KOL Corporation to launch a revolutionary solution for shopping malls and retail industry in MECSC Annual Convention 2007

KOL Corporation has announced a Revolutionary Solution for Shopping Malls & Centres "Mall Management Enterprise (MME)'.

MME is a complete solution for retail segment - a tool developed for Mall Management companies to setup and manage their operations based on industry standard processes.

MME is a total lease, tenant, facility and Business Process Management tool, merging the information needs of decision-makers with the latest trends in e-Commerce technology, providing for:
• Day-to-day management and maintenance of Mall units
• Day-to-day management and administration of lease data
• The abstracting of leases associated with due diligence
With MME the Mall Management Companies can:
Manage a single or multiple Malls
Utilize a Business Process Management System to setup and customize the business rules as per their specific requirements
Access to a wide array of reports like Mall Collection, Payment History, Pending Payments, General Status, List of Malls, Occupancy status, Unit Availability, etc.
View Real-time information with analytical tools such as visual graphs, full set of reports, comparison charts, cost-benefit and profitability analysis.
Export information to external systems
Generate and view financial reports

MME is first of its kind of a complete solution in the region. This solution will help the different departments of the Malls to simplify and organize their work procedures. The Solution is well set to handle Security Management, Lease & Space Management, Events & promotions, Facility Management, Users & Tenant Management with an extensive MIS support with advanced analytical tools.

Ms. Monique Legault, Sr. Vice President of KOL Corporation added that "Organizations are asking for dependable, scalable, Customizable, professional software solutions to support Malls, Property Management and this is what MME all about. Subsequent to 4 years of extensive research, development and an exhaustive competitive analysis we as KOL are really proud to announce the solution in the market."