Reactivating a diverse property portfolio involves different people performing lots of small tasks within larger, complex processes. When people and process are distributed, costly inefficiencies can pile up. We think of this as "death by 1,000 cuts."
This article shows how inefficient data management and information sharing across organizations adds up as real costs. According to the study, nearly 30% of a typical work day for people working in information and data-heavy fields is wasted on inefficient information sharing processes.
ePropertyPlus returns time back to our end users. By taking their complex processes and putting them into a cloud-based data system, we improve data and information sharing. That represents an average savings of 2.4 hours per week, according to this study.
Time wasted waiting on folks to share updates, because they don't update the central resource: that's another 1.5 hours. We mitigate that with automatic notifications and workflows.
And rework, redos, and duplicative work: more than 3 hours wasted here, too. We cut down on that by applying simple data validation and standardization tools and by applying workflows to assignments, so there can be accountability and proper delegation of tasks.
The report lists a number of time wasters and in each case, we can identify a way that ePropertyPlus, like any great software application, returns that time back to our end user.
https://zurl.co/Z5VF
