London, UK (September 4, 2012) — Letting firms in the UK compete for business amongst thousands of would-be tenants each year where the difference between a slow paper process and convenience of a paperless option are dividing the ranks. By adopting Agreement Express software by Recombo, leading firms are reducing tenancy agreement turnaround time from weeks to days or even hours.
The traditional paper tenancy process is time-consuming and far from efficient. For Kinleigh Folkard and Hayward (KFH), getting 20,000 documents signed each year used to involve an inefficient form-filling process, excessive preparation, printing, manual tracking and scanning process. Additionally, acquiring signatures from multiple tenants meant contracts were delayed while paperwork circulated from person to person.
When KFH adopted Agreement Express software-as-a-service (SaaS), they were able to send all lettings documents electronically and easily get legal and secure digital signatures from tenants. The web-based SaaS automates and integrates every step of a tenant agreement process. From error-free data entry, pre-loaded forms, to adding support documents and getting secure digital signatures from each person in the right order, Agreement Express even eliminates printing, shipping and storage costs.
Since implementing Agreement Express, letting firms like KFH, Savills, Chesterton, Hamptons and Chancellors have improved efficiencies, reduced operational costs and increased revenues. The automated document process has also improved the landlord, tenant and agent experience. An additional benefit is the ability to track documents in real time and be more responsive to clients.
“Tenants already search for flats online. With Agreement Express, letting firms can provide their clients with a more convenient and natural experience than with an out-of-date paper process,” says Eddie Correia, managing director, EMEA of Recombo. “With an email address and Internet connection, anyone can use Agreement Express to complete their tenancy application.”
Since 2000, the number of rental properties in England had risen to 3.9 million, according to 2011 figures from Communities and Local Government. In response, Agreement Express offers letting firms a highly secure, seamless and compliant solution for slow paper-based tenancy agreement processes.
About Recombo
Recombo is a global leader in contract management software that helps organizations streamline business processes, improve productivity, and reduce operational expenses related to approval processes by 75% annually by automating their contract workflows. Agreement Express by Recombo™ is a cloud-based, transactional contract management software platform that materially improves operating margins within days by replacing paper-intensive business processes. Agreement Express is the fastest, most affordable way to eliminate all document errors and data-entry. Customers include Questrade, Volusion, Billing Tree, HUB International, M&T Bank. Agreement Express is a registered trademark of Recombo Inc. All rights reserved.
For further information, contact:
Eddie Correia Managing Director, EMEA Agreement Express UK mobile: +44 (0) 7876 156 414 email: ecorreia@agreementexpress.co.uk
Ingrid Joffe Senior Marketing Manager Tel: 604 699 3045 E-mail: ijoffe@recombo.com
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