<?xml version="1.0" encoding="UTF-8" ?><!-- generator=Zoho Sites --><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/"><channel><atom:link href="https://www.kriyago.com/blogs/tag/real-estate-technology/feed" rel="self" type="application/rss+xml"/><title>KriyaGo - Blog #real estate technology</title><description>KriyaGo - Blog #real estate technology</description><link>https://www.kriyago.com/blogs/tag/real-estate-technology</link><lastBuildDate>Tue, 21 Apr 2026 23:02:45 -0700</lastBuildDate><generator>http://zoho.com/sites/</generator><item><title><![CDATA[The 93–7 AI Problem: Why Real Estate AI Falls Short | KriyaGo]]></title><link>https://www.kriyago.com/blogs/post/the-93–7-ai-problem-why-real-estate-ai-falls-short-kriyago</link><description><![CDATA[<img align="left" hspace="5" src="https://www.kriyago.com/The-93-7-Problem-Why-Your-AI-Investment-Might-Be-Missing-the-Mark_Squr.jpg"/>Why most AI investments fail in real estate, learn how the 93–7 gap between technology and people blocks adoption and how to fix it.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_0ycwgHlSQ0GFzdGssa9FlA" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_ZfdGGlNlSBWuJZlUnrYAiQ" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_FDT3M72CROKomz7Xd02N-Q" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_CGdPEsMK9o592EQtL3gHkg" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_CGdPEsMK9o592EQtL3gHkg"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/The-93-7-Problem-Why-Your-AI-Investment-Might-Be-Missing-the-Mark_Rect.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_lAvx84M0SJCILH7OBGHp_A" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><p><strong>And how KriyaGo is building technology that actually works for real estate teams</strong></p></div>
</div><div data-element-id="elm_kVImIbc47vw6HpfAv2oKyw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p><span>The numbers are staggering. According to Deloitte's latest research, companies are allocating 93% of their AI budgets to technology and only 7% to<b> the people expected to use it</b>. Bill Briggs, Deloitte's Global CTO, calls this a critical error organizations obsessing over the &quot;ingredients&quot; while ignoring the &quot;recipe.&quot;</span></p><p><span>At KriyaGo, we've seen this firsthand across hundreds of real estate organizations. Property management companies invest millions in enterprise platforms such as Yardi and MRI Software, only to see adoption stall, integrations fail, and teams revert to spreadsheets. Technology isn't the problem. The approach is.</span></p></div><p></p></div>
</div><div data-element-id="elm_kwkizyd13UrLN9XyYuufWw" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:28px;">The Real Cost of &quot;Institutional Inertia&quot;</span></h2></div>
<div data-element-id="elm_WO226LwCKEfxyTbW3-9AsA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Briggs describes a phenomenon he calls &quot;institutional inertia,” where companies try to fit AI into existing workflows rather than reimagining processes holistically. Sound familiar? Every property manager who's been told to &quot;just use the new system&quot; while drowning in manual reconciliations knows exactly what this feels like.</span></p><p><span><br/></span></p><p><span>The consequences are measurable. Deloitte's research shows that corporate workers' trust in generative AI declined by 38% in just three months in 2025. Meanwhile, &quot;shadow AI&quot; is exploding 43% of workers now use unauthorized tools because they're &quot;easier to access&quot; and &quot;better&quot; than approved corporate solutions.</span></p><p><span><br/></span></p><p><span>This isn't a technology failure. It's a human-centered design failure.</span></p></div><p></p></div>
</div><div data-element-id="elm_M4AkP5ZKMu3BfRidlNqusA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:28px;">A Different Approach to PropTech AI</span><span></span></h2></div>
<div data-element-id="elm_XXfy-_P4cXTBKT6uxKrjiQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>KriyaGo was built on a fundamentally different premise: <b>AI should eliminate complexity, not add to it.</b></span></p><p><span>Our nine AI-powered products from KriyaBalance for automated reconciliation to KriyaSync for real-time integrations were designed by teams who've spent decades in the trenches of property management technology. We understand that a brilliant algorithm means nothing if your accounting team can't trust its outputs.</span></p><p><span><br/></span></p><p><span>That's why every KriyaGo solution focuses on three principles:</span></p><p><span><br/></span></p><p><b>Transparency over black boxes.</b><span> When KriyaBalance reconciles your bank transactions, you see exactly how it matches each item. When KriyaSync moves data between systems, you get complete audit trails. AI should explain itself, not mystify.</span></p><p><span><br/></span></p><p><b>Integration that actually integrates.</b><span> Our 120+ proprietary integration assets connect Yardi, MRI, Procore, and dozens of other platforms because real estate operations don't live in a single system. We've invested for years in building the connectors that vendors should have built themselves.</span></p><p><span><br/></span></p><p><b>People-first implementation.</b><span> We don't just hand over software and wish you luck. Our team includes former property accountants, system administrators, and operations leaders who understand that technology adoption is fundamentally a change management challenge.</span></p></div><p></p></div>
</div><div data-element-id="elm_lv51K6VILJA0lKmfTJig_Q" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:28px;">The Training Gap That Nobody Talks About</span><span></span></h2></div>
<div data-element-id="elm_jOgJlu8a0isDCp8pegtTrg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Here's a statistic that should concern every real estate executive: workers who received hands-on AI training reported <b>144% higher trust</b> in their employer's AI than those who didn't. Yet most PropTech implementations treat training as an afterthought, a half-day session before go-live, then radio silence.</span></p><p><span><br/></span></p><p><span>KriyaGo approaches this differently. Our implementation methodology includes structured knowledge transfer, ongoing support, and documentation designed for real estate professionals, not software engineers. We're developing comprehensive training programs on property accounting fundamentals, CAM recovery processes, and AI terminology for property management teams.</span></p><p><span><br/></span></p><p><span>Because here's what Deloitte's research confirms: the fastest path to AI ROI isn't better technology. It's a better preparation for the people who'll use it.</span></p></div><p></p></div>
</div><div data-element-id="elm_eoRDcNq43WYG-obpu6sbyg" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><b><span style="font-size:28px;">Looking Ahead:</span></b><span style="font-size:28px;"> The Agentic Future</span><span></span></h2></div>
<div data-element-id="elm_OMS3Cqk6BjQoUO2mbVeMzw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The next wave of AI, what industry analysts call &quot;agentic AI,&quot; will move beyond answering questions to performing discrete real-world tasks as digital coworkers. Imagine an AI that doesn't just flag reconciliation exceptions but resolves routine ones automatically. Systems that not only report lease expirations but also draft renewal communications.</span></p><p><span><br/></span></p><p><span>KriyaGo is building toward this future, but with guardrails in place. Autonomous doesn't mean unsupervised. Our roadmap includes agentic capabilities that augment human decision-making while maintaining the oversight and control required by regulated industries.</span></p></div><p></p></div>
</div><div data-element-id="elm_Kt44wFzb2GvpaMRPmuYa7w" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;color:rgb(226, 49, 29);"><b>The Bottom Line</b></span><span></span></h2></div>
<div data-element-id="elm_cS3REAwpZ6njxW2KqZI9Xg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The gap between AI potential and AI reality isn't closing because companies keep buying more technology. It closes when organizations invest equally in their people, training, workflows, and trust.</span></p><p><span><br/></span></p><p><span>Deloitte's Bill Briggs puts it: &quot;No matter how much traffic there is, the sooner you leave, the sooner you can get there.&quot; The organizations winning with AI aren't waiting for perfect conditions. They're starting now, with partners who understand that technological transformation is fundamentally human transformation.</span></p><p><span>That's the approach KriyaGo brings to every engagement. Not just software. Not just integrations. A complete methodology for making AI work in real estate operations.</span></p><p><span><br/></span></p><p><b>Ready to close your own 93-7 gap?&nbsp;</b><a href="/contact-us" title="Contact our team" rel=""><span style="color:rgb(48, 4, 234);">Contact our team</span></a> to discuss how KriyaGo can transform your property management technology stack.</p></div>
<p></p></div></div><div data-element-id="elm_UudnVI25kS60LPH2f0xL6g" data-element-type="divider" class="zpelement zpelem-divider "><style type="text/css"></style><style></style><div class="zpdivider-container zpdivider-line zpdivider-align-left zpdivider-align-mobile-center zpdivider-align-tablet-center zpdivider-width100 zpdivider-line-style-solid "><div class="zpdivider-common"></div>
</div></div><div data-element-id="elm_sjAwrU1Xr0mI4QCDVQxGSw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><strong>KriyaGo is a PropTech platform offering AI-powered solutions for real estate operations, including automated reconciliation, system integration, and intelligent workflow automation. With 120+ proprietary integration assets, we connect leading property management platforms, including Yardi, MRI Software, and Procore.</strong></p></div><p></p></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 30 Jan 2026 04:44:06 -0500</pubDate></item><item><title><![CDATA[Smart Buildings, Dumb Finance: Connecting IoT to P&L | KriyaGo]]></title><link>https://www.kriyago.com/blogs/post/smart-buildings-dumb-finance-connecting-iot-to-p-l-kriyago</link><description><![CDATA[<img align="left" hspace="5" src="https://www.kriyago.com/Smart-Buildings-Dumb-Finance-Connecting-IoT-Sensors-to-Your-P-L_Squr.jpg"/>Smart buildings generate massive IoT data, but finance can’t use it. Learn how connecting sensors to P&L unlocks ROI, ESG, and NOI insights.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_sEE3tTxORfO2yjjZtJgNPQ" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_zfdUUJM_T1mQahqilxPMQw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_P3i3QH2VQ26ZX584B-nk5w" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_B2pewTihAmM0Vj6CjCck6Q" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_B2pewTihAmM0Vj6CjCck6Q"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="left" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-left zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Smart-Buildings-Dumb-Finance-Connecting-IoT-Sensors-to-Your-P-L-Rect.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_wUSzwu4nQyGBmbA_ytPx6A" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>The Edge in Amsterdam has 28,000 sensors. It knows when you arrive, adjusts lighting to your preferences, optimizes HVAC based on occupancy patterns, and tracks energy consumption at the individual workstation level. It's been called the smartest building in the world.</span></p><p style="margin-bottom:12pt;"><span></span></p><div><p style="margin-bottom:12pt;"><span>But here's the question nobody's asking: can the CFO connect any of that sensor data to the building's financial performance?</span></p></div><p></p></div><p></p></div>
</div><div data-element-id="elm_61Ke8TBYbxTW4vALwX0eyA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span><span><span><span>The IoT Explosion in Commercial Real Estate</span></span></span></span></h2></div>
<div data-element-id="elm_RPGsxUgR0JlckPPsjT2P_g" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>The numbers are staggering. Gartner predicts more than 4 billion connected IoT devices in commercial smart buildings by 2028. JLL reports that smart building technology investments have grown 30% annually over the past five years. Deloitte's <a href="https://www.deloitte.com/us/en/services/consulting/services/smart-buildings-solutions.html"><span style="text-decoration-line:underline;color:rgb(48, 4, 234);">Smart Buildings Solutions practice</span></a> describes modern buildings as &quot;living systems equipped with sensors and AI-driven capabilities that boost efficiencies, effectiveness, safety, and the user experience.&quot;</span></p><p style="margin-bottom:12pt;"><span>Property owners and operators are investing heavily in this technology. Occupancy sensors optimize space utilization. Environmental monitors track air quality and temperature. Energy meters capture consumption at granular levels. Predictive maintenance systems monitor equipment health. Digital twins create virtual replicas of physical assets.</span></p><p style="margin-bottom:12pt;"><span>The operational benefits are real. Buildings with comprehensive IoT deployments report energy savings of 20-30%, reduced maintenance costs, and improved tenant satisfaction scores. Technology works.</span></p></div><p></p></div>
</div><div data-element-id="elm_VBVwG15gwtXv6zWMUy8Qdg" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span><span><span><span>The Financial Disconnect</span></span></span></span></h2></div>
<div data-element-id="elm_rb8PTHqzGg4bXc3ICBs71w" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>But there's a problem. All of this sensor data lives in building management systems, IoT platforms, and operational dashboards, completely disconnected from financial systems. The facilities team knows that Building A consumed 15% less energy this quarter. The finance team sees a utility expense line item in Yardi or MRI. Nobody can easily connect the two.</span></p><p style="margin-bottom:12pt;"><span>This disconnect creates real business challenges. When the CFO asks, &quot;What's the ROI on our smart building investment?&quot; the answer requires manual data gathering from multiple systems, spreadsheet gymnastics, and assumptions that may or may not reflect reality. When investors want to understand how ESG initiatives affect NOI, the analysis takes weeks rather than minutes.</span></p><p style="margin-bottom:12pt;"><span></span></p><div><p style="margin-bottom:12pt;"><span>McKinsey's research on smart building adoption found that while 90% of real estate executives believe IoT will transform their industry, fewer than 20% have successfully connected operational technology data to financial outcomes. The sensors are smart. The finance systems are robust. But they don't speak the same language.</span></p></div><p></p></div><p></p></div>
</div><div data-element-id="elm_BAFnXx1h6eqpS2aXUlVZ8Q" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span><span><span><span>The Missing Translation Layer</span></span></span></span></h2></div>
<div data-element-id="elm_AMfgLcu_PzRSlM3YDdjoGg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>The challenge isn't technical capability, it's architectural. IoT platforms generate time-series data: temperature readings every five minutes, occupancy counts every hour, energy consumption in 15-minute intervals. Financial systems work with transactional data: monthly utility invoices, quarterly operating expenses, and annual capital budgets.</span></p><p style="margin-bottom:12pt;"><span>Connecting these worlds requires more than an API call. It requires intelligent aggregation, rolling up millions of sensor readings into financially meaningful metrics. It requires normalization, converting kilowatt-hours into dollars and occupancy percentages into revenue per square foot. It requires attribution, allocating shared building costs to individual tenants or business units based on actual usage patterns.</span></p><p style="margin-bottom:12pt;"><span>This is middleware work. Purpose-built integration that understands both the operational language of building management systems and the financial language of real estate ERPs. Without it, smart buildings generate impressive dashboards that never reach the boardroom.</span></p></div><p></p></div>
