes. gvas 8.0 now promotes wider collaboration, streamlining workflow between divisions and helping the property team to communicate proactively across the organisation.

"This announcement demonstrates our commitment to gvas customers and to the gvas brand," said Amanda Fisher, Divisional Director at Financial Objects. "gvas 8.0 represents a significant move forward in terms of product capability and platform longevity. In designing gvas 8.0 we listened to our customers who asked for better tools to communicate across the business. Property departments do not operate in isolation.
In the operational and strategic management of the estate, they need to publish targeted property information to disparate business audiences.
Whether it's informing board directors of acquisitions and disposals, providing financial reports to senior management or simply advising occupiers of future building maintenance events, gvas 8.0 provides the web forums to communicate swiftly and securely."

"Financial Objects will continue to develop gvas as an enterprise property asset management solution and to enrich its web communities going forward, with a focus on reaching distributed users on mobile and web platforms. As a global provider of advanced technologies, Financial Objects has the expertise to deliver leading-edge solutions to its property customers."

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