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- Maximizing SAP Implementations: Utilizing Professional Resources to Support Your Journey
Implementing SAP is a transformative journey for any organization, but it can also be a complex and challenging process. The stakes are high, with the potential for significant improvements in efficiency, productivity, and profitability. To ensure a successful SAP implementation, companies can benefit immensely from leveraging professional resources. As a dedicated SAP services partner , BGSF is here to support you every step of the way, helping you maximize your SAP journey with top-tier, certified talent. Understanding SAP Implementation SAP implementations are not just about installing software; they require a strategic approach that aligns with your organization’s unique needs and goals. The implementation process typically includes: Planning and Preparation : Defining project scope, objectives, and timelines. System Configuration : Customizing the system to fit business processes. Data Migration : Transferring existing data into the new system. Testing and Validation : Ensuring everything works as intended. Training and Change Management : Preparing users for the new system. Each of these stages requires specific knowledge and skills that might not be readily available within your organization. This is where BGSF's professional resources can make a significant impact. The Value of Professional Resources Expertise and Experience : As an SAP services partner, BGSF brings a wealth of experience across various industries. Our consultants provide valuable insights and best practices to help you avoid common pitfalls and streamline processes. Customized Solutions : We understand that each business has unique requirements. BGSF's team of experts will tailor SAP solutions to meet your specific needs, ensuring that the system aligns with your organizational goals and processes. Accelerated Timelines : With our team of professionals, you can expedite the implementation process. BGSF consultants know how to navigate challenges quickly, reducing the time it takes to go live and start reaping the benefits of SAP. Risk Management : Implementing SAP comes with inherent risks. Our consultants help identify potential risks early and create mitigation strategies, safeguarding your project against costly delays or failures. Comprehensive Training : Proper training is crucial for user adoption. BGSF provides tailored training programs that equip your team with the necessary skills to use the new system effectively, enhancing overall productivity. Ongoing Support : The journey doesn't end after implementation. BGSF offers ongoing support and maintenance, ensuring that your SAP system continues to function optimally as your business evolves. How BGSF Supports Your SAP Implementation BGSF's SAP-certified consultants offer comprehensive support throughout your implementation journey: Implementation Expertise : BGSF's team utilizes best practices and proven methodologies to streamline the implementation process, ensuring a smooth transition to SAP. Tailored Training Solutions : We provide hands-on training and resources, empowering your staff with the knowledge and skills needed to navigate SAP effectively and maximize its potential. Post-Implementation Support : BGSF remains engaged after the implementation, offering ongoing support to address any issues and optimize your SAP system as your business evolves. Ensuring a Smooth Implementation Maximizing your SAP implementation is a multifaceted journey that requires careful planning, execution, and ongoing support. By utilizing BGSF's professional resources, you can enhance the effectiveness of your implementation, reduce risks, and ensure that your organization fully capitalizes on the advantages of SAP. As you embark on this transformative journey, remember that with the right support, you can navigate the complexities of SAP implementations and set your organization up for long-term success. Contact us today!
- Prepping for External Audits: A Strategic Guide for Businesses
In today's highly regulated business landscape, external audits are a critical part of maintaining compliance, ensuring transparency, and gaining stakeholder trust. However, the preparation process can be daunting, especially for companies juggling multiple responsibilities. At BGSF, we understand that a proactive, strategic approach to audit preparation can save businesses significant time, reduce stress, and ultimately result in a smoother audit process. This guide will walk you through best practices and how BGSF's staffing and consulting services can assist in preparing your organization for a successful external audit. External Audit Guide Understand the Scope of the Audit: The first step in preparing for an external audit is understanding its scope. Audits vary depending on the regulatory body, industry, and specific areas of focus, such as financial statements, operational processes, or compliance with standards like SOC, PCI, or GDPR. Knowing what will be scrutinized enables your business to gather the necessary documentation and ensure that internal processes meet the audit's requirements. At BGSF, our consultants are well-versed in various audit frameworks and can help you interpret the scope and requirements of an upcoming audit. Whether it’s assisting with documentation or preparing your team, we provide expert guidance that streamlines the process. Organize and Review Documentation: Documentation is the backbone of any audit. Ensuring that financial records, tax documents, and operational reports are accurate and up-to-date is essential for a smooth audit process. Misplaced or incomplete records can raise red flags, lead to delays, and potentially result in compliance penalties. Our accounting and finance consultants specialize in assisting businesses with organizing and reviewing documentation before audits. We ensure your records are in order and meet regulatory requirements, giving your team the confidence needed to present thorough and accurate information to auditors. Perform an Internal Audit or Pre-Audit Review: Conducting an internal audit or pre-audit review before the external audit can help you identify and address potential issues. This step allows businesses to correct discrepancies, strengthen weak controls, and ensure compliance before external auditors arrive, thereby avoiding costly last-minute fixes. BGSF provides highly skilled accounting, finance, and compliance professionals who can perform an internal audit or pre-audit review. Our experts help you identify gaps, recommend corrective actions, and ensure your company is ready for the external audit. Address Potential Audit Risks: Every audit comes with risks, particularly in areas prone to errors or non-compliance. Whether it’s revenue recognition, tax compliance, or inventory management, it’s crucial to identify these risk areas ahead of time. Proactively addressing them will prevent surprises during the audit and demonstrate that your business has effective controls in place. Our consultants are experienced in identifying and mitigating audit risks. From revenue management to inventory tracking, we provide insights that help strengthen your internal controls and minimize risk areas before they escalate into issues during the audit process. Ensure Team Preparedness: Preparing your team for the audit is as important as having your documentation in order. Employees should know what their roles are in the audit process and have access to the necessary information auditors may request. Conducting training sessions on how to respond to audit inquiries can prevent confusion and delays. BGSF offers audit training and staff augmentation services to support your internal