International asset management firms still struggle with organised documentation arising from inconsistent naming conventions at a local, regional and national level. This leads to a loss of resources when the right documents cannot be located easily. However, with the introduction of Architrave’s international document classification standard, asset management firms will be able to easily identify, sort and access their asset documentation across the UK and other supported EU countries. This globally recognisable and comprehensive asset documentation system allows asset managers everywhere to hold and transact assets with ease and transparency.
Architrave, working alongside RICS and Drees & Sommer UK, is leading the way to revolutionise how real estate documentation is handled. This standardised document classification system has already been used for many years in Germany with significant results in reducing time spent on search and access to documentation. “We aim to eliminate chaos arising from the lack of document classification standards,” said Maurice Grassau, CEO of Architrave. “Our clients who have already adopted this standard in Germany have seen significant improvement in their workflows.”
More information you could find in the press release.