Axxerion Commercial Lease, Property & Maintenance Management

Axxerion Commercial Lease & Maintenance Management

By CMMS, Contract Lifecycle Management, IWMS, Maintenance Management, Property Management, Reservations, Uncategorized
Axxerion’s property management software offers a complete, cloud-based solution for owners and operators of commercial real estate. With automated workflows, real-time analytics, and built-in accounting, our software-as-a-service integrates the operational, maintenance and financial procedures of commercial real estate businesses all within a one-stop-shop platform. Read below to learn more about our each of our offerings: Property & Lease Management Axxerion’s Lease Management software supports commercial real estate operations with easy-to-use contract lifecycle services – including lease generation, abstraction, organization, renewals, critical date reminders and more. Our key offerings include: Portfolio Organization and Search Manage all details and aspects of your...
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CMMS for Homeowner Associations

CMMS for Homeowner Associations (HOA)

By CMMS, Contract Lifecycle Management, IWMS, Maintenance Management, Property Management, Reservations, Uncategorized
Homeowners’ associations (HOAs) are responsible for maintaining common areas and facilities within their collective housing development. These common areas include playgrounds, parking lots, sidewalks, golf courses, gyms, pools, and clubhouses. Maintaining these common buildings and spaces can be a costly endeavor, with HOAs often spending 25% of their yearly operating expenses on facilities management. That is why is critical for HOAs to have a strong maintenance program that includes preventative maintenance, asset management, a work order system, accounting and more. Software like a computerized maintenance management system (CMMS) enables facilities teams to streamline and automate all of these operations within...
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Why Behavioral Health Organizations like CHR Use Axxerion CMMS to Streamline Facilities and Accounting

Why Behavioral Health Organizations like CHR Use Axxerion CMMS to Streamline Facilities and Accounting

By CMMS, Contract Lifecycle Management, Fleet Management, Maintenance Management, Property Management
Client Spotlight: Community Health Resources CHR is a non-profit behavioral healthcare provider in Connecticut that offers a comprehensive range of services for children, families and adults whose lives have been affected by mental illness. CHR has two main outpatient offices in Manchester and Enfield, along with many other offices throughout central and eastern Connecticut. Headquarters: Windsor, CT Industry: Nonprofit Behavioral Health Number of Locations: 60+ Number of Employees: 900+ Why Axxerion: Flexible and highly configurable Forward-looking accounting All-in-one platform Axxerion Modules Used: CMMS Lease/Contract Management Financials & Accounting Reporting & Analytics The Challenge: CHR used to store all of their...
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Contract Lifecycle Management Best Practices

Contract Lifecycle Management Best Practices

By Contract Lifecycle Management

The financial consequences of participating in poorly managed contracts can ruin your business for good. To mitigate this risk, it’s essential that you understand what you are getting involved in at every stage of the contracting process. But, contract execution and fulfillment can be overwhelming when you consider the many different factors that could go wrong. Added to that, the situation worsens when an organization tries to manage key contracts manually or via Excel spreadsheets. These are common challenges that business owners encounter regardless of their industry or business niche. Thus, gaining better contract visibility and overcoming these challenges has…

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3 Sample Contract Lifecycle Management Use Cases

3 Sample Contract Lifecycle Management Use Cases

By Contract Lifecycle Management

By eliminating most of the tediousness, oversights, and loopholes that often plague legal agreements, contract lifecycle management (CLM) has the potential to significantly improve your company’s bottom line, protect brand reputation, and boost overall synergy between your organization and the other companies that you frequently do business with. Even better, the benefits and usefulness of CLM are not limited to any industry – every industry needs it. However, as a business owner, maybe you are still hesitant, or you’re not yet convinced about what CLM can do for your kind of business. 3 Sample Contract Lifecycle Management Use Cases Below…

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5 Stages of Contract Management - All You Need To Know

5 Stages of Contract Management – All You Need To Know

By Contract Lifecycle Management

Explained in the simplest terms, a “contract” is a legally binding agreement between two or more parties involving the exchange of money, goods, services, or promises. As organizations aim to get their business done faster while delivering the best services to their clients, contracts will continue to play a vital role in every industry imaginable. In the past, contracting used to be a simple and relatively straightforward process; a contract started with an agreement to exchange and concluded when that exchange was fulfilled. But with some contract figures now running into millions of dollars and multiple parties across different continents…

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4 Main Contract Lifecycle Management Benefits

4 Main Contract Lifecycle Management Benefits

By Contract Lifecycle Management

These days, it is a common business practice for organizations to regularly rely on legal agreements to get important business tasks done. From vendor-related processes to supply chain and procurement, from staff recruitment and employment to facility management and real estate matters, etc., contracts play a pivotal role in how we get work done. However, successful contracts don’t happen based on set-and-forget principles. Rather, it is necessary to manage and track every stage of a contract’s lifecycle to achieve the best performance and compliance. Traditionally, this process was managed through manual paper systems that left too much room for errors….

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5 Reasons Why You Need A Central Contract Repository

5 Reasons Why You Need A Central Contract Repository

By Contract Lifecycle Management

If your business has been in operation for a number of years, the chances are high that you must have participated in a number of contracts over the years. But if you were asked to provide some contract information from a couple of years back, how long would it take to find that information? Can you pinpoint for sure your best and worst performing contracts? On closer scrutiny is the  answer you just gave accurate? Have you made more profits or losses from contracts so far? As more years roll by and your business continues to sign even more contracts,…

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electrician with hardhat and overalls using clamp tester

Integrated Maintenance, Lease and Capital Expenditure Management for Multiple Properties

By Contract Lifecycle Management, IWMS, Maintenance Management, Property ManagementNo Comments

From a tenant’s point of view, when you have multiple properties, you need to easily manage different aspects of leases/space utilization, maintenance of the locations and account for capital expenditures. Traditionally, these tasks are performed using separate CMMS, IWMS, and FAS (Fixed Asset Systems) tools.  Each area is automated to a different extent which creates islands of automation with rigid boundaries. For example, leasing a new space requires inputting of the data in multiple systems. Each system would have its own interface and requirements which would then make it hard to manage the process and would require developing separate expertise…

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IWMS/CMMS/EAM Integration

What An Integrated Workplace Management System Needs To Have

By Contract Lifecycle Management, IWMS, Maintenance Management, Property ManagementNo Comments

Companies need to manage their properties and keep track of their assets for depreciation and maintenance.  This is traditionally done in a disjointed manner requiring several steps to transfer the data from one system to another.  This process is time consuming and error prone.  It also promotes “islands of automation” as they would need to develop and maintain expertise in different programs. A comprehensive IWMS needs to address asset management and depreciation, maintenance and capital improvement and property management and financials in a uniform and integrated manner. Asset Management (EAM) Hard assets and capital improvements have been traditionally depreciated in…

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