by Brianna Crandall — October 22, 2018 — Workframe, the collaboration and workflow optimization platform purpose-built for commercial real estate (CRE) teams, just announced landmark upgrades to its platform, including enhanced functionality for enterprise-scale corporate tenants. Designed to further increase the time and cost savings Workframe provides to CRE teams, the upgrades will allow customers to more effortlessly manage build-out and operations projects across their portfolio of locations through a suite of sophisticated project tracking, task management and collaboration tools.
Founded in 2016, Workframe was designed to drive collaboration and efficiency on real estate projects, with a specific focus on corporate real estate managers, facilities managers (FMs) and workplace designers. The platform serves as a central communication hub for real estate initiatives of any scale — enabling professionals to more effectively manage tasks, collaborate around critical project documents, and identify sources of risk — and helps users avoid unnecessary mistakes that result in project delays and cost overruns.
In addition to the new functionality for managing a portfolio of projects across multiple locations, which will be particularly valuable to companies with large real estate footprints, Workframe also released several other upgrades to its core task and document management capabilities and significantly improved the application’s overall user interface.
Workframe CEO Robert Moore remarked:
Workframe has already established a reputation for its ability to streamline processes across internal and external project teams, but we recognized that our solution could be optimized for large organizations who manage multiple real estate initiatives at any point in time. With our new portfolio management tool, which has undergone rigorous user testing pre-roll-out, we’re enabling commercial real estate professionals to gain unprecedented clarity into the progress of initiatives on a much larger scale.
With its powerful functionality, Workframe has quickly attracted a client roster that includes large corporate tenants, landlords and brokers who utilize the platform to simplify the process of finding, building out and managing corporate office spaces. Corporate tenants that utilize the Workframe platform for their global real estate needs include Fortune 500 companies across the financial services, technology and media sectors.
With the ability to streamline workflow and communication across large portfolios of locations and projects, we’re confident that we’ll continue to receive buy-in from forward-thinking CRE professionals who are intent on driving efficiency through improved operations. We created Workframe because we observed that cross-team collaboration represented such a significant pain point for the industry, and realized that technology could play a major role in solving this problem. We’ve been able to achieve such quick success because of our commitment to continually enhancing the platform’s functionality to meet our customers’ needs, and we’re excited to continue those efforts in the coming months.
These upgrades are the latest of a series of significant announcements from Workframe. Over the summer, the company announced the launch of its iOS app, which allows on-the-go professionals such as FMs to receive the benefits of Workframe by communicating and executing tasks with team members in real time. In May, the firm raised $9.5 million in Series B funding in a round led by CRE advisory firm Newmark Knight Frank, which is also deploying Workframe across its service lines nationwide. With the funding, Workframe has fast-tracked its product development, and anticipates rolling out continued platform upgrades.
For more information, visit the Workframe website.