Property group Stockland has reiterated its commitment to its core systems project in its annual review, which will see it implement SAP and Salesforce over the next two years.
The review said the group has made significant progress improving its system capabilities over the past year, and that it addresses risks associated with business process efficiency.
“This program aims to reduce the number of legacy systems we use around our business to simplify and streamline our activities, reduce costs, and take advantage of rapid developments in technology to improve customer outcomes,” the review said.
With SAP to be implemented as the core ERP system and Salesforce as the CRM system, the project will represent the largest systems investment in Stockland’s history.
Last year Stockland established an outsourced offshore team to operate as the support centre for finance and IT activities across the business, which resulted in a number of redundancies.
With the core systems project also aiming to improve efficiency within Stockland, the company has stated its commitment to maintaining “two-way engagement with employees across the business to enable a smooth transition” as the implementation proceeds.