Land bank management, profit/land residual calculations, ‘What if’ scenarios, automated cash flows, sensitivity analysis, project cash funding, consolidation of cash flows
SiteStream Land is a dynamic budgeting and monitoring tool for all your development projects. It not only enables the fast production of detailed cash flows for current and future opportunities but also allows continual updating of forecasts for the final result of ongoing projects.
SiteStream Land is highly configurable to the level of detail you require. It produces both detailed and summary information of the financial and physical attributes of your planned developments required for board and funding approval. The system gives fast resolution of land value, or alternatively, for a given land value either profit or sales revenue projections.
Each cost and revenue item can be automatically calculated from your own yardstick rates and cash flowed from user-defined “s” curves. This results in an extremely sophisticated financial model that requires minimal input yet is dynamic and sophisticated. This allows you to easily flex any scenario and consider many more options than with manual or spreadsheet systems. Built-in goal seeking and iterative capabilities ensure that the optimum solution is found quickly and with high levels of confidence.
SiteStream Land’s facilities can also be utilized for decision support during development to consider plan changes or other options for the balance of the project taking into account actuals to date.
Cash and other resource requirements are highlighted not only for each project but can be summarized at regional or group level to ensure that finance facilities are not breached and for strategic planning and forecasting.
The system will store and catalog all opportunities within your land bank, from options through to owned land at each stage of planning and development. Documentation and key dates associated with each land opportunity can be accessed easily to assist with resource planning.
SiteStream Land can be utilized independently or in conjunction with SiteStream Build to provide budget detail derived from individually procured items e.g. a particular material or a supply or repair subcontractor. This will give increasingly accurate levels of forecasting as and when detailed design and scheduling information is available.
Using SiteStream Land in this way will ensure that any cost overruns are highlighted at the earliest possible stage and that all cost and revenue projections consistently reflect the latest site position.
Similarly SiteStream Sales can provide updated revenue forecasts based on actual sales progressions and revised sales plans.
Sales/build conflicts are highlighted for resolution to ensure that your rolling forecasts are realistic and based on current known information.