</div><div data-element-id="elm_mOw0iikP2OZYpzq2ntN0Uw" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span><span><span><span>From Data to Decisions</span></span></span></span></h2></div>
<div data-element-id="elm_V7Nlu_L1BbQ-lVS5ftYVQw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>When IoT data flows into financial systems, new capabilities emerge. Energy consumption patterns inform utility accruals with unprecedented accuracy. Occupancy data drives more precise CAM reconciliations. Equipment runtime hours trigger depreciation adjustments and maintenance reserves. Tenant comfort metrics become variables in lease renewal models.</span></p><p style="margin-bottom:12pt;"><span>Consider a practical example. Your building management system indicates that the HVAC equipment in Building C is operating 40% higher than comparable assets. Without financial integration, this is an operational data point. Economic integration automatically triggers a variance flag in your maintenance budget, updates your capital planning model to reflect potential replacement timing, and adjusts your property NOI forecast.</span></p><p style="margin-bottom:12pt;"><span>CBRE's research on brilliant building ROI emphasizes that value realization depends on &quot;closing the loop between operational improvements and financial performance.&quot; The technology that closes that loop is integration infrastructure, not more sensors.</span></p></div><p></p></div>
</div><div data-element-id="elm_LErXDxZhmGIiDfQxsXzQvg" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span><span><span><span>The ESG Imperative</span></span></span></span></h2></div>
<div data-element-id="elm_XtmeEGAfHITAyNKhqCpB9Q" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>The stakes are rising. With CSRD, SEC climate rules, and building performance standards tightening globally, organizations need auditable connections between operational data and financial reporting. When regulators ask how you calculated your Scope 2 emissions, &quot;we pulled data from the BMS and put it in a spreadsheet&quot; isn't a defensible answer.</span></p><p style="margin-bottom:12pt;"><span>Smart building infrastructure generates the source data for ESG compliance. Financial systems produce reports that satisfy regulators and investors. The integration layer between them creates the documented, traceable data lineage that auditors require. Without it, organizations face either compliance risk or enormous manual effort to bridge the gap.</span></p></div><p></p></div>
</div><div data-element-id="elm_pruiMCPMPpjJFfNncYpL5A" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span><span><span><span>Making Smart Buildings Financially Intelligent</span></span></span></span></h2></div>
<div data-element-id="elm_YLbqyQs3CHW2p9BUtOOo6g" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>At KriyaGo, we build the integration infrastructure that connects operational technology to financial systems. Our <a href="https://www.kriyago.com/connect-360-1"><span style="text-decoration-line:underline;color:rgb(48, 4, 234);">Connect 360 platform</span></a> bridges building management systems, IoT platforms, and energy monitoring tools to Yardi, MRI, and the broader real estate financial ecosystem. We handle the aggregation, normalization, and attribution that transform sensor data into financial intelligence.</span></p><p style="margin-bottom:12pt;"><span>With over 120 proprietary integration assets purpose-built for real estate, we understand both sides of the conversation, the operational language of smart buildings and the financial language of property management. We automatically translate between them continuously and at scale.</span></p><p style="margin-bottom:18pt;"><strong>Your buildings are getting smarter every day. It's time your financial systems caught up.</strong></p></div><p></p></div>
</div><div data-element-id="elm_w8cc2HeDwlTH9TkXJzfrVA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b>Ready to connect your smart building data to financial outcomes?</b></span><span><span></span></span></h2></div>
<div data-element-id="elm_REtl4lnOOBO5mxZqMwwasg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;">See how <strong>KriyaGo </strong>bridges IoT platforms and real estate ERPs. <span style="text-decoration-line:underline;color:rgb(48, 4, 234);"><a href="/contact-us" title="Request a demo" rel="">Request a demo</a></span> to explore our innovative building integration solutions.</p></div><p></p></div>
</div><div data-element-id="elm_vSNSJUmKTA2Jj_SQlh96WQ" data-element-type="button" class="zpelement zpelem-button " data-animation-name="bounceIn" data-animation-repeat="true"><style></style><div class="zpbutton-container zpbutton-align-left zpbutton-align-mobile-center zpbutton-align-tablet-center"><style type="text/css"></style><a class="zpbutton-wrapper zpbutton zpbutton-type-primary zpbutton-size-md zpbutton-style-oval " href="/contact-us" target="_blank"><span class="zpbutton-content">Get Started Now</span></a></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 24 Dec 2025 07:19:33 -0500</pubDate></item><item><title><![CDATA[The Last Mile of Real Estate AI: Why Clean Data Matters | KriyaGo]]></title><link>https://www.kriyago.com/blogs/post/the-last-mile-of-real-estate-ai-why-clean-data-matters-kriyago</link><description><![CDATA[<img align="left" hspace="5" src="https://www.kriyago.com/The-Last-Mile-of-Real-Estate-AI-Why-Your-Model-is-Starving-for-Clean-Data-Squr.jpg"/>AI in real estate fails without clean, connected data. Discover why the “last mile” of data preparation is the key to scalable analytics and AI success.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_JzrKuGdGQ7yMWne85Zcgsg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_Puej3Rh8TLmQGh5WwnMW0w" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_j0EDBkxBQUKqfekqW78--w" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_2ikGK7fjELz3n6klbwCkFQ" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_2ikGK7fjELz3n6klbwCkFQ"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="left" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-left zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/The-Last-Mile-of-Real-Estate-AI-Why-Your-Model-is-Starving-for-Clean-Data-Rect.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_-KjWsVHoQI6iUTX7SwRvnw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>The commercial real estate industry is pouring billions into artificial intelligence. Predictive analytics for tenant retention. Machine learning models for asset valuation. Natural language processing for lease abstraction. The technology is extraordinary and yet, for a striking number of organizations, it's delivering a fraction of its potential.</span></p><p style="margin-bottom:12pt;"><span>The problem isn't the AI. It's what you're feeding it.</span></p></div><p></p></div>
</div><div data-element-id="elm_flCWJifWn5g5_n7VbHg4Rw" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span><span>The Data Readiness Gap</span></span></h2></div>
<div data-element-id="elm_aZ37lWqoqXmY_LliizfdoA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>Recent industry research paints a sobering picture. According to <i>Deloitte's 2025 Commercial Real Estate Outlook</i>, preparing data for AI systems remains the single most significant barrier to adoption. While the report highlights growing optimism about AI's transformative potential, it also reveals that most real estate organizations struggle with a fundamental challenge: their data isn't ready.</span></p><p style="margin-bottom:12pt;"><span>This isn't a technology problem; it's an infrastructure problem. Property data lives in dozens of disconnected systems: Yardi for property management, separate platforms for construction, different tools for financial planning, spreadsheets for everything in between. Each system uses its own formats, naming conventions, and logic. When you try to feed this fragmented data into an AI model, you're asking a gourmet chef to cook with ingredients that haven't been washed, sorted, or even correctly identified.</span></p></div><p></p></div>
</div><div data-element-id="elm_QwNVGxw7qd8DBjH9Cnychw" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true">Why the '<strong>Last Mile</strong>' Matters Most<span><span></span></span></h2></div>
<div data-element-id="elm_mAOYYexcTPP-fXPAc4kayQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>In logistics, the &quot;last mile&quot; refers to the final leg of delivery, often the most expensive and complex part of the entire supply chain. In real estate AI, the last mile is data preparation: the unglamorous work of extracting, normalizing, validating, and connecting data before it ever reaches your analytics platform.</span></p><p style="margin-bottom:12pt;"><span>Consider what happens when a global portfolio owner wants to run predictive maintenance analytics across 200 properties. Those properties might use five different property management systems across three continents. Maintenance records are formatted differently in each. Some use metric measurements, others imperial. Date formats vary. Cost codes don't align. Asset classifications follow different taxonomies.</span></p><p style="margin-bottom:12pt;"><span><span><span>Before any AI model can identify patterns or predict equipment failures, someone or something needs to translate all of this into a common language. That translation layer is the last mile, and it's where most AI initiatives stall.</span></span><br/></span></p></div><p></p></div>
</div><div data-element-id="elm_idR4isiZGQgV79fvuQ3qfQ" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span><span><span><span>The Hidden Cost of Manual Data Preparation</span></span></span></span></h2></div>
<div data-element-id="elm_waTI9Pk6WtnCq3tkx-ajdQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>Many organizations attempt to address this problem by relying on people. Analysts spend hours exporting data from source systems, reformatting spreadsheets, manually reconciling discrepancies, and uploading cleaned datasets to analytics platforms. It works until it doesn't.</span></p><p style="margin-bottom:12pt;"><span>Manual data preparation creates three critical vulnerabilities. First, it doesn't scale. As portfolios grow and data volumes expand, the human bottleneck becomes prohibitive. Second, it introduces errors. Every manual touchpoint is an opportunity for mistakes, transposed numbers, missed updates, and inconsistent transformations. Third, it's slow. By the time manually prepared data reaches your AI model, it may already be stale.</span></p><p style="margin-bottom:12pt;"><span>The real cost isn't just operational inefficiency. It's the opportunity cost of AI systems operating on incomplete or outdated information, making recommendations that don't reflect current reality.</span></p></div><p></p></div>
</div><div data-element-id="elm_ms8nufeGIlDVnzZZU8yM6w" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span><span><span><span>The Middleware Imperative</span></span></span></span></h2></div>
<div data-element-id="elm_g7jIlyksdQW_8KxYJeBX6g" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>The solution isn't to replace your existing systems; it's to connect them intelligently. Purpose-built middleware creates an automated data pipeline that continuously extracts information from source systems, normalizes it into consistent formats, validates it against business rules, and delivers it to downstream platforms in a form they can actually use.</span></p><p style="margin-bottom:12pt;"><span>This approach delivers three immediate benefits. Automation eliminates the manual preparation bottleneck. Standardization ensures that data from any source system speaks the same language. Real-time connectivity ensures your AI models are continuously trained on up-to-date data.</span></p><p style="margin-bottom:12pt;"><span>For organizations running connected planning platforms, whether for financial forecasting, portfolio optimization, or operational analytics, automated data pipelines transform what's possible. Instead of spending 80% of their project time on data preparation, teams can focus on generating insights and making decisions.</span></p></div><p></p></div>
</div><div data-element-id="elm_ZwszTUzVBPGixcJ3GH-Kqg" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span><span><span><span>Beyond AI: The Data Foundation for Everything</span></span></span></span></h2></div>
<div data-element-id="elm_nklKW6q8wVmEMhLQnH7c4A" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>Clean, connected data isn't just an AI enabler, it's the foundation for every strategic initiative on the horizon. ESG reporting requires auditable data lineage. Regulatory compliance demands accuracy and traceability. M&amp;A due diligence depends on reliable portfolio information. Cross-border operations need consistent data across jurisdictions.</span></p><p style="margin-bottom:12pt;"><span>Organizations that solve the data preparation problem once with automated, scalable infrastructure position themselves to move faster on every subsequent initiative. Those who continue to rely on manual processes will fall behind, diverting resources to data wrangling while competitors focus on value creation.</span></p></div><p></p></div>
</div><div data-element-id="elm__iKc67Guv7WwBgRhxR2P3Q" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span><span><span><span>Solving the Last Mile</span></span></span></span></h2></div>
<div data-element-id="elm_67LYMUqNScZkDVj5EGM6Cg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;"><span>At KriyaGo, we've spent years building the integration infrastructure that real estate organizations need to bridge the gap between their operational systems and their analytical ambitions. Our platform automates the extraction, normalization, and delivery of property data across the leading real estate technology ecosystem from Yardi and MRI to financial planning platforms and beyond.</span></p><p style="margin-bottom:12pt;"><span>The AI revolution in commercial real estate is real. But for most organizations, realizing their potential requires first solving a more fundamental challenge: building the data foundation that enables intelligence.</span></p><p style="margin-bottom:18pt;"><strong>Your AI is only as good as the data you feed it. It's time to solve the last mile.</strong></p></div><p></p></div>
</div><div data-element-id="elm_GTsoEY8PoliwdDAylxSiaA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b>Ready to automate your Data Pipeline?</b></span></h2></div>
<div data-element-id="elm_tM83XiWX-b4jGNc25z2wXQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_tM83XiWX-b4jGNc25z2wXQ"].zpelem-text { margin-block-start:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p style="margin-bottom:12pt;">Learn how <strong>KriyaGo</strong> connects your property systems to power analytics, reporting, and AI initiatives. <a href="/contact-us" title="Schedule a demo" rel="" style="text-decoration-line:underline;color:rgb(48, 4, 234);">Schedule a demo</a> to see our integration platform in action.</p></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 24 Dec 2025 06:08:44 -0500</pubDate></item><item><title><![CDATA[Revolutionizing Real Estate Communication: Introducing KriyaSignal]]></title><link>https://www.kriyago.com/blogs/post/revolutionizing-real-estate-communication-introducing-kriyasignal</link><description><![CDATA[<img align="left" hspace="5" src="https://www.kriyago.com/Revolutionizing-Real-Estate-Communication_Introducing-KriyaSignal_SQur.jpg"/>In today's fast-paced real estate landscape, effective communication isn't just an advantage—it's a necessity.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_0HV45EFITJW5AO6aTJY6_A" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_oMfSGtiXQAq4Gz9Vl_h6Bg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_yfc-wxfETsyAYoLuB5BL0g" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_HNDn1jDvevLBttHSHfAn_g" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_HNDn1jDvevLBttHSHfAn_g"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Revolutionizing-Real-Estate-Communication_Introducing-KriyaSignal_Rect.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_Tr882t7YTgS42WxJ4Fd57g" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p><span>In today's fast-paced real estate landscape, effective communication isn't just an advantage—it's a necessity. <b>KriyaSignal</b>, powered by Kriyago, introduces a groundbreaking mass communication channel designed exclusively for the real estate industry.</span></p></div><p></p></div>
