Knowledge · Industry knowledge

The five time sinks at property developers

Following up tasks, watching deadlines, building reports, hunting documents, keeping an eye on costs.

All entries

Time is not lost in the core business, it is lost in coordination.

The working day today

Development runs over years, steering happens week by week. Tasks, deadlines, reports and costs run across many parties and many systems. The overview has to be rebuilt every time.

Time sink 01 — Following up tasks

Tasks arise in meetings, e-mails and minutes. Spotting them, assigning them and following them up is ongoing manual work.

Hours per week: varies from client to client.

Time sink 02 — Watching deadlines

Deadlines, milestones and dependencies stretch across planning, permitting and construction. A delay is often only noticed when it triggers the next one.

Hours per week: varies from client to client.

Time sink 03 — Building reports

Project status comes from different systems and has to be prepared differently for shareholders, banks and partners. The content is the same, the work is new every time.

Hours per week: varies from client to client.

Time sink 04 — Hunting documents

Project papers, decisions and minutes pile up over years. Anyone who needs an old decision searches for it in the archive.

Hours per week: varies from client to client.

Time sink 05 — Keeping an eye on costs

Cost trends and deviations show up in individual items. By the time they are noticed in the overall figures, they have grown.

Hours per week: varies from client to client.

What can be automated

Tasks · Dates & deadlines · Reporting · Documents & knowledge · Risks & budgets

01 Tasks & measures — Recognise tasks from meetings, e-mail and minutes automatically, assign them and follow them up.

02 Dates & deadline tracking — Watch deadlines, milestones and dependencies automatically and warn when something slips.

03 Status reports & reporting — Bring project status together from different systems and prepare it as a report automatically.

04 Document & knowledge management — Structure project papers, decisions, minutes and relevant information centrally and make them quick to find.

05 Risks, budgets & deviations — Spot cost trends, delays and critical deviations early and make them visible.

What stays with people

Approvals, negotiation and judgement. The decision on budget, partners and timing stays with you.

How SAITS automates these five processes: AI for property developers.

Whether one of them is worth it is shown by four tests. How the first workflow comes about: How a first workflow goes live in four weeks.

Describe a process. We will tell you whether automating it pays — even when the answer is no.

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