Monday, 06 April 2020

How to Save Time, Ease Workload with Online CRE Management Platforms

Written by Ryan Letzeiser Posted On Sunday, 23 February 2020 05:00

Many commercial real estate (CRE) companies long ago latched onto the Microsoft Excel spreadsheet program as the standard way to manage their large volume of accumulated data and information. However, Excel launched more than 30 years ago, and CRE executives have been slow to migrate their information onto updated technology platforms.

Kladok is one of the newer online management platforms looking to shift this trend. Having one centralized platform tailor-made specifically for CRE professionals – including brokers, property owners, lenders, investors, and insurers -- saves time and makes it easier for real estate professionals to juggle details on assets and deals.

Portfolio and asset management are key parts of CRE companies’ workload. Organizing financial information along with various property details can be challenging to keep in a simple format. For instance, with various spreadsheets within one Excel document, it can be easy to place a number in the wrong location. 

Further, various versions of the same Excel spreadsheet are often necessary, which can be confusing. With multiple people typically working on each CRE project, all users must be well-versed on how items are being labeled in order to keep the spreadsheets accurate.

New online management platforms created for CRE professionals make their work more efficient, provide seamless communication across team members and reduce the chances of inaccuracies.

Further, innovative online management systems such as Kladok are easy to operate, while understanding the most advanced versions of Excel might require taking a course on the topic to master the tools.

Kladok is a CRE-specific online management platform that can consolidate several disconnected spreadsheets into one cloud-based location accessible from anywhere. This organized unit gives companies the ability to conduct portfolio-wide analysis or rapidly garner individual property details.

Moving portfolio details onto a technologically advanced management platform can allow a team of CRE executives to view real-time data, eliminating the need to schedule meetings for specific updates on a project – which can be frequent. It also can prevent possible project delays due to factors such as a lag in inputting information, incomplete data or details placed in the wrong spreadsheet location.

Along with speeding the workflow, allowing rapid input of data into a central platform can boost transparency, allowing managers to rapidly access all information.

Additionally, some online management platforms offer a task manager. This can ease any uncertainty among team members about when a specific job should be done and who is assigned to handle it.

Accessing financing and commercial insurance products also are available via portfolio and asset data input into CRE management platform Kladok.

Beyond managing data, Kladok is also a platform that offers a network of CRE professionals who can share information, benefiting from each other’s expertise.

Collaborating with colleagues, organizing data, better managing information and easing workflow are just some of the benefits of an online management platform for CRE executives. Kladok is an easy-to-use platform that creates a centralized workspace. This can save time by consolidating information and removing the need to manually input data in various spreadsheet locations.


Ryan Letzeiser is the Co-Founder and CEO of Obie, a portfolio management platform for commercial and multi-family real estate recently named a Top 100 Finalist for the 2019 Chicago Innovation Awards. Obie also offers tailored and competitive property insurance products.  

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