All Prophia Reviews
1-21 of 21 Reviews
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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.
Austin
Commercial Real Estate, 11-50 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 2022
Excellent for Lease Review
Fantastic
PROSProphia 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.
CONSOne 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
OVERALL RATING:
5
EASE OF USE
5
FUNCTIONALITY
4
Reviewed October 2023
Overall great experience
Easy to pickup from first try, and ability to access easily.
CONSNo 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
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2023
Prophia Review
The ability to easy find clauses in leases and especially to search for all documents related to a tenant rather than individually by lease
CONSEverything was great, I did not have any issues.
Franziska
Real Estate, 10,000+ employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
FUNCTIONALITY
5
Reviewed October 2023
Prophia is a Must Have
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
CONSI 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
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.
PROSEase of accessing lease information and language on a regular basis.
CONSLease uploading sometimes takes longer than anticipated.
Jack
Real Estate, 11-50 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2022
Awesome Tool!
Love it!
PROSEasy to use and a very useful software. Captures all what you need from your Lease and other documents. This is super cool!
CONSThere is nothing to dislike about this software really.
Christie
Real Estate, 11-50 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2022
Amazing!
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!
CONSthat 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
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2022
Lease Management
We mainly use the Lease Summaries and Encumbrances Report. It is also nice to go to Rights & Options within the individual Tenant Leases.
CONSCustomizing certain reports such as a Rent Roll
MaryMichael
Real Estate, 201-500 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 2022
Firs time review
Great
PROSI love the lease of finding details in lease documents
CONSStacking 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
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2022
Tim Conway
excellent product
PROSease of accessing source document information
CONSPrice 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
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
PROSi really like Prophia in concept. it is easy to access quickly and delivers reports without waiting for downloads.
CONSi 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
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.
PROSI 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.
CONSI don't currently have any complaints or issues with Prophia.
Cam
Real Estate, 51-200 employees
Used monthly for less than 2 years
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
The apps document search figure results in a ton of time saved when trying to find a term in a series of lease documents.
CONSIt 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
OVERALL RATING:
4
EASE OF USE
4
FUNCTIONALITY
4
Reviewed October 2023
Prophia is on point.
I like it and would recommend it.
PROSI like Prophia due to its ease of access & use very quickly.
CONSI 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
OVERALL RATING:
5
EASE OF USE
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2023
lease review
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.
CONSReport 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
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2022
Feedback
User-friendly site, searchability of lease document language, and the flexibility of reports.
CONSThe visual stacking plan generated seems to have inconsistencies