Managing real-estate and property requires alignment of financial and strategic goals of the portfolio. Financial budgets cover the operating expenses and capital expenses associated with the property. Finance teams and property managers need to review each budget carefully to ensure that the costs are aligned with the overall financial strategies and objectives.

If managers rely on manual verification and review methods, they are going to be spending way too much time and effort in managing and approving budgets. As operations expand, these budgets are going to go through multiple review and approval rounds. For efficient review and approval of property budgets, you need a streamlined and disciplined process that aims at maintaining financial health and aligns with the long term goals of the company.

Workflow automation can help you achieve that! AUtomated workflows ensure that all the necessary reviews are conducted on time and date-based decisions are taken on budgets. Cflow automates the budget approval request approval process so that property managers can rest easy and manage budgets with the confidence of thorough and consistent review.