teams. Our staffing solutions include placing temporary financial experts or consultants within your organization to handle additional audit workloads or provide training to existing staff, ensuring seamless cooperation during the audit. Leverage Technology for Efficiency: Technology plays a significant role in audit preparation. From automated financial reporting to compliance tracking software, leveraging the right tools can improve the accuracy and efficiency of your audit preparations. Cloud-based platforms, for example, allow easy access to documents and reports, ensuring quick retrieval when auditors need them. At BGSF, we help businesses integrate audit-friendly technologies into their workflows. Our consultants are skilled in utilizing enterprise resource planning (ERP) systems , cloud solutions, AI , and other advanced technologies that improve the audit readiness of your organization. Maintain Open Communication with Auditors: One of the most overlooked aspects of a successful audit is effective communication with the auditors. Keeping an open line of communication ensures that any questions or clarifications can be resolved quickly. Being transparent about any issues you’ve identified and resolved prior to the audit will also build trust and credibility with the auditors. BGSF can act as your strategic partner during the audit process, providing experienced consultants who communicate effectively with auditors on your behalf. This partnership ensures that any technical or financial clarifications are handled professionally, allowing you to focus on your core business operations. Plan for Post-Audit Follow-Up: Once the external audit is complete, it’s crucial to review the auditor’s findings and address any recommendations. Post-audit follow-ups can improve future audit outcomes and demonstrate your company’s commitment to continuous improvement and compliance. Our team assists with post-audit reviews and the implementation of any corrective actions or process improvements. We provide ongoing support, ensuring that your business remains audit-ready for future assessments. How BGSF Can Help BGSF is committed to helping businesses navigate the complexities of external audits with confidence. Our tailored staffing and consulting solutions provide the expertise, technology, and support needed to streamline the audit preparation process. Whether you need assistance with documentation, risk mitigation, or team augmentation, BGSF’s professionals are here to help your business succeed. Contact us to learn how our experts can help your business prepare for its next external audit and ensure a smooth, stress-free process.
- Workday Rising 2024 Recap: Key Lessons from the BGSF Team
Workday Rising 2024 brought together 18,000 professionals across the Workday ecosystem, offering a unique space for collaboration, learning, and sharing success stories. The BGSF team, including Garrett Brzozowiec - Senior Client Services Manager, Anne-Marie Geisser - Senior Managing Director, David Zocco - Senior Client Services Manager, and Zachary Ordoyne - Client Services Manager, gathered valuable insights on trending topics such as post-go-live support, Workday Extend, AI-driven tools, and customer success stories. Here’s a closer look at their key takeaways. Post-Go-Live Enhancements: Maximizing Workday Investments Garrett Brzozowiec highlighted a common theme in his conversations with clients who recently went live: "What’s next?" While going live with Workday is a significant milestone, many organizations are left wondering how to enhance and optimize the platform to meet evolving business needs. This is where BGSF’s post-production support plays a vital role. "System Integrator (SI) partners may only stay for a limited time post-go-live, but businesses often require additional enhancements to improve efficiency," says Brzozowiec. BGSF brings in subject matter experts (SMEs) with deep experience across industries, helping clients navigate the next steps and maximize the return on their Workday investments. Customer Feedback is Driving Change For Anne-Marie Geisser, one of the highlights was witnessing customer feedback in action. Attending a session on Workday Grants and Payroll, she saw firsthand how Workday listens to its customers and makes necessary improvements. "The audience applauded changes Workday made to the Grants and Payroll connection, showing how customer feedback leads to tangible improvements," she shared. One major challenge customers face is balancing daily operations with large-scale implementations. Anne-Marie noted that BGSF can support in backfilling daily tasks, which can help smooth the transition, as demonstrated by our success with St. Jude Children's Research Hospital. By temporarily backfilling key roles, employees can focus on learning and adapting to Workday without disrupting day-to-day operations. The Rise of AI: Workday Illuminate David Zocco pointed out that the most exciting development during Workday Rising was the unveiling of Workday Illuminate, an AI-driven feature poised to transform business operations. Utilizing data from 800 billion annual transactions, Workday Illuminate automates routine tasks, anticipates next steps, and assists with complex challenges. "This aligns perfectly with global trends where AI is becoming a game-changer for competitive advantage," Zocco explained. However, many attendees were left wondering how to fully harness the power of new SKUs like Illuminate. This is where BGSF’s deep expertise comes into play, as their certified consultants help customers maximize functionality, optimize data management, and ensure that these tools are fully aligned with their business objectives. Extend and Growing Pains for New Customers For Zachary Ordoyne, the discussions around Workday Extend—a feature designed to build custom applications on Workday’s platform—were particularly notable. "Though it’s an expensive SKU, customers who have adopted it are looking to expand their use," Ordoyne noted. Workday has made a strong push to develop new apps via Extend, showcasing its long-term potential for clients. With many new customers in attendance, there was also a noticeable variety of growing pains as organizations adjust to the complexities of Workday implementations. In addition, Ordoyne observed the popularity of Brain Dates—informal, small-group discussions that foster peer-to-peer learning. "This year, Brain Dates were extremely popular as attendees sought to discuss Workday SKUs with peers or meet with Workday SMEs for Q&A sessions," he shared. In-Person Connections: Building Relationships That Matter Across all conversations, the importance of in-person interactions was emphasized. Brzozowiec remarked, "Any chance we get to meet consultants, clients, and prospective clients in person is a success. You never know who you’re going to meet and connect with." Geisser echoed this sentiment, noting that introducing managers to each other helped clients exchange ideas and insights, further enhancing the value of the event. Enhancing Business Value with Workday Workday Rising 2024 showcased the rapid evolution of the Workday platform, driven by customer feedback, AI innovation, and tools like Extend. For many organizations, the question now is how to best leverage these features to drive operational efficiency and business success. BGSF remains well-positioned to provide the expertise needed for post-production support, business transformations, and ongoing enhancements, ensuring that clients extract maximum value from their Workday investments. As the Workday ecosystem continues to grow, the BGSF team looks forward to supporting its clients with innovative solutions and expert guidance to navigate the challenges and opportunities ahead. Contact us to learn more!
