Commercial real estate optimization is about much more than cutting costs. Since the most efficient way to optimize your portfolio is to use lease administration software and other automation tools like REoptimizer®, the optimization process also gives your entire c-suite access to better information and the ability to make better decisions.

Commercial real estate optimization can be a broad discipline spanning both measurement and action. However, every aspect of the practice has the same benefit: helping your company get more revenue for each dollar that it spends on its portfolio. Here are some of the ways that you can work towards optimizing your portfolio.

While corporate real estate departments can be close to optimize their portfolios, CFOs and other C-suite leaders are typically more open to paying closer attention to their real estate portfolios. After all, real estate expenditures are usually in a company's top three cost centers, while the long term nature of real estate obligations complicate strategic planning. Here are three reasons that the C-suite should lead from above when it comes to commercial real estate optimization.

Commercial real estate optimization is the process by which the savviest businesses minimize their occupancy costs and increase the ROI on their owned and leased properties. While every company's needs vary, optimization is a multi-faceted process that includes both managing each sites' specific operations as well as looking at a portfolio as a whole to identify ways to lower costs.

Corporate real estate optimization is a multi-disciplinary process. It can span from changing light bulbs to restructuring your company's finances. Optimization also happens on both the daily level and on a big-picture level that can span years or decades. Here are four ways you can optimize your company's real estate for better performance in the near, middle and long-term.

If you are like most businesses, your third largest expense is the occupancy cost for your commercial real estate. Optimizing those expenses is a two step process. The first part is what we call tactical commercial real estate -- ensuring that you are paying the right rent for the space you occupy. The second is strategic -- optimizing your portfolio itself to ensure that each location is doing what it should for your bottom line.