˜ REAL ESTATE CHALLENGES - M-Files€¦ · documents, transaction documents, and HR documents from...
Transcript of ˜ REAL ESTATE CHALLENGES - M-Files€¦ · documents, transaction documents, and HR documents from...
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Technology is changing the way real estate firms conduct business and is increasingly
becoming vital in order to complete tasks and meet critical deadlines. Numerous
studies show that real estate companies that leverage technology are able to increase
productivity, efficiency, and accuracy firm-wide.
By the Numbers
of workers find it sometimes or
almost always challenging to find the information they’re looking for.
46% of workers store and
manage documents out of their email inbox.
69% of workers find it challenging and
time-consuming when searching for documents on a mobile device.
62%
2/3
Nearly 2/3 of workers indicate that they experience challenges
in reviewing, approving and signing documents.
82% say navigating through different systems and locations
to verify the most current versions of documents negatively
affects productivity.
93% are unable to find documents because they’re badly named/tagged when
filed.
93%
82%
Challenge: We Have Paper Documents Everywhere
Turn paper-intensive processes into streamlined workflows
Scan in invoices, property documents, transaction documents, and HR documents from anywhere you happen to be
Integrated scanning with Optical Character Recognition (OCR) to make paper files text-searchable
Solution
5 REAL ESTATE CHALLENGES SOLVED BY INFORMATION MANAGEMENT
OCR
2 Challenge: Too Cumbersome for Documents to Get Signed
Solution
3 Challenge: We Need Agents to Have Access to Documents When They're Off-Site
Access documents with a smartphone, tablet or computer from anywhere on Earth
Scan documents and receipts from anywhere
Review, approve and eSign documents from anywhere
Solution
2 Challenge: Too Cumbersome for Documents to Get Signed
Kick off approval workflows and notifications upon document entry
Automatically notify parties that
documents need digital signatures
Make the process for offers,
contracts, disclosures and other
important real estate documents
smoother than ever
Solution
4 Challenge: Data Located in Multiple Places
Central repository for documents and files from different silos
Access, store and manage documents from network folders, CRM, SharePoint, ERP — and anywhere else they might live
Singular 360-degree view of data from otherwise disparate repositories
Solution
5 Challenge: Lack of Visibility into Critical Information
No more endless searching for the information you need — all documents located in a central repository
Find the right version, every time. It's easy to see what has changed, who did it and when the change was made
With a metadata approach to data management, easily add structure to data
Solution
www.m-files.com@M_Files
Document Management. Redefined.M-Files is the only intelligent information management platform that organizes content based on what it is, not where it's stored. You can even connect to existing network folders and systems to make them more intelligent with built-in AI to automatically categorize and protect information. To learn more, visit www.m-files.com.
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*All figures from the 2019 Intelligent Information Management Benchmark Report