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How AI is improving the lease abstraction process

How AI is improving the lease abstraction process

One of the biggest challenges in the commercial real estate sector has always been the cumbersome nature of leases. Commercial leases are filled with large volumes of detailed information and finding one specific point can take hours. The process of extracting data and manually entering it into spreadsheets can take even longer and carries a … Continued

The post How AI is improving the lease abstraction process appeared first on MRI Software.

How AI is improving the lease abstraction process
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How AI is improving the lease abstraction process
How AI is improving the lease abstraction process
How AI is improving the lease abstraction process
How AI is improving the lease abstraction process
mrisoftware mrisoftware | 4 years ago
One of the biggest challenges in the commercial real estate sector has always been the cumbersome nature of leases. Commercial leases are filled with large volumes of detailed information and finding one specific point can take hours. The process of extracting data and manually entering it into spreadsheets can take even longer and carries a … Continued The post How AI is improving the lease abstraction process appeared first on MRI Software.
One of the biggest challenges in the commercial real estate sector has always been the cumbersome nature of leases. Commercial leases are filled with large volumes of detailed information and finding one specific point can take hours. The process of extracting data and manually entering it into spreadsheets can take even longer and carries a … Continued The post How AI is improving the lease abstraction process appeared first on MRI Software.
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Nearly every industry is experiencing high turnover at the moment, and the commercial real estate sector is no exception. New workplace trends like the Great Resignation have led to a high level of employee churn, disrupting essential processes and tasks within the business. Companies across multiple sectors are losing key individuals who have considerable influence and knowledge of portfolio management, and it can take months to backfill the positions and train new talent for the job. For many...
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mrisoftware mrisoftware | 4 years ago
Commercial real estate professionals often face a daunting task of managing large amounts of data from leases. This includes extracting information from various leases, compiling it into a structured format, and analyzing it. The manual process of lease abstraction can be time-consuming and prone to human error, leading to inaccuracies and missed opportunities. Automated lease abstraction provides a solution to this problem.Β What is Automated Lease Abstraction?Automated lease abstraction is a p...
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Automating leasing and the lease abstraction process can enable commercial real estate firms to better manage data across the business and effectively integrate data across multiple systems. Today, as the commercial real estate industry navigates uncertain times due to the COVID-19 pandemic, one thing is certain: continuing to rely on what worked yesterday no longer … Continued The post Automate leasing and lease abstraction with CRE tech appeared first on MRI Software.
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