- From Surveys to Solutions: Using Resident Feedback to Drive Multifamily Property Management Improvements
Ensuring resident satisfaction is key to maintaining occupancy rates, driving renewals, and enhancing a property's overall reputation. While day-to-day operations may seem like the main priority, one powerful tool often goes underutilized: resident feedback. From surveys to online reviews, feedback provides valuable insights into resident satisfaction and uncovers areas for improvement. But it’s not just about collecting feedback; the real value lies in using that information to drive actionable solutions. The Importance of Resident Feedback Resident feedback is crucial because it offers an inside look into the experiences of the people who live in your community. Whether they are thrilled with the amenities or frustrated by maintenance delays, their opinions can provide invaluable data that influences property decisions. Without this feedback, Property Managers risk losing touch with the very people who determine the success of their properties. Not only does listening to residents show them you value their opinions, but it can also help retain them by addressing issues before they escalate into non-renewals. In today’s competitive market, proactive communication and improvements can be the difference between a stable, satisfied resident base and high turnover rates. The Power of Well-Designed Surveys Surveys are one of the most efficient ways to gather structured feedback. They can be distributed online, integrated into property apps, or even conducted in person during community events. However the design of the survey matters. Poorly crafted questions or overly lengthy surveys can lead to inaccurate data or low participation rates. Key elements to consider when designing a resident survey include: Brevity : Stick to the most important topics. Ten to fifteen questions are usually enough to get a sense of resident satisfaction without overwhelming the participant. Clarity : Use simple, clear language. Avoid property management jargon that may confuse residents. Diversity of Questions : Include a mix of quantitative (e.g., satisfaction ratings) and qualitative (e.g., open-ended responses) questions to gain a more holistic understanding. Frequency : Consider running surveys periodically, such as after a maintenance request, following community events, or as part of annual reviews. Turning Feedback into Action Once the data is in, it’s time to sift through and identify trends. Are multiple residents complaining about the same issues? Are there patterns in which areas receive high praise? Here’s where feedback becomes invaluable: by identifying recurring themes, Property Managers can create targeted action plans. For example: Maintenance Delays : If several residents express frustration about slow maintenance responses , Property Managers can evaluate staffing or procedural changes to improve service. Amenities Requests : Perhaps many residents express interest in new amenities like a dog park or upgraded gym equipment. These are signals that investments in such amenities could boost tenant satisfaction and attract new residents. Noise Complaints : If noise becomes a recurring issue, management may need to reevaluate quiet hours or invest in soundproofing common areas or specific units. Transparency is crucial in this process. After collecting feedback, Property Managers should communicate their action plan to residents. For example, a quarterly newsletter or email update can show residents that their input is being taken seriously and lead to real changes, fostering trust and satisfaction. Technology and Real-Time Feedback In addition to traditional surveys, modern property management technology offers real-time solutions to collect and act on feedback. Resident portals, mobile apps, and online maintenance request forms allow residents to submit concerns directly, often including photos or videos for clarification. These platforms not only streamline communication but also provide real-time data that can help Property Managers respond to issues faster. Leveraging tools like AI and data analytics can help automate the feedback analysis process, making it easier to detect patterns or trends in the data. These tech-based solutions offer opportunities to address issues before they escalate and create a more responsive and resident-focused environment. Continuous Improvement and Resident Retention The key to making resident feedback an effective tool lies in the cycle of continuous improvement. Gathering data, analyzing it, implementing solutions, and communicating progress form the foundation of a feedback loop that drives both immediate and long-term property improvements. Resident retention is, after all, about more than just maintaining a good property—it’s about cultivating a community that residents feel invested in and listened to. Through regular engagement, transparency, and a commitment to improvements, Property Managers can turn resident feedback into a powerful tool for growth. BGSF's multifamily property management staffing solutions are designed to enhance resident satisfaction by ensuring that properties are managed and staffed by skilled and responsive professionals. Our team is adept at fostering a welcoming community atmosphere, addressing resident concerns promptly, and maintaining high standards of property upkeep. Contact us today!
