SAN FRANCISCO—CRE investment firms are increasingly benefitting from a rich and maturing landscape of specialized software tools designed for their needs. From property data services like CoStar, transaction management services like Dealpath and leasing and asset management services like VTS, there are powerful platforms driving commercial real estate into the future.

While valuable technology is readily available, change management to transform organizations and processes can be a challenge. With new potential for creating value, firms need to be proficient at both evaluating available solutions as well as deploying them effectively to achieve the desired level of adoption.

As a CRE software platform provider, Dealpath has worked with hundreds of CRE investment firms and identified the crucial best practices for both software evaluation and adoption. Proper software evaluation is not a task taken lightly and requires further in-depth exploration to be covered later. In this piece, we'll review five best practices for the adoption of new software and systems.