Trigger 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…

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Software 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…

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Streamline 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…

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Streamline Your Operations: Essential Features for Lease Admin

In the fast-paced world of commercial real estate, it’s beneficial to streamline your operations. Efficient lease administration and project management are critical for success. With a plethora of tasks to handle, relying on manual processes can be time-consuming, error-prone, and hinder overall productivity. Commercial real estate lease administration and project management software solutions offer a…

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A Single Software Solution for Lease and Project Management

Lease administration and project management for your commercial real estate portfolio are two critical business functions. They require extensive planning, organization, and execution. While these two functions operate on their own, they are closely interlinked and often impact each other. Therefore, these functions integrated into a single software solution deliver numerous benefits to businesses of…

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Commercial Lease Administration: Uncovering the Hidden Costs

Commercial lease administration can be complex and confusing, with many hidden costs that can add up over time. It’s essential to thoroughly review lease agreements, consider all potential expenses, and communicate with landlords to identify costs that may arise. Hidden costs in lease administration refer to additional expenses or charges that may not be immediately…

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Location Analytics: When Location Matters

Location analytics has become an essential tool for businesses looking to expand or optimize locations for their operations. In the Business-to-Consumer (B2C) segment, this is a critical step in maximizing your return on investment. Location analytics refers to the process of collecting, analyzing, and interpreting data related to the physical location of a property. It…

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How to Benefit from Cloud Migration

In today’s digital age, Cloud Migration is a must. Businesses of all sizes are generating massive amounts of data. However, managing and storing data can be a significant challenge for many businesses. Small to medium-sized businesses (SMBs) may not have the necessary resources to manage their data efficiently. Migrating your data to a cloud-based solution,…

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A Guide to ESG in Commercial Real Estate

The future of commercial real estate is becoming increasingly tied to Environmental, Social, and Governance (ESG) considerations. Investors and tenants place greater emphasis on sustainability and social responsibility. In turn, companies are adapting by incorporating ESG principles into their operations. Environmental, Social, and Governance (ESG) refers to the three key areas that companies and investors…

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