At its foundation, Prophia brings value with efficiency and risk management within your portfolio. The secondary layer is what you do with that data to define and differentiate yourself as an organization.
– Managing Director, Spear Street Capital
Frequently Asked Questions
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Can Prophia extract old, difficult-to-read documents?
Yup! Prophia’s advanced machine learning (ML) and human review techniques are able to recognize and synthesize over 200 CRE terms. It doesn’t matter if the document was created a month ago or over three decades ago, Prophia treats pristine lease contracts and those with smudges and handwritten notes in the margins as equals… just as long as they’re in PDF form! -
What is the accuracy?
We perform our own accuracy due diligence against every CRE document that is uploaded onto the platform. This includes accuracy checks performed by the AI itself as well as due diligence performed internally by our team of CRE experts and customer advocates.
Once a document is cleared and any outstanding notes and tasks are reviewed and closed by Prophia’s team, all lease summaries and reports are populated with hyperlinks that lead back to the original source document. The ability to update and upload renewals, amendments, or concepts also ensures all Prophia-synthesized data is accurate throughout the life of on-going contracts.
With these checks and balances in place, Prophia is able to maintain over 99% accuracy in its data. -
Does Prophia integrate with other systems?
Yes. Prophia is committed to getting customer’s data wherever it needs to be. In addition to downloading data into CSV and PDF, customers can export their data via Prophia APIs to third party databases, or leverage custom integrations that Prophia has with Yardi and MRI to push data into those systems. Prophia is also committed to partnering with other institutional CRE tools to better serve our customers, so this list will only continue to grow. -
What document types does Prophia support?
PDF file. We can store other file types but do not process. -
Which property types does Prophia support?
Any property within the Retail, Office or Industrial asset classes. -
How many users can we have on an account?
There is no limit, as we do not charge per user. You can give access throughout your organization (asset management, leasing, accounting, legal) as well as operating and equity partners, third-party property managers, leasing agents, etc.
Already a Prophia user? You can adjust your user settings here: Prophia User Settings Support. -
Can we control who has visibility into certain assets?
Yes. You have the ability to customize the permissions of each user on your account.
