To effectively estimate maintenance costs for commercial buildings, start by categorizing maintenance expenses into routine and long-term needs. Elevate’s financial management tools make it easy to track and categorize these costs accurately, giving you a clearer picture of your overall budget. Next, utilize historical maintenance data stored within Elevate’s platform to forecast future expenses and uncover areas where cost-saving measures can be applied. Finally, it’s essential to prioritize preventive maintenance over reactive approaches. By addressing issues before they escalate, you can minimize unexpected repair costs. As one of the Best Commercial Property Management Software solutions, Elevate’s system helps you prioritize tasks based on urgency and impact, ensuring efficient allocation of resources.