</div><div data-element-id="elm_kAJuwP4CGrg1IVXgDxfvZA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;">The Modern Property Management Challenge</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_5q3XGXPxxJXbPgSNdTtzLA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Property management today involves complex coordination between multiple stakeholders: tenants, property owners, vendors, and service providers. Traditional communication methods often create fragmentation, inefficiencies, and missed opportunities for meaningful engagement.</span></p></div><p></p></div>
</div><div data-element-id="elm_6kQfVyPErziLewZcHOaaUQ" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;">What is KriyaSignal?</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_ZwKc9VQrGXYjNCdOf-ZtIA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>KriyaSignal is an advanced email and communication tool built explicitly for MRI Software users and the broader real estate industry. This innovative platform empowers property managers, real estate executives, and proptech leaders to seamlessly connect with tenants, property owners, and vendors through intelligent, automated messaging at scale.</span></p></div><p></p></div>
</div><div data-element-id="elm_JfcXEcaDoYF34ELWKJnn_A" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;">Unified Communication Hub</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_-jTHC4NiwvcM1pYNgAWDdg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>KriyaSignal centralizes all your stakeholder communications into one powerful, intuitive dashboard. Whether you're managing residential complexes, commercial properties, or mixed-use developments, the platform ensures streamlined communication management across your entire portfolio.</span></p></div><p></p></div>
</div><div data-element-id="elm_Ke57c6INYfEVS8gZuxH0Kw" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;">Native MRI Integration &amp; ERP Compatibility</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_iXqv48f5qIL5ZYZFHDyZww" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>KriyaSignal features native API integration with MRI Software platforms while maintaining flexibility to connect with other major ERP systems. This seamless integration means your tenant information, owner details, and vendor contracts automatically sync, reducing manual data entry and potential errors.</span></p></div><p></p></div>
</div><div data-element-id="elm_uaKJzhUn2QLGB2_MHA5HQA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:800;font-size:24px;color:rgb(48, 4, 234);">Core Capabilities</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_838Nk2zHQL7Y_fOmaElqqg" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;">Intelligent Message Automation</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_K9Jas0UwRUqbkcRs6XQkOA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Transform routine communications into strategic touchpoints with automated workflows for:</span></p></div><p></p></div>
</div><div data-element-id="elm_DL5Mg_jiLbeQhAjPy0ao-A" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><b><span style="font-size:20px;font-weight:700;">Tenant Communications:</span></b></p><ul><li><span>Rent reminders and payment confirmations</span></li><li><span>Maintenance updates and work order notifications</span></li><li><span>Lease renewal communications</span></li><li><span>Emergency broadcasts and safety alerts</span></li></ul><div><br/></div>
<p><b><span style="font-size:20px;">Stakeholder Management:</span></b></p><ul><li><span>Vendor coordination and service updates</span></li><li><span>Community announcements and event invitations</span></li><li><span>Construction project updates and milestone alerts</span></li></ul></div><p></p></div>
</div><div data-element-id="elm_btAGbzoJDGmN7eJ3ssV2kA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-size:24px;color:rgb(48, 4, 234);"><span style="font-weight:800;">Advanced Digital Correspondence Features</span></span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_nhzBaA0-kG0PPQ80bTBf0Q" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><b><span style="font-size:20px;">Multi-Channel Delivery:</span></b></p><ul><li><span>Email communications</span></li><li><span>SMS messaging</span></li><li><span>Push notifications</span></li></ul><div><br/></div>
<p><b><span style="font-size:20px;">Professional Tools:</span></b></p><ul><li><span>Customizable message templates and branding</span></li><li><span>Advanced segmentation and targeting capabilities</span></li><li><span>Compliance-ready audit trails and reporting</span></li><li><span>Real-time analytics and performance tracking</span></li></ul><div><br/></div>
<p><b><span style="font-size:20px;">Built for Real Estate Professionals</span></b></p><p><span>KriyaSignal scales with your portfolio, whether you manage dozens or thousands of units. The cloud-based infrastructure ensures reliable performance, while advanced security protocols protect sensitive stakeholder information.</span></p></div><p></p></div>
</div><div data-element-id="elm_tx1Iy1xNLU6QZ_ob0iAbjw" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-size:24px;color:rgb(48, 4, 234);"><span style="font-weight:800;">Key Platform Features:</span></span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_UVZzDG2LA9L9C_5sS-gZhA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><b><span style="font-size:20px;">Technology Infrastructure:</span></b></p><ul><li><span>Cloud-based reliability</span></li><li><span>Advanced security protocols</span></li><li><span>Real-time system monitoring</span></li><li><span>Mobile-responsive design</span></li></ul><div><br/></div>
<p><b><span style="font-size:20px;">User Experience:</span></b></p><ul><li><span>Intuitive dashboard interface</span></li><li><span>Template-based messaging systems</span></li><li><span>Automated workflows</span></li><li><span>Comprehensive reporting capabilities</span></li></ul></div><p></p></div>
</div><div data-element-id="elm_GeqtdEZ0ZjT-_uvoFAWRnA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;">Industry-Specific Design</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_dk3SptxABvdoYihH5YzFCw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Unlike generic communication platforms, KriyaSignal has been developed specifically for real estate professionals. Every feature addresses the unique workflows, compliance requirements, and stakeholder relationship dynamics inherent to property management.</span></p><p><span><br/></span></p><p><b><span style="font-size:20px;">Designed for:</span></b></p><ul><li><span>Property managers</span></li><li><span>Real estate executives</span></li><li><span>Proptech leaders</span></li><li><span>MRI Software users</span></li></ul><div><br/></div>
<p><b><span style="font-size:20px;">Optimized for:</span></b></p><ul><li><span>Residential complexes</span></li><li><span>Commercial properties</span></li><li><span>Mixed-use developments</span></li><li><span>Multi-property portfolios</span></li></ul></div><p></p></div>
</div><div data-element-id="elm_llAJirr5kHZsYIvnxNq0VA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;">Transform Your Property Communications</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_T-CI8kCT1e6kfGsV7nN_eQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The real estate industry continues to evolve, and the communication strategy must evolve with it. KriyaSignal represents the next generation of property management communication tools—purpose-built for the unique needs of real estate professionals.</span></p><p><span><br/></span></p><p><b><span style="color:rgb(29, 29, 226);">KriyaSignal</span> isn't just another software solution; it's your strategic partner in building stronger, more efficient relationships across your entire real estate ecosystem.</b></p></div><p></p></div>
</div><div data-element-id="elm_y4_AtxVtbWKsngPBva-V5Q" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:800;">Experience <span style="color:rgb(48, 4, 234);">KriyaSignal</span></span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_NRhMiyhWDovXGS7EBYTIVA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Ready to modernize your property communication strategy? Discover how intelligent, automated mass messaging designed specifically for real estate professionals can transform your operations.</span></p><p><span><br/></span></p><p><b>Ready to learn more?</b><span> Visit <a href="https://www.kriyago.com/kriyasignal" style="text-decoration-line:underline;color:rgb(46, 29, 226);">kriyago.com/kriyasignal</a> to explore KriyaSignal's capabilities and request additional information.</span></p></div><p></p></div>
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</div></div><div data-element-id="elm_wKUNE888ro0LZh1oi0ZDqw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><i><strong>KriyaSignal by Kriyago – Advanced Email &amp; Communication Tool for MRI Software</strong></i></p><p><span>Transform your property communications with purpose-built technology designed for real estate success.</span></p></div><p></p></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Tue, 26 Aug 2025 06:03:50 -0400</pubDate></item><item><title><![CDATA[The Hidden Cost of Best-of-Breed: Why Your Real Estate Tech Stack Might Be Working Against You]]></title><link>https://www.kriyago.com/blogs/post/the-hidden-cost-of-best-of-breed-why-your-real-estate-tech-stack-might-be-working-against-you</link><description><![CDATA[<img align="left" hspace="5" src="https://www.kriyago.com/The-Hidden-Cost-of-Best-of-Breed_Why-Your-Real-Estate-Tech-Stack-Might-Be-Working-Against-You_S.jpg"/>In today's competitive real estate landscape, the pursuit of excellence often leads property professionals down a familiar path: selecting the absolute best software for each specific function.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_xkvWfF2JTCaGp210fUk0Fg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_PeH_D20NRTmtKivjvQfm2A" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_yWKqTnL0R96pDAjuQcvrvA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_Ls4OCxCxz9y8_JFK3-pZvw" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_Ls4OCxCxz9y8_JFK3-pZvw"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/The-Hidden-Cost-of-Best-of-Breed_Why-Your-Real-Estate-Tech-Stack-Might-Be-Working-Against-You_R.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_f5mKYpVpTlqhHxzwuCTQrg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p><span>In today's competitive real estate landscape, the pursuit of excellence often leads property professionals down a familiar path: selecting the absolute best software for each specific function. You choose the top CRM for client management, the most advanced property management system, the premier marketing automation platform, and the leading financial analytics tool. Each decision makes perfect sense in isolation—after all, why wouldn't you want best-of-breed solutions?</span></p><p><span>But here's the challenge that's quietly undermining operations across the industry: <b>your quest for the best individual tools is creating a web of disconnected data silos.</b></span></p></div><p></p></div>
</div><div data-element-id="elm_ADhTzKtMbgDzL46DJ411pQ" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;font-weight:600;">The Best-of-Breed Trap</span></h2></div>
<div data-element-id="elm_lNgAnjroh0ZhTceo3wSaAA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The real estate technology ecosystem has exploded with specialized solutions, each claiming to be the definitive answer to specific operational needs. Property managers gravitate toward platforms that excel at tenant screening and lease management. Sales teams invest in CRMs with sophisticated lead nurturing capabilities. Marketing departments deploy tools that promise unparalleled campaign automation and analytics.</span></p><p><span><br/></span></p><p><span>The logic seems bulletproof: combine multiple best-in-class solutions, and you'll have a best-in-class operation.</span></p></div><p></p></div>
</div><div data-element-id="elm_k-6A2IB8fp98e-T9bKo_uQ" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span style="font-size:24px;"><b><span style="color:rgb(29, 29, 226);"><b>The reality is far more complex.</b></span></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_6gNMft_sxno-XskEW8IgCw" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;"><span>When Excellence Becomes Isolation</span></span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_YOGMiXGTTYyuYixzTvpsOg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>As your tech stack grows more sophisticated, something counterintuitive happens. Your data—the lifeblood of informed decision-making—becomes trapped in individual systems. Your CRM knows everything about client interactions but nothing about property performance. Your property management system tracks maintenance and occupancy rates, but can't access marketing campaign data. Your financial software generates detailed reports but operates in complete isolation from your operational metrics.</span></p><p><span><br/></span></p><p><span>Consider this scenario: A property management company wants to understand which marketing channels deliver the highest lifetime value to tenants. This seemingly straightforward analysis requires data from at least four different systems—marketing automation, CRM, property management, and financial reporting platforms. Without integration, this analysis becomes a manual, time-intensive process prone to errors and delays.</span></p></div><p></p></div>
</div><div data-element-id="elm_JUdTpB1wVX1VrnOtFXvWUQ" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span style="font-weight:600;">The Integration Imperative</span><b></b><b></b><b></b></span></h2></div>
<div data-element-id="elm_WoDZ5kl0T65vUpnokvhCBw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The solution isn't to abandon your carefully selected tools to make them work together. Modern real estate operations require <b>seamless data flow between systems</b>, enabling:</span></p><ul><li><b>Holistic customer views</b><span> that combine marketing touchpoints, sales interactions, and service history</span></li><li><b>Performance analytics</b><span> that correlate marketing spend with actual revenue and tenant satisfaction</span></li><li><b>Predictive insights</b><span> that leverage data across all operational areas to forecast trends and opportunities</span></li><li><b>Automated workflows</b><span> that trigger actions across multiple platforms based on unified business rules</span></li></ul></div><p></p></div>
</div><div data-element-id="elm_cYSVRWeraXl3yS_Ji-qwlA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;">The Path Forward: Smart Integration Strategies</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_QVU9S3Fwyt_OHVXK7-EoqA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Forward-thinking real estate organizations are addressing this challenge through strategic integration approaches. Rather than replacing their existing best-of-breed tools, they're implementing solutions that create bridges between systems, enabling data to flow freely while preserving the specialized functionality that made each tool valuable in the first place.</span></p><p><span><br/></span></p><p><span>The most effective integration strategies share several characteristics:</span></p><p><span><br/></span></p><p><b>Real-time synchronization</b><span> ensures that data updates in one system are immediately reflected across all connected platforms. When a lead converts to a client in your CRM, that information should instantly populate your property management system and trigger appropriate marketing automation sequences.</span></p><p><span><br/></span></p><p><b>Bidirectional data flow</b><span> means information moves in both directions, creating a truly connected ecosystem rather than a hub-and-spoke model where one system dominates others.</span></p><p><span><br/></span></p><p><b>Intelligent mapping</b><span> automatically handles data translation between different systems, ensuring that a &quot;lead&quot; in your CRM corresponds correctly to a &quot;prospect&quot; in your property management platform.</span></p><p><span><br/></span></p><p><b>Unified reporting</b><span> pulls data from multiple sources to create comprehensive dashboards and analytics that would be impossible to achieve with siloed systems.</span></p></div><p></p></div>
