Struggling to keep your real estate financial models under control? What if you could streamline your processes with accurate, accessible data without giving up the flexibility of Excel?
In our previous posts, we’ve discussed the challenges of using Excel for financial modeling and how Pereview overcomes those challenges. For the final post of our three-part series, we answer some common questions we receive about how Pereview integrates with financial models and improves real estate data management.
Multiple model templates
One of the most frequent questions we hear is how Pereview manages different model templates across different sectors, such as:
- Multifamily
- Industrial
- Office
- Retail
- Hospitality
- And more
Every team often has unique templates they rely on. Pereview offers flexibility by either:
- Aggregating common data from all models into one central system, or
- Building custom upload sheets tailored to each model.
This means your CRE portfolio management team can continue to use the templates that work best for them, while Pereview ensures everything is integrated seamlessly.
Bespoke models
For teams with highly customized or bespoke models for each deal, Pereview provides an elegant solution. We design a single, abstracted upload sheet that includes essential elements like:
- Cash flow schedules
- Key metrics
- Property data, and more
This upload sheet allows you to map each deal’s unique data into a centralized system without losing the granularity of your individual models. This approach ensures consistency and accuracy, while still respecting the nuances of each deal.
Replacing Excel?
A common concern among clients is whether Pereview will replace Excel. The simple answer is no! Excel remains the go-to tool for many real estate professionals, and we understand its value.
Rather than replacing Excel, Pereview enhances it. By tethering your Excel models to Pereview’s centralized system of record, you maintain the flexibility and familiarity of Excel with the added benefit of a comprehensive, real-time database. This integration allows for better reporting, accurate data, and team collaboration – without having to change your existing processes.
The power of integration
At the core of Pereview is the ability to bridge the gap between Excel and a centralized data management system. By connecting your financial models to Pereview, you unlock a range of benefits – from streamlined reporting to more efficient data reconciliation.
Your real estate asset management team can work faster, with more accuracy, and without the risk of human error.
Additional reading in this series
Limitations of Excel for financial modeling in real estate asset management
How Pereview’s asset management platform solves common financial modeling challenges
Want to learn how to transform your data management? Schedule a 15-minute conversation below.
