Easy to Configure. Easy to Use. Powered by AI.
REmaap is an AI-Supported Real Estate Migration & Abstraction Platform. It combines three essential elements of a CRE project (workflow, data, and documents) into one highly configurable, centralized platform where all team members can go to manage lease data and deliver on distinct and essential day-to-day tasks.
AI "Ask Me" - EXCLUSIVE!
Ask questions on a single or multiple leases, and get a response in English even on foreign language leases with quick links to content used to generate the response.
Integrated Communication Hub
Maintains all related communication within an intuitive user interface to ensure seamless collaboration and easy review of conversations and updates.
Natural Language Processing (NLP) Automation
REmaapAI utilizes NLP to automatically annotate 63 clauses, critical dates, and currencies within agreements; significantly reducing abstraction process time.
Custom Notifications and Email Alerts
Users can set up automated alerts to receive notifications when items are moved into their queue or require a response, enabling timely actions and enhanced productivity.
Actionable Analytics
Combines REmaap data with data from your Property Management Systems to build reliable, accurate reports that can be shared and acted on with confidence.
Lease Comparison Scores
Leverages comparison score to show similarities in lease language between selected leases; side-by-side view highlights differences.
Reliable Data
Delivers cleaned, most up-to-date data for accurate reporting, budgeting, and forecasting.
Easy Integration
Adaptable integrations with various CRE systems, including APIs, ETL, and web services. Enables bi-directional exchange and synchronization of data, ensuring compatibility and scalability.
Highest Quality
Business rules engine exclusive to NTrust combines features and an intuitive interface with validation scripts and application intelligence that assure highest quality results.
REmaap AI Use Cases
REmaap AI Use Cases
REmaap AI is a comprehensive platform designed to enhance efficiency in commercial real estate (CRE) operations through advanced automation and data integration. Below are detailed use cases that highlight how REmaap AI can transform various processes within the industry.
Lease Abstraction
REmaap AI allows users to view and query lease data effectively. The platform utilizes natural language processing (NLP) to extract critical information from lease documents, enabling users to ask specific questions about leases and receive accurate answers in plain language, even for foreign language leases. This feature significantly reduces the time spent on manual data entry and enhances decision-making capabilities.
Due Diligence
In the realm of due diligence, REmaap AI facilitates the abstraction and integration of lease data with Argus for robust financial modeling. This integration ensures that all financial assessments are based on accurate and up-to-date lease information, allowing stakeholders to make informed investment decisions.
Contract Creation
Users can collaborate on creating and managing leases and amendments through REmaap AI’s intuitive interface. This feature streamlines contract management processes, enhancing collaboration among team members.
CAM Reconciliation
The platform streamlines the annual reconciliation process for Common Area Maintenance (CAM) expenses. Users can track their annual reconciliations and recovery setups efficiently, ensuring transparency and accuracy in expense management.
AP Invoice Automation
With REmaap AI, organizations can automate the processing of Accounts Payable (AP) invoices seamlessly. The system integrates with existing payables workflows, reducing manual errors and improving efficiency in invoice management.
Bank Reconciliation
The platform offers tools to track the status of bank accounts and view daily cash positions. This feature helps organizations maintain accurate financial records and manage cash flow effectively.
GL Closure
Users can manage the monthly general ledger (GL) closure process for all properties within a centralized interface. This capability simplifies the closing process, ensuring timely and accurate financial reporting.
Data Aggregation
REmaap AI excels in automating data aggregation from various providers, making it easier for organizations to compile comprehensive reports from disparate data sources. This functionality enhances analytical capabilities and supports better decision-making.
Synchronize Systems
REmaap AI enables users to integrate budgeting and forecasting systems with accounting and leasing systems. This synchronization ensures that all financial data is consistent across platforms, facilitating better financial planning and reporting.
Cash Application Automation
The platform automates the processing of daily cash and check receipts, ensuring that all transactions are recorded accurately and efficiently. This automation reduces manual workload and minimizes errors in cash handling.
COI Tracking
The system provides a robust solution for tracking Certificate of Insurance (COI) compliance, ensuring that all necessary insurance documentation is current and accessible, thereby mitigating risks associated with non-compliance.
Utility Invoice Management
The platform tracks all utility invoices while gathering Environmental, Social, and Governance (ESG) data. This capability supports sustainability initiatives by providing insights into utility consumption patterns.
Sales Data Collection
REmaap AI enhances the sales data collection process by providing tools to track and analyze sales performance. This capability allows organizations to identify trends, optimize strategies, and improve overall sales effectiveness.
LOI Creation/Automation
REmaap AI simplifies the process of creating Letters of Intent (LOI) through automation tools that streamline document generation, ensuring consistency and accuracy in communications with potential tenants or partners.
What Our Users Say About Us
Our clients’ needs are at the center of everything we do. We deliver tailor made solutions, and work to minimize risk throughout the process to ensure a positive experience. And with a 98% retention rate, it’s the reason clients consistently refer to NTrust as a trusted partner.
Urban Edge
What we've seen is faster turnaround on our new leases and renewals getting them into the system faster with a better quality. The jobs of my lease administration team are now more of an analytical position as opposed to a data entry position, which then enhances their value for Urban Edge.
Dan Reilly
ShopOne
By contracting with a partner which is focused on providing timely, accurate, and cost effective solutions, we can focus our energies on what we see as our competitive advantage, which is asset management, leasing and financing. This enables us to focus our resources and energies, where we create value.
John Roche
High Gate
We partnered with NTrust to clean up and streamline the invoice processing for 100+ new properties we had recently acquired. By utilizing NTrust's services, we successfully decreased invoice processing time. Additionally, we were able to process more invoices with better accuracy
Jimmy Marks
Regency Centers
Partnering with NTrust has been instrumental in elevating our day-to-day lease accounting operations. Their commitment to excellence, innovative solutions, and unwavering dedication to our success make them an invaluable ally. At Regency, we view NTrust as an extension of our team and value how much their team seamlessly aligns with our objectives, whether through short term or long term projects. As we look to the future, I’m excited about the continuation of our partnership with NTrust, knowing that together.
Jill Caffey
Resources
AI Lease Abstraction Tools Already on the Market: Why They Are Not The Best
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Learn MoreHow ChatGPT Changed the Way CRE Thinks About Lease Abstraction
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Learn MoreNavigating the Future: The Integration of Generative AI in Lease Abstractions
The integration of artificial intelligence (AI) technology in lease abstractions is revolutionizing the way real estate professionals manage and extract crucial information from contracts.In
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