Forecasting and Budget Management
When managing multiple properties, creating accurate operating budgets is essential. Equally essential is the ability to convert those operating budgets into long-term forecasts. Budget Management for Colonial streamlines the budgeting process by automatically reading lease and general ledger data. This Colonial component incorporates loan amortization schedules and provides flexible, powerful assumption tools. Budgets may be calculated for 10 years, and renewal assumptions are calculated for expiring leases.
Forecasting and Budget Management helps project profitability for portfolios:
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Property Forecasting
Whether it's for the long-term or short-term, budget forecasting is simplified in Colonial. Information from current leases allows managers to make intelligent assumptions that can project the profitability of a portfolio for up to a decade.
Colonial is the Profitable Way to Create Budgets for Operations and Meaningful Forecasts.
Download the brochure for Colonial

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