Posts Tagged ‘ManagePath’
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…
Read MoreSite 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…
Read MoreCRE 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.…
Read MoreCommercial 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…
Read MoreSeamless 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…
Read MorePortfolio 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…
Read MoreProject 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…
Read MoreROU 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 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 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…
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