CRE

Budgetrac Solution Offers Four Specific Features to Help CRE Developers

In order to be successful, real estate developers require a project management system that is both effective and cost-efficient. What is needed is a self-contained system that can simultaneously keep track of the front line and the bottom line. Budgetrac is a fully integrated, web-based, end-to-end solution that provides a comprehensive tool set delivering quick …

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Why Commercial Real Estate Developers Need Technology

Consensus says that the best way to run any organization is by utilizing the latest technology and having a state-of-the-art software solution appropriately created for its industry and purpose. We subscribe to this belief and feel strongly that real estate developers need to embrace technology to enhance their accuracy, productivity and overall profitability. Several years …

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How Digital Innovation Reduces Human Accounting Errors in Commercial Real Estate

A wonderful thing about the proper implementation of technology is that it excels at limiting the number of ever-prevalent human errors, thereby greatly lessening their negative impact on commercial real estate (CRE) development. One of the best examples of this in action can be seen in the financial space. When it comes to accounting, eliminating …

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Still Using Outdated and Manual Real Estate Development Software?

The struggles of still using outdated and manual real estate development software are unnecessary as they are hindering.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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Automation Greatly Reduces Loan Draw Process Time and Accuracy

Paperwork. It is truly a rare person who enjoys this tedious but imperative task. The best way to minimize the time spent on this mundane job is via automation through technological innovation. Draw requests comprise invoices, receipts, budgets, change orders and lien releases. And if you are still handling these chores manually for a Commercial …

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Using Modern Tech to Address Old Problems in Commercial Real Estate Development

Long an industry that lagged behind others in new technology adoption, commercial real estate (CRE) development has been coerced into digital fast-forward over the past couple of years. In fact, the Covid-19 pandemic destroyed any remaining trepidation the industry might have had, and forced the rapid launch and expansion of cutting-edge technology solutions into the …

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All Eyes Are On the Global Supply Chain for 2022 Commercial Real Estate

Supply chain bottlenecks on both coasts have made headlines in recent months, particularly in Los Angeles and Long Beach, where container ships are often backed up for weeks waiting for cargo to be discharged. The real estate development and construction industry, which depends on materials and equipment from many other industries, remains especially hard hit. …

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