5 Benefits of Cloud-Based Lease Automation Software

 June 8, 2021

By  Guy Gray

Automation technology is improving by the day. What may have once been a groundbreaking feature several years ago is now obsolete. To keep up with competitors and their resources, you need to utilize software that is up-to-date and continuously improving.

Take lease automation software, for example.

From mobile access to real-time market updates, there are several benefits unique to lease automation software solutions that have cloud capabilities. Let’s go over five of them.

1. Easy Setup

Thanks to those advancements in technology we alluded to above, setting up cloud-based lease automation software is easier than you’d think. The best solutions out there easily migrate data into the correct fields for you and industry-specific elements like lease abstract can be easily entered into the system. At Quarem, we can enter lease abstracts for you and our customer support team is available to ensure your implementation and setup experience is seamless.

2. Data Customization

With customized data fields, you can make the cloud-based lease automation software you choose work for you and your specific needs. Not all solutions have this feature, however. With Quarem, you can work directly with our Technical Services team to implement a customization and we will do our best to ensure you’re maximizing the value of the tool.

3. Real-Time Reporting 

Organizing your lease data in an automated system means that you can make confident and proactive decisions. Thanks to the automated report builder, your favorite reports will automatically update and arrive in your inbox right when you need them. They’ll help you identify risk & opportunity, make comparisons, track changes, and visualize your space. 

4. Automated Reminders/Notifications

Another benefit of cloud-based lease automation software is its ability to set up automated reminders and critical date notifications. Maybe you have a lease expiration coming up? Or an option window? By setting up critical date notifications, you’ll receive a timely notification (in the format you prefer) and be prepared to take advantage of any opportunities you identify.

5. Cloud-Based Security and Accessibility

Finally, cloud-based lease automation software can give you peace of mind and increased convenience. Thanks to the power and advanced technology of the cloud, your data is more secure than it would be on another platform, or even on a storage device. Accessibility features of tools like Quarem also allow you to invite your team in, assign access levels and monitor any changes made to leases.

If you’re interested in seeing what cloud-based lease automation software can do for you, consider requesting a demo of Quarem today.

You Might Also Like:

6 Strategies for Expanding Your Commercial Real Estate Portfolio
The Secret to FASB and ASC 842 Compliance

About the author 

Guy Gray

Guy Gray serves as Chief Operating Officer overseeing our technology and client services teams. He is responsible for guiding Quarem application development, networking and security, as well as new client implementations.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Get Started With Quarem

Less headaches. More Control.  A better way to manage your leases.

See Quarem in action.  Get a Demo >