Are you looking for ways to take back your time and boost efficiency?
Time blocking, the Pomodoro method, and other time management strategies can help you save some time. However, there’s only so much these strategies can do to help you and your team take back your time and get more done.
If you’re looking for the best way to save time and boost efficiency, back office software is the way to go. The right back office software can streamline your entire back office, remove bottlenecks, and help you grow your brokerage.
Wondering how? We’ll cover 6 quick tips to help you save time and get more done with back office software. Let’s take a look at the first tip – consolidate your back office.
The first quick way to save time and boost efficiency is by consolidating your back office.
Your back office consists of transaction management, commission calculation, accounting, agent management, reporting, and more. Separate solutions for every aspect of your back office can waste time and slow down your team. You and your team have to spend time searching through several tech tools to find what you need.
Instead of managing your back office with multiple solutions, you should consolidate it into one, complete back office platform. With a consolidated platform, data flows seamlessly between your back office systems. This makes it easy to find what you need when you need it.
By consolidating your back office tech, you and your team can quickly find what you need – saving hours every week and helping you get more done.
Another quick way to take back your time and get more done is by using back office software to reduce data entry.
Traditional back office management requires a lot of manual data entry. Your team has to enter data for transaction management, commission calculation, accounting, reporting, and more. This data entry can require hundreds of hours a year – keeping your team from focusing on high-value activities (like managing more transactions).
With back office software, you can reduce manual data entry to save your team hours a week. The right back office software can automate data entry and transfer. That way, your team can condense hours of data entry into a few clicks – freeing them up to get more done.
Along with reducing data entry, you can also save time and get more done with back office software by removing transaction management bottlenecks.
Manual transaction management is often slowed by bottlenecks, like agents forgetting transaction steps and manual data entry. These bottlenecks can slow your brokerage down. And, they keep your team from closing/managing as many transactions – hurting brokerage growth.
The right back office software can remove transaction bottlenecks. Transaction checklists ensure agents never forget transaction steps. Automated data entry can speed up transactions by hours. And, automatic record keeping makes it easy to ensure compliance, preventing time-consuming headaches down the road.
By removing transaction bottlenecks, back office software can speed up your transaction management process, save agents and staff time, and empower your team to get more done.
Finding optimization opportunities with back office reporting and analytics is another quick way you can save time and get more done.
Reporting and analytics can give you valuable insight into your brokerage. The right reports can help you find opportunities to boost revenue, increase efficiency, and bring down costs. However, it can take weeks to manually create brokerage reports. This is not only a time waster for your team, but it can also lead to missed opportunities to grow your brokerage.
With the right back office software, you can generate brokerage reports in minutes. This software can quickly generate reports on sales volumes, listings, lead performance, agent performance, franchise reports, and more. These real-time reports make it easy to spot opportunities to help your brokerage grow.
Quickly generating real-time reports with back office software can save your team time while helping you to make the most of brokerage opportunities.
You can also save time and boost efficiency by automating commission calculation.
To calculate commissions, your team has to pull agent and transaction data, calculate commissions using the right formula, move the data to accounting, and then pay agents. Completing these steps can take hours, days, or even weeks for your team – stopping them from focusing on high-value tasks. Plus, slow commission payout can cost you your best agents.
The right back office software can automate your commission process. This software can automatically find and pull the right data, put it in the right formula, calculate commissions, and transfer the commission data to accounting. With back office commission automation, your team can calculate commissions in minutes – freeing them up to focus on managing more transactions.
Back office software can automate your commission process to save your team time, help them get more done, and retain your top agents.
One last way you can save time and get more done is with agent goal setting and tracking.
Your brokerage growth and revenue depend on your agents. That’s why it’s important to make sure agents are on track and maximizing performance. However, setting and tracking goals for every agent can be time-consuming – reducing the time you have to focus on everything else.
Back office software makes agent goal setting and tracking quick and easy. You can help agents set their goals digitally. And, you can quickly check agent goal progress with an easy-to-understand dashboard. That way, you can help keep agents accountable in minutes – giving you more time to focus on other brokerage growth activities.
With the right back office software, you can help agents set and meet their goals in less time – empowering you and your agents to get more done.
Taking back your time can help you and your team get more done to grow your brokerage. The best way to save time and get more done is with tech. With the right back office platform, you and your team can remove bottlenecks, increase efficiency, and accomplish more.
Back office software can help you save time and boost efficiency with quick changes like – consolidating your back office, reducing data entry, removing transaction bottlenecks, spotting opportunities with reporting/analytics, automating commission calculation, and keeping agents on track.
If you’re looking for the best back office software to save time and maximize productivity, Brokermint is the way to go.
Brokermint’s complete, cloud-based back office software helps you consolidate your back office. Plus, Brokermint’s automation helps you reduce data entry, remove transaction bottlenecks, and automate commission calculation. With Brokermint’s reporting/analytics module, it’s easy to spot opportunities. And, Brokermint makes it a breeze to track and set goals with agent management.
Together, Brokermint’s five modules – transaction management, commission automation, accounting, agent management, and reporting/analytics – have everything you need to streamline your back office. That way, you can get more done to grow your brokerage.
Book your Brokermint demo today to see how you can save time and get more done with back office software.
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