CondoBusiness - Financial Management
REMI

Financial Management

REMI

Employers enlisted to prompt workers’ savings

Quebec’s voluntary retirement savings plans (VRSPs) to capture workers not formally enrolled in company pension or group retirement savings plans.
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Computerized maintenance management systems

A computerized maintenance management system (CMMS) assists property managers in the daily coordination of repair efforts. With the emergence of cloud-based “software as a service,” an online CMMS has emerged, allowing residents ...
REMI

Annual funded ratio

A good way to assess the health of a reserve fund is to use an annual funded ratio (AFR) – the three-year moving average from the reserve fund starting ...