CALUMO Case Study: Stockland Corporation

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Business Intelligence in the Retirement Living Industry

Stockland is a diversified property development company which owns and operates retirement villages, shopping centres and develops housing estates. Alex Batchelor gives an overview of how Stockland Retirement Living is using CALUMO at an operational level.

During this session, Alex gave an overview of the unique and diverse ways Stockland has applied CALUMO's Business Intelligence [BI] tool to the Stockland Retirement Living business. With 11,000+ residents across 69 villages, Stockland needs a tool covering many diverse aspects of their complex business.

Alex's main responsibility is to provide accurate data analysis for Stockland's personnel to help with their decision-making process to improve and achieve the businesses objectives.

Below are some of the key takeaways from Alex's presentation held at Club CALUMO Sydney.

Scope of CALUMO used at Stockland

Portfolio Financials

  • Current Actual Financial Position
  • Scenarios of our financial position
  • Discounted Cash Flow Model

Portfolio Management

  • Vacant Unit Reporting
  • Automated reconciliations
  • Data validation
  • Unit pricing

Transactional

  • Automatic web reports
  • 20 minutes to 2 minutes per refund
  • Refund deductions automatically flow to our profit reporting
  • Saves another 2 days per month

Residential Financial Reporting

  • Web reports are used to manage P&L's
  • Commentary can be added by village managers and accountants
  • Version control is no longer an issue

Some of the key benefits of using CALUMO

  • Visibility of our data management
  • Business is scalable
  • Finance people's time was freed for more analysis instead of processing or reconciling transactions
  • Reports only need to be written once, and end users can run them when required
  • Other teams have the ability to extract their own data in a controlled way.

Watch the full presentation now for yourself.

We hope you find the video of our session useful. If you have any questions, please don't hesitate to get in touch


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