</div><div data-element-id="elm_wUtI-SlHMKbQjVpyFy-rxg" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;">Beyond Basic Integration</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_yKHGwyF6LPCnIjj3OT5r7A" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>While point-to-point integrations can solve immediate connectivity problems, the most sophisticated real estate operations are moving toward platforms that offer both powerful individual functionality and native integration capabilities. These solutions eliminate the complexity of managing multiple vendor relationships while providing the deep, specialized features that drive operational excellence.</span></p><p><span><br/></span></p><p><span>The key is finding solutions that understand the unique data relationships and workflows that define real estate operations—platforms explicitly built for the industry rather than generic business tools adapted for property management use.</span></p></div><p></p></div>
</div><div data-element-id="elm_GdqKM8D1D2Evp7XpsVtdrA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;">Measuring Integration Success</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_bbbL6BNGWG_gHgXVPneXeg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>How do you know if your integration efforts are working? Look for these key indicators:</span></p><ul><li><b>Reduced manual data entry</b><span> across your organization</span></li><li><b>Faster decision-making</b><span> enabled by real-time access to comprehensive data</span></li><li><b>Improved customer experiences</b><span> through consistent, informed interactions across all touchpoints</span></li><li><b>Higher team productivity</b><span> as staff spend less time switching between systems and more time on value-added activities</span></li><li><b>Better financial performance</b><span> through data-driven insights that were previously impossible to obtain</span></li></ul></div><p></p></div>
</div><div data-element-id="elm_RVZjd1yyEG6kaA6kbZiELg" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><span><span style="font-weight:600;">The Competitive Advantage</span><b></b></span><b></b></span><b></b></span></h2></div>
<div data-element-id="elm_PlugGaJmjxJM4pksmaxzPg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>In an industry where margins are often tight and differentiation is challenging, your approach to data integration can become a significant competitive advantage. Organizations that successfully break down data silos can respond faster to market changes, provide superior customer service, and make more informed strategic decisions.</span></p><p><span><br/></span></p><p><span>The question isn't whether to integrate your real estate tech stack—it's how quickly you can do it effectively. Every day that your data remains siloed is a day that opportunities slip through the cracks and inefficiencies compound.</span></p></div><p></p></div>
</div><div data-element-id="elm_J4utrLGeYeqSiSpHZFrmDg" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><strong><span style="font-weight:800;color:rgb(48, 4, 234);">Conclusion</span></strong></h2></div>
<div data-element-id="elm_4D4Lc1rWF8w2wE_cyulDqg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The best-of-breed approach to real estate technology isn't wrong, it's incomplete. By pairing your carefully selected tools with thoughtful integration strategies, you can preserve the specialized functionality that drove your initial software choices while unlocking the collaborative power of connected data.</span></p><p><span>The future belongs to real estate organizations that can combine specialized excellence with integrated intelligence. In this connected landscape, your data becomes more than information—it becomes the foundation for smarter operations, better customer experiences, and sustainable competitive advantage.</span></p><p><span><br/></span></p><p><i>Ready to transform your disconnected tech stack into an integrated powerhouse? Explore how modern real estate platforms are solving the integration challenge while delivering the specialized functionality your operation demands.</i></p></div><p></p></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Tue, 26 Aug 2025 05:39:40 -0400</pubDate></item><item><title><![CDATA[How To Select The Right Real Estate ERP Software? ]]></title><link>https://www.kriyago.com/blogs/post/how-to-select-the-right-real-estate-erp-software</link><description><![CDATA[<img align="left" hspace="5" src="https://www.kriyago.com/How To Select The Right Real Estate ERP Software - squr.png"/>ERP is a proven tool to manage your business proficiently.  95% of businesses that implement an ERP  experiences improvements in business processes. In ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_CoRWEc99TESsN-T1G3hwww" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_SlsxtNzcS9-w-jqme1AKFA" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_bRlW2mRaSkKKgWB6LfQ6zg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"> [data-element-id="elm_bRlW2mRaSkKKgWB6LfQ6zg"].zpelem-col{ border-radius:1px; } </style><div data-element-id="elm_1Kjv49Z2ThwdMJ4duNheQQ" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_1Kjv49Z2ThwdMJ4duNheQQ"] .zpimage-container figure img { width: 800px ; height: 171.25px ; } } @media (max-width: 991px) and (min-width: 768px) { [data-element-id="elm_1Kjv49Z2ThwdMJ4duNheQQ"] .zpimage-container figure img { width:500px ; height:107.03px ; } } @media (max-width: 767px) { [data-element-id="elm_1Kjv49Z2ThwdMJ4duNheQQ"] .zpimage-container figure img { width:500px ; height:107.03px ; } } [data-element-id="elm_1Kjv49Z2ThwdMJ4duNheQQ"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/How%20To%20Select%20The%20Right%20Real%20Estate%20ERP%20Software%20-%20rect.png" width="500" height="107.03" loading="lazy" size="large" alt="How To Select The Right Real Estate ERP Software? " data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_JLsCTFTESyCb0VjthEilLA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_JLsCTFTESyCb0VjthEilLA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">ERP is a proven tool to manage your business proficiently. </span><a href="https://cdn2.hubspot.net/hubfs/2184246/2018%20ERP%20Report.pdf" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">95% of businesses that implement an ERP</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> experiences improvements in business processes. In addition, </span><span style="font-size:11pt;"><a href="https://ultraconsultants.com/wp-content/uploads/2021/02/Real-Facts-About-ERP-Implementation-final-rev-2.12.19.pdf" rel=""><span style="color:rgb(72, 118, 232);">82% of companies that use an ERP generated expected ROIs</span></a></span><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> within desired timelines.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, an ERP is a great investment for any business, especially real estate agencies. However, how do you select the right real estate ERP for your business?&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">What factors should you consider?&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Let’s find out!&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_Ae6JO3rWSL6JRlNsMWzh8Q" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_Ae6JO3rWSL6JRlNsMWzh8Q"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(22, 22, 90);">Establish Your Needs to Choose the Right ERP</span></h2></div>
<div data-element-id="elm_oHC8yO03s1dko8qHn893dQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_oHC8yO03s1dko8qHn893dQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">ERPs come with a range of varying features that differ based on industries. Therefore, you should select an ERP that is designed for the real estate industry.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">In addition, go for a tool that aligns with your real estate sector. For example, construction businesses will need an ERP that lets them plan and manage projects.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">On the other hand, agencies in commercial real estate will have different needs. You may want a solution that helps you manage all your properties from a single interface.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, consider your business and operations to choose the right ERP.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">In addition, establish what you want out of your software. Or, determine the tasks or goals you want to achieve with your software. You can then decide the features you need in your software and choose the right option accordingly.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">For example, you may want to rely on your ERP for:&nbsp;</span></p></div><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Managing inventory&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Create a single database of all your properties&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Manage, sort, and report on finances&nbsp;</span></p></li></ul></div></div><div><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Automation of pre-sale process, like email replies&nbsp;</span></p></li></ul></div></div></div></div></div></div>
</div><div data-element-id="elm_PIoD4_bRCPIhd1zEKba0Ow" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_PIoD4_bRCPIhd1zEKba0Ow"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(22, 22, 90);">Look for High Customizability</span></h2></div>
<div data-element-id="elm_mdkNRkc0bzZKCr38xWSVJg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_mdkNRkc0bzZKCr38xWSVJg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><p><a href="https://www3.technologyevaluation.com/research/article/erp-software-facts-stats-and-lessons-learned.html" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">Around 50% of all ERP implementations fail</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> at the first attempt. One of the biggest reasons for the failures is the inability to tailor a solution based on your needs.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">The truth is, there is no one-size-fits-all when it comes to choosing an ERP. That’s why we recommended determining your needs in the first step.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">However, there is another step you need to ensure to make your implementation successful. Look for an ERP that you will be able to customize based on your unique business needs.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Otherwise, you will be left to use a solution designed with someone else in mind.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">The best way to get past this challenge is to talk with your software provider. Tell them your needs and see if they can tailor their offering to meet your circumstances.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_GTGCOVJ22EkPDx-R5Igx3A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_GTGCOVJ22EkPDx-R5Igx3A"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(22, 22, 90);">Focus on User Experience</span></h2></div>
<div data-element-id="elm_ohRwMLATgmsIdiD-Pl5__A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_ohRwMLATgmsIdiD-Pl5__A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Not all ERPs are made the same. Some are simple, easy to navigate, and let you focus on what’s important.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">On the other hand, you may come across ERPs that make your life unpleasant. The problem is more common than you think, with </span><a href="https://www3.technologyevaluation.com/research/article/erp-software-facts-stats-and-lessons-learned.html" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">user experience being among the top areas an ERP falls short</span></a><span style="font-size:11pt;"><span style="color:rgb(72, 118, 232);">.</span><span style="color:rgba(0, 0, 0, 0.89);">&nbsp;</span></span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, it is necessary to select a solution that is easy to use. However, the management should not be the only one to make the decision.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Your employees are going to use the software after all; so, you should gather their feedback before making the final call.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Get a few employees to test the trial version or demo of the ERP you want to choose. You can then find out how good or bad the user experience is in a jiffy.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Additionally, you can research reviews of the software for more information.&nbsp;</span></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_MV4gM7HzG2TT3f0fjN1j1w" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_MV4gM7HzG2TT3f0fjN1j1w"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(22, 22, 90);">Look for a Mobile-Friendly Real Estate ERP</span></h2></div>
<div data-element-id="elm_Ao8XS6W-F8TfggFJ0xWJZQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_Ao8XS6W-F8TfggFJ0xWJZQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div><p><a href="https://www.digitalstrategyconsulting.com/transformation/mobile-marketing-daily-research-tips-news-and-case-studies-for-mobile-marketing-marketers/apps-boost-worker-productivity-34/11365/" target="_blank" rel="noreferrer noopener" style="font-size:12px;"><span style="font-size:11pt;color:rgb(72, 118, 232);">60% of employees today use mobile apps</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> to work productively. In addition, 21% of workers rely on department-specific apps to get tasks done.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p><div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">The trend is pretty prevalent in real estate where you need to send employees to the field. From property managers to sales reps, most workers use their phones to work on the go.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, your ERP should come with a mobile extension to facilitate work. It will allow your employees to work from outside the office and boost efficiency.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Best of all, you can even improve employee productivity by 34%. It will help you enjoy more returns from your investment along with your regular ROI.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">However, ensure that the ERP you choose has strong security. It should be able to secure users, data, and processes without any exception.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_NmfkhD9t-ALFFwDvMRQbBg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_NmfkhD9t-ALFFwDvMRQbBg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(22, 22, 90);">Make Sure Your ERP is Interoperable&nbsp;</span></h2></div>
<div data-element-id="elm_3XaIXGQ7tv4I3V4pzBTk0Q" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_3XaIXGQ7tv4I3V4pzBTk0Q"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div><div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Real estate agencies use a range of tools to manage day-to-day operations. You may use a real estate project management tool to stay on track of your projects. In addition, you may rely on accounting software or expense management tools to manage your finances.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Some agencies may even use an CRM to boost leads and handle customers.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">However, most of these tools are not interconnected. Adding a new ERP to the system, therefore, will not add much holistic value.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">For that, you need to connect all your disparate real estate tools. As a result, look for an ERP that you can easily integrate with your existing apps.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">You will be able to achieve seamless exchange of data and open the doors for new possibilities. In addition, you will be able to gain complete visibility across your business processes.</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_tEo1K14KvHZczZGDRBdbxA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_tEo1K14KvHZczZGDRBdbxA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(22, 22, 90);">Choose a Real Estate ERP with Dedicated Support</span></h2></div>
