"I am not sure an industry-wide platform is critical. This industry is asleep," says Jeff Harris, CFO for Houston-based Boxer Property. That is why those who embrace new technology and try new ways of implementing are growing, but those who continue to do business the same old way will fall by the wayside." But Chris Cook of Austin-based SiteStuff.com believes that processing real estate transactions through e-commerce tools could save millions of dollars.

Arthur Andersen has hired California-based diCarta to provide its first Web-based contract management solution to automate the entire contract lifecycle. According to Andersen, the product will allow companies to reduce financial and legal risks and lower contract negotiation time and administrative costs by 50%.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.