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…
