Client’s Challenge:
Did you know?
- The average real estate agent spends over 7 hours weekly on contract preparation
- Each document requires over 20 minutes of formatting work and over 3 hours a week in error correction
- An inefficient system can cost agents up to $15,000 in potential earnings annually
Al Rafay Consulting (ARC) helped their client tackle all of these pain points in the real estate industry, with the Contract Generator.
ARC’s client struggled firsthand when faced with the complexity and time consumption that comes with creating leases and contracts for their business. Each lease document must be drafted from scratch and uniquely from one another, involving legal assistance, frequent data entry, and cross-checking with multiple documents. This often led to slower approvals, increased probability for errors, outdated information, and poor communication between departments working across multiple contracts. All these factors not only slowed down the business processes, but they also created legal and financial risks. ARC stepped in to assist their client in automating contract generation for enhanced optimization.
Client’s Goals and ARC’s Solution:
Imagine a world where contract generation is not a never-ending task – but a strategic advantage. This is exactly what ARC was able to assist their client with, using their Contract Generator tool. Designed to eliminate busywork and improve productivity, their solution was designed to scale smarter and focus on what drove their client by understanding their goals. Their client needed a solution that saved time by generating contracts automatically through customizable real estate templates. Additionally, they needed to ensure consistent formatting for each contract template and reduce the risk of minimizing legal and data entry errors with advanced automation.
After the discovery phase with the client, ARC’s experts were able to implement their Contract Generator tool for the organization. This solution automates contract generation, by converts existing organization contract templates into a user-friendly form to input specific contract data into. After all the information is added, the client can easily generate their contract into a downloadable document. The solution targeted all challenges ARC’s client was facing, including faster processing time, less errors, and minimizing legal risk.
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Results & Summary:
With the Contract Generator ARC’s client had a significant return on investment.
- 78% reduction in contract preparation time
- 100% compliance with existing contract standards
- 95% decrease in document errors
Al Rafay Consulting recognized the challenges their client faced with a time-consuming and error prone process to generate contracts and successfully provided a solution to meet their business needs. Drafting leases and ensuring legal accuracy was no longer a bottleneck for their teams. The Contract Generator served as a secure, scalable solution that simplified creation, eliminated inconsistencies and errors, reduced hours of manual labor work, and limited their legal and financial risk.
Schedule a Consultation to Learn More:Interested in learning more about Contract Generator and how it can transform your business? Contact us at contact@alrafayconsulting.com
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