Commercial lease tenants are required to pay pro rata share of the operating expense which is commonly known as common Area Maintenance (CAM) expenses. As tenants you have the right to verify whether or not you are being charged correctly. CAM audit is a process that can help you determine accuracy of charges and the
Annual common area maintenance (CAM) reconciliation is one of the most tedious processes that is notoriously error prone. Despite the fact it is also one of the processes that is often overlooked by commercial property owners, resulting in errors in reconciliation that over time results in thousands of dollars in losses. Reconciling CAM expenses against
We all know the power of a smashing good product description. When shoppers are contemplating spending their money on a product or service, it is what your business communicates and how your business communicates that becomes the deciding factor. When your product description stands out and manages to connect with the shopper, and makes them
Both commercial real estate owners and property management companies are required to focus on several aspects to keep the business afloat. From managing lease portfolios, listings, finances, administration to other scaling business requirements, industry players are swarmed with conflicting priorities. Sure, success in real estate depends on property sales and marketing and efficient management of
Millions of people travel around the globe today. Whether it is for leisure or business traveling is constantly on the rise. Evolving traveling trends and demands combined with rapid digitization have led to the rise of online travel aggregators (OTAs). It is estimated that approximately 40% of global travel market share is held by OTAs.
Whether it is football, baseball, cricket, basketball, or formula 1, every professional sport today has become highly competitive, where even the smallest of change can impact the entire course/outcome of the game. From hard-core loyal fan base to seasonal followers every enthusiast is looking for more and detailed information related to performance and surrounding events
An online travel agency or online travel aggregator (OTA) is a familiar term within the hotel and hospitality industry. A segment that has rapidly gained popularity among travelers around the world owing to its convenience of finding and booking hotels. These online platforms offer great potential for hotels to promote their property and gain greater
Common area maintenance (CAM) expenses are a standard and key part of any commercial lease that helps cover the operating expenses These charges are calculated on a pro-rata basis and passed on to the tenants. That said, despite its importance in the upkeep of a property, the lack of a unified template for reconciling CAM
The digital world is a highly competitive one. The only way businesses can target prospective customers is to stay on top of the game. So, they come up with a million out-of-the-box ideas to entice the customers into feeling that their product is exactly what the consumers need. But what many businesses fail to understand
Companies that rely on internal teams or automation to annotate data often find it difficult to manage increasing workloads and yet assure the same quality, speed, and security. Automation is the first casualty in such instances. Why? A lot of time is spent on perfecting algorithmic models to accurately match complex behavioral patterns and make