Rite-Aid, Nation's 3rd Largest Drugstore, Chooses AMTdirect as Strategic Real Estate Management Solution

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AMTdirect, the leading software provider to the commercial real estate industry, announced that it has been selected by Rite Aid Corporation as the real estate software solution to manage their portfolio of more than 5,800 locations.

AMTdirect - Real Estate Management Software

AMTdirect

We knew with a portfolio as large and complex as ours there were very few solutions in the marketplace that could handle our needs. AMTdirect stood out as the clear choice for our real estate management needs.

AMTdirect, the leading software provider to the commercial real estate industry, announced that it has been selected by Rite Aid Corporation as the real estate software solution to manage their portfolio of more than 5,800 locations. AMTdirect’s integrated platform will help Rite Aid define and drive its real estate strategy by consolidating data, streamlining key business processes, and improving decision making at all levels within the organization.

Rite Aid sought a software solution that would unify its complex real estate portfolio and provide a scalable platform with robust accounting and reporting tools. They required an application that would address all parts of their real estate lifecycle and manage information in a way that was accessible and intuitive for stakeholders throughout the organization. They also pursued only those partners with proven experience managing complex system and data conversions.

“We knew with a portfolio as large and complex as ours there were very few solutions in the marketplace that could handle our needs. AMTdirect stood out as the clear choice for our real estate management needs,” said Jon Rudy, Rite Aid’s Senior Director of Real Estate Accounting. “Not only was AMTdirect the most feature-rich solution, but their product seemed tailor-made for managing our diverse portfolio of owned locations, leased stores and subtenant arrangements. It was also clear that their implementation team had the most experience of any vendor when it came to converting from existing systems and migrating data from numerous internal sources.”

Rite Aid believes replacing their outdated systems with a more comprehensive solution is critical to better managing their real estate strategy. AMTdirect’s best in class usability and unique AMTdirect MobilePro app for workers on the go guarantees faster adoption and better access to key real estate information. Choosing AMTdirect also ensures a more reliable implementation that will deliver immediate returns on investment.

“We couldn’t be happier to announce this partnership with Rite Aid and welcome one of the nation’s largest and most dynamic retailers to the AMTdirect family,” said Daniel Schubert, co-founder and President of AMTdirect. “Adding yet another major retailer and converting them from an outdated lease administration system is a testimony to our technology, our team and our unique strengths in meeting the needs of today’s retail real estate managers.”

AMTdirect is the market leading solution for retail real estate management and will be attending the National Retail Tenants Association Conference in Orlando, FL, September 22-25. AMTdirect is a platinum sponsor of the event.

Since 1996, AMTdirect 's sole mission has been to develop great real estate management software, make it simple, cost effective and accessible to everyone in the world. AMTdirect is the industry’s leading developer of powerful solutions that transform portfolio management operations and deliver significant returns on investment. Uniquely designed to handle the most complex real estate portfolios, AMTdirect stands out as the first choice of retailers, healthcare providers, higher education and corporate real estate managers. For more information, visit http://www.amtdirect.com.

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Taft Tucker
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