Managing budgets efficiently is crucial for the success of any organization, especially when dealing with Computerized Maintenance Management Systems (CMMS) and various capital projects for offices, buildings and properties. Here’s how you can use a property management system like ours to help you to streamline your budgeting process for both annual repairs and maintenance, as well as planned capital expenditures. Annual Budgeting for Repair and Maintenance Start by creating annual budgets for each property, region, or division, categorized by trade or account code. This allows for the allocation of funds and better financial management. Annual Budgeting for Capital Projects Project…
Managing vendors bid processes can be a daunting task, but with the right tools, it becomes a seamless and efficient experience. Spacewell/Axxerion’s advanced bid package features are designed to optimize and simplify the way you handle vendor relationships and project bids, ensuring that you get the best value and quality for your projects and CMMS activities. Here’s a breakdown of the key features that make this possible. Organize and Search Vendors Efficiently With the ability to organize and search vendors by trades and markets, finding the right vendor for your specific needs has never been easier. This feature allows you…
Client Profile Commercial Property Management and Investment Company Over 200 Properties Managing 350 Suites Overseeing Almost 300 Tenant Organizations Expertise in Both Bank and Non-Bank Properties Challenges: Our client, a prominent commercial property management and investment company, faced several challenges in efficiently managing their diverse portfolio. They needed a comprehensive solution to address the following needs: Property Manager Portals: Provide property managers with a dedicated portal to view and manage properties under their supervision, along with associated requests, work orders, inspections, and leases. Management and Back Office Oversight: Enable the management and back-office teams to gain a holistic view of…