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Resolve makes tracking leases more efficient.


Resolve Technology, the leading provider of real estate portfolio management software solutions, announced the availability of Lease Pipeline Manager (LPM (Lines Per Minute) The number of lines a printer can print or a scanner can scan in a minute.

lpm - lines per minute
), software that provides commercial real estate firms with a more effective way to track the lease approval process.

"Users will experience a significant decrease in the amount of time and effort required to manage the approval process, but most important is the level of transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending.  the solution creates for senior management. At its core, LPM facilitates more informed decision-making, allowing management to more accurately meet and/or forecast their revenue goals."

Before the availability of LPM, companies tracked leases inefficiently in·ef·fi·cient  
adj.
1. Not efficient, as:
a. Lacking the ability or skill to perform effectively; incompetent: an inefficient worker.

b.
 using e-mail, passing PDF files See PDF.  and Excel A full-featured spreadsheet for Windows and the Macintosh from Microsoft. It can link many spreadsheets for consolidation and provides a wide variety of business graphics and charts for creating presentation materials.  attachments of deal terms, net effective rent calculations and lease abstracts among team members before getting the final version approved and entered into the property management software.

LPM shaves weeks off the approval process by providing an easily customized workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle.  approval capability to deliver maximum control and efficiency over the approval process.

Implemented as a stand alone application or fully integrated with Request(tm), the industry's first web-enabled solution for strategic portfolio management, LPM manages a checklist of items in a web-based portal, allowing deal terms to be attached and centrally archived.

Reports can be generated that not only show deal terms in process, but also generate statistics on lease teams, provide an archive of deals, and allow for lease team members to sort the data by prospect name.

For senior management, LPM rolls up a portfolio-wide actual to budget report that gives an exact read on performance, in real time.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:TECHNOLOGY
Publication:Real Estate Weekly
Date:Dec 13, 2006
Words:258
Previous Article:Apartment hunting turning hi-def.(TECHNOLOGY)
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