Prepare your back office for opportunity
The prime loan rate is at a 20-year high, commercial office vacancy rates remain high, sustainability legislation is challenging business strategies and rising costs are squeezing margins. While the roles of chief financial officers and portfolio managers have expanded to address what may be the industry's new normal, more assistance is needed to protect portfolio performances and to prepare the back office for the next window of opportunity in the sector.
To provide streamlined services to all departments in this real estate environment, systems that support accounting, regulatory compliance and procurement must be interoperable and, when possible, automated. Most importantly, relevant data is needed quickly.
Download our whitepaper for three steps real estate investment firms should take to create processes agile enough for the contemporary marketplace.
