The Most Common Benefits of Lease Management Software, As Told By Online Reviewers

 March 11, 2020

By  Guy Gray

When you’re considering technological solutions to a problem, sometimes you want to hear from customers that actually use the product instead of the companies pitching it. In honor of this, we scoured the Internet for reviews for “lease management software.” 

Lease management software is becoming more and more popular among CRE professionals. After analyzing users’ reviews of the various lease management software platforms out there, we compiled a list of the most common benefits these platforms provide. 

This is what people had to say:

Mobile Access

“Utilizing cloud-based software means that you can access your lease data from anywhere. This is especially important if you happen to be out of the office and need something.”

Communicating with your team is more efficient with lease management software, according to real users/reviewers. This is especially true for cloud-based platforms, which you can access anywhere, at any time, on any device. Gone are the days when you had to rely on long email chains to communicate effectively. Lease management software provides a single data source for a real estate department. Plus, it allows all team members to quickly respond to questions or challenges.

Centralized Data Location

“All leases and their related information are organized together in one spot.”

Users also loved that with lease administration software, they can say goodbye to confusing spreadsheets. Lease management software has built-in checks and balances, which eliminates errors and oversights. It also lets you quickly validate important information like rent payments. Best of all, it’s all organized nicely in one location that you can quickly access.

Great User Experience

“Access key information with the click of a button.”

Another great benefit of lease administration software is that it’s easy to use and flexible. Use it for a quick reference or get as deep into the details as you need—both are simple and easy to navigate. Searching through paper files is officially a thing of the past.

Key Date Tracking

“With the email reminders, we no longer miss the key dates, like options or expirations.”

Nothing can be more frustrating (or as expensive) as missing a valuable opportunity to grow or maintain your portfolio. That’s why users loved the fact lease management software keeps track of key dates and contract deadlines, even sending notifications when they’re approaching. Overall, this saves a lot of time, money and frustration.

Secure Document Storage

“All documents are stored in one place for easy reference and verification.”

Another way lease management software saves time is with its document storage capabilities. As mentioned above, everything is centralized in one spot and accessible from anywhere. But it’s also securely stored so that only the people that need access can get it.

Another great way to analyze a technology solution? Getting a demo for it. If you’re interested in lease management software like Quarem, request a demo today.

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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.

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