Business SituationPrior to the development of the PEXA platform, participants in property transactions have had to complete transactions by undertaking manual processes heavily reliant on paper documents. This process is highly susceptible to errors and leads to many settlements not occurring when promised. Participants also have to physically attend settlements and there is a lack of transparency because they are not able to easily share status updates between themselves and the end customers. PEXA overcomes these issues by creating an electronic workspace that avoids the need for physical settlement and populates a common set of documents that can be viewed by all parties.
"We are very happy with the system as it is operating and has met our expectations to date. Looking into the future we are happy that Microsoft Dynamics AX will give us the agility to improve what we do."