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by Matt Waters, CPA on September 23, 2019
How Lease Automation Software Helps You Streamline Transactions
Why Organizations are Automating Lease Transactions
It's never been more important to avoid costly manual processes and mistakes. Properly implemented automation equips you and your organization to handle:
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Rising complexity of CRE portfolios
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Need for speed, transparency, and cross-team visibility
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Inefficiencies of manual transaction workflows
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The role of a real estate transaction platform in modern CRE operations
What Lease Automation Software Helps You Do
Lease automation software equips real estate teams with the clarity and structure they need to manage leases and deals efficiently. With the right platform in place, organizations can streamline tasks, strengthen visibility, and make more informed decisions throughout every stage of the transaction process.
The right real estate transaction platform helps you:
- Obtain transparency into real estate deals
- Drive service provider performance and improve broker results
- Improve lease terms, conditions and rates
- Increase flexibility to rapidly respond to changing market conditions
- Reduce manual work using lease automation software
- Standardize workflows wiith lease accounting automation
The transaction management software from CoStar Real Estate Manager is a simple, secure, and easy-to-use tool designed to provide customers with transparency into transaction work being performed by third-party service providers and internal staff.
Specifically, Transaction Manager streamlines the acquisition, financing and disposition of key real estate assets by:
- Tracking all relevant transaction details
- Using pre-assigned roles and automated critical task reminders
- Performing side-by-side comparisons of multiple sites and deals
- Offering online, email-based approvals, with override capability
- Integrating with other systems to leverage data
- Including integrated customer relationship management and electronic document management functionality
How Transaction Management Supports Other Real Estate Decisions
Transaction management is widely used by corporate real estate departments, commercial real estate providers, brokers, landlords, leasing agency – anyone who needs to track the site selection and/or lease management process.
Put simply, automated transaction management insights are a crucial pillar to supporting acquisitions, renewals and site selection.
Get Started With CoStar Real Estate Manager
CoStar Real Estate Manager gives your team the transparency, automation, and structured workflows needed to manage lease transactions with greater speed and accuracy. If you’re ready to improve decision-making and streamline the way your organization handles real estate deals, explore our Transaction Management Software to see how it works.
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