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Simon Property Group

Simon Property Group is the largest mall developer in the United States, managing 252 properties in 36 states, including Mall of America, the largest enclosed shopping and entertainment complex in the United States, the Forum Shops at Caesar in Las Vegas, Nev., and Roosevelt Field in Long Island, N.Y.

Challenge

Simon was unable to support the company's growth that resulted from multiple mergers and acquisitions with its current antiquated, manual tax application.

Industry:

Financial Services

Region:

North America

Products:

WebSpeed,
OpenEdge
Database


Solution

The company chose the ePropertyTax Office solution from Progress partner eProperty Tax

Results

  • Millions of dollars saved: the solution helped Simon Property Group decrease their tax expense by $50 million in the first 18 months of deployment.