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Businesses in the commercial real estate sector are feeling the pressure to adapt to a changing industry while reducing costs. To stay ahead of the curve, finance and accounting leaders…
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Automate Real Estate Reporting to Do More With Less
Businesses in the commercial real estate sector are feeling the pressure to adapt to a changing industry while reducing costs. To stay ahead of the curve, finance and accounting leaders in real estate should consider investing in technology to automate their reporting and respond quickly to changes in the environment.
Current MRI data shows that human error is the leading cause of accounting mistakes in commercial real estate, and poor data can cost businesses time and money. The impact of poor data can be devastating, causing organizations to lose up to 10 hours per week manually tracking key data and leading to lost opportunities and risky decisions that can cost up to $9.7M per year on average. By adopting software that can facilitate faster and more accurate reporting, businesses can save time and money while dramatically reducing the risk of human error.
Download our whitepaper to learn how automating your reports can help you:
- Increase security and reduce risk.
- Drill down on your mission-critical business data.
- Spend less time manually manipulating real estate data and more time analyzing the results.
- Become more proactive and less reactive to trends in the market.
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