Facility Technology Simplifying Facilities...
Strong tenant retention is vital for rental companies’ financial situations and long-term survival. Professional landlords understand that maintaining tenants happy in their homes directly affects the bottom line, hence reducing expensive turnover and related costs. Implementing a complete suite of tenant retention strategies in areas including pre-qualification and screening, prompt maintenance, lease renewal incentives, fair
Digital change is key to how procurement is evolving in today’s fast-moving business world. New technologies are transforming procurement management system through data-driven, simplified, efficient procedures derived from conventional human labor. This change is redefining how goods and services are procured, contracts are handled, and supply chains run for companies as well as for procurement
More emphasis on sustainability is altering property management practices. Buildings that are more energy-efficient, ecologically friendly, and employ cutting-edge technologies follow from this convergence of resident requirements and global environmental challenges. How property managers can ensure that the technical quality of the building is as good as its environmental quality is the key issue of
Struggling with increased CAM charges? Conflict with tenants because of these increased maintenance costs? Discover how Factech’s innovative FMS solution helps you track, analyze, and control CAM expenses for better budget management. Common Area Maintenance, or CAM charges, is a fee paid by tenants in addition to their standard rent to share a section of
Facility managers do not have to fight to keep up with all the moving components of a facility just on paper. By employing technologies such as machine learning and CAFM software, facility managers in real estate businesses can use data to enable the effective running of their facilities. Teams in real estate portfolio management charged