<div data-element-id="elm_RnIMKqs4GBQfEYLmhhNH9w" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_RnIMKqs4GBQfEYLmhhNH9w"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div><div><div style="font-size:12px;"><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">We saw how more than half of all ERP implementations fail. Users also experience issues with usability and operational disruption.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, it is better to be cautious and go for an ERP that comes with dedicated support. This is more important when you don’t have enough technical expertise in-house. You will need someone to resolve your queries and find your way around the new product.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, never select an ERP that has a questionable support team. You can always get in touch with your vendor and ask a few questions to test the support quality.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_XTFJzxTspcFPiYsWE_j8wA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_XTFJzxTspcFPiYsWE_j8wA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(22, 22, 90);">Final Thoughts</span></h2></div>
<div data-element-id="elm_SR_dS9Cb9C34-DsXUJAbGA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_SR_dS9Cb9C34-DsXUJAbGA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div><div><div style="font-size:12px;"><div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">A real estate ERP is a great investment to streamline operations and boost productivity. There are several quality options in the market that you can choose based on your needs. For example,&nbsp;</span><a href="https://www.kriyago.com/micasa%22%20/t%20%22_blank" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">MiCasa</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> is an apt ERP for real estate agencies looking to improve efficiency. It comes with all the vital features to grow your business and stay in control. In addition, you can be sure of ongoing support for your complete peace of mind.&nbsp;</span><br></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 23 Mar 2022 09:00:00 -0400</pubDate></item><item><title><![CDATA[The Top CAM Reconciliation Tips You Need to Know]]></title><link>https://www.kriyago.com/blogs/post/the-top-cam-reconciliation-tips-you-need-to-know-in-2022</link><description><![CDATA[<img align="left" hspace="5" src="https://www.kriyago.com/files/The Top CAM Reconciliation Tips You Need to Know in 2022 - squr.png"/>Common Area Maintenance (CAM) reconciliation seems pretty simple at the outset. You just add up your costs and pitch them against your budget to close ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_PwCWd19PQAiIkSAXWwVApQ" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_7WNTibphTmS8jnmE2e44Lw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_C_xtjbdPSH-fwcoqs0zdCA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_uBQlsBsiL0b4pendLiW0Xg" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_uBQlsBsiL0b4pendLiW0Xg"] .zpimage-container figure img { width: 1080px ; height: 231.19px ; } } @media (max-width: 991px) and (min-width: 768px) { [data-element-id="elm_uBQlsBsiL0b4pendLiW0Xg"] .zpimage-container figure img { width:723px ; height:154.77px ; } } @media (max-width: 767px) { [data-element-id="elm_uBQlsBsiL0b4pendLiW0Xg"] .zpimage-container figure img { width:415px ; height:88.84px ; } } [data-element-id="elm_uBQlsBsiL0b4pendLiW0Xg"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/files/The%20Top%20CAM%20Reconciliation%20Tips%20You%20Need%20to%20Know%20in%202022%20%20-%20rect.png" width="415" height="88.84" loading="lazy" size="fit" alt="The Top CAM Reconciliation Tips You Need to Know in 2022 " data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_uyoTfPJRSAqLlwysG41e4A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_uyoTfPJRSAqLlwysG41e4A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Common Area Maintenance (CAM) reconciliation seems pretty simple at the outset. You just add up your costs and pitch them against your budget to close your books.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">However, the reality is far from this ideal picture. Most real estate agencies are left scratching their heads trying to figure out what’s due from tenants or how much to pay back.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Undoubtedly, CAM reconciliation can turn out to be complex, especially for large businesses. You can lose your way in the expenses if you manage several properties.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">However, worry not, as we have the best CAM reconciliation tips for 2022. You can implement them right away and optimize your CAM reconciliation process today.&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_90Ge5M0rTUe2pJYoq3QknQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_90Ge5M0rTUe2pJYoq3QknQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-weight:bold;font-size:32px;color:rgb(22, 22, 90);">Don’t Forget to Track Every Expense</span><span style="font-weight:700;font-size:13pt;"><span style="color:rgb(22, 22, 90);">&nbsp;</span><span style="color:inherit;">&nbsp;</span></span><br/></h2></div>
<div data-element-id="elm_rJPuiaqfLsZetOqFeZJEDg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_rJPuiaqfLsZetOqFeZJEDg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div><div style="font-size:12px;"><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">CAM expenses can cover a wide range of activities. From general repairs to HVAC to the salary of staff, the expenses can become overwhelming.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">In addition, property managers may make some expenses without recording them. These expenses may seem small at the occasion but can add up to a significant amount at the end of the year.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Each building you own or operate can thus have countless unaccounted expenses. Naturally, that will cause a dent in your profitability and eat up your revenues.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, it is necessary to track every expense you make for CAM, for all your properties.&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_nBgavf6ktL05kUNbEUPF9Q" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_nBgavf6ktL05kUNbEUPF9Q"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:rgb(22, 22, 90);"><span style="font-size:32px;"><span style="font-weight:bold;">Create a Single Source of Truth</span></span><span style="font-weight:700;font-size:13pt;">&nbsp;</span></span><span style="font-weight:700;font-size:13pt;"><span style="font-size:32px;color:rgb(22, 22, 90);">&nbsp;</span><span style="color:inherit;">&nbsp;</span></span><br/></h2></div>
<div data-element-id="elm_XAE7wdSkFAHmT3JRfkRyXA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_XAE7wdSkFAHmT3JRfkRyXA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">It is much easier to track all your CAM expenses if you have a single source of truth. However, not all realtors or property managers follow this advice. They may maintain several spreadsheets or track their expenses based on vendor accounts.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">The need of the hour is to switch to a single spreadsheet for each building. You can then get a ready source of data from a single source to perform your reconciliation.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Many real estate agencies today use digital solutions to manage their properties. However, these tools work in silos and don’t talk to each other.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, the data in one tool is not available in others. So, your CAM calculations can go for a toss if you use several tools to track your CAM costs.&nbsp;</span></p></div><div><p><span style="font-size:11pt;"><span style="color:rgba(0, 0, 0, 0.89);">Therefore, use a single</span><span style="color:rgb(72, 118, 232);"> </span></span><a href="https://www.kriyago.com/micasa" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">property management platform like MiCasa</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> to manage your CAM reconciliation. Alternately, you can also </span><span style="font-size:11pt;"><a href="https://www.kriyago.com/kriyago-blox" title="integrate all your real estate tools" rel=""><span style="color:rgb(72, 118, 232);">integrate all your real estate tools</span></a></span><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> to allow data to flow freely throughout teams and departments.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_vkeadZWUGcQiv2l8UfflJQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_vkeadZWUGcQiv2l8UfflJQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:rgb(22, 22, 90);"><span style="font-size:32px;"><span style="font-weight:bold;">Be CAM Audit Ready</span></span><span style="font-weight:700;font-size:13pt;">&nbsp;</span></span><span style="font-weight:700;font-size:13pt;"><span style="font-size:32px;color:rgb(22, 22, 90);">&nbsp;</span><span style="color:inherit;">&nbsp;</span></span><br/></h2></div>
<div data-element-id="elm_WysfIV1KrvUIfqDJULPkLg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_WysfIV1KrvUIfqDJULPkLg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">CAM expenses can form a large part of the lease payment for tenants. It can add up to become a significant amount as the price of goods and services increases.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;"><span style="color:rgba(0, 0, 0, 0.89);">For example,</span><span style="color:rgb(72, 118, 232);"> </span></span><a href="https://www.naahq.org/news-publications/units/september-2019/article/2019-naa-survey-operating-income-expenses-rental" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">property taxes have increased by more than 2-times</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> between 2009 and 2019. Services like pest control and security also experienced double-digit growth, as per the National Apartment Association survey.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, your tenants can invoke their rights to audit your CAM reconciliation. The trend is more common when you are dealing with industrial, retail, or corporate tenants.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, always maintain a comprehensive record of your CAM expenses. You should also comply with the applicable accounting standards for your jurisdiction.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">You can boost your reputation and improve tenant retention by staying audit-ready. It also shows you are transparent and don’t intend to take undue advantage of your tenants.&nbsp;</span></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_2wgU81e7UKXIKdmd-Cc5Dw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_2wgU81e7UKXIKdmd-Cc5Dw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-weight:700;"><span style="color:rgb(22, 22, 90);">Factor In Your Tenant Occupancy</span><span style="font-size:13pt;color:inherit;">&nbsp;</span></span><br/></h2></div>
<div data-element-id="elm_d0VQfeFSuFglsVfXu4etUA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_d0VQfeFSuFglsVfXu4etUA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Are you reconciling your CAM expenses based on 100% occupancy?&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">This is a common mistake many real estate agencies make. They calculate the CAM costs considering full occupancy.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">However, they forget to consider the changes in expenses that occupancy rates can impact.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">For example, a tenant should pay for electricity, janitorial services, or water only for the months they occupy your space.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, you have to account for the number of days a tenant occupies your property. So, if a lease begins in April, the tenant should pay for these expenses for the remaining term.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">On the other hand, some expenses don’t change with occupancy. The list may include payments for amenities, security services, and similar expenses.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, consider every CAM expense individually and make your calculation.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_2cFJGt3Dk-WAVJa1nBw-yg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_2cFJGt3Dk-WAVJa1nBw-yg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-weight:700;"><span style="color:rgb(22, 22, 90);">Prepare Yourself While There is Time</span><span style="font-size:13pt;color:inherit;">&nbsp;</span></span><br/></h2></div>
<div data-element-id="elm_BkHq_qu0gyyCS6dglQ9Ybg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_BkHq_qu0gyyCS6dglQ9Ybg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><div><div><div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">CAM reconciliations are generally due within 3 – 4 months after the calendar year ends. The time may seem enough to match your books but not so in reality.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Most real estate agencies spend hours shuffling through countless leases. You might also have to pay your employees overtime to complete the workflow within the deadline.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Naturally, such a process opens room for errors and miscalculations.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, start early and prepare your spreadsheet beforehand. After that, you can start filling in your annual data.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">The same applies to any software you use for CAM reconciliation. Set up your software in advance so that you can quickly record your data and get over with your CAM calculations.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p><p><a href="https://crej.com/news/best-practices-for-this-years-cam-reconciliation-process/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">This small step can go a long way to simplify your CAM reconciliation</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">, says Colorado Real Estate Journal.&nbsp;</span><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_GU0HmXLn6evEX0VR2gFalg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_GU0HmXLn6evEX0VR2gFalg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:rgb(22, 22, 90);font-weight:700;">Outsource Your CAM Reconciliation</span></h2></div>
<div data-element-id="elm_wQw9vH8lHs4lkjBOAS8Bfg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_wQw9vH8lHs4lkjBOAS8Bfg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><div><div><div><div><div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">CAM calculations and reconciliation can become a burden on growing real estate agencies. It demands considerable resources and in-house talents to perform the process efficiently.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Additionally, you cannot take any shortcuts as your reconciliation affects your profitability. You also have to be 100% accurate as you don’t want to overcharge your tenants.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">That could take a toll on your brand image and even make occupants leave.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, it can be a strategic decision to outsource your CAM billing and reconciliation. However, you should always work with a reliable partner with due experience in your industry.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;"><span style="color:rgba(0, 0, 0, 0.89);">Real estate agents and realtors can partner with KriyaGo to</span><span style="color:rgb(72, 118, 232);"> </span></span><a href="https://www.kriyago.com/cam-reconciliation" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">outsource CAM responsibilities</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">. We can help you enjoy a hands-off approach to boost your profitability and eliminate irregularities.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br/></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Additionally, you can always rely on our expert team for the best results. Get in touch with us now to discuss your requirements.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_m_3LBlHFRbEBUAye655xPg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_m_3LBlHFRbEBUAye655xPg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:rgb(22, 22, 90);font-weight:700;">Final Thoughts</span></h2></div>
