Space leasing can be a real hassle, especially if you are still stuck in the age of using spreadsheets to manage your physical assets. There are many solutions out there that can help a property asset managers to simplify processes and transactions such as IBM Tririga, Rentmanager and Buildium. These online softwares are smart, actionable and easy to use – the RealEstate Doc space leasing management software is no different! It does all that the can but unlike the rest, it specializes in commercial real estate leasing. It’s a one-stop platform for space leasing managers to propose, transact and track.
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5 Benefits of Using RED’s Space Leasing Management Software
1. Make that Deal Digitally!
With relevant parties granted permission to access to the same tenancy agreement, record duplication is eliminated. Time is saved when one no longer needs to hunt for physical records in the storage room. Space and money are also saved on physical document storage, courier services, and manpower.
With the RED Document Engine, every aspect of your commercial property transaction is done digitally; including planning and management of your assets. You can check on any available leasing spaces on its leasing schedule mapped out in calendar form, updated in real time. You no longer have to rely on the traditional way of using an excel sheet for recording
2. Optimize Your Commercial Assets
When RED, you can keep getting live data on your business performance and transaction progress. The system keeps a record of data like contract values and expected payment schedules in an organized manner on an easy-to-use dashboard.
Asset managers can also make use of RED’s customer analytics to improve their business performance. One can also benchmark their records of transactions and activities against productivity benchmarks. RED’s system is akin to having a LIVE master calendar that automatically updates all your leases in real time.
3. Plug-and-Play into Any System
RED is an API-driven application that offers easy connectivity to communicate with multiple systems – even with clunky backend systems like SAP
Designed with an attractive and intuitive graphical user interface, RED shortens the learning curve for your employees. Users will also enjoy its ease of pulling and pushing key information from the system.
4. Simplify Tenant Due Diligence Process
Delight in the ease of searching for tenants with a platform that uses an algorithm to match compatible retail spaces with potential businesses. Drive compatible tenants to the right locations with ease.
With our robust Know Your Customer (KYC) records on the blockchain, you can easily access and assess your tenants’ credentials
5. Secure Integrated Payments at Lower Fees
Be assured of safe payment procedures that allow for integrated payments with your choice of payment partners. We work with banks to integrate digital currency payments, hence removing the need for vendors or tenants converting unknown cryptocurrencies to fiat.
Avoid the high transaction fees charged by credit cards or other electronic payment gateways.
5 benefits you can enjoy with RED
- Transact digitally
- Increase revenue
- Easy integration with the current system
- Streamline processes
- Save money on each transaction
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