Unlike other industry-leading organizations, many real estate companies are behind the curve when it comes to taking full advantage of new technologies, like data and analytics and artificial intelligence. Despite the current marketplace buzz around tools like robot process automation, the survey found that real estate organizations aren’t planning significant investments in these innovations in the near future.

The survey also found that most real estate organizations rely on one of two major vendors for their general ledger and other accounting functions. However, the use of the cloud to host these systems is prevalent.  Most notably, organizations still depend on Excel for other critical financial tasks, which can open them up to significant risks.

View our infographic for more details on the Real Estate Technology Trends Survey results.

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