- Investing in AI: How Upfront Expenses Lead to Future Gains
As artificial intelligence (AI) continues to revolutionize business operations, leaders across industries face a key question: Is the upfront cost of AI worth the investment? According to Workday CEO Carl Eschenbach , the answer is a resounding yes, though businesses must recognize and embrace these initial expenditures to reap long-term benefits. Investing in AI: The Immediate Financial Burden Implementing AI requires significant upfront investments in technology, infrastructure, and training. From acquiring hardware and cloud services to integrating advanced AI models, companies must be ready to allocate substantial capital. For instance, Oracle has noted that organizations are making "massive investments" to integrate generative AI solutions into their existing systems. These costs range from upgrading legacy platforms to recruiting AI talent , both of which are essential to unlocking the full potential of AI technology. However, despite these significant expenditures, the long-term benefits often outweigh the initial costs. Long-Term Productivity and Efficiency Gains Once in place, AI can automate routine tasks, streamline decision-making, and enhance productivity, allowing organizations to operate more efficiently. AI platforms like Workday's Illuminate are prime examples. Illuminate integrates the power of HR and finance data, using AI to accelerate processes such as content creation, anomaly detection, and workflow automation. These efficiencies result in major cost savings over time, as businesses can reduce manual effort and improve accuracy in routine tasks, all while empowering employees to focus on more strategic work. Oracle echoes this sentiment, emphasizing how AI adoption enhances productivity, especially in sectors where automation can reduce human error and speed up complex decision-making processes. AI solutions can transform not only how companies operate internally but also how they interact with clients and partners, creating a ripple effect that amplifies overall business performance. Staying Competitive Companies that hesitate to invest in AI risk falling behind in an increasingly AI-driven landscape. As Oracle and Workday illustrate, businesses are ramping up their AI efforts to stay competitive. By leveraging AI for predictive analytics, decision support, and process optimization, these organizations are positioning themselves at the forefront of innovation. The upfront costs, then, are not merely an expense but a necessary step toward future-proofing the business. The ROI of AI While AI adoption comes with significant upfront costs, the return on investment is undeniable. Whether through streamlined operations, enhanced productivity, or the ability to maintain a competitive edge, AI is a game-changer for companies willing to embrace its potential. As both Workday and Oracle highlight, the organizations that invest in AI today will be the ones leading the industries of tomorrow. Investing in AI is about more than just technology—it's about transforming your business to thrive in the future. Recruiting AI Talent BGSF is your trusted partner in navigating the complexities of AI . Whether you're looking to integrate cutting-edge AI technologies or optimize existing systems, our expert consultants provide tailored solutions that align with your business objectives. From assessing the best AI tools to streamlining processes with automation, BGSF helps you maximize the return on your AI investments. With our deep industry knowledge and a focus on long-term value, we ensure that your AI initiatives not only enhance efficiency and decision-making but also position your business for future growth and innovation.
- Oracle CloudWorld 2024: Key Takeaways from the BGSF Team
Oracle CloudWorld 2024 was a landmark event, buzzing with innovations and insights. Among the attendees were BGSF’s very own Nick Clement, Managing Director of Client Services, and Kenneth Frank, Managing Director of IT Sales. They returned with critical takeaways, particularly around AI, Oracle Cloud Infrastructure (OCI), and the ever-expanding role of BGSF in these spaces. AI Dominates the Conversation Nick Clement encapsulated the overwhelming focus of this year's event with one word: AI. In his words, “AI, AI, AI… I can’t explain how many sessions were focused around AI and its integration with Oracle.” Whether it was in keynote speeches or breakout sessions, AI was the primary topic of interest. From enhancing business operations to customer service automation, AI has permeated every aspect of Oracle’s ecosystem. The Role of AI with Oracle Oracle’s push toward AI-driven solutions has created excitement and complexity for companies navigating large-scale implementations. This is where BGSF comes in. As Nick noted, “The need for BGSF in this space is stronger than ever. There are so many large implementations where there are gaps alongside integrators in which we can assist. Our experience is a large differentiator.” Clients attending CloudWorld expressed their struggles with bumpy project implementations, and BGSF’s unique expertise provides a crucial safety net for companies looking to fill those gaps. Oracle Cloud Infrastructure (OCI) – The Future of Data Centers Kenneth Frank highlighted OCI as one of the standout offerings for companies seeking to eliminate their traditional data centers. "OCI provides agility, scalability, and automatic backups," Kenneth shared, emphasizing how OCI is reshaping how organizations handle their infrastructure needs. The move toward cloud-based solutions is not just a trend but a necessity, driven by OCI’s performance, elasticity, and security advantages. Why Companies are Choosing OCI Kenneth outlined several key reasons organizations are adopting OCI: Security and Reliability : OCI offers a secure infrastructure that ensures mission-critical data is protected. Elasticity for Workloads : OCI adapts to the ever-changing needs of businesses, providing seamless scalability. Multi-Cloud Integration : With 50% of customers now operating in a multi-cloud environment, OCI’s integration capabilities make it the preferred choice for companies. Performance and Innovation : OCI consistently delivers superior performance and innovative solutions priced competitively for maximum value. Oracle’s Strategic Partnerships In a significant move, Oracle announced its partnership with Amazon Web Services ( AWS), strengthening its multi-cloud capabilities and providing customers with even greater flexibility. This partnership signals Oracle’s commitment to staying at the forefront of cloud innovation, ensuring that its customers can leverage the best solutions from various providers. The Road Ahead for BGSF The excitement and innovation of Oracle CloudWorld reinforced the value BGSF can bring to companies navigating complex Oracle environments. As Nick noted, “There were many clients expressing the bumpy roads in their projects. This is where we can help.” At BGSF, our differentiator lies in our hands-on experience and ability to step in where others struggle. With AI and OCI leading the charge, the future is filled with opportunities for our clients—and BGSF is ready to help them navigate it all. Whether you're looking to integrate AI into your business or transition to OCI, BGSF consultants are here and available to guide you through the process. Let’s start a conversation today on how we can help your organization thrive in this rapidly evolving tech landscape. Final Thoughts The key takeaways from Oracle CloudWorld are clear: AI and OCI are at the forefront of the next wave of technological transformation, and security remains a top concern for companies making this transition. As these technologies continue to evolve, BGSF is uniquely positioned to help businesses navigate the challenges and seize the opportunities that come with integrating AI and OCI into their operations. At BGSF, we’re excited to be part of this journey, offering our clients the expertise they need to succeed in this dynamic environment. Whether it’s AI, cloud infrastructure, or security, we are here to help your business thrive in the age of digital transformation.
