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Service Cost and CAM Reconciliations: Everything You Need To Know

By Property ManagementNo Comments

Property management systems, Lease Management Systems, and advanced Integrated Workplace Management Systems (IWMS) need to manage the Common Area Maintenance (CAM) charges and allocations to tenants automatically and smoothly.  Because of the lack of a reliable, automated process, this is usually performed in Excel spreadsheets which is tedious and error prone. Service Costs and CAM Reconciliations Service costs are net charges billed to tenants in a commercial lease and are paid by tenants to the landlord of a commercial property. Service costs often include Common Area Maintenance (CAM) charges where each tenant pays their pro rata share of a property’s…

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March 15, 2019
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Penn South Selects Axxerion Property Management and CMMS

By Maintenance Management, Property ManagementNo Comments

January 2019 Penn South (www.pennsouth.coop) in Manhattan selects Axxerion Property Management and CMMS after a thorough review of the systems in the market. Below is the announcement from the organization on their selection. “Penn South is a 15-building, 2,820 unit affordable housing cooperative located in three city blocks in the heart of New York City. The in-house management team has long been an industry-leader in adopting new technologies and implementing best practices and prides itself on providing high-quality service to its shareholders. Penn South recently signed an agreement with Axxerion and will be implementing the software over the coming months….

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February 13, 2019
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handshake while handing over keys after signing contract

How to Manage Your Keys, Security and Access Using an IWMS

By IWMS, Property ManagementNo Comments

An Integrated Workplace Management System (IWMS) (or Computer Aided Facilities Management –  CAFM system) is expected to manage keys and access for employees and visitors including contractors. Setting up the locks, cylinders and keys The system needs to track the locks, cylinders and keys as types of assets. For each type, all the related attributes need to be collected as database fields and stored with the item. Attaching Locks to Areas and Assets Once you define a lock, you need to be able to assign it to an area, an asset or a vehicle. The assignment should be easy, and…

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January 16, 2019
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Electrician fixing ac unit

Using GPS With A CMMS

By IWMS, Maintenance Management, Property ManagementNo Comments

With the availability of GPS (Global Positioning System), companies can now have better information and therefore control on where their resources are and review the history of activities together with their associated GPS. One method of setting up GPS integration, as implemented in Axxerion, is to record a GPS coordinate with any action taken by a technician.  For example, when a technician clicks start work on the CMMS work order, the system records the action as well as the GPS of person’s position at the time. Another approach, as also implemented in Axxerion, is to assign bar code or QR…

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October 11, 2018
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Business Meeting Signing a Contract

Computerized Property Management for Owners and Operators

By Property ManagementNo Comments

As a property owner and operator, you want to have a good handle on critical areas such as: Profit and loss for each property and the whole portfolio Occupancy and leases Proper reporting to your investors as applicable A lot of property managers deploy different point solutions to computerize the different aspect of their operations with a number of different programs. This includes stand-alone space management, lease management, financials and accounting as well as project management.  There are also a lot of Excel files floating around for different purposes. While this approach helps in each of the automated area, these islands…

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December 15, 2016
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Business Meeting

Setting Up and Using Online Floor Plans (SVG and AutoCAD)

By Maintenance Management, Property ManagementNo Comments

As a property manager/space planner you have perhaps experienced the need and importance of online floor plans for your day-to-day work. This capability has been available in some Integrated Workplace Management Systems (IWMS). However, there are issues with the traditional process of publishing drawings online in such systems. Overall, three groups of users would benefit from accessing the floor plans online. For property managers/space planners For employees For facility managers and service providers Every building starts with a set of drawings which are approved for construction by the planning organizations. When a construction is completed the final drawings are provides…

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November 8, 2016
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nearsighted classroom environment

Facilities Management Acronyms

By Property ManagementNo Comments

People and organizations working within different aspects of the Facilities Management industry, as well as developers of Facilities Management software,  need to deal with many acronyms on a daily basis. As an integrated software for facilities management in multiple markets, the Axxerion team has dealt with its fair share of these acronyms. If you’re looking for a quick brush-up on your maintenance management lingo, below is a list of facilities management acronyms in the US market: MMS (Maintenance Management System) CMMS (Computerized maintenance management system) MRO (Maintenance, Repairs & Operations) CLM (contract lifecycle management) PM (Project Manager) PM (also Preventive…

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March 5, 2016
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