Real Estate Investor May 2021 May 2021 | Page 34

MANAGEMENT

Be the data superhero your business deserves

Understanding your real estate performance no longer needs to be a challenge. With the power of AI at your side, you can unlock true data-driven insights- creating time, saving money and taking full control of your leases.

That ' s why Equites Property Fund Limited, a real estate investment trust( REIT), specialising in developing and acquiring world-class logistics assets turned to MRI to discuss product solutions that could help to drive efficiencies and improve their operations.
Adding Value to Shareholders With a portfolio of over 60 properties, managing leases among a relatively small team became time consuming and inefficient for Equites. Their previous system involved numerous spreadsheets and physical folders full of paperwork, meaning administration and data extraction was taking up inordinate amounts of time.
The system also risked the business’ s data integrity, since inaccuracies can lead to lost revenue via unrecovered income.
It was important to the team that the chosen solution could integrate fully with their existing systems, and as users of MRI’ s property management solutions already, MRI Contract Intelligence was the perfect fit.
“ As an organisation we like new technology and utilising alternative technologies …. if it ultimately saves us time, we go for it. I was blown away – I knew that we needed this,” – Nasreen Mukuddem, Financial Manager, Equites Property Fund.
Fast, Informed Board Decision Making With MRI Contract Intelligence, the team at Equites are able to access comprehensive, fully customisable reporting, which allows for data to be presented quickly and clearly, enabling more informed decision making at board level.
The speed at which information can be compiled was a significant attraction for the team, as previous reporting, audits, and publishing of annual results meant delving into folders and navigating filing systems to extract the appropriate data. With MRI Contract Intelligence, this data is available quickly, easily, and accurately. Start your AI-powered data revolution today.
Contact the MRI Software Team to arrange a demonstration: + 27 21 686 3145 info @ mrisoftware. com
16 MAY 2021 SA Real Estate Investor Magazine