- Celebrating National Working Parents' Day: Insights from our own Working Parents
In honor of National Working Parents' Day, observed annually on September 16th, we're thrilled to spotlight some of our incredible working parents who generously shared their wisdom and experiences. Their advice offers a blend of practical tips and heartfelt insights for juggling the demands of work and home life. Connect Working Parents & Allies Our Connect Working Parents & Allies Employee Resource Group (ERG), established in 2022, focuses on driving diversity strategies for working parents, creating a sense of belonging, and providing a space for sharing and building connections. Recently, the group leaders surveyed our parents to delve into how being a working parent influences both professional and personal goals. Below, we present key insights and advice from our working parents. Dive in to explore their tried-and-true strategies for achieving a healthy work-life balance! ( kid-tested, parent-approved! ). Survey Questions and Responses 1. What's one piece of advice you'd give to new working parents? Expect to be overwhelmed at times. Lucy Lehner - VP of Sales - Strategic Accounts, Professional Remember to give yourself grace. As new parents, we often worry about how others will react to our kids' meltdowns or the need to go home to rest. However, other working parents understand and have been in the same situation too! Maren Chan - Internal Recruiter, Home Office Be careful of pushing things off with the kids. Time is a thief, and childhood is over in the blink of an eye. John Wayert - Delivery Specialist, Professional Prioritize your family. That being said, work and family are both important. Therefore, make sure that you show up to both at 1000%. Juliana Calero - Regional Operations Manager, Property Management 2. How do you prioritize self-care while juggling work and parenting responsibilities? Prioritizing self-care while juggling work and parenting responsibilities often means leaning on your village—those friends, family members, or trusted caregivers who can step in and support you. Don’t hesitate to ask for help, whether it’s someone watching the kids for an hour so you can have a moment to recharge, or simply sharing your challenges with a friend who understands. Kelsey Bodkins - Delivery Specialist, Professional 3. What’s a small daily ritual or routine that helps you stay connected with your family? Dinner time = no screen time! We connect as a family and talk about our days; the good and the bad. We love family time, and recently started working out together! Vanessa Moore - Talent Coordinator, Property Management I have teen girls, and I saw a video about how time in the car is great for difficult conversations, or any conversations with teenagers as there's no pressure, and no eye contact, which tends to make them feel more comfortable. Maren Chan - Internal Recruiter, Home Office We eat dinner together every night and say our "rose" (the best thing that happened) and "thorn" (the worst thing that happened) for the day. Katie Yeager - Senior Council – Employment Law & Compliance, Home Office 4. How do you involve your kids in understanding and appreciating your work? If I'm not on a call, I let them come in my office and ask me questions about what I'm doing. Louie (4) has gotten very interested in the colors and shapes I'm using when I design graphics, and I ask him his opinion sometimes. Matilda (2) just likes to sit with me at my desk and play around. Brittany Berrodin - Marketing Specialist, Home Office 5. What workplace benefits or policies have made the most positive impact on your experience as a working parent? Paternal Leave and flexible scheduling have been game-changers for managing work and family needs. Shakti Rajwani - VP of Operations, Professional Flexibility in my schedule. I love working for a company that allows me to adjust as needed. What has been AMAZING lately is adjusting my start time. My oldest son is now a car rider, and I now have the flexibility to drop him off at school and come to the office afterward. Vanessa Moore - Talent Coordinator, Property Management The BGSF family and culture have been my biggest support and resource as a working parent. Having a culture of leaders and co-workers who truly believe that family is important has been refreshing. Having co-workers around me who genuinely show they care and are interested in my life outside the “work” walls helps me get through life just that much easier. Kim Coleman – Director of Payroll/Billing Services, Home Office EAP (Employee Assistance Program) Juliana Calero - Regional Operations Manager, Property Management Having a flexible schedule and an understanding manager has made my life so much more manageable. When something unexpected happens, like a child's illness or school closing, I am not as stressed knowing that my manager will understand and that I can make up the work time by putting in hours outside the normal workday. Katie Yeager - Senior Council – Employment Law & Compliance, Home Office 6. How do you handle the unexpected—like a child’s illness or a work deadline—without feeling overwhelmed? Focus on top priorities and simplify where possible to manage energy and resources effectively. Lucy Lehner - VP of Sales - Strategic Accounts, Professional 7. Can you share a funny or heartwarming story that captures the essence of being a working parent? While setting up my new office, my son helped me with the standing desk and cheered me on. It was adorable! Brittany Berrodin - Marketing Specialist, Home Office We're proud to have earned The Best Place for Working Parents® designation for the past four years. This recognition reflects the supportive and caring nature of our team and the impactful resources provided by our Working Parents & Allies ERG. Thank you to all our working parents for their dedication and the valuable contributions they make to our workplace and families every day. Here's to celebrating your remarkable achievements and the balance you strive for! Supporting our working parents and their families is just one of the ways we demonstrate our commitment to "your future, our purpose." Learn more at BGSF.com .
