Contract Lifecycle Management Software for Real Estate Sector

 

Why contract management is critical for successful Real Estate operations

The latest advancements and fluctuating market trends in the Real Estate industry warrant a focus on boosting bottom-line efficiency. It can be done by optimizing resources and making process improvements.

Valuations remain a key component of financial reporting. Also, banks have become increasingly scrupulous in lending, thereby influencing interest rates. Investors are always keen on having a sold exit clause when entering into agreements.

Manage Contracts in a Whole New Way
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CLM challenges faced by Real Estate enterprises

The biggest challenge is to efficiently manage thousands of lease contracts. Gaining insight into costs, yield, and occupancy that are complying is yet another issue.

Effective contract management solutions for Real Estate can help in drafting accurate contracts. It can also help in reducing investor fears, complying with regulatory requirements, and improving sales and bottom-line.

Find out how iContract can help Real Estate enterprises

Zycus' automated contract management system for Real Estate enables organizations to streamline all contract management processes. It also reduces risks, and designs a better compliance management framework, thus minimizing risks:

  • Create, store, and manage all investor and lease contract agreements (revisions, conditions, charges, renewals) within a centralized and secure repository
  • Automate financial processes (rental payments, price escalation, and indexation, variable rent and concessions, settlement of service charges)
  • Gain insight into costs, yield, and occupancy (tracking and forecasting) across the contract management lifecycle for your real estate properties
  • Efficiently manage lease in/out contracts using configurable templates of contract terms and conditions, collaborative authoring, and workflows
  • Search contract information and metadata extraction, track clause-level changes
  • Control contractual processes and data comprehensively to ensure all compliance documents are valid
  • Access audit trails for any contract at any time for any changes made to a contract
  • Design and activate dynamic and standardized workflows with multiple reviewers and approvers, as required

Jumpstart Your Contracting Journey

Asset2
4 Pillars of Contract Compliance

Find out how to create a strong foundation for boosting enterprise-wide contract compliance

Asset2
Designing a Robust Contracting Process
Discover how to design an efficient and future-proof contracting process for your enterprise
Asset2
5 Steps to Realizing Value from Contract Management
Minimize risks, improve efficiency and maximize value with effective Contract Lifecycle Management
 

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