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Real estate is an asset-heavy business, which makes managing the business quite complex and tedious. Add to this, property managers are also tasked with managing property accounting, which could be increasingly challenging given the volume and type of portfolios. Poor property accounting is a huge liability resulting in error-riddled books with missed revenues, expenses, and
In the era where everything is online, businesses are quickly expected to adapt to the ever-changing ways of technology and the market. The customers want the businesses to meet their expectations without notice, hence, one must have the ability to fulfill it at a lightning speed. How does your business do that when you are
The assurance of certainty of services is what enables businesses to carry on even in the most uncertain times. While uncertainty is a part of human life and evolution, unprecedented incidents such as the Covid-19 pandemic cause paradigm-shifting disruptions very quickly and very suddenly with lasting impact. To be able to navigate through such unpredictable
The commercial real estate industry is slowly gaining its strength back. As per a recent survey, 55% of commercial tenants are looking at prioritizing long-term leases (5years and more), while 65% of landlords are expecting their tenants to demand additional space. As the commercial real estate sector prepares for recovery and expansion, both tenants and
Common area maintenance (CAM) reconciliation is an annual process that forms an integral part of any commercial lease administration. It is critical for property managers, who are tasked with handling this task, to understand how the process progresses through the year and have clear visibility into the relevant data. CAM reconciliation is a complex, time-consuming
Common area maintenance cost (CAM) forms a big part of the commercial occupancy cost. CAM expenses are integral to any commercial leasing contract, and it benefits both tenants and the landlord. That said, tenants tend to have very little control over or visibility into the CAM expenses and it is the landlord who has the
Common area maintenance cost (CAM) forms a big part of the commercial leasing expense. It is often a source of stress and contention for tenants as CAM costs do not follow a set structure and there is a certain lack of transparency as to how they are calculated. While most tenants pay CAM expenses in
While the sports betting industry has been picking up steam, it has gained remarkable growth in recent times and would continue to do so, with research indicating that the global market size is estimated to reach over $140 billion by 2028. The growth in part is the ever-growing interest in sports and also how industry
Global e-commerce sales have seen unprecedented growth fueled by Covid-19 restrictions which are estimated to jump to nearly $26.7 trillion in online sales. This meteoric growth, which continues to accelerate has spurred a massive demand for catalog management solutions and services. According to research, the catalog management system market is expected to grow at 9%
Reference data plays a key role in driving business processes and applications. Businesses across sectors including business and financial service companies, credit rating agencies, technology firms, and data and information service providers, rely heavily on reference data. As such, any faulty reference data or error in data management pose a significant operational and financial threat,