- Strategic Market Research for Multifamily Property Management: Essential Planning Tips for 2025
Believe it or not, 2025 is just around the corner! In an industry marked by constant change—whether due to economic shifts, evolving resident expectations, or technological advancements—market research plays an essential role in crafting a strategic plan that ensures continued success. Now is the perfect time to dive deep into market trends and data to build a robust plan for the coming year. Understanding the Current Market Landscape Before property management teams can plan for the future, it's essential to understand the present market conditions. This includes analyzing trends in rental rates, vacancy rates, resident demographics, and local economic conditions. Market research provides insights into these critical factors, helping Property Managers make informed decisions about pricing strategies, marketing efforts, property upgrades, and staffing. Why Now? The end of the year offers a unique vantage point to evaluate how market conditions have evolved over the past 12 months. This period is ideal for identifying emerging trends that may impact your properties in 2025. By acting on this data now, Property Managers can make adjustments and set a proactive course for the year ahead. Best Practices for Conducting Market Research Leverage Data Analytics Tools: Modern property management is increasingly data-driven. Utilize analytics platforms that aggregate data from various sources, including market reports, competitor analysis, and resident feedback. These tools provide a comprehensive view of the market, allowing for more accurate forecasting and strategic planning. Engage with Local Real Estate Networks: Networking with other professionals in the local real estate market can offer valuable insights that may not be readily available through data alone. Attend industry events, join local property management associations, and engage in discussions with peers to gain a deeper understanding of local market dynamics. Monitor Economic Indicators: Keep an eye on economic indicators such as employment rates , inflation, and consumer confidence. These factors can significantly influence rental demand and resident behavior. Understanding how the broader economy may impact your market will allow you to anticipate changes and adjust your strategies accordingly. Survey Your Residents: Your current residents are a valuable source of information about market conditions. Conducting surveys can provide insights into resident satisfaction, preferences, and future needs. This feedback can guide decisions on property improvements, amenities , and services that will attract and retain residents in 2025. Benchmark Against Competitors: Understanding how your properties compare to the competition is crucial. Analyze competitors’ pricing strategies, occupancy rates, and amenities. Benchmarking your performance against industry standards will help identify areas for improvement and opportunities to differentiate your properties in the market. Planning for 2025: Strategic Considerations Set Realistic Financial Goals: Based on the market research, set financial goals for 2025 that are ambitious yet attainable. Consider factors such as anticipated rental income, operating expenses, and capital improvements. Ensure your budgeting process is informed by the latest data and trends. Prioritize Technology Investments: As property technology (PropTech) continues to reshape the property management industry, consider how new tools can improve efficiency and resident satisfaction. Whether it’s upgrading property management software , implementing smart home technologies, or enhancing digital marketing efforts, PropTech investments should be a key part of your 2025 plan. Focus on Sustainability: Consider how sustainable practices can be integrated into your properties, from energy-efficient upgrades to waste reduction initiatives. These efforts can not only reduce operating costs but also appeal to environmentally conscious residents. Prepare for Regulatory Changes: Stay informed about potential regulatory changes that could impact your properties in 2025. Whether it’s new building codes, resident protection laws, or tax regulations, understanding the regulatory landscape will help you avoid compliance issues and plan for any necessary adjustments. Develop a Flexible Marketing Strategy: The market can change quickly, so it’s essential to have a marketing strategy that can adapt to new conditions. Consider how you will reach potential residents through digital channels, community engagement, and targeted advertising. Flexibility in your marketing approach will allow you to respond to shifts in resident demand and market conditions effectively. Setting Your Property Up for Success in 2025 The final months of the year offer a valuable opportunity for Property Managers to assess the current market landscape and make strategic plans for 2025. By conducting thorough market research and following best practices, you can set your properties up for success in the coming year. Remember, the insights you gain now will be the foundation for making informed decisions, ensuring that your properties remain competitive and profitable in 2025 and beyond. With our staffing support, Property Managers can navigate the end of the year with confidence. Contact us to learn more!
- The Importance of Collections: Ensuring Cash Flow as Year-End Approaches
As the year comes to a close, businesses face a critical task—ensuring their cash flow is in order. Collections, the process of securing payments for services rendered, becomes even more essential during this period. With financial reviews, budgeting for the upcoming year, and tax preparations in full swing, uncollected payments can pose significant challenges. Having the cash in hand can make the difference between smoothly closing the books or struggling with financial uncertainties. The Importance of Collections Why Are Collections Crucial This Time of Year? Year-End Financial Clarity: Closing out the year involves reviewing financial results, reconciling accounts, and preparing tax documentation. Outstanding payments can skew these numbers, making it harder for businesses to understand their true financial position and properly forecast for the year ahead. Maintaining Healthy Cash Flow: Cash flow is vital for covering business expenses—everything from employee salaries to vendor payments to year-end bonuses. Uncollected payments can strain financial resources, jeopardizing a company’s ability to meet its obligations as they approach year-end. Preparing for Future Growth: Businesses often use the final months to plan for growth, setting the stage for future investments. Whether it’s launching a new product or expanding operations, having adequate cash reserves on hand ensures the flexibility to move forward confidently. Year-End Collection Challenges Despite the urgency, securing payments at this time of year can be difficult. Clients may delay payments due to their own budgeting or financial issues. Some businesses may also lack a solid collections strategy, making it harder to address late payments effectively. If not handled properly, these delays can lead to unpaid invoices being written off, directly impacting profitability. How External Accounting and Finance Professionals Can Help Effective staffing for Finance and Accounting professionals can significantly enhance a business's collections process, ensuring timely and accurate revenue recovery. By bringing in skilled experts, companies can implement rigorous credit control procedures, streamline invoicing processes, and maintain clear communication with clients. These professionals can analyze accounts receivable data to identify potential issues and develop strategies to address delinquent accounts. Their expertise also enables better cash flow management and forecasting, which is crucial for maintaining financial stability. With dedicated staff focusing on collections, businesses can reduce overdue payments, minimize bad debt, and ultimately improve their overall financial performance. At BGSF, our accounting and finance consultants are uniquely positioned to help businesses tackle the complexities of collections. Some of the roles we staff for include, but are not limited to: Collections Specialist Collections Manager Credit Analyst Accounts Receivable Clerk Collections Director Credit and Collections Coordinator Contact us today to add top-tier talent to your team and enhance your collections process! Ensuring Cash Flow as We Closeout the Year As the end of the year draws near, having a strong collections process is essential to maintaining a healthy cash flow. Ensuring that outstanding invoices are paid on time will not only help close the year financially strong but also position your business for growth in the coming year. With BGSF’s expert accounting and finance consultants, you can optimize your collections strategy, improve cash flow, and ensure you’re ready for what comes next. Let BGSF help you navigate the challenges of year-end collections and financial management. Connect with our team today to learn how we can support your business.
