Corporate & Real Estate Contract Management
CRES offers an automated solution to streamline the full lifecycle Real Estate Contract Management Process
The Challenges
Traditional Contract Lifecycle Management is costly and time-consuming, involving drafting terms, negotiating with stakeholders, organizing documents, ensuring compliance, meeting deadlines, and maintaining communication. Many of our prospective clients seek a comprehensive solution to these challenges, but typical CLM tools use outdated AI models and focus narrowly on contracts instead of the broader scope of business processes. That’s where CRES comes in.
The Solution
Contract Management is a component of CRES Real Estate Solutions, which is built on the Microsoft 365 platform. It incorporates advanced AI and RPA technologies, including OpenAI’s ChatGPT, Microsoft Copilot, and Power Platform, as well as signature routing tools like Adobe Sign and DocuSign. It leverages the broader CRES Business Process Automation tool to easily incorporate your custom lifecycle workflow for each contract type. CRES integrates with any PMS system, sends compliance alerts, and triggers new workflows. CRES automatically extracts key data from your signed contracts via AI. This enables automatic tagging of your signed contracts with portfolio data and automated data entry in internal or external systems using Robotic Process Automation.
Copilot Based Contract Template Creation
Copilot can help draft legal contract templates by using Artificial Intelligence to analyze your requirements and generate tailored, compliant documents. It can also suggest clauses, ensure consistency, and integrate with other CRES automation tools for seamless contract management process.
Mobile Workflow Management
CRES enables users to track and manage workflows on the go, which provides executives with the ability to review and approve workflows using their mobile devices. With just a click of a button, executives can stay up-to-date with the status of their workflows, thus ensuring that projects are progressing according to plan.
Automated Contract Drafting
Using pre-existing Word templates with placeholder columns, CRES automatically drafts new contracts by populating the placeholders with relevant real estate business data. This process creates complete contract documents ready for review, approval, and signature routing, streamlining the contract management process and ensuring accuracy and efficiency.
Integrated Signature Routing
CRES integrates with any commonly used signature routing tools such as Adobe Sign and DocuSign, integrated with Microsoft SharePoint. Finalized documents are escalated to relevant parties for signatures, as typical with the signature routing tools you may be familiar with.
AI Based Document Data Extraction
CRES leverages OpenAI’s Chat GPT to extract data from Executed Contracts in SharePoint libraries. For example, it can pull key dates and terms from lease and loan contracts. CRES captures essential information from both structured and unstructured documents, enabling further automation with our RPA solution. This reduces manual data entry and minimizes errors.
Robotic Process Automation (RPA)
CRES Contract Management is integrated with our robust RPA tools. With execution of new contracts, automate mundane and repetitive data entry tasks across various systems with minimal human intervention. Our RPA capabilities integrate smoothly with your existing processes, enabling more efficient and error-free operations.
Seamless Integration
No matter which source system you use, MRI, Yardi, VTS, RealPage – cloud, or on-premise, we’ve got you covered. Our state-of-the-art Data Integration Service requires no physical interface. CRES can be integrated with your property management system. Using tons of available connectors, we can seamlessly integrate your business processes across your systems and applications.
Key Benefits
Increased Efficiency
Save time and resources with automated workflows
Enhanced Accuracy
Reduce errors through automated data processing
Scalable Solutions
Adaptable to any industry, ensuring your business stays competitive
Customer Testimonials
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