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Real estate players are increasingly installing lease administration and accounting software. Given the stringent compliance mandate by International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB), expansive portfolios and complex nature of transactions, software applications have become rather mainstream. While some prefer to go for a single vendor approach for both
Commercial real estate can be a very lucrative business but managing it is a different ball game altogether. All things considered, commercial property management can be tedious, complex and extremely time-consuming. It is a demanding process and if not done well can negatively impact business. Hiring a property management can help run operations smoothly, but
Did you know that A+ enhanced marketing content (EMC) can boost your conversion on Amazon by up to 10%? In a nutshell, EMC allows you to add rich product details, extra high-quality images and promote brand to drive more brand awareness. A+ Content not just boosts conversion but also attracts customers who may not be
Do you know that 98% shoppers are dissuaded from completing a purchase due to inaccurate or missing information? Catalog management, if not done properly can be detrimental for the business. But as an ecommerce player you probably are already aware of the fact that a well-managed product catalog acts as a solid foundation that can
Retail continues to change rapidly, driven largely by consumer expectations and emerging technologies. Not only millennials but all consumers now expect ecommerce services that offer reliability, convenience, speed and security. One big trend that shows no signs of slowing down is the demand for custom retail experiences. This often involves face-to-face encounters but can also
When you have a business that’s growing and expanding. The temptation to have your own office is strong at this stage and you want to lease your office space. However, it is important to be aware of the many pitfalls that most businesses owners make when leasing for the first time. Prioritize Budget and Function
It is the era of ecommerce where Amazon alone is recording net revenue of $177.87 billion, while the industry itself has experienced almost 25% growth worldwide. However, despite this growth and the promise of opportunity ecommerce holds for entrepreneurs, many end up making costly mistakes. Here are some of the ecommerce essentials that every aspiring
We live in an age where countries or regions can go from being ‘safe travel destinations’ to ‘terror prone’ or ‘trouble spots’ in a matter of minutes. Naturally, it has become a high priority for travel companies to act on security and risk management. Given this, business leaders are struggling to ensure the safety of
Pricing is considered as one of the most important criteria for online shoppers while making their final purchase decision. More than 60% online shoppers marked pricing as the first indicator. Clearly, pricing is one of the most important factors considered by consumers before making their final purchase decision. Did you know that over 90% of
There are certain dates we fondly remember; still others we tend to forget despite trying hard to remember. But for all commercial real estate professionals, there are certain dates that will remain etched in their memory, thanks to FASB leasing standards taking effect soon. If you’re a public company, the date is December 2018. If