CRE Management | What You Need to Know About the Vital Role of a Robust Purchase Order and Budget Approval Process

The complexity of commercial real estate (CRE) management demands sophisticated tools to streamline processes, minimize risks, and maximize returns. Among the essential features of any robust commercial real estate software solution is a well-integrated purchase order and budget approval process. CRE Management, often referred to as Commercial Property Management, is a specialized branch of real…

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Site Selection | How Do I Make Data Useful for Critical Decisions?

Ah, site selection… let me know if this sounds familiar: We need a new data center! We need to open fifteen new locations every year for the next ten years! We need a new R&D center! You’re the director of real estate and you’ve been tasked with finding these locations.  What to do? Where to start? You could call a…

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CRE Portfolio Management Software | Document Management Features You Need

When you’re on the hunt for commercial real estate (CRE) portfolio management software, efficient management of documents is a critical aspect of ensuring that every operation runs smoothly. Whether you are dealing with leases, appendices, floor plans, or invoices, the ability to access and manage documents effectively can make a substantial difference in your workflow.…

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BI Tools | Context is Key

Over the years I’ve been asked to review and assess clients’ internally developed business intelligence (BI) tools and platforms on more than a few occasions. Some of them are great, and some of them could use some work. As an example of the latter, a few years ago, I was working on one of these business…

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Real Estate Lease Administrator | Defining the Role

For commercial real estate tenants, having a skilled Real Estate Lease Administrator is essential to navigate the complexities of a lease portfolio. However, unless you have actively worked in this field, you might not know exactly what it all entails and why this person might be your secret weapon for success. A commercial real estate…

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Commercial Real Estate Tech Teams: Communication is Key

Commercial real estate tech teams are heavily relied upon to streamline operations, manage leases, and ensure compliance with accounting standards such as ASC 842 and IFRS 16. Software solutions, such as ManagePath, are not just tools; they are the backbone of a company’s success in today’s competitive market. However, even the most advanced software is…

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Seamless Integration: Integrating Cloud-Based Solutions with Existing Systems

Cloud-based solutions within the world of commercial real estate management have evolved significantly over the years. Technology plays a pivotal role in streamlining operations, enhancing efficiency, and optimizing decision-making for your business. Cutting-edge cloud-based tools, particularly those hosted in the Amazon Web Services (AWS) cloud, provide robust property management and accounting capabilities. Solutions such as…

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Portfolio Strategy is Easy, Right?

If portfolio strategy is a conversation your team is having, let’s lay out a scenario and see if it resonates. You are a real estate executive who just got an email from the CFO asking why our annual lease costs are up 5%.  You scramble around gathering emails, spreadsheets, and previous and current lease agreements…

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Project Trigger Logic: Maximizing Efficiency

ManagePath has revolutionized the way businesses handle their lease portfolios, bringing order and efficiency to a previously convoluted process. One of the standout features that takes lease management to the next level is project trigger logic tied to critical dates. Project trigger logic refers to the set of conditions that initiate a specific project within…

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Lease 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…

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