Digital transformation in the
real estate and construction industry

Set the right course in dynamic times with an efficient digital transformation. Use digitalization with professional process and risk management as an opportunity and success factor at the same time and react quickly and flexibly to smaller and larger crises in the future as well.

Challenges in the real estate and construction industry

From material shortages and the rising cost of raw materials to high interest rates and persistent inflation, numerous factors are currently posing major challenges to the real estate and construction industries. The new normal after the Corona pandemic is characterized more than ever by crises such as the current cost explosions and is placing a heavy burden on the industry. A hoped-for digitalization boost has also largely failed to materialize so far. However, in order to be prepared for all possible crises and challenges in the future, the use of digital technologies is essential. Digitalization and automation are essential keys to responding flexibly to changing requirements and successfully mastering critical factors such as

  • Rising costs for construction materials and personnel
  • Worldwide transport bottlenecks
  • Shortage of skilled workers
  • High interest rates and persistent inflation
  • New importance of environmental, social and corporate governance (ESG) factors

Only in this way can real estate and construction companies effectively counter new crises and continue to hold their own on the market in the long term.

Solutions for the real estate and construction industry

Primarily due to the Covid 19 crisis and global economic situation, the real estate and construction industry is facing challenges that could affect a decade's growth and needs to act now. Professional Business Process Management (BPM) helps lay the foundation for transparent production, supply chain, inventory and distribution processes, achieve end-2-end cost transparency and simplify compliance with regulatory requirements such as ESG in a management system.

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Transparent modeling, analysis, optimization and control of your business processes
Model and analyze your processes, identify potential savings in commercial and residential property management, and easily meet standards such as ISO 9001 or 14001.

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Process automation and workflow management as innovative drivers for your digital transformation
Identify hidden automation potentials, transform repetitive activities into tasks automated by bots and initiate the digital transformation in your company.

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Established governance, risk and compliance (GRC) management for full transparency and legal compliance
Document, track and report compliance with national as well as international regulations with a focus on ESG and gain visibility into your GRC operations.

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Data-based analysis and process optimization for higher efficiency, productivity, and process excellence
Uncover hidden process inefficiencies in your operations, simulate potential improvement suggestions, and optimize your core business processes using real-time data.

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BIC is the perfect software for our needs because it adapts to our business processes. The business and technical expertise at GBTEC also played a key role in our decision.

Felix StreibichInformation Security Officer / Information Security Specialist, Deutscher Sparkassen Verlag GmbH

Make data-driven decisions with BPM software

Many real estate and construction companies still use outdated software solutions for their projects that were originally developed for other purposes and do not meet today's requirements. Time-consuming, manual processing steps, complicated forwarding of documents and non-transparent processes are usually the result and make everyday work as well as project progress more difficult. Even if a lot of data is available, the necessary knowledge as well as the appropriate software to make forward-looking decisions on a data basis is missing. Modern solutions support the active approach to change and the use of new digital technologies instead of falling back on tried and tested means. Professional BPM software enables companies to achieve holistic process management with a focus on efficient processes and offers numerous advantages:

  • Target-oriented modeling, analysis and optimization of processes
  • Absolute process transparency
  • Problem-free compliance with quality standards
  • Audit-compliant management, testing and release
  • Increase in customer satisfaction

With the BIC Platform's process management tool, BIC Process Design, you create an ideal prerequisite for the long-term success of your company and design your business processes in a simple, efficient and compliance-compliant manner.

Would you like to learn more about digital transformation with BIC in the real estate and construction industry?

We support you in the digitalization of your business processes and advise you individually on all challenges in the real estate and construction sector. Benefit from our professional and technical expertise and start your technological transformation with us.

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