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Achieving compliance on an ongoing basis with the new lease accounting standard ASC 842 presents unprecedented challenges for the companies. It not only demands a complete overhauling of the processes and systems but requires right approach, skill and data management capabilities. While the new lease accounting standard would help provide in-depth and complete view of
Whether you are a real estate developer, real estate management company or real estate agent/brokerage firm, marketing is key for any business to survive and stay ahead of the curve. As evolving technology continues to influence every aspect of a business, organizations who fail to capitalize on this trend and advance their marketing efforts risk
Access to meaningful information has been indispensable in driving growth in the real estate sector. Debt summaries, property valuation, tenancy and occupancy analyses to maintenance and utilities reports, every information is valuable and plays a key role in managing a real estate business profitably. And with the advancing technology and its influence on the real
International Financial Reporting Standards (IFRS) 16 and Accounting Standards Codification (ASC) 842 – the new lease accounting standards have had a far reaching impact on business across industry sectors. Almost every company has some or other form of rentals/leasing, whether it is equipment, assets, or infrastructure. According to the new mandate every lessee is required
Considering how volatile and aggressively competitive business landscape is, building market intelligence has emerged to be an integral part of any business operation. Unlike market research, which is more focused on a certain aspect and gathering relevant information to resolve a challenge/situation, market intelligence is a broader approach. It allows companies to build a more
In highly competitive and evolving industry landscape, it is critical for real estate players to develop sound financial modeling to be able to understand the bigger picture and analyze new market opportunities. Despite the growing importance of real estate financial modeling, majority of players still rely on Excel-based models. However, the problem is commercial real
In a globalized business landscape, it is becoming increasingly critical to collaborate and know who you are doing business with. Which means you need to have access to accurate and wide ranging information about the company and its key people. From financial institutions, professional services firms, government agencies to public and private sector players –
Do you know that 74% of millennial shoppers want image search as part of their buying journey. Visual content/images have unparallel potential to generate Web traffic. As ecommerce players you may have an extensive library of product images, however, if they are not optimized you will not be able to realize its benefits. Web crawlers
Do you know that close to 90% of shoppers rely on product content to make a purchasing decision. Product descriptions are key to boosting sales for an e-commerce business. And yet, many ecommerce players still do not focus enough on this aspect. Common practice is to simply copy and paste factory specifications, in order to
As coronavirus pandemic rattles businesses across sectors, it is continuing to deepen its toll on organizations while they struggle to manage business as usual. Small and medium size companies are dealing with unprecedented difficulties in the face of disrupted operations and cash flow, shortage of staff and continuous pressure to ensure employee health and safety.