We are thrilled to share our latest case study with Blackstone. Here are some highlights. “After rigorous testing of numerous tools, it became clear that PRODA stood out as the ultimate solution for our needs. The time-savings and noticeable improvement in data quality we experienced were unparalleled. PRODA's innovative approach to data automation and machine-learning technology transformed how we access and analyze our portfolio data, offering us a competitive edge that truly feels like a leap forward in the industry.” Richard Ferrino, Senior Vice President, Technology and Innovations Blackstone’s implementation of PRODA has yielded: · 100% increase in speed of submitting, reviewing, and reporting on rent roll data · 100% of leased-based assets (4K+ assets) loaded into common, standardized, and certified data sets across Blackstone Real Estate’s European portfolio · 50% expansion of rent roll data points collected across all sectors in Blackstone Real Estate’s European portfolio Read the case study in full: https://lnkd.in/efHk97UV Book a free trial to test PRODA for yourself: https://lnkd.in/e9gvbYiN #assetmanagement #investmentmanagement #cre #realestate #proptech
PRODA LTD
Software Development
London, England 8,545 followers
Capture │ Extract | Standardize │ Analyze
About us
At PRODA, we are building AI-enabled software to automatically capture, standardise and quality check rent roll data. Our goal is to empower real estate professionals to quickly gain actionable insights from their data and use software more effectively. The commercial real estate industry relies on rent rolls as the core data source, but these are frequently inconsistent, inaccurate and inaccessible, posing challenges for real estate professionals. Through automated data standardisation, PRODA can: - Increase process efficiency, through faster report generation. - Improve data-driven decision making, by ensuring the accuracy of input data. - Enhance data access, by building repositories of clean, standardised data. In addition, PRODA easily integrates with existing systems, to ensure consistent dataflow through the whole organisation. Founded in January 2017 by the London-based property professionals Peter Bredthauer and Charles Williams, PRODA has a growing team of data analysts, designers and developers. To find out more, please visit www.proda.ai. You can get in touch over LinkedIn or at info@proda.ai.
- Website
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http://www.proda.ai
External link for PRODA LTD
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- London, England
- Type
- Privately Held
- Founded
- 2017
- Specialties
- Innovation, Real Estate, PropTech, Machine Learning, and Data Standardisation
Products
PRODA
Machine Learning Software
Using PRODA is like hiring a rent roll processing expert who has experience at Blackstone, ING, Allianz, and 120 other commercial real estate companies, who completes tasks instantly, spots errors immediately, never stops learning, and never quits. Cleaning up messy rent rolls or tenancy schedules using spreadsheets takes hours/days. That’s time that could be spent using the data for analysis and decision-making activities. There’s also the risk of errors in the data that could cost the business significantly. And there's the frustration and stress of manually checking spreadsheets, line by line, to meet monthly or quarterly deadlines. PRODA automatically converts any rent roll data into the format you need. Get consistent, error-checked data all in one place, ready for analysis and upload into any system. Get up to 90% of your time back and turn your headache into a valuable asset. Want to see this in action? Talk to us: https://proda.ai/book-a-free-trial/
Locations
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Primary
Blue Fin Building, 110 Southwark Street
1st Floor
London, England SE1 0SU, GB
Employees at PRODA LTD
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Carl Nixon
Visual Basic for Applications (VBA) Engineer
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Tommy Meany
Empowering real estate professionals to quickly gain actionable insights from their data and use software more effectively
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Phil White
Senior Cloud Engineer @ Apple | highly skilled engineer, meticulous and considered with a background in Devops and IaaC; advanced skills in…
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Steve Palermo
Senior Enterprise Account Director at PRODA
Updates
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Our Head of North America, Zander Geronimos, will be in Chicago from the 8th to the 13th of August. He'll be meeting with our partners and will be a featured speaker at the Blue Vista Capital Management Offsite on the 12th of August, sharing his insights on AI in real estate. #realestate #proptech #ai
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Watch how Mount Street Group, Europe’s largest third-party loan servicing and credit management firm, has standardized over 250 formats of tenancy schedules for 25k+ assets, with 90%+ time-savings, and with the most complex tenancy schedules down from 15+ hours to under an hour. See the full video with Mount Street’s senior executives Jim Gott and Matthew Murray explaining how they achieved what they set out to do: https://lnkd.in/em-R2mxh #realestate #cre #investmentlending #loanservicing #creditrisk
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Here's what happens when an investment management business uses a purpose-built tool to manage disparate rent rolls in multiple formats from various joint-venture partners. #proptech #investmentmanagement #realestate
Real estate asset managers rely on high fidelity rent roll data to evaluate portfolio performance. However, these data sets are often fragmented in addition to the manual process of collecting and standardizing the data. Enter PRODA LTD. In our latest blog post, Daniel Correa Growth Principal explores our portfolio company Proda's time-saving capabilities. → https://co.jll/46p3KSG #AI #PropTech #VentureCapital
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How do you extract your rent roll data from PDFs? Copy and paste? Line by line? Read our blog post to find out how you can do it instantly. https://lnkd.in/e6UvSQgd #makequarterlyreportingeasy #proptech #assestmanagement
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Excel is still the go-to tool for aggregating and analyzing rent roll data. However, it isn't perfect. How do you handle Excel's 2029 rule or know when a date value is a text value? Check out our blog for top tips and how to fix date-format problems. https://lnkd.in/e4GV3VXR #makequarterlyreportingeasy #proptech #assetmanagement
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How sure can a commercial real estate firm be that there are no errors in their rent roll data? Find out how PRODA LTD helped a company avoid a €1 million loss. https://lnkd.in/eNd2rpSA #cre #proptech #realestate
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Today is the last day to vote for PRODA LTD for Proptech of the Year at the GRI Club Awards Europe. If we’ve helped you achieve your business goals or your colleagues have told you abouts us, we’d love your vote. It takes less than 60 seconds. 1. Click on the link: https://lnkd.in/defgKHzQ, Proptech of the Year, PRODA, and then the Vote button. 2. Enter your name and email address and then hit the Vote button. 3. Tell your colleagues, friends and family to vote, too! #cre #proptech #realestate
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If you work with multi-region rent rolls using spreadsheets, currencies can sometimes pose a problem. How many of these issues have you come across? • Inconsistent currency formatting • Mixing currencies in a single column • Missing or incorrect currency conversion rates • Dynamically updating currency rates • Rounding errors • Date-specific currency value • Handling currency in Excel formulas and functions Read our blog post to see how to solve them. https://lnkd.in/emWtm4eK #realestate #investmentmanagement #assetmanagement
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There’s only one week left to vote for PRODA LTD for Proptech of the Year at the GRI Club Awards Europe. If we’ve helped you or you’ve heard good things about us, we’d love your vote. It takes less than a minute. 1. Click on the link: https://lnkd.in/defgKHzQ, Proptech of the Year, PRODA, and then the Vote button. 2. Enter your name and email address and then hit the Vote button. 3. Tell your colleagues, friends and family to vote, too! Vote today. July 19th is the deadline. #cre #proptech #realestate
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