Lease and contract management: from folders to a system
Leases live in folders, email and memory. Moving them into a system is mostly a data and discipline exercise, not a software one.
Translated automatically by Google Translate. The English text is the original.
A checklist of questions to ask before you sign, so the system works for you now and you can leave later if you need to.
Choosing a PropTech system is a commitment. Data, habits and processes grow around it. A few questions asked early can save a lot of pain later.
Write down the two or three processes the system must support, in your own words. Ask each vendor to show how their product handles your case, using your documents and your edge cases. A polished demo of general features tells you little.
This is the most important question. Ask:
A vendor who answers clearly and without hesitation is a good sign.
How does it connect to your accounting, your access control and your other tools? Ask for real examples with named systems, and whether connections are included or charged separately.
If you operate in the UAE, the Gulf or Pakistan, check support for the realities that matter there: Arabic and English, local payment and cheque practice, local regulations and reporting, and time zones for support.
Who answers when something breaks? Within what time? Ask to speak to a customer of a similar size. Ask how long they have been using it and what they would change.
Look beyond the licence. Count implementation, training, extra modules, extra users, integration work, and the internal time your team will spend. Compare the cost over three years, not one.
Where is the data hosted? Who can access it? How are backups and access handled? For anything involving personal data, check that the vendor can explain this clearly.
Instead of a company-wide rollout, begin with one property or one team for a fixed period. Agree the success measure in advance, for example time to close maintenance requests, and the conditions under which you can stop.
A good vendor treats these questions as normal. The aim is a system that serves your business now, with the freedom to change course if your needs change.