Posts by pwsadmin
ROU Assets: Deciphering the Difference
In the dynamic landscape of commercial real estate, accurate asset management is the cornerstone of success. Among the myriad of assets, ROU (Right of Use) assets play pivotal roles. However, distinguishing between “operating” and “finance” assets and effectively managing them can be complex. Asset management is the strategic process of overseeing, optimizing, and maximizing the…
Read MoreFischer Solutions Becomes 2023 NRTA Platinum Sponsor
FOR IMMEDIATE RELEASE Fischer Solutions becomes Platinum Sponsor for National Retail Tenants Association. DALLAS, TX – 08/17/2023 – Fischer Solutions announced that it has become a Platinum Sponsor of the 2023 National Retail Tenants Association (NRTA) Conference in Fort Lauderdale, Florida. Per their website, NRTA is a leading source of lease administration education for commercial, corporate,…
Read MoreNavigating CAM Reconciliation Challenges as a Tenant
As a commercial tenant, you are no stranger to the Common Area Maintenance (CAM) charges included in your lease agreement. CAM fees cover various expenses associated with the maintenance, repair, and operation of shared common areas in a commercial property. While the charges are a common practice, CAM reconciliation can be a daunting task. CAM…
Read MoreCRE Tech: Embracing the Revolution
Harnessing AI and Machine Learning for Common Commercial Real Estate Tasks in SaaS Applications The world of commercial real estate (CRE) has witnessed significant advancements in technology, reshaping the way businesses operate within the industry. At Fischer Solutions, we are leading the way for CRE tech advancements since the release of our software in the…
Read MoreCommercial Real Estate Technology: PropTech Data & Analytics
In the world of commercial real estate property management, the PropTech market is huge. Future Market Insights reported its value at $18.2B in 2022 in the U.S. alone. Over the next 10 years, projections have its value reaching $86.5B. Commercial real estate technology is key to being competitive in today’s market. PropTech, short for Property…
Read MoreLease Administration Reporting: The Key to Efficient CRE Management
Effective lease administration reporting is essential for managing commercial real estate portfolios, ensuring compliance, and maximizing operational efficiency. Fischer Solutions’ ManagePath streamlines the lease management processes with one of the most important features being robust reporting tools. Lease administration reporting refers to the process of collecting, analyzing, and presenting data related to leased properties or…
Read MoreTrigger Logic: Unlocking Efficiency
Trigger logic is a powerful tool that can revolutionize how commercial real estate professionals operate. In the fast-paced world of commercial real estate, an efficient workflow is key to success. With multiple properties, complex transactions, and diverse stakeholders, optimizing workflows is critical for staying ahead of the competition. Trigger logic applies to rules or conditions…
Read MoreSoftware Implementation: Mapping RE & Accounting Communication
During lease accounting software implementation, effective communication and collaboration between accounting professionals and real estate teams are crucial for success. The introduction of new lease accounting standards has added complexity to lease management, making it more challenging to maintain accurate financial records. However, with the advent of lease accounting software, accounting and real estate professionals…
Read MoreStreamline CRE Projects with Automated Cash Flow Forecasting
A critical aspect of capital project planning in the commercial real estate (CRE) industry is cash flow forecasting. Effective cash flow forecasting ensures that sufficient funds are available at each stage of the CRE project. Thus, allowing for timely payments to contractors, suppliers, and other stakeholders. Cash flow forecasting is a financial management process that…
Read MoreA Quick Guide to GASB 96:Government Accounting for Subscription Software
GASB 96 has garnered significant attention recently, as it was issued on May 20, 2023. In this comprehensive guide, we will delve into what GASB 96 is, and its purpose for subscription-based information technology arrangements. Subscription-Based Information Technology Arrangements (SBITAs), also known as SBITAs, refer to contractual agreements between government entities and technology service providers.…
Read More