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Certificate of insurance tracking can be time consuming but it is critical in reducing your exposure. The shear number of tenants and vendors that you have makes certificate of insurance tracking a significant administrative challenge and, without visibility into this critical area, you may needlessly expose yourself and your insurer to higher liability. Your certificate of insurance Tracking (COI) program should include a comprehensive certificate tracking tool designed that eliminates cumbersome paper based processes through an easy to use system that automates the entire process.
The COI system should capture time sensitive data and documents and enable you to quickly see who’s COI is up to date, who’s is about to expire, and who’s insurance certificate has expired. Your COI system should also integrate into your communications system and be configured to email or fax vendors or tenants when their COI is about to expire. This feature reduces the amount of time spent on managing COI and is a proactive approach to reducing risk. Read more at the forum or learn more by clicking one of the links below! |
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Security
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The world of security has changed dramatically over the past few years. Find out how you can optimize your processes and achieve the results you need. Read more at the forum or learn more by clicking one of the links below!
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Building Management 2.0
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Movement to Building Management Operations 2.0 has been rapid for some while other industries still rely on the antiquated administrative approach. Building Management Operation 2.0 blows away the belief that technology cannot be implemented or maintained effectively in the commercial real estate business. There are many challenges when implementing and maintaining new solutions because commercial real estate organizations have a great deal of diversity with owners, brokers, managers, and tenants typically being from different organizations with disparate interest and priorities. Recent trends have shown a dramatic increase in the use of Builing Management 2.0 mainly due to the tremendous cost savings of converting to an more global solution. In addition, technical management providers who are capable of matching the organization's processes, constituencies, and provide comprehensive setup and maintenance support throughout the life of the system have achieved significant have delivered significant advantages and reduce the number of early project terminations and under utilized or "orphaned" systems. Read more at the forum or learn more by clicking the links below!
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Green Building
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Green building is the practice of increasing the efficiency with which buildings use resources — energy, water, and materials — while reducing building impacts on human health and the environment, through better site establishment, design, construction, operation, maintenance, and removal — the complete building life cycle. Read more at the Forum or by clicking on the links below!
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Incident Tracking
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When an incident occurs in your building are you equipped with the right tools and processes to manage the situation? Surprisingly, many buildings continue to manage their incident tracking system through cumbersome manual systems that are inefficient but, most importantly, increase risk and liability exposure. Below is an example based on real events that reveals the solution. Read more at the Forum or by clicking on the links below!
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