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 […]
Project errors — especially unforced, preventable errors — have been the bane of commercial real estate (CRE) developers’ existence since a time when land was first bought and sold. Now, especially with the explosion of tech over the past several years, the best way to minimize project errors is through the implementation of state-of-the-art digital solutions.
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 […]
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 […]
Commercial real estate (CRE) development has seen digital innovation and technology adoption grow over the years, especially lately. And although tech had spread across much of the real estate continuum by 2019, according to Deloitte’s annual report, the industry was still relatively slow to adopt tech compared with other industries. The global Covid-19 pandemic in […]
Several years ago, Commercial Real Estate (CRE) was in danger of falling behind in the adoption of new technology. But that has definitely changed. As reported by Forbes, investment in property tech (Proptech) grew by 1,072% between 2015 and 2019, and in 2018, venture capital firms invested $8.3 billion in Proptech companies throughout the world. […]
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. […]
Not long ago, the “Cloud” was looked upon with a great deal of trepidation. But in lockstep with technological innovation, the cloud is now everywhere. The cloud is an Internet-based service that delivers various applications and services, such as data storage, servers, databases, networking and software. Cloud-based storage makes it possible to store files in […]
For the past several years, cloud computing has revolutionized how businesses handle everything — from security and efficiency, to costs and data analytics, and more. In fact, executives across all industries, sizes and geographic locations are recognizing the many advantages of cloud computing for businesses, and Commercial Real Estate (CRE) development is no exception. Resistance […]
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 other […]
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