Prophia
About Prophia
Prophia Pricing
Prophia offers packages on a project basis, priced per tenant, and a subscription model, priced on a per square foot basis.
Free trial:
Not Available
Free version:
Not Available
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Most Helpful Reviews for Prophia
1 - 5 of 21 Reviews
Will
Real Estate, 51-200 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed August 2022
Excellent for companies of virtually any size.
We are able to synthesize complicated, multi-tenant properties into a single dashboard. What would have taken an enormous amount of additional time at virtually every juncture is now distilled down to a single user interface that is searchable. We can now rely on the fact that the leases are thoroughly indexed, which gives us confidence that we can utilize a single method for collecting this data, which is a consistency we will need as our company continues to grow its headcount.
PROSProphia allows us the ability to actually trust that a lease abstract is correct. Often, we purchase or refinance a property and then rely on subjective updating of abstracting by either an AM or a PM. Prophia takes the guesswork out of that equation and keeps the property information up to date in real time.
CONSWe were an early adopter, and the features change almost monthly. Bulk downloads of lease data was not something that could be done in the earlier versions, and they have not corrected this. As such, there are no real issues that I have with the software any longer.
Michael
Real Estate, 2-10 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2023
A must have for any CRE professional
Prophia has been a lifesaver. We are a small CRE team with a proportionally large portfolio. By leveraging Prophia, we're able to have organized and accessible lease data similar to our larger CRE counterparts. I personally use the lease summary feature the most, which functions as a virtual lease abstract and allows you to dig into the source documents using the hyperlinked lease data. I also use the portfolio level reporting, specifically the critical date reports. This report allows us to be proactive, rather than discovering a renewal coming up at the last minute.
CONSNothing in particular! It's an excellent tool that accomplishes what it sets out to do.
Cindy
Real Estate, 501-1,000 employees
Used weekly for less than 12 months
OVERALL RATING:
3
EASE OF USE
3
FUNCTIONALITY
3
Reviewed October 2023
Review
Training by Prophia was weak, should have been more example based.
PROSOption to search by word is the most important
CONSI feel like the portal is not that user friendly. And when you have search results, when you go back, it takes you out completely of the search in some cases.
Kellie
Real Estate, 11-50 employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
3
Reviewed August 2022
Amazing time saver, could be better with key improvements
Overall its excellent and has been a huge timesaver for me and the team.
PROSI love the aggregation, I love the generated stacking plan (but its not printable) and I love the searchability and abstracting of leases. Also the reporting functions (also could be improved)
CONSI feel like I need a better feedback loop to report AI errors. If I'm doing a lease review, I don't want to stop what I'm doing, look for the customer success email, bring up an email, type in my issue and then keep working. It interrupts the flow, especially when I'm reviewing multiple leases (which I do). I want to be able to , from the page I am on, report the error on the interface and have it routed to the right person who will follow up. he technology isnt "perfect" enough to not have this. Theres a bunch of bad data in there that I don't have time to fi9x because of the above problem.
Jack
Real Estate, 10,000+ employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2022
Prophia an essential and easily adapted tool
I couldn't be more pleased with a product.
PROSThe ease of use and the ability to quickly find specific lease language
CONSThe look of the stacking plan could be improved.