Streamlining Real Estate Contract Management with MFDConnect, DAC
A leading California real estate company partnered with FabSoft to overhaul its document approval workflow using MFDConnect, Document Authority Control, and Tag Doc.
Quantifiable Results
- Reduced document processing time by 62% (from an average of 4.5 days to 1.7 days per contract)
- Error rate in document routing dropped from 12% to under 1.5% within the first 90 days
- Processed 8,400 real estate documents in the first 60 days post-implementation
- Cut manual data entry hours by 75%, saving approximately 320 staff hours per month
- Achieved a 98.5% first-pass approval rate, up from a 71% baseline prior to deployment
Baseline Comparison
Before implementing MFDConnect and DAC, the company manually processed real estate contracts with an average turnaround of 4.5 business days and an error rate of 12%, often requiring rework due to misfiled or duplicate documents. After deployment, turnaround time fell to 1.7 days and error rates dropped below 1.5%, demonstrating measurable efficiency and accuracy gains directly attributable to the new document capture and authority control solutions.