Stellent Releases New Features and Functionality for Real Estate Solution

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Stellent, Inc., a provider of content management solutions, announced significant new features and functionality for Stellent(R) SmartCabinet, a Web-based application that provides paper-intensive real estate companies and corporations with a platform to more effectively share and access business-critical documents -- including leases, franchise contracts, insurance policies, amendments and architectural drawings. The enhanced SmartCabinet application now offers real estate users more advanced contribution, customization, control, comprehension and collaboration features.

"We are pleased to provide to our real estate customers a practical, easy-to-use solution that enables them to manage the large amounts of information they handle everyday," said Dan Ryan, executive vice president of marketing and business development for Stellent. "Stellent SmartCabinet's enhancements will help users stay ahead of their competitors by allowing them to easily organize their business-critical documents and make this information readily available to their employees, franchisees, tenants, partners and vendors. This functionality allows our customers to close deals quicker, while at the same time saving money."

A number of leading real estate companies utilize Stellent technology to efficiently access, share and manage critical business information. These organizations include CB Richard Ellis, Shorenstein, The Kaempfer Company, Edina Realty, GMAC, Argent Real Estate, First Industrial Realty Trust, HCPI, NVM and Trizec.

"Stellent SmartCabinet helps us streamline some of our most critical business processes, improve productivity and reduce costs," said CeCe Brooks, director of property management for The Kaempfer Company. "Because we can provide secure, online access to our clients during refinancing transactions, we no longer have to make multiple copies of documents and ship them to investors for their use. In this instance, the enhanced features and functionality of Stellent's real estate solution have enabled us to decrease processing times and lock in rates faster."

Enhanced Ease-of-Use

The SmartCabinet application's new customization features enable customers to dynamically customize and manage their vendor, tenant and building information, including the ability to define and manage the number of drawers and folders within each cabinet. In addition, real estate users can leverage 20 text-description fields for classifying this information, making searching quick and easy. This enhanced version of the application also allows customers to easily reconfigure and customize cabinets to more closely mirror ongoing and new projects, as well as frequently changing business processes.

The SmartCabinet solution also provides real estate users more control over how and when internal and external parties access the solution. For example, users are automatically logged out of the system based on internal policies, and a user expiration feature better facilitates acquisition and disposition activities when working with third parties -- such as brokers or potential buyers.

Furthermore, the solution enhances user comprehension with a redesigned interface that streamlines navigation and improves access to system features; enables users to complete work with fewer clicks via new, menu-driven navigation functionality; and provides a personal page with customized dashboard information.

New Collaboration and Workflow Modules

For collaborative, team-based initiatives, Stellent offers the SmartCabinet Advanced Collaboration module that allows users to define and manage projects -- such as a building acquisition or disposition -- in a "virtual deal room" setting. With this module, real estate organizations also can seamlessly move business content and documents between the central SmartCabinet repository and collaborative project environment.

Complementing the SmartCabinet Advanced Collaboration module is the SmartCabinet Advanced Workflow module. This optional module provides users additional business process support, including the ability to place content and documents into a formal business workflow on an ad-hoc basis -- such as routing a vendor contract to an asset manager for review and approval. Criteria-based workflows also are supported, allowing content and documents to automatically enter into a business process based on pre-determined content workflow parameters.

Pricing and Availability

Stellent SmartCabinet is available either as an installed software package or as a rented, hosted service. Hosted service pricing is based on number of users, amount of storage used and a monthly access fee. Customers can purchase the SmartCabinet Advanced Collaboration and SmartCabinet Advanced Workflow modules as add-on features.

Stellent SmartCabinet Features

Stellent SmartCabinet provides paper-intensive real estate companies and corporations that have substantial property management departments with a customized, Web-based application for more effectively sharing and accessing critical business documents. The solution enables customers to securely store documents where they can be managed, accessed and shared by employees and partners via the Web whenever and wherever they are needed, helping them increase revenue, reduce costs and improve customer service and partner satisfaction by being more productive with the documents and information they utilize on a daily basis. For more information, visit www.stellent.com/realestate.

04.06.2004, Stellent, Inc.


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