Innovation, Technology & Security

“Whilst the valuation profession hasn’t evolved much in the past 30 years, we certainly have! Preston Rowe Paterson thinks outside the box and utilises technologies and thought leadership to innovate”

Preston Rowe Paterson prides itself on providing innovative solutions to our clients. Doing things “the same old way” stifles innovation and we have worked with many clients to provide tailor made solutions to assist in their property decision making.

Our PRP Online software system is constantly evolving and being innovated to allow our team to not only gain efficiencies and consistencies, but to harness the power of data when we assist our clients.

Innovation
  • Konfushious -AI Co-Pilot™

In May 2024 Preston Rowe Paterson proudly launched our latest technology innovation, Konfushious AI Co-Pilot.

This cutting-edge tool is set to revolutionise our PRP Online Valuation Management platform by significantly enhancing valuer productivity and improving report readability for our diverse client base.

Konfushious AI Co-Pilot integrates seamlessly with our existing systems, providing our valuers with an intelligent assistant that not only speeds up the valuation process but also ensures the clarity and precision of every report we deliver.

At Preston Rowe Paterson we are committed to staying at the forefront of technology and innovation in the property valuation industry. The Konfushious AI Co-Pilot is a testament to this commitment, and we are excited about the enhanced value it will bring to our clients and partners.

Stay tuned for more updates as we continue to innovate and lead the way in property consultancy services.

  • Speak-Val™

Our latest innovation is a brand new concept developed by Preston Rowe Paterson – International Valuers and Consultants.

We call it Speak-Val™.

Speak-Val™ allows you hear key findings, warnings and alerts about a property directly from the valuer in an innovative 2-3 minute video presentation that you can view or listen to at your convenience.

Click here to find out more about Speak-Val™

  • Innovation Awards

Preston Rowe Paterson have been recognised by both of Australia’s leading property professional bodies for their Innovation.
In 2020, PRP were the proud winners of the (Royal Institute of Chartered Surveryors) ‘Innovation’ Award for our Occupant Assisted Inspection App in response to the COVID-19 pandemic and finalists in the API (Australian Property Institute) ‘Innovaton in Property’ award.

2021 saw PRP become a finalist in the RICS ‘Innovation’ Award again for Speak-Val™.

The Konfushious AI Co-Pilot project was announced as a finalist in the 2024 Australian Property Institute- Excellence in Property Awards in the Innovation category in August 2024

  • PRP Assist

In 2021, Preston Rowe Paterson released an exclusive Occupant Assisted Inspection Application called ‘PRP Assist’.
This application links directly to our internal valuation system called ‘PRP Online’ and assists us in conducting valuation assessments where physical inspections are not possible due to COVID-19.
The application allows the occupants of the subject property to answer a series of questions related to the internal and external make-up of their property and submit accompanying photographs through the PRP Assist portal. Once the occupant has submitted the data, it is then sent directly to PRP Online for our valuers to complete their valuation reports. The PRP Assist process complies with the API’s declared time of crisis and/or state of emergency valuation protocol guidelines.

Technology & Security
  • ISO 27001 Certification

    Preston Rowe Paterson has been awarded a ISO 27001 certification. Recognised as the international standard for best practices in information security management systems (ISMS), ISO 27001 certification clearly demonstrates PRP’s commitment to providing their customers with the highest level of information security management.

    The ISO 27001 certification recognises PRP’s impeccable security standards and continues to reassure to our customers, shareholders and business partners that we prioritise protection of their data.

    ISO 27001 is a stringent international standard published jointly by the International Organisation for Standardization (ISO) and the International Electro Technical Commission (IEC). ISO 27001 mandates controls to establish, maintain, certify and ensure continual improvement of an ISMS. Certified organisations have established protocols to protect information assets from any cyber threats such as criminal activity, fraud, user errors and external parties.

 

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