News, views and industry trends
Overcoming the hurdles of fixed asset management
Controlling fixed asset information and extracting the data needed for compliance and reporting purposes can often come with many challenges. These hurdles may be caused by a lack of a proper functioning asset management system or the need to update …
Become a fixed asset management master by avoiding these 5 common failures
There are common failures that often occur with fixed asset management, largely due to ineffective systems or policies. However, the common mistakes that many organisations experience don’t need to be a re-occurring factor in your management. E…
7 key considerations for better spend control in property management
This blog was written by Andy Hamilton, a Consultant at Proactis. Proactis, a certified MRI Software Solutions Partner, helps property management companies control 100% of their spend. Their solution transforms the Source-to-Pay processes, which help…
Why Lease Accounting Changes Will Drive AI Adoption in Real Estate
New lease accounting changes will prompt many more businesses to embrace evolving property management technology The countdown has begun, but is your business ready for new lease accounting changes that will require all publicly-listed companies to account for the value of their leasing obligations on their balance sheets? If not, time is running out – … Continued
Workflow Automation for Commercial Real Estate
Commercial real estate (CRE) firms tend to rely heavily on spreadsheet tools such as Excel to perform complex analysis and financial modeling tasks. The time-consuming process of integrating data from disparate sources, such as an accounting system, …