˜ real estate challenges - m-files€¦ · documents, transaction documents, and hr documents from...

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1 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. contact@m-files.com 360 VIEW 0 *All figures from the 2019 Intelligent Information Management Benchmark Report

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Page 1: ˜ REAL ESTATE CHALLENGES - M-Files€¦ · documents, transaction documents, and HR documents from anywhere you happen to be Integrated scanning with Optical Character Recognition

1

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.

[email protected]

360 VIEW

0

*All figures from the 2019 Intelligent Information Management Benchmark Report