Microsoft Date unknown
InvenTrust Properties Corp transformed real estate reporting 2 Innovativeness 2/5 Incremental 2/5 - Incremental. Modernizes reporting by consolidating data on Azure SQL and delivering near real-time Power BI dashboards, but the described AI/ML contribution is limited to analytics rather than novel AI techniques. InvenTrust Properties Corp, a leading multi-tenant retail real estate company, faced significant challenges in generating timely and accurate business insights needed for proactive leasing and property management decisions.Report preparation for monthly, quarterly, and annual financials often took up to three weeks, leaving little time for team members to conduct valuable data analysis or respond to ad hoc business requests.Slalom, the consulting partner, worked with InvenTrust to consolidate and standardize all company data, including financial actuals, CRM opportunities, budgets, forecasts, and demographic information, into a single SQL Server database hosted on Azure virtual machines.With the unified data platform, the team developed dozens of interactive Microsoft Power BI dashboards, giving business decision-makers on-demand access to critical property and business data.The dashboards allowed for visual, real-time analysis, enabling faster, more informed lease negotiations, forecasting, and property management decisions across InvenTrust’s 88 open-air shopping centers.The technology overhaul notably shortened the data compilation process from three weeks to just a few hours, freeing the accounting and leasing teams from manual reporting tasks and boosting their productivity.Business users, including leasing directors, now have access to mobile insights on-the-go, supporting rapid business decision-making in the field and direct competitive advantage in the leasing marketplace.Beyond providing reports, the transformation delivered hands-on Power BI training to employees, empowering them to create custom self-service dashboards as needed.This data strategy implementation positioned InvenTrust as an industry leader in leveraging data and analytics for commercial real estate management.
InvenTrust Properties Corp Real Estate