<div data-element-id="elm_5JFBO3a9GqEg63DEhVsgVQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_5JFBO3a9GqEg63DEhVsgVQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><div><div><div><div><div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">CAM reconciliation should be a well-thought-out process for every real estate agency. You should prepare beforehand and track every change over the year. In addition, calculate occupancy and maintain a single source of truth for accurate calculations. In the end, work with a reputed partner like KriyaGo to outsource your CAM reconciliation to save time and costs.&nbsp;</span><br/></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 18 Mar 2022 09:00:00 -0400</pubDate></item><item><title><![CDATA[Real Estate Back Office Accounting: Top Mistakes to Avoid ]]></title><link>https://www.kriyago.com/blogs/post/real-estate-back-office-accounting-top-mistakes-to-avoid</link><description><![CDATA[<img align="left" hspace="5" src="https://www.kriyago.com/Real Estate Back Office Accounting- Top Mistakes to Avoid  - squr.png"/>Most real estate agencies rely on their back offices for day-to-day accounting. The list of tasks covers a wide range of verticals, from vendor paymen ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_LnfkSFn7TuSTCkagz3SczQ" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_sVf6XxGXT6yZGwrp7DpbRA" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_54wXDnTAR4Wu3QW-X8tXQw" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_RRuRLnKpfui-Gkonke_iVA" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_RRuRLnKpfui-Gkonke_iVA"] .zpimage-container figure img { width: 800px ; height: 171.25px ; } } @media (max-width: 991px) and (min-width: 768px) { [data-element-id="elm_RRuRLnKpfui-Gkonke_iVA"] .zpimage-container figure img { width:500px ; height:107.03px ; } } @media (max-width: 767px) { [data-element-id="elm_RRuRLnKpfui-Gkonke_iVA"] .zpimage-container figure img { width:500px ; height:107.03px ; } } [data-element-id="elm_RRuRLnKpfui-Gkonke_iVA"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Real%20Estate%20Back%20Office%20Accounting-%20Top%20Mistakes%20to%20Avoid%20-%20squr.png" width="500" height="107.03" loading="lazy" size="large" alt="Real Estate Back Office Accounting: Top Mistakes to Avoid " data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_Ru2xBRbWSJakuTq0UL5FFQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_Ru2xBRbWSJakuTq0UL5FFQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Most real estate agencies rely on their back offices for day-to-day accounting. The list of tasks covers a wide range of verticals, from vendor payments to employee reimbursements.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, the back office requires considerable resources and hours to do its job efficiently.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">However, most real estate’s back office accounting is in a mess. The department is riddled with inefficient processes and workflows that take a toll on productivity.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, you need to be aware of the top back office accounting mistakes that can haunt your agency. Below, you will find the most applicable mistakes that modern real estate back offices make.&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_wUT8MB99Tyu0P2jf0_4dFw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_wUT8MB99Tyu0P2jf0_4dFw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:bold;font-size:32px;color:rgb(22, 22, 90);">Relying on Manual Data Entry</span><span style="color:inherit;font-weight:700;font-size:13pt;">&nbsp;</span><br></h2></div>
<div data-element-id="elm_Y7DynhxZf90niPkcBS18uQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_Y7DynhxZf90niPkcBS18uQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Back office accounting in any industry involves dealing with a lot of data. Unfortunately, real estate agencies are still using paper processes or spreadsheets for the process.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, they have to deal with huge volumes of manual data entry that take a painstakingly long time.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">In addition, manual data entry leads to errors. Research shows the </span><a href="https://www.researchgate.net/publication/1907590_Thinking_is_Bad_Implications_of_Human_Error_Research_for_Spreadsheet_Research_and_Practice" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">probability of human error is 18% to 40% while recording data</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> into a simple spreadsheet.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">For complex data spreadsheets, the probability jumps to 100%.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">It is not easy to rule out manual data entry so easily. However, brokers should make an effort to automate as much of the process as possible.&nbsp;</span></p></div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">For example</span><a href="https://www.kriyago.com/integration-services" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgba(0, 0, 0, 0.89);">, </span><span style="color:rgb(72, 118, 232);">integrating your existing tools</span></span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> can be an excellent way to automate data entry. You can capture invoices from your </span><span style="font-size:11pt;"><a href="https://www.kriyago.com/micasa" title="property management tool " rel="" style="color:rgb(72, 118, 232);">property management too</a><span style="color:rgb(72, 118, 232);">l&nbsp;</span></span><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">and have the data recorded in your accounting software automatically.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">The process saves time and improves data accuracy. Additionally, you can look forward to a boost in productivity.&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_DjfzkK9WK1zLJYTS3ZTP6g" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_DjfzkK9WK1zLJYTS3ZTP6g"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:rgb(22, 22, 90);font-weight:700;">Not Giving Up Manual Accounting Processes</span></h2></div>
<div data-element-id="elm_jC5iLCSjQGPkLElBXn3OuQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_jC5iLCSjQGPkLElBXn3OuQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">This is a continuation of the mistake we discussed above. </span><a href="https://financialpost.com/personal-finance/business-essentials/63-per-cent-of-companies-consider-excel-a-vital-accounting-tool" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">63% of businesses today still work with spreadsheets</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> and manual accounting processes.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Needless to say, the consequences are more than the risk of human errors. The list of dangers includes wastage of time, money, and resources.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">In addition, it increases the potential for fraud and invites financial risks. Moreover, you can expect your audits to get more complex and expensive.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Worst of all, you will experience a massive challenge to scale your manual accounting processes. As a result, it may even restrict your business growth.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">The need of the hour is to digitize your accounting processes. Choose the right tools that align with your needs and help you achieve your business objectives.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Then you can enjoy a hands-off approach for back office accounting tasks like matching invoices or bank reconciliations.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_lyzVxgslKXKFbJhi3VGnCA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_lyzVxgslKXKFbJhi3VGnCA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:rgb(22, 22, 90);font-weight:700;">Accounting at the End of the Month</span></h2></div>
<div data-element-id="elm_iLUm-cB6Uudro2Fcccc0gA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_iLUm-cB6Uudro2Fcccc0gA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Most real estate agencies will wait till the end of the month to complete accounting. Most probably your back office staff will spend the last day of the month reconciling expenses and matching books.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">This approach may get the job done but is not ideal if you want to operate efficiently.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Waiting till the end of the month to do your back office accounting lowers your financial visibility. You cannot be sure of your cash flow or where your money is going.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, you cannot make accurate financial predictions and risk losing out to the competition.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, you should aim for real-time accounting. Record your debits or credits as they happen so that you have complete visibility into your financial position.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">You can also use a wide array of tools like a spend management solution to facilitate real-time accounting.&nbsp;</span></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_UjU7IdrkMq76IQtekUyY_A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_UjU7IdrkMq76IQtekUyY_A"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:rgb(22, 22, 90);font-weight:700;">Not Analyzing your Financial Data</span></h2></div>
<div data-element-id="elm_R7JC3AgUFJD8hFeffs_AsQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_R7JC3AgUFJD8hFeffs_AsQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div><div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As noted earlier, real estate back office accounting manages a huge volume of financial data. The information may include vendor payments, SaaS expenses, wages, cost of services, and more.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">However, most businesses don’t utilize or make the most of this data. They don’t use it for financial analyses to cut costs or maximize value from their procurement.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, they miss out on wonderful opportunities to improve profitability or their bottom line.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, analyze your accounting data periodically to sport patterns and trends. You can then assimilate your findings to generate vital insights.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p style="font-size:12px;"><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Many accounting or spend management tools come with advanced analytics. They provide readymade insights for you to leverage. You can also customize your solution to track specific data and make more informed financial decisions.&nbsp;</span></p><p style="font-size:12px;"><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">The returns are guaranteed, as data-driven businesses are </span><a href="https://online.hbs.edu/blog/post/data-driven-decision-making" target="_blank" rel="noreferrer noopener" style="font-size:12px;"><span style="font-size:11pt;color:rgb(72, 118, 232);">3-times more likely to experience improvements in decision-making</span></a><span style="color:rgb(72, 118, 232);font-size:14.6667px;">.</span><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_LqiQQ1fiFUm9j6B3LKXE-Q" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_LqiQQ1fiFUm9j6B3LKXE-Q"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:rgb(22, 22, 90);font-weight:700;">Not Making Timely Payments</span></h2></div>
<div data-element-id="elm_fN0XBgTBjbQq93eFDqfxXQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_fN0XBgTBjbQq93eFDqfxXQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div><div><div style="font-size:12px;"><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">The real estate industry works with a wide range of stakeholders. Construction companies, security agencies, software vendors, material suppliers – the list is almost endless.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Undoubtedly, your stakeholders impact the performance of your business and productivity. For example, strained relationships with a supplier might affect your supply chain and delay your time to market.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">In this regard, most real estate back offices struggle with payment processing. The staff often has too much to handle and not enough resources to work efficiently.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, late payments are common in real estate. Most agencies fail to pay their suppliers or vendors on time, risking the business relationship.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, make an effort to make timely payments and aim for real-time payment processing. You can rely on a digital solution to automate the process and boost productivity.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_qWbVlkg0A8BoXGrawLm7Jg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_qWbVlkg0A8BoXGrawLm7Jg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:rgb(22, 22, 90);font-weight:700;">Working with Poor Talent&nbsp;</span></h2></div>
<div data-element-id="elm_zUBVV2FsM91S7-r4aq4sfQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_zUBVV2FsM91S7-r4aq4sfQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div><div><div style="font-size:12px;"><div><div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Back office accounting comes as an afterthought to many brokers. As a result, they don’t hire the right talent for their daily bookkeeping.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">They want to save costs and work with a skeleton staff to just get the job done.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Needless to say, such an approach means more risks for your business. You can never be sure of the accuracy of your financial records and reports.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">In addition, you will miss out on the skills of an expert accountant that hampers your accounting processes.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, never compromise on skills and experience.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_ii1Xkyf3qIqbyZUYfSIXJw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_ii1Xkyf3qIqbyZUYfSIXJw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:rgb(22, 22, 90);font-weight:700;">Final Thoughts</span></h2></div>