- Closing Out the Year Strong: Why Sufficient Staffing Matters in Commercial Real Estate Property Management
As the end of the calendar year is within our sights, the commercial real estate (CRE) industry faces a crucial period of reflection, preparation, and strategic planning. For Property Managers, ensuring that you have adequate staffing during this time is not just a matter of convenience—it's essential for a successful year-end and a strong start to the new year. Here’s why closing out the year with a well-staffed team is so important in commercial real estate. Sufficient Staffing for Year-End Initiatives Efficient Year-End Financial Reconciliation The end of the year is a critical time for financial reconciliation and reporting . Accurate and timely financial records are essential for assessing the year’s performance and planning for future budgets. With a full team in place, you can ensure that all financial statements are reviewed, discrepancies are resolved, and year-end reports are prepared with precision. Adequate staffing helps avoid bottlenecks and ensures that your financial closing activities are executed smoothly. Thorough Property Inspections and Maintenance Year-end property inspections and maintenance are vital for identifying and addressing any issues before they escalate. A well-staffed team allows for comprehensive inspections of all properties, ensuring that any necessary repairs or upgrades are completed before the start of the new year. This proactive approach not only maintains property value but also enhances tenant satisfaction and reduces the risk of unexpected issues in the future. Strategic Planning and Budget Preparation As the year ends, Property Managers need to develop strategic plans and budgets for the upcoming year. This process involves analyzing current performance, setting new goals, and allocating resources effectively. Having a full team ensures that these tasks are handled efficiently, allowing for a thorough analysis and a well-thought-out plan that aligns with your property management objectives. Tenant Relations and Renewals The end of the year is an opportune time to engage with tenants regarding lease renewals, updates, and feedback. Adequate staffing enables you to manage these interactions effectively, address any tenant concerns, and secure lease renewals before the new year begins. Maintaining strong tenant relationships is crucial for tenant retention and overall property success. Preparing for Seasonal Demands In commercial real estate, the winter season often brings unique challenges, including weather-related maintenance, package processing, and increased energy demands. By having a fully staffed team, you can ensure that your properties are prepared for these seasonal demands, minimizing disruptions and maintaining a high level of service throughout the winter months. Leveraging External Staffing Support Sometimes, the end-of-year demands exceed the capacity of your in-house team, whether in accounting, finance, or property maintenance. In such cases, leveraging external staffing support like that provided by BGSF , can be a valuable solution to bridge the gap. For accounting and finance teams , year-end often means managing reconciliations, closing books, preparing for audits, and generating comprehensive financial reports—all of which require a high level of expertise and attention to detail. External financial professionals can bring specialized knowledge, allowing your team to stay focused on strategic initiatives while ensuring compliance, accuracy, and timeliness. On the property maintenance side , year-end demands often involve catching up on deferred maintenance, preparing buildings for severe weather, or executing planned upgrades. External maintenance staff can provide the additional hands and technical skills needed to address these tasks promptly, ensuring that properties remain in excellent condition and that tenant satisfaction is maintained. Whether it’s handling preventive maintenance, conducting inspections, or managing urgent repairs, external staffing support offers Property Managers the flexibility to meet these demands without overwhelming their internal teams. This ensures both financial stability and operational efficiency during a critical time of the year. Setting the Stage for a Successful New Year By ensuring that your team is adequately staffed during this crucial period, you can navigate year-end tasks with confidence, address seasonal challenges, and set the foundation for a successful new year. External staffing support offers a range of benefits, especially when internal resources are stretched thin due to heightened year-end workloads. Bringing in additional staff allows your core team to focus on their strategic priorities without being overwhelmed by the mounting tasks associated with year-end financial close, tax reporting, or property maintenance demands. Embrace the opportunity to end the year strong and prepare for a prosperous new year in commercial real estate! With our staffing support, Property Managers can navigate this last push to the end of the year with confidence. Contact us to learn more!
- BGSF August 2024 Jobs Report: Steady Growth Amid Continued Cooling
The August 2024 jobs report reveals a labor market that, while still growing, is showing signs of moderation. The U.S. economy added 142,000 jobs in August, a notable increase from July's revised 89,000 figure, but below the forecasted 161,000. While this marks an improvement over the previous month, it also reinforces the narrative of a cooling job market as we move into the final months of the year. Key Highlights of the August Jobs Report: Nonfarm Payrolls: 142,000 new jobs, compared to 89,000 in July, but below expectations of 161,000. Unemployment Rate: Decreased slightly to 4.2%, down from 4.3% in July, reflecting steady labor force participation. Real Unemployment Rate: Increased to 7.9%, its highest level since October 2021, indicating more discouraged workers and part-time job seekers. Wage Growth: Average hourly earnings rose by 0.4% for the month and 3.8% year-over-year, both exceeding forecasts. Sector Performance: Strong job growth in construction (+34,000), health care (+31,000), and social assistance (+13,000), while manufacturing lost 24,000 positions. What Does This Mean for Employers? For employers, the August report signals a labor market that continues to cool, albeit with some bright spots. While the job gains were modest and missed expectations, specific industries like construction and health care are still experiencing robust demand. The continued wage growth, especially with average hourly earnings rising 3.8% over the past year, suggests that employers must stay competitive in their compensation packages to attract and retain top talent. "The steady growth we’re seeing in sectors like construction and health care indicates that businesses are still hiring for critical roles, even as the labor market cools," said Beth Garvey, Chair, President, and CEO of BGSF. "This is a prime time for employers to assess their hiring strategies and ensure they remain agile in a tightening talent pool." Insights for Job Seekers For job seekers, the August jobs report offers a mixed bag. On the one hand, the unemployment rate ticked down to 4.2%, and wages continue to rise—good news for those seeking employment or negotiating pay. However, the increase in the real unemployment rate to 7.9%, coupled with rising part-time employment at the expense of full-time positions, suggests that finding the right opportunity may take longer for some. "As the labor market cools, job seekers should remain proactive in their search, but also flexible in exploring part-time or contract roles that could lead to full-time employment," advises Garvey. "Given the ongoing wage increases, it’s also crucial to negotiate thoughtfully to secure compensation that aligns with the market." Looking Ahead: Economic Outlook and Fed Policy While job creation continues, the slower-than-expected growth and downward revisions to previous months indicate that the labor market is adjusting to a post-pandemic norm. The Federal Reserve will likely consider this cooling when deciding whether to lower interest rates at their upcoming meeting. With the labor force participation rate holding steady at 62.7%, the economic narrative remains one of moderation rather than outright decline. However, the upward trend in the real unemployment rate and the softness in full-time employment signal caution. As businesses begin to slow their hiring, the pressure to make strategic, data-driven decisions becomes even more critical. A Balanced Approach for Employers and Job Seekers The August 2024 jobs report underscores the need for both employers and job seekers to adapt to an evolving labor market. With job creation slowing but wages still rising, this is a time to fine-tune hiring practices and remain vigilant for shifts in economic policy that could impact the workforce. Stay connected with BGSF for the latest insights and strategies as we continue to navigate a changing employment landscape. Contact BGSF BGSF is a top provider of staffing and workforce solutions for professional and property management, dedicated to delivering quality, innovation, and customer satisfaction. Our services cater to a variety of client needs, supported by a team of skilled and committed professionals who are enthusiastic about assisting clients in achieving success. If you are seeking a partner for professional or managed services to help you reach your business objectives, please reach out to BGSF today .
