Outside of the industry standard (Argus), what (if any) software are y'all using to speed up underwriting?
We've been "using" RedIQ, put in quotes because it really hasn't been beneficial. Outside of high level pipeline management I've been able to manage everything in Excel much easier.
Anyone using Archer? If so, do you like it and how much are you spending?
Based on the most helpful WSO content, Excel remains a popular choice for underwriting and pipeline management due to its flexibility and customization capabilities. While Argus is the industry standard, some users have expressed frustration with its limitations and prefer to manage their models in Excel for greater control.
Regarding other software options:
RedIQ: As you mentioned, it hasn't been particularly beneficial for your needs. This sentiment aligns with some feedback from others who find it less effective for detailed underwriting tasks.
Archer: Unfortunately, there is no specific mention of Archer or its effectiveness in the WSO dataset provided. If you're considering it, it might be worth exploring user reviews or reaching out to peers in the industry for firsthand insights.
Other Tools: Some alternatives mentioned for property management, asset management, and financial analysis include:
If you're looking for a streamlined solution, Excel combined with these tools for specific tasks might be a practical approach.
Sources: Open Source Argus, Open Source Argus, How to Convince My Boss to Include Excel Modeling Into the Job?, Real Estate Development Modeling, CRE Asset Management Learning Materials
Bump. Did you find anything here? I feel silly and disorganized using excel in 2025
Genuinely asking: why?
My old firm used a version of Salesforce which was quite clean and seamless to be honest. Very easy to track pipeline status, reference closed/dead/historical/etc deals, and find contact info for about any client + many other useful things. Wish I had that at my current.
That's what I'm hearing as I ask around. They say salesforce does a good job of pulling in external data and organizing it. Sure, you can do this in power query, but it doesn't scale the same way I don't think
Dealnav
Veritatis aut corporis sequi veniam est aliquid dicta. Iusto quibusdam at possimus animi vel aspernatur. Ut quis amet possimus accusantium perspiciatis neque eaque optio.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Aut autem consequatur dolor placeat delectus et ut. Deleniti nihil qui doloremque qui laboriosam quia voluptatem. Voluptatem qui reiciendis voluptatem. Sit ut a corrupti.