<div data-element-id="elm_amnXtMJ7VGi0V582k3PV2w" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_amnXtMJ7VGi0V582k3PV2w"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div><div><div style="font-size:12px;"><div><div><div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">Back office accounting can be a challenging task to handle. It may be a better decision to </span><a href="https://www.kriyago.com/back-office-accounting" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">outsource your accounting needs</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> to a reliable partner like KriyaGo. We have the best team of bookkeepers and certified accountants to make a difference. Our team will take care of your day-to-day accounting and provide solid guidance to gain a competitive edge. Contact us today to know more.&nbsp;</span><br></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 18 Feb 2022 15:00:00 -0500</pubDate></item><item><title><![CDATA[How Real Estate Companies Can Benefit From a Digital Tenant Experience ]]></title><link>https://www.kriyago.com/blogs/post/how-real-estate-companies-can-benefit-from-a-digital-tenant-experience</link><description><![CDATA[<img align="left" hspace="5" src="https://www.kriyago.com/How Real Estate Companies Can Benefit From a Digital Tenant Experience - SQUR.png"/>COVID-19 came as a shock to most businesses. Entire industries suffered a lack of demand, while supply chains became more fragile than ever.&nbsp; Wors ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_T18MjA5pTtudsBzFVbfnKQ" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_CQMjpiqZRCaLMURrmI3TTw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_9R-yOYLpR_Knkx7upXSscA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"> [data-element-id="elm_9R-yOYLpR_Knkx7upXSscA"].zpelem-col{ border-radius:1px; } </style><div data-element-id="elm_-OSYxzxdw7bJyiKK1xn2kw" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_-OSYxzxdw7bJyiKK1xn2kw"] .zpimage-container figure img { width: 800px ; height: 171.25px ; } } @media (max-width: 991px) and (min-width: 768px) { [data-element-id="elm_-OSYxzxdw7bJyiKK1xn2kw"] .zpimage-container figure img { width:500px ; height:107.03px ; } } @media (max-width: 767px) { [data-element-id="elm_-OSYxzxdw7bJyiKK1xn2kw"] .zpimage-container figure img { width:500px ; height:107.03px ; } } [data-element-id="elm_-OSYxzxdw7bJyiKK1xn2kw"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/How%20Real%20Estate%20Companies%20Can%20Benefit%20From%20a%20Digital%20Tenant%20Experience%20-%20rect.png" width="500" height="107.03" loading="lazy" size="large" alt="How Real Estate Companies Can Benefit From a Digital Tenant Experience " data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_cBeJxjFrSAqtGWtBPhCffg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_cBeJxjFrSAqtGWtBPhCffg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">COVID-19 came as a shock to most businesses. Entire industries suffered a lack of demand, while supply chains became more fragile than ever.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Worst of all, many companies had to down their shutters faced by dwindling sales.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">However, one thing emerged as a positive factor to make many businesses resilient. The pandemic expedited the digital transformation planned by many companies.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Statistics show businesses across the world increased investment in tech to hasten operational efficiency. In addition, they had to cut costs and even improve customer service.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Real estate was no expectation and felt the need to transform digitally. In fact, 42% of commercial real estate companies plan to increase their tech investment in the next year.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p><div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">In addition, </span><a href="https://www2.deloitte.com/lu/en/pages/real-estate/articles/blending-digital-with-physical-augment-tenant-experience.html" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">14% of companies are going to make their tech budget double</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">, according to Deloitte.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Therefore, real estate agencies are working hard to foster a digital tenant experience. It can be the secret to more deals and longer occupancy rates in a highly cautious market.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Let’s explore how a digital experience for your tenants can help you rise above the water and win the competition.&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_5iFNSvo3QISopeosh6e2MA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_5iFNSvo3QISopeosh6e2MA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;">Personalized Recommendations for More Conversions</span></h2></div>
<div data-element-id="elm_iGcWE5ZC6wQwz7Qb2djtZg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_iGcWE5ZC6wQwz7Qb2djtZg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Most of us are used to shopping online. So, you must have seen how various eCommerce portals like Amazon recommend you the best products. It takes into account your past purchases, Google searches, websites you visit, and more to make personalized recommendations.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">A similar technology helps YouTube recommend songs you may like. It uses several factors like songs you listen to and recent history to make the recommendations.&nbsp;</span></p></div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">Needless to say, such tailored suggestions are highly favored by users. In fact, </span><a href="https://www.thinkwithgoogle.com/future-of-marketing/creativity/marketing-personalization-statistics/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">61% of people want brands to personalize experiences</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> based on their preferences.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">As a result, real estate agencies can use the same technology to recommend spaces to potential tenants. It will take different factors like demographics, income, and more to suggest the right products.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Best of all, the data for making this possible already exists with real estate agencies in their ERPs and CRMs.&nbsp;</span></p></div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">Maybe they just need to </span><a href="https://www.kriyago.com/integration-services" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">integrate their tools</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> to derive meaningful insights.&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_RDtJR0dcgYLD2hJIS7Tr4A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_RDtJR0dcgYLD2hJIS7Tr4A"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;">Ensure Safety and Health of Tenants</span></h2></div>
<div data-element-id="elm_7OlvpMzo1HU0SmK6Jb-48A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_7OlvpMzo1HU0SmK6Jb-48A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">COVID-19 has brought with it a range of requirements for real estate businesses. They have to be more proactive to control the spread of the virus in their properties. In addition, they need to prove to the tenant their seriousness in fostering a safe and sanitized environment.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">It is high time for real estate agencies to adapt and listen. Otherwise, they risk losing customers, as </span><a href="https://www.pwc.com/us/en/library/covid-19/pwc-covid-19-cfo-pulse-survey.html" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">81% of business leaders</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> want to change their workplace safety requirements to deal with COVID.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Fortunately, technology can help property managers ensure the safety of the occupants. For example, they can use a mobile app where tenants can check if the restroom is free or not.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">It will prevent crowding in front of the restroom and ensure physical distancing.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">In addition, the mobile app can provide data on the latest sanitization drives to boost the confidence of the tenants.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">A lot can be done with the culmination of a few technologies like IoT and mobile apps. And as per Deloitte, these two are the best choice to improve front-end tenant experiences.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_vFsPDFYiQrpIN2Lx1dZdxg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_vFsPDFYiQrpIN2Lx1dZdxg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;">Provide Tenant Self-Service</span></h2></div>
<div data-element-id="elm_a7wsh9bbzkhHXQaXtJ43RA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_a7wsh9bbzkhHXQaXtJ43RA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Technology has changed how customers interact with businesses. They are not ready to wait at the end of the line for 10 minutes as you play them a boring old tune.&nbsp;</span></p></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Instead, customers, today prefer speed. They want to use the internet and mobiles to get replies to their queries and request services immediately.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">The need is more prominent among millennials who grew up surrounded by technology.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">As a result, </span><a href="https://www.slideshare.net/stevenvanbelleghem/the-self-serving-economy" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">40% of consumers prefer self-service compared to human interaction</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">. In addition, 70% of people want a business website to come with a self-service application.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Real estate agencies can cash in on this trend by offering a tenant self-service portal. It will allow your occupants to perform vital tasks without leaving their couches, like:&nbsp;</span></p></div><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Submit service requests&nbsp;</span></p></li></ul></div></div><div><div><ul style="font-size:12px;"><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Pay rent and charges&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Manage their account&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">View and download financial reports and bills&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Get notifications and alerts&nbsp;</span></p></li></ul><div><span style="color:rgba(0, 0, 0, 0.89);font-size:14.6667px;"><br></span></div></div><div style="font-size:12px;"><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">A self-service portal can boost your tenant experience instantly. Additionally, it can free up valuable hours for your employees, streamline workflow, and even cut costs.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_MnSq7vzFLNNRdmAFlNkuIg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_MnSq7vzFLNNRdmAFlNkuIg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;">Engage Tenants Better than Ever</span></h2></div>
<div data-element-id="elm_VGp3WZIlT4_uLJdUvqh7Tg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_VGp3WZIlT4_uLJdUvqh7Tg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div style="font-size:12px;"><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Technology can bring endless possibilities to engage your tenants. This can be a vital strategy to hold on to your occupants, even if they are away from their offices.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">A range of technologies can help you engage your tenants better. From mobile apps to virtual reality (VR), you can create unique digital experiences using different technologies to stand out.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">The practice is more common than you think and already bringing massive returns. For example, </span><a href="https://www2.deloitte.com/us/en/insights/economy/covid-19/covid-19-implications-for-commercial-real-estate-cre.html%22%20/t%20%22_blank" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">Mixc mall in Shanghai is engaging shoppers</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> with VR-based 360-degree tours of their building. Buyers can tour the mall and visit stores, just like in real life.&nbsp;</span></p><p><span style="color:rgba(0, 0, 0, 0.89);"><span style="font-size:11pt;"><br></span></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">In addition, they can browse the shelves and select products to buy. This strategy worked amazingly well for the mall over Valentine’s Day week and generated $71,000 in sales.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Real estate agencies can think of similar approaches to engage tenants. For example, senior homes can provide resources to ensure the well-being of the tenants using mobile apps.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">In addition, property managers can conduct competitions or even meditation classes to facilitate virtual engagement.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_wvPvKE3sed9249usjDYM5A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_wvPvKE3sed9249usjDYM5A"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;">Other Unmatched Digital Tenant Experiences with KriyaGo</span></h2></div>
<div data-element-id="elm_FVz4U2_S1_RxHq1oNYtKMw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_FVz4U2_S1_RxHq1oNYtKMw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div style="font-size:12px;"><div><div><div><div><p><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;">Real estate agencies need to work with an adept partner to excel at digital tenant experiences. KriyaGo can go a long way to help you </span><a href="https://www.kriyago.com/application-support" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">choose and implement the right technologies</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> for your needs. Our experience in real estate and exposure to different verticals makes us the leading choice for digital transformations.&nbsp;</span></p><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);"><br></span></p></div><div><p><span style="font-size:11pt;"><span style="color:rgba(0, 0, 0, 0.89);">In addition, we </span><span style="color:rgb(72, 118, 232);">can </span></span><a href="https://www.kriyago.com/integration-services" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(72, 118, 232);">integrate your existing tools</span></a><span style="color:rgba(0, 0, 0, 0.89);font-size:11pt;"> to drive meaningful insights. You can develop fitting tenant experiences based on your insights for more success.&nbsp;</span></p></div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Contact us today to know how we can help.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_aXEJpJHHUqaNCLRCBXQKOA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_aXEJpJHHUqaNCLRCBXQKOA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;">Final Thoughts</span></h2></div>
<div data-element-id="elm_8mLWziNR_NhxYEaMPegqWA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_8mLWziNR_NhxYEaMPegqWA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div><div><div><div><div><div><div style="font-size:12px;"><div><div><div><div><p><span style="font-size:11pt;color:rgba(0, 0, 0, 0.89);">Tenant experience technology is the latest trend to generate awesome returns. It can help you engage your tenants and provide stellar service. In addition, you can lower your costs and make your operations more efficient. Best of all, you can improve your retention rates and revenues without exception.&nbsp;</span><br></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Mon, 07 Feb 2022 01:00:00 -0500</pubDate></item><item><title><![CDATA[7 Common ERP mistakes and how to avoid them ]]></title><link>https://www.kriyago.com/blogs/post/7-common-erp-mistakes-and-how-to-avoid-them</link><description><![CDATA[<img align="left" hspace="5" src="https://www.kriyago.com/7 Common ERP mistakes and how to avoid them - squr.png"/>Did you know that  50%  of ERP implementations fail the first time around? Even after endless meetings, communicating with multiple departments, and ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_aUY-3Ft7RIeNKHxcHvxeXg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_AJvne_f-SVOTv574Cn2sKg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_NEdaacAWSpat3bykPIh4LQ" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_RiQ3L7-7rnRuRPhFVlJWFg" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_RiQ3L7-7rnRuRPhFVlJWFg"] .zpimage-container figure img { width: 800px ; height: 171.25px ; } } @media (max-width: 991px) and (min-width: 768px) { [data-element-id="elm_RiQ3L7-7rnRuRPhFVlJWFg"] .zpimage-container figure img { width:500px ; height:107.03px ; } } @media (max-width: 767px) { [data-element-id="elm_RiQ3L7-7rnRuRPhFVlJWFg"] .zpimage-container figure img { width:500px ; height:107.03px ; } } [data-element-id="elm_RiQ3L7-7rnRuRPhFVlJWFg"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/7%20Common%20ERP%20mistakes%20and%20how%20to%20avoid%20them%20-%20rect.png" width="500" height="107.03" loading="lazy" size="large" alt="7 Common ERP mistakes and how to avoid them " data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_ZBDVvaHOQNO-8rLfDCJVjg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_ZBDVvaHOQNO-8rLfDCJVjg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><p><span style="font-size:14.66px;"><span style="color:inherit;">Did you know that </span><a href="https://learn.g2.com/erp-statistics" target="_blank" rel="noreferrer noopener" style="color:rgb(72, 118, 232);">50%</a><span style="color:inherit;"> of ERP implementations fail the first time around? Even after endless meetings, communicating with multiple departments, and&nbsp;complying with&nbsp;deadlines</span><a href="https://www.360cloudsolutions.com/resources/top-six-erp-implementation-failures/" target="_blank" rel="noreferrer noopener" style="color:inherit;">, </a><a href="https://www.360cloudsolutions.com/resources/top-six-erp-implementation-failures/" rel="" style="color:rgb(72, 118, 232);">29%</a><span style="color:inherit;"> of enterprise real estate implementations become unsuccessful in the end.&nbsp;That’s mainly because companies repeat&nbsp;certain&nbsp;mistakes during the process.&nbsp; &nbsp;</span></span></p></div><div style="color:inherit;"><p><span style="font-size:14.66px;">&nbsp;&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:12pt;"><span style="font-size:14.66px;">And if you're looking for an ERP solution for your business, you may have to consider multiple things and avoid the mistakes usually made.&nbsp;We’ve covered a list of&nbsp;seven common ERP mistakes and ways to avoid them to help you ease your process&nbsp;here.&nbsp;&nbsp;</span>&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_sMt8EKpnTUSukuvxOZRQ0g" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_sMt8EKpnTUSukuvxOZRQ0g"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(21, 21, 129);">Seven common ERP mistakes</span></h2></div>