- Harnessing the Power of Managed Services for PropTech Innovation
The PropTech (Property Technology) industry is evolving at a breakneck pace, with new technologies transforming the way property management companies operate. As innovations in IoT, AI, big data, and smart building solutions become more widespread, the demand for specialized expertise to implement, manage, and optimize these technologies is growing. However, many property management companies may find themselves stretched thin when tasked with adopting and maintaining these advanced systems. This is where managed services, such as those provided by BGSF, come into play. The Role of Managed Services in PropTech Managed services provide property management companies with the expertise and resources necessary to navigate the complexities of modern PropTech. By outsourcing specific technology functions to a managed service provider (MSP) like BGSF, companies can ensure they are leveraging the latest advancements without the burden of managing the technology in-house. Scalability and Flexibility Managed services offer scalability that aligns with the needs of property management firms. Whether you're managing a small portfolio or a large real estate empire, BGSF can tailor its services to fit your specific requirements. As your portfolio grows, so too can the level of support provided by BGSF, ensuring that your technology infrastructure keeps pace with your business expansion. Access to Specialized Expertise PropTech encompasses a wide range of technologies , from smart building systems to resident management platforms. BGSF brings specialized knowledge and experience that may not be readily available within your organization. This expertise is critical in ensuring that your technology investments deliver the desired outcomes—whether it's improving operational efficiency, enhancing tenant experiences, or optimizing energy usage. Cost Management Implementing and maintaining advanced PropTech solutions can be costly, particularly if it requires hiring additional staff with niche skills. BGSF helps control costs by providing access to high-level expertise on an as-needed basis, without the overhead associated with full-time employees. This model allows for better budget predictability and the ability to allocate resources more strategically. Enhanced Security and Compliance With the rise of IoT and smart technologies in property management, security risks have also grown. BGSF ensures that your systems are secure and comply with industry regulations, minimizing the risk of penalties or breaches. Our team is well-versed in the latest cybersecurity protocols to protect your property assets and tenant data. Focus on Core Business Functions By entrusting your PropTech needs to BGSF, your internal teams can focus on core business functions, such as resident relations, leasing, and property maintenance. We ensure your technology serves as a powerful enabler, not a distraction. How BGSF Can Support Your PropTech with Managed Services BGSF specializes in delivering managed services for leading property management software platforms, such as Yardi, Entrata, MRI, and RealPage. Our comprehensive services are designed to optimize your operations, enhance productivity, and maximize your investment in PropTech solutions. Here's how our process works: Needs Assessment & Planning: We begin by thoroughly understanding your business needs, allowing us to design a PropTech solution that aligns with your specific objectives. Configuration, Customization & Testing: Our experts configure and customize your PropTech software to meet your unique operational requirements. Rigorous testing ensures a seamless rollout, minimizing any disruptions to your business. Seamless Integration: We ensure smooth integration of your PropTech software with your existing IT systems, enhancing overall functionality without complications. Our team also offers custom API development to facilitate efficient data exchange between platforms. Data Migration & Security: When transitioning from legacy systems, we conduct thorough data analysis and mapping to guarantee accurate migration. We prioritize the secure transfer of your data, ensuring its integrity throughout the process. Training & Ongoing Support: Our comprehensive training programs empower your team to effectively use the new software. Post-launch, we provide continuous support, addressing any questions or issues to ensure you get the most out of your investment. Optimization & Process Improvement: We continuously monitor and fine-tune your PropTech system for peak performance, identifying opportunities for process improvements to enhance efficiency. Reporting & Business Intelligence: Our team delivers standard and custom reports tailored to your specific needs. We also leverage business intelligence tools to help you make data-driven decisions that drive growth and optimize property management. With BGSF’s end-to-end approach, we ensure that your PropTech investments deliver lasting value and transform the way you manage properties. BGSF Managed Services: Your Strategic Partner in PropTech Innovation As the PropTech landscape continues to evolve, managed services are becoming critical in driving innovation and efficiency within property management. BGSF offers the expertise and resources needed to stay ahead of the curve, delivering enhanced value to residents, investors, and property management teams alike. Whether you're just beginning your PropTech journey or looking to optimize existing systems, BGSF’s managed services provide a strategic pathway to success. Let BGSF help you unlock the full potential of your PropTech investments and transform the way you manage properties. Contact us today!











