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Managing large property portfolios entail a range of tasks that can make property management complex and tedious. Add to that, monthly property accounting and financial reporting can further compound these challenges. With so much at stake, real estate owners and property management companies are increasingly adopting outsourcing as their go-to-strategy for property accounting services to
The business model of sports has changed worldwide. Professional sports bodies are grappling with the issues of falling attendance, viewership and advertising revenues. Even the sporting leagues and their star players are unable to leverage their followers and fan base to turnaround their situation. With the sustainability of this model raising questions, the sporting industry
This is the second part of the two-part blog about CMS Solutions for E-commerce services. (You can read the first part here that talked about other CMS solutions such as Shopify, Magento, BigCommerce, and WooCommerce.) OpenCart OpenCart is a lightweight, open-source CMS platform that is multifunctional, free to use, and upgrade. It has numerous templates
Common area maintenance (CAM) is one of the most contentious clauses in a commercial lease contract. Tenants are mostly on guard regarding the expenses charged under CAM costs. As such the process of reconciling these expenses demand time, meticulous attention, and a thorough understanding of the clause and the type of expenses that can be
Continuing with our series of lease abstraction FAQs we have shortlisted a few more questions that can help better understand the role of lease abstraction and how it can benefit real estate players in driving business, operational, asset, and economic value. Who needs lease abstraction? If you are reading this, you probably are looking to
Common area maintenance (CAM) reconciliation is a key process in commercial leasing as it helps recover the money used to maintain and operate the property. But CAM reconciliation is a tedious, complex, arduous, and time-consuming task that demands dedicated focus, attention, and skill. Given the challenging requirements and increasingly growing complex commercial lease portfolios, most
According to Statista, global retail e-commerce sales will reach $6.54 trillion US by 2022, which is twice more than in 2019. Numerous businesses are moving sales online and the competition in the online market is fierce. To survive, succeed and sustain in today’s eCommerce market, your online business needs to be fast, affordable, and easy
Planning a trip, whether it is for business or leisure, starts with an internet search. From deciding on a location, places to visit, eat and stay, every decision is based on the information gathered online. So, if a hotel is looking to attract more guests, it has to start by maximizing its visibility and exposure
Lease abstraction is gaining immense popularity, and for good reason. It helps access every basic and critical lease information quickly that offers better visibility into the portfolio, enables informed decision making, and time management and administration of leases. It also allows timely compliance and accounting, thus greatly reducing any legal/financial risk. Lease abstraction, when done
Sports tech is changing the way athletes perform and compete. It is helping their managers generate analytics in real time and redefine the future of the game. It is also enabling fans to consume sports in ways never imagined before. Today, e-sports has makes it possible for teams, trainers, enthusiasts, fans and others to leverage