Arcplace and Verit Immobilien offer automated change of mandates

Zürich , August 2022

The IT service provider Arcplace and Verit Immobilien have launched a joint solution for changing property management. With the help of artificial intelligence, it automates the transfer of extensive document storage.

The Zurich companies Arcplace and Verit Immobilien have jointly developed a solution for changing property management. According to a press release , it covers the entire process of handing over documents when there is a change of mandate, from scanning to automatic classification and indexing of the documents to archiving.

The new solution automates these processes by up to 90 percent and thus reduces the effort by up to 60 percent. According to the information, the end-to-end solution is new in the industry.

The transfer of extensive dossiers when there is a change of mandate in real estate management has so far represented a major challenge. Because a newly commissioned real estate management company has to transfer the paper or PDF documents from the old administration to the company's own filing structure.

This involves a lot of manual effort, since the documents are often first printed out and then scanned in again. They then have to be sorted, reorganized and re-cataloged.

With the new solution from Arcplace and Verit Immobilien, digital access to mandates based on artificial intelligence takes over a large part of these tasks. This is "trained in advance for the property-specific documents and the administration's own filing structure," says the media release. "The manager only has to intervene if the artificial intelligence in a document shows too much uncertainty," says Martin Frei, Chief Digital Officer at Verit Immobilien.

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