All Prophia Reviews

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Will

Real Estate, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

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.

PROS

Prophia 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.

CONS

We 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

Review Source: Capterra
This review was submitted organically. No incentive was offered

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

PROS

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.

CONS

Nothing 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

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

3

EASE OF USE

3

FUNCTIONALITY

3

Reviewed October 2023

Review

Training by Prophia was weak, should have been more example based.

PROS

Option to search by word is the most important

CONS

I 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

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

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.

PROS

I 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)

CONS

I 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

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

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.

PROS

The ease of use and the ability to quickly find specific lease language

CONS

The look of the stacking plan could be improved.

Austin

Commercial Real Estate, 11-50 employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

Excellent for Lease Review

Fantastic

PROS

Prophia makes it easy to extract and reference important information from lengthy lease documents. This alone makes the software invaluable and saves users a tremendous amount of time.

CONS

One feature is that when I click on a document, a new browser tab opens up and I end up having several tabs open which becomes difficult to navigate. Would be easier if the document opened up in the same tab.

Joe

Real Estate, 51-200 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

4

Reviewed October 2023

Overall great experience

PROS

Easy to pickup from first try, and ability to access easily.

CONS

No ability to go back in time to verify occupancy, etc. Also do not like the additional security verification emails needed to access the platform

Skylar

Real Estate, 5,001-10,000 employees

Used weekly for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2023

Prophia Review

PROS

The ability to easy find clauses in leases and especially to search for all documents related to a tenant rather than individually by lease

CONS

Everything was great, I did not have any issues.

Franziska

Real Estate, 10,000+ employees

Used weekly for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

5

Reviewed October 2023

Prophia is a Must Have

PROS

Prophia is extremely user-friendly. I love the fact that all documents are in one place and that you can easily search your leases or jump to specific sections. It saves a lot of time

CONS

I have nothing but great feedback. I love the software and feel everyone should have it.

Joseph

Real Estate, 11-50 employees

Used weekly for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed October 2023

Prophia has helped us work more efficiently.

Very positive, good customer support and helps me work more efficiently.

PROS

Ease of accessing lease information and language on a regular basis.

CONS

Lease uploading sometimes takes longer than anticipated.

Jack

Real Estate, 11-50 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

Awesome Tool!

Love it!

PROS

Easy to use and a very useful software. Captures all what you need from your Lease and other documents. This is super cool!

CONS

There is nothing to dislike about this software really.

Christie

Real Estate, 11-50 employees

Used weekly for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

Amazing!

PROS

The lease abstract feature is so helpful. Not only does it call out all of the critical dates, but it also links you to where that data is found in the applicable lease or amendment. I only wish I knew about Prophia earlier!

CONS

that you have to use the double finger scroll when you go through search results.

Tamara

Real Estate, 2-10 employees

Used weekly for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

Lease Management

PROS

We mainly use the Lease Summaries and Encumbrances Report. It is also nice to go to Rights & Options within the individual Tenant Leases.

CONS

Customizing certain reports such as a Rent Roll

MaryMichael

Real Estate, 201-500 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

Firs time review

Great

PROS

I love the lease of finding details in lease documents

CONS

Stacking plan, we have 2 different towers in one portfolio and it looks very confusing

Tim

Real Estate, 51-200 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

Tim Conway

excellent product

PROS

ease of accessing source document information

CONS

Price is always an issue for any service like this so I would prefer that the cost comes down.

Reason for choosing Prophia

product quality

Marc

Commercial Real Estate, 201-500 employees

Used daily for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

3

FUNCTIONALITY

4

Reviewed October 2023

as a novice

new to the system but anxious to dive deeper into it

PROS

i really like Prophia in concept. it is easy to access quickly and delivers reports without waiting for downloads.

CONS

i found one miss from the system which could have cost us big time

Andy

Real Estate, 11-50 employees

Used weekly for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

FUNCTIONALITY

5

Reviewed October 2023

Lease Abstraction Software at its Finest

Prophia is able to abstract our leases at a high rate and then we are able to go into the software and find key data points quickly with high confidence they are accurate. One of my accountants was able to build a custom report to give us data related to CAM language and this has sped up setting up the tenant data in our accounting software.

PROS

I like the ease of searching the lease document with Prophia. I can use keywords and it returns the sections I need when researching a lease. I like that there is a human double checking the AI extraction of the data.

CONS

I don't currently have any complaints or issues with Prophia.

Cam

Real Estate, 51-200 employees

Used monthly for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed October 2023

Good tool for aggregate document search

PROS

The apps document search figure results in a ton of time saved when trying to find a term in a series of lease documents.

CONS

It would be helpful to be able to search all documents in a building rather than just all documents pertaining to one tenant.

Gael

Commercial Real Estate, 51-200 employees

Used monthly for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

4

FUNCTIONALITY

4

Reviewed October 2023

Prophia is on point.

I like it and would recommend it.

PROS

I like Prophia due to its ease of access & use very quickly.

CONS

I feel like it could be doing more, and probably does but I haven't been able to explore yet.

Kelly

Real Estate, 11-50 employees

Used monthly for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2023

lease review

PROS

easy to find what I was looking for. I can simply click on the title, and it will show me the page on the lease.

CONS

Report can be more efficient, if I can go back where I was after click on a tenant to view. "I created a percentage rent report. every time I click on a tenant to view, I have to rerun the report again to go back to where I was."

Janet

Real Estate, 10,000+ employees

Used monthly for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

Feedback

PROS

User-friendly site, searchability of lease document language, and the flexibility of reports.

CONS

The visual stacking plan generated seems to have inconsistencies

Showing 1 - 21 of 21 Reviews