Commercial Real Estate Archives

Benefits of Modern Cloud-Based Commercial Real Estate Development Software

Businesses and organizations outgrowing entry-level accounting software, and those running legacy applications struggle to adapt to today’s rapidly changing business environment. As a result, companies are hampered by high IT costs for one-off integrations and intrusive customizations, providing minimal functionality to grow into new markets. Accurate, real-time accounting is paramount for real estate developers and …

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How To Improve the Timeliness of Cash Flow & Funding For Real Estate Developers

As a real estate developer, you understand the importance of maintaining a steady cash flow and access to bank financing for your projects. In the fast-paced world of real estate development, delays in receiving funding or payments can disrupt your project timeline and even lead to costly mistakes. To help ensure the timely flow of …

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How Real Estate Developers can use Real-time Reporting to Gain a Competitive Edge

Most companies struggle to pinpoint the reasons behind declining productivity, rising costs, or stagnant growth. Many deploy analytical tools in search of big data, gleaning some insights but rarely enough to immediately diagnose operational issues, identify trends, and spot opportunities. Real Estate Development Accounting powered by Acumatica combines the power of an award-winning financial platform …

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How Our Real Estate Development Solution Powered by Acumatica Increases Productivity for Your Organization

Accurate, real-time accounting is paramount for real estate developers and property managers. Unfortunately, proper bookkeeping can be both tedious and time-consuming. Most developers are using multiple disparate applications to string together something that works – but is far from optimal from a productivity and accuracy standpoint. Our Real Estate Development Solution powered by Acumatica provides …

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Office Space Uncertainty as Working from Home Becomes More Mainstream

The future adoption of remote work methods by businesses casts a pall of uncertainty over the commercial office space industry. Has the rise in work-from-home jobs affected office space openings? And will it have a longer-term impact? These are the questions CRE developers are asking since there is no real historical data to analyze as …

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Four Things That Make Real Estate Development Accounting Software Unique

It’s important to understand the differences between real estate development accounting software and conventional accounting programs, such as Quickbooks. Let’s take a closer look at the four primary distinguishing characteristics. Developers are in it for the long haul Because typical development projects are long-term, real estate development accounting differs from other types of accounting. …

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Still Using Outdated and Manual Real Estate Development Software?

The struggles of still using outdated and manual real estate development software are unnecessary as they are hindering. To limit your company’s accounting to Quickbooks and project costing, commitments to Excel diminishes time, as well as control. Now, imagine utilizing a cloud-based software solution that gives you complete project control, including the ability to: view …

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How Tech Can Help Ensure Commercial Real Estate Projects Are On Time And Under Budget

The overwhelming majority of commercial real estate (CRE) projects are coming in late and over cost estimates, experts say. And the best way to combat this unfortunate trend is by moving away from legacy systems to state-of-the-art CRE budgeting solutions. According to a recent IDC survey, 78% of CRE projects are over budget, and projects …

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Why QuickBooks is Inadequate for Your Growing Real Estate Development Organization

Quickbooks™ was a godsend for businesses upon its creation nearly four decades ago. And while it remains good at what it does, limitations abound. If you’re consistently forced to create workarounds to solve problems, that’s a good indication you may have outgrown your software. QuickBooks is an accounting software package developed and marketed by Intuit. First …

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Three ways tech can help real estate developers increase productivity in 2022

As with many other industries, the commercial real estate (CRE) space has seen digital innovation and technology adoption continue to grow over the years, especially lately. By 2019, according to Deloitte’s annual survey, tech had spread through virtually the entire continuum of the CRE industry, but its adoption was still moving relatively slowly compared with …

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Commercial Real Estate