Did you know that after employee payroll, Travel and Expense Management is the second largest operational cost to businesses? It is an unavoidable task for the finance team in every company. Moreover, the expansion of the global business has increased the enormous demand for corporate tour...
Blog categorized as Real Estate
Top Reasons to Integrate KriyaGo's Expense Management Integration with Fyle
Jones Network, one of the most exclusive insurance lifecycle automation software options. for real estate businesses, serves real estate owners, property managers, developers, and contractors.
Previously their operations were mostly about insurance operations, from extraction to collections. They are...
10 Things You Must Include in Your Real Estate Lease Agreement
A Lease Agreement is the basic backbone of all transactions between the landlord and tenants. There are residential leases and commercial lease agreements that are different but there are many essentials that every lease must include, no matter what the type. It lays out the terms and conditions of ...
How Real Estate Companies Can Benefit From a Digital Tenant Experience
COVID-19 came as a shock to most businesses. Entire industries suffered a lack of demand, while supply chains became more fragile than ever.
Worst of all, many companies had to down their shutters faced by dwindling sales.
However, one thing emerged as a positive factor to make many busine...
7 Clauses You Must Have In Your Lease Agreement
If you're planning to lease out your property, you may have to consider getting a lease agreement prepared before looking for tenants. Lease agreements are written documents to safeguard your property from damages or any legal issues with the Tenant. All the clauses mentioned in this agreement shoul...
Why is Expense Management Important for Real Estate
Real estate firms incur expenses just like any other business. According to the National Association of Realtors, real estate agencies have a median business expense of $6,290.
As a result, it makes sense to manage your expenses to derive more value. It will help you gain control over your busi...
Modern-day property management software has made real estate processes easier. With several options, real estate companies struggle to make the right technology choices. Proper planning of business goals can help you define your technological needs. If you want to automate several processes, then on...
The Top 10 Property Accounting Mistakes You Need to Avoid
As a property manager, accounting is a significant part of your work. In 2020 alone, 5.64 million existing homes were sold in the US. With so much transactional data, you need to have strong accounting skills to maintain a realistic picture of your company's financial health.
IFRS 16: Are You Ready For The Big Change?
The International Accounting Standards Board (IASB) introduced IFRS 16 Leases in January 2016. IFRS 16 brings a new lease accounting system, changing the way companies report under IFRS.
Almost all companies utilize leasing in some form or the other, with some leasing retail spaces while ...
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