New Software Provides an All-In-One Solution for CRE

Real Clear Software is launching a RCS Portfolio, a new software that will house data in a single place. Real estate is largely a data-driven business, and real estate veteran Chris Sausser and Craig Morris saw an opportunity to bring a software program to the market that could help real estate professionals access and analyze data. They describe RCS Portfolio as “an advanced analytics and automation software that that solves  the problems of dispersed and uncorrelated data.” And, they think it is a game changer for the market.

“In 2015, our firm, SVN was hired by the CEO and counsel of a then 250-location US retailer that was wanting to expand to over 2,000 location. The client needed to improve their real estate planning, processes, location approvals, C-level reporting, lease administration, and store selection criteria in order to successfully execute their strategy to reach 2,000 locations,” Chris Sausser, CMO and a founder of Real Clear Software, tells GlobeSt.com. “They had the typical problems that many multi-location retailers face: dispersed and inconsistent data, manual reporting that didn’t track real estate KPI’s that impacted financial performance, and a reactive real estate team that was putting out fires and unable to create strategic value through real estate. They needed self-service analytics and automation tools that would combine real estate with financial and operational data, measure and track portfolio performance, and help them understand things like why some locations out-perform others.”

This was the inspiration for what would become RCS Portfolio. At the time, there was nothing in the market that could accommodate these needs. “After an exhaustive technology search, we learned there wasn’t really anything built for tenant occupiers, despite real estate being one of their largest fixed costs,” explains Sausser. “We had a broker friend who was also a talented developer and decided to create what turned into Real Clear. As other brokers and retailers saw and loved the software, we had that ‘ah hah’ moment and knew that this was a big void in the market and opportunity to help thousands of companies.”