Articles
Leverage EMC Documentum And EMC Captiva To Boost Productivity And Profitability
February 20, 2008
•Case Study: Leverage EMC Documentum And EMC Captiva To Boost Productivity And Profitability
As one of the nation's leading investors of equity capital for multi-family housing, Boston Capital underwrites and acquires 80–100 properties annually. The company's acquisition teams work one-on-one with developers to assist them in all aspects of real estate development and financing.
The process of putting together real estate deals—involving acquisition, financing, and management—is highly transactional and generates large volumes of content. Documents can be hundreds of pages and range from leasing and financing origination paperwork to market analysis reports and construction drawings. Previously, all processes for creating, approving, and accessing this information were manual and paper based.
"Documents were stored on isolated hard drives, in e-mail folders, or in binders on people's desks," said Brian Madden, director of information technology at Boston Capital. "Our direct costs for onsite and offsite document storage were growing rapidly as well as the administrative costs for filing and photocopying all of that paper. And our indirect costs were also increasing proportionally—from the time it took to search for a document to the time wasted working on incorrect versions."
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