A real estate business has a lot of paperwork; it might be monotonous, but it is extremely important to run the business smoothly. One of these crucial but tedious works is CAM reconciliation or Common Area Maintenance Reconciliation work. Though this is a part of the more extensive lease agreement,...
Blog categorized as Outsourcing
Top Reasons to Outsource Your Lease Abstraction
A complete lease can be filled with legal word jargon and complex language. It can end up being a nightmare for you if you are not trained to understand these. Getting a concise summary of the lease makes life much easier for a property manager. Finding comprehensible information and data from huge ...
7 Common Cyber Security Threats to Small Businesses and Accounting Firms
Security threats are not new in businesses across industries, and these breaches take a major hit on a company's financials. A Tripwire news report on an IBM security study points out that each incident of security breach costs companies about $3.92 million per incident. These cost a lot of money, a...
When Should You Start Outsourcing Your Business Processes?
More companies are looking to outsource most of their business functions. According to Fortunly, about 54% of companies use third-party services to interact with their customers. While cost-cutting is a common outsourcing goal, companies have their own reasons for outsourcing. Some want special...
How Outsourcing Helps With Real Estate Business Growth
Property management is a demanding job. Unlike a 9 to 5 job, managing properties requires you to work at your client’s convenience. On top of that, property managers also need to handle marketing, legal work, maintenance, and other tasks. Looks challenging? You can overcome most of your business obs...
Signs That You Need to Outsource Your IT Requirements
Running a business is not a simple task. Entrepreneurs have to handle countless workflows and processes every single day. On top of that, they also have to manage the company's IT operations and digital needs.
At times, things go beyond the capability of entrepreneurs to man...
How Outsourcing Helps With Real Estate Business Growth
Property management is a demanding job. Unlike a 9 to 5 job, managing properties requires you to work at your client’s convenience. On top of that, property managers also need to handle marketing, legal work, maintenance, and other tasks. Looks challenging? You can overcome most of your business obs...
How To Outsource Back Office Functions Effectively
With the growth of your real estate business, non-core tasks such as accounting, administration, and compliance can become hard to manage. Instead of hiring more staff, you can choose to outsource these back-office tasks. Outsourcing has numerous benefits which is why over more than a third...
6 Reasons To Outsource Your Back Office Accounting
The real estate industry deals with a large number of transactions every day. In 2020 alone, 5.64 million existing homes were sold in the US. These transactions also vary in magnitude from huge property investments to small maintenance expenditures. That’s why accounting and bookkeeping pl...
Outsourcing During Pandemic: What You Need To Know
The Covid-19 pandemic brought unprecedented changes to every global industry--including real estate. Companies are making up for the lost time by rethinking their work strategy. As more employees have started working remotely, property managers are also considering outsourcing.
Outs...
Categories
- Uncategorized
(18)
- Real Estate
(9)
- Technology
(13)
- Outsourcing
(12)
- Business
(23)
- ERP
(5)













