It's A New Era For Property Operations
What do we mean by digital operations? We mean a property management company that has eliminated the unnecessary use of paper records, and transitioned to a platform that supports "digital documents" (such as lease files, employee records, invoices) as the core foundation of their operations. By adopting digital operations, multihousing owners and operators will be able to standardize common workflows both at the property office and in Corporate departments improving overall productivity with mobility that ensures compliance with stated business policies for all employees.
To empower this transition, SyndicIT works to help multifamily companies adopt a digital content management solution that allows properties to have paper when and where they need it, and digital documents when property's want to save money and accelerate business performance.
Given the high turnover in our industry, standardizing workflows can accellerate the ability for employees to learn and follow your property's process for completing tasks faster. and on time These tools include employee "to do" box notifications, work in progress reporting, and automated prompts actions required to move documents through selected workflows and decisions.
In addition, the transition to 'digital operations' results in dramatic expense reduction by eliminating the need for on-site document storage, time and costs associated with shipping, filing, and copying documents, as well as eliminating the risk of doument loss, theft, or damage by fire, flood, or other natural disasters.
The benefits afforded by digital
operations are vast and include
the ability for a property to demonstrate a real commitment to eco-friendly operations through the use of less paper, attract "tech-savvy renters" with tablet-based forms and on-line leaseing solutions, and through the creation of an operating environment that increases overall compliance with legal and regulatory recordkeeping requirements.
For too long, multihousing operations has 'straddled' the bridge between paper-based and completely digital operations. For too long, your staff has struggled to managed the flood of paper-based records with the growing 'tsunami' of electonirc information from emails, property management systems, rent yield management systems, social media, and internet listing services, among others, in a meaningful, centralized manner that promotes insight and data analyssis into your day-to-day operations. SyndicIT has developed the core solutions your operations's require to make the transition to digital operations seamless for your property management organiztion and immediately contribute to your bottom line.
Know the ROI
Central to the decision is the case to be made for the ROI. Our experience has demonstrated that the following third-pary assessments can be relied upon for your decision:
"Over its life-span, a single sheet of paper ends up costing an average of $30.00" - Delphi Group
"$14,000 worth of productivity is lost per worker per year due to their inability to find the data they require to do their job" - IDC
"Professionals take 18 minutes to locate each document on average" - Gartner Research
"Companies typically misfile 20% of their records-thus losing them forever" - ARMA International
"The average worker users 10,000 pieices of paper per year" - U.S. Enviornmental Protection Agency
Other underlying considerations include the measurable returns that will be gained by expediting business processes, accellerating the information sharing with business partners, investors, and service providers, as well as the appeal of offering tech-savvy tenants an experience that secures their personal information and provides a virtual leasing office that is open for business 24/7.
Lauryn Schimmel
Managing Director
How "Digital Operations" Will Transform Your Business
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