Corporate Real Estate Management Software

Real estate management software enables real estate professionals to gain access to an abundance of data on space usage, costs and occupancy rates. CRE leaders can use these systems to make strategic business decisions that align their real estate with company goals and workforce demands.

Investment in CRE management tools increases productivity and efficiency, empowering CRE teams to make informed decisions about where to allocate investments. Furthermore, using the right technology will keep CRE teams current on industry trends and client demands; ideal tools include those offering multiple channels for communication with clients as well as built-in analytics that identify patterns or clues that would otherwise go undetected.

Real estate management software tools that support strong client relationships also enable users to strengthen them by offering multiple communication options that enable clients to interact on their terms. Some tenants may prefer email over telephone conversations; other may prefer texting or using social media. The best tools provide all these avenues on one platform and even allow users to set up automated messaging sequences based on individual client preferences.

Real estate management software often includes tenant portals where tenants can login to view important information, discuss concerns and connect with fellow residents. Such portals help residents feel more at home in their communities while helping property managers manage reputation. Likewise, quality software includes real-time chat features so CRE team members can interact with clients directly.

There are various software solutions for commercial real estate, from basic databases to fully integrated systems that span your portfolio. One popular choice is MRI Software, offering a comprehensive suite of real estate management tools for financial and operational data relating to tenant invoices, rent rolls, budgeting, reforecasting and more. Their accounting system integrates seamlessly with SAP S/4HANA so users can track real estate financials within other enterprise accounting processes for tracking purposes.

Corrigo, another widely utilized real estate management solution, specializes in managing multifamily and retail properties. It features a database of unit types and owners as well as the capability to create complex lease agreements. Furthermore, its software can manage maintenance workflows including vendor sourcing, bidding, quality assurance testing (QA), invoicing as well as compliance reporting via its lease abstracting system that syncs up with SAP ERP for easy compliance reporting.

Yardi is another leading real estate management software option, available both cloud-based and on-premises versions. Its cloud version allows users to access data on any device while also cutting hardware and infrastructure costs, and has robust tenant billing, rent roll services and lease abstraction capabilities that help streamline lease negotiations and lease abstraction. Furthermore, its mobile app enables work order scheduling among other functions. When selecting commercial real estate software solutions that meet individual organizations’ individual requirements – meaning integration with existing platforms as well as offering user-friendly navigation interfaces – is key when making wise choices that match up perfectly against each unique organization’s individual requirements – like Yardi!


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