<div data-element-id="elm_-EsUxkxacslWDInGWGK3wg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_-EsUxkxacslWDInGWGK3wg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><p><span style="font-size:14.6px;"><span style="color:inherit;">Around </span><a href="https://learn.g2.com/erp-statistics" target="_blank" rel="noreferrer noopener" style="color:rgb(72, 118, 232);">50%</a></span><span style="color:inherit;font-size:12pt;"><span style="font-size:14.6px;"> of the companies are upgrading to ERP systems soon.&nbsp;And if you're planning to upgrade and implement an enterprise resource planning system&nbsp;too, here are the top common mistakes to avoid during the process for a successful implementation. Avoiding these mistakes can optimize your process and&nbsp;benefit your business.</span>&nbsp;</span><br></p></div></div></div></div></div>
</div><div data-element-id="elm_06zvLnFgMzxx8GgndiIaSw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_06zvLnFgMzxx8GgndiIaSw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(21, 21, 129);font-size:26px;">1. Not keeping everyone in the organization up-to-date</span><br></h3></div>
<div data-element-id="elm_Wxlv2u-NKxjKUr_oVb8ONg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_Wxlv2u-NKxjKUr_oVb8ONg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><p><span style="font-size:14.6px;"><span style="color:inherit;">Having an ERP system go-live is not easy, and it does not always go as expected. Enterprise Resource Planning implementations take </span><a href="https://learn.g2.com/erp-statistics" rel="" style="color:rgb(72, 118, 232);">30%</a><span style="color:rgb(72, 118, 232);"> </span><span style="color:inherit;">more time than estimated to go live. And taking extra time means reaching perfection to avoid failures. But sometimes, companies do not keep everyone updated about the process or the progress, which eventually leads&nbsp;to confusion or conflicts.&nbsp;&nbsp;</span></span></p></div><div style="color:inherit;"><p><span style="font-size:14.6px;">&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:14.6px;">Do not make the mistake of not keeping&nbsp;all&nbsp;members&nbsp;and&nbsp;other&nbsp;departments informed&nbsp;during the process.&nbsp;Spend enough time to&nbsp;communicate effectively about the strategies and your plans and ensure everyone is on the same page. </span></p></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_WB2ZHNN5luQGnfjUrKhOhw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_WB2ZHNN5luQGnfjUrKhOhw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(21, 21, 129);font-size:26px;">2. Going with a cloud-based or on-premise ERP without the right research</span><br></h3></div>
<div data-element-id="elm_kjppM0TO4-VxAKzRCeMAhg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_kjppM0TO4-VxAKzRCeMAhg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="color:inherit;"><div style="color:inherit;"><div><p><span style="font-size:14.6px;">62.7% go with cloud-based ERP solutions rather than on-premise ERP.&nbsp;Sure, in a world where technology is dominating and easing the business processes,&nbsp;going with a&nbsp;cloud-based ERP solution&nbsp;can seem to be the best bet. Of course, cloud solutions are&nbsp;gaining&nbsp;popularity&nbsp;due to the range of features it offers.&nbsp;</span></p></div><div><p><span style="font-size:14.6px;">&nbsp;</span></p></div><div><p><span style="font-size:14.6px;">But it's essential to&nbsp;conduct&nbsp;thorough market research, understand what's best for your business,&nbsp;while keeping&nbsp;the budget in mind. Do not mistake going for a cloud-based solution and changing your business processes for it. You should always get a software solution that works well with your business processes and not the other way round. &nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_gP2dGCddUhbE3rp0iNPyDw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_gP2dGCddUhbE3rp0iNPyDw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(21, 21, 129);font-size:26px;">3. Not knowing whether to get it customized or not</span><br></h3></div>
<div data-element-id="elm_9l79ATNMnFVl98nhTmCfGw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_9l79ATNMnFVl98nhTmCfGw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div><div><div><div><div><div><div><p><a href="http://4.%09https/softwarepath.com/guides/erp-report" target="_blank" rel="noreferrer noopener"><span style="font-size:14.6px;color:rgb(72, 118, 232);">26%</span></a><span style="color:inherit;font-size:14.6px;"> of an organization's employees use the ERP system.&nbsp;It’s essential to&nbsp;know who uses&nbsp;the enterprise resource planning solutions to implement the right one for your business. Most companies get it customized according to their business processes, and some go with the ERP solution providers' plans.&nbsp;&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:14.6px;">&nbsp;</span></p></div></div><p style="color:inherit;"><span style="font-size:14.6px;color:inherit;">While it's up to you to choose the right one for your business, you should do your research and know what's right for your business. But going for a customized solution is always great as it increases the efficiency of your business. However, if you've got a tight budget, talk to&nbsp;consultants and choose the right one.&nbsp;KriyaGo&nbsp;can help you decide the kind of system that's right for your business. If you want to know more about it, reach out to us today! </span><span style="color:inherit;"><span style="font-size:14.6px;">&nbsp;</span></span><span style="font-size:14.6px;color:inherit;">&nbsp;</span><br></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_ZX51oS9WZqTAwJ3SPqPcjg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_ZX51oS9WZqTAwJ3SPqPcjg"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(21, 21, 129);font-size:26px;">4. Implementing it without a proper plan</span><br></h3></div>
<div data-element-id="elm_0DMoJXP6oGOPppPfQ4Cyyg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_0DMoJXP6oGOPppPfQ4Cyyg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div><div><div><div><div><div><div><p><a href="https://www.selecthub.com/enterprise-resource-planning/erp-case-study/" target="_blank" rel="noreferrer noopener"><span style="font-size:14.6px;color:rgb(72, 118, 232);">88%</span></a><span style="color:inherit;font-size:12pt;"><span style="font-size:14.6px;"> succeed due to ERP implementation, and you can be among the 88% if you plan well. Planning is crucial to implementing an ERP system for your system. Most organizations don't take the time to understand the challenges or have a change management or communication plan before going to the next steps. Set a timeline and budget for a smooth flow. It also avoids conflicts along the process. </span>&nbsp;</span><br></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_UAOimpxFBmI4zxuANo7wCA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_UAOimpxFBmI4zxuANo7wCA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(21, 21, 129);font-size:26px;">5. Including employees only from a single department</span><br></h3></div>
<div data-element-id="elm_ZjS-USupL8Grvd65nCM7eQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_ZjS-USupL8Grvd65nCM7eQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div><div><div><div><div style="color:inherit;"><div style="color:inherit;"><div><p><span style="font-size:14.6px;">One of the most common mistakes is not getting all the departments on board. You should specify the need for change for both the end-users and the project managers to successfully implement the ERP system successfully.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:14.6px;">&nbsp;</span></p></div><div><p><span style="font-size:12pt;"><span style="font-size:14.6px;">Not keeping everyone informed can&nbsp;negatively affect&nbsp;the implementation process&nbsp;and&nbsp;create&nbsp;confusions. Therefore,&nbsp;communicate&nbsp;about the change and&nbsp;your goals. Articulate the strategy and have everyone on the same page throughout the process. Most often, organizations don't involve everyone during the process, reducing the chance of successful implementation. </span>&nbsp;</span></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_CTmS_vzpd0mCruvaB9Y_3A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_CTmS_vzpd0mCruvaB9Y_3A"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(21, 21, 129);font-size:26px;">6. Choosing features over flexibility</span><br></h3></div>
<div data-element-id="elm_pY_QkqW8pApoFIh1QICNvA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_pY_QkqW8pApoFIh1QICNvA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div><div><div><div><div style="color:inherit;"><div style="color:inherit;"><div style="color:inherit;"><div style="color:inherit;"><div><p><span style="font-size:14.6px;">The most common mistake that you should avoid is to go by the features. Ensure your ERP system meets your business goals – that is, to improve efficiency. Of course, a system with all the necessary components will add tremendous value, but it shouldn't be only about that.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:14.6px;">&nbsp;</span></p></div><div><p><span style="font-size:14.6px;">You should also consider its flexibility and customization to meet your long-term goals. If the system is not flexible but has all the features, it may not be good for your business in the long run. &nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_UR2cXHhxzv7a30JOFLDKew" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_UR2cXHhxzv7a30JOFLDKew"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(21, 21, 129);font-size:26px;">7. Overlooking maintenance plan</span><br></h3></div>
<div data-element-id="elm_tViafFHKSxUHkNmrYn5XYg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_tViafFHKSxUHkNmrYn5XYg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div><div><div><div><div style="color:inherit;"><div style="color:inherit;"><div style="color:inherit;"><div style="color:inherit;"><div style="color:inherit;"><div style="color:inherit;"><div><p><span style="font-size:14.6px;">What most organizations do is, implement the system, and that's it! They overlook the maintenance of it and only understand the importance of it when something goes wrong. A system maintenance plan is as important as any other step.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:14.6px;">&nbsp;</span></p></div><div><p><span style="font-size:14.6px;">So, always think ahead and have a maintenance plan for your ERP systems. Once you're done implementing, training your staff is the next crucial step. You should also have your support and maintenance plan for a smooth flow.&nbsp;</span></p></div><div><p><span style="font-size:14.6px;">&nbsp;</span></p></div><div><p><span style="font-size:14.6px;">Choosing the right ERP solutions reaps fruitful benefits for your business, and it's up to you to make the right choice. Right from researching,&nbsp;planning, strategizing and implementing, you have to keep everyone informed to avoid costly mistakes.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:14.6px;">&nbsp;</span></p></div><div><p><span style="font-size:14.6px;">Having all the right functions and flexibility can positively impact your business and also ease the process. Automating tasks with ERP solutions can be great, but it is not just about that. You need to look at the broad picture and see how best it can benefit your business. &nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_el6UKsdMKT1QjaKzh67H5Q" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_el6UKsdMKT1QjaKzh67H5Q"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(21, 21, 129);">Implement ERP solution for your business with KriyaGo!</span></h2></div>
<div data-element-id="elm_3nM5gDhNHQRX7u-2lZlWzw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_3nM5gDhNHQRX7u-2lZlWzw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div><div><div><div><div><div><div><div><div><div><div><div><div><p><span style="font-size:14.6px;"><span style="color:inherit;">One of the main </span><a href="https://softwarepath.com/guides/erp-report" title="reasons" rel="" style="color:rgb(72, 118, 232);">reasons</a><span style="color:inherit;">&nbsp;companies implement ERP solutions is to increase efficiency and if you want just that for your company, talk to our&nbsp;KriyaGo&nbsp;team today! We provide ERP software and consulting services for businesses and also provide consultations for your business. We not only implement the system but also provide training, maintenance, and support for your business.&nbsp;&nbsp;</span></span></p></div><div style="color:inherit;"><p><span style="font-size:14.6px;">&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:14.6px;">So, if this is something you've been looking for, get on a consultation call with us today! &nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_ydJiuIuMxTGCoC75JFzJUA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_ydJiuIuMxTGCoC75JFzJUA"].zpelem-heading { border-radius:1px; } </style><h4
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-weight:700;color:rgb(21, 21, 129);font-size:22px;">References</span><br></h4></div>
<div data-element-id="elm_ZILz8_r4B4mjT6a3gyWwkw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_ZILz8_r4B4mjT6a3gyWwkw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div><div><div><div><div><div><div><div><div><div><div><div><div><div style="color:inherit;"><div><div><ol start="1"><li style="margin-left:48px;font-size:12pt;"><p><a href="https://bi-survey.com/data-discovery" target="_blank" rel="noreferrer noopener"><span style="font-size:12pt;">https://bi-survey.com/data-discovery</span></a><span style="font-size:12pt;">&nbsp;</span></p></li></ol></div><div><ol start="2"><li style="margin-left:48px;font-size:12pt;"><p><a href="https://www.gartner.com/smarterwithgartner/how-to-stop-data-quality-undermining-your-business" target="_blank" rel="noreferrer noopener"><span style="font-size:12pt;">https://www.gartner.com/smarterwithgartner/how-to-stop-data-quality-undermining-your-business</span></a><span style="font-size:12pt;">&nbsp;</span></p></li></ol></div><div><ol start="3"><li style="margin-left:48px;font-size:12pt;"><p><a href="https://www.360cloudsolutions.com/resources/top-six-erp-implementation-failures/" target="_blank" rel="noreferrer noopener"><span style="font-size:12pt;">https://www.360cloudsolutions.com/resources/top-six-erp-implementation-failures/</span></a><span style="font-size:12pt;">&nbsp;</span></p></li></ol></div></div><div><div><ol start="4"><li style="margin-left:48px;font-size:12pt;"><p><a href="https://softwarepath.com/guides/erp-report" target="_blank" rel="noreferrer noopener"><span style="font-size:12pt;">https://softwarepath.com/guides/erp-report</span></a><span style="font-size:12pt;">&nbsp;</span></p></li></ol></div><div><ol start="5"><li style="margin-left:48px;font-size:12pt;"><p><a href="https://learn.g2.com/erp-statistics" target="_blank" rel="noreferrer noopener"><span style="font-size:12pt;">https://learn.g2.com/erp-statistics</span></a><span style="font-size:12pt;">&nbsp;</span></p></li></ol></div><div><ol start="6"><li style="margin-left:48px;font-size:12pt;"><p><a href="https://www.selecthub.com/enterprise-resource-planning/erp-case-study/" target="_blank" rel="noreferrer noopener"><span style="font-size:12pt;">https://www.selecthub.com/enterprise-resource-planning/erp-case-study/</span></a><span style="font-size:12pt;">&nbsp;</span></p></li></ol></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Thu, 13 Jan 2022 09:00:00 -0500</pubDate></item></channel></rss>