CRE leasing processes involve a lot of documentation. The agents, lessors, lawyers, guarantors, and financial institutions pass the contract back and forth in multiple iterations. Digital documentation with CRM reduces the chance of errors and makes the process more efficient.

The number of parties involved in leasing transactions creates more opportunities for fraud. Processes for internal audits, approvals, and data governance help mitigate these concerns and can be built into workflows using the CRM.

Manual processes with spreadsheets leave CREs open to security issues. Digital systems encrypt data so it's only accessible by authorized users.

Entering and verifying record details is an unnecessary and time-consuming administrative task. Manual tracking can be eliminated using CRM, freeing up employees to focus on more important tasks.

Many tenants are shifting preferences to short-term leases, leading commercial property owners to constantly update documents and recalculate fees. Automated workflows systematically update these documents and calculations to maximize profits while minimizing tedious manual work.

The more third parties involved, the higher the intermediary costs. Streamlining the process with CRM and integrating additional systems reduces the number of touches it takes to complete a task.