yardi systems - Property Week

YARDI SYSTEMS
Full Business Solution for Real Estate Investment,
Asset and Property Management
“Our goal is to continuously improve the quality of our service to
clients and to enhance performance and we view Yardi’s platform
as a strategic tool to help support our property fund business to
this end.”
Roger Lees
Chief Operating Officer | Schroders
“In looking for an end-to-end solution satisfying the needs of our
fund management and real estate management activities, we have
chosen Yardi, as all our requirements were met best. The system
supports us and our operating partners to go the long way from an
invoice to the monthly net asset value.”
Herwig Teufelsdorfer
Member of the Board | HYPO REAL Invest AG.
“The transparency obtained through the in-depth reporting of
Yardi’s Investment Management solution enables us to offer our
clients a strategic service based on real time business intelligence.
Instant access to investment performance information as well as
fund and portfolio analysis means we can make quick, critical
business decisions based on accurate, real time facts.”
David Smith
CFO | McCafferty Asset Management
About Yardi Systems
Since 1984, Yardi Systems has been solely committed to the
design, development, and support of real estate property
management and investment management software.
Recognised as an industry leader, Yardi continues to develop
and deliver software and services with the highest dedication
to responsiveness, quality, innovation, and customer focus.
Yardi currently employs more than 1,600 people and has offices
throughout Europe, Asia, Australia, and North America, with
corporate headquarters in Santa Barbara, California.
Our Mission
At Yardi Systems, our mission is to provide our customers with
superior products and outstanding customer service. Yardi
offers comprehensive product suite solutions for a variety of
market segments including commercial and residential property
management, and real estate investment management. Our goal
is to provide integrated solutions that deliver unrivalled value to
ensure the satisfaction of our clients.
Global Presence
Yardi Voyager™ International asset and property management
software is currently used by more than 2,300 clients in over
fourteen countries across Europe, and eleven countries in AsiaPacific. Yardi Voyager is the most comprehensive single real
estate management platform on the market today, offering a webbased, global solution that increases operational efficiency with a
centralised database and automated workflows.
Business Longevity
With over 26 years in the industry, Yardi has a proven record of
developing cost-effective, high-performance solutions geared to
the needs of our clients. Every Yardi product provides integrated,
intuitive management and accounting functionality that enables
property, asset, fund, and third-party managers, as well as owners
and investors, to administer residential and commercial properties
with unparalleled efficiency, transparency, and ease.
Efficient Implementation
Yardi is committed to providing unparalleled service in support
of our industry-leading products. An integral part of our client
services is a world-class implementation and consulting team.
Professional Services team members work closely with you in
setting up your system, converting your data, and training your
staff. Our implementation experts will help your project team
carefully plan, skilfully execute, and thoroughly test your new
system so that you are up and running rapidly and reliably.
Professional Consulting Services
If the scope or complexity of your business requires more
intensive support, Yardi provides professional business services to
help you organise and more effectively manage your operations.
Consulting services include project management, business
process review and integration, in-depth implementation, technical
consulting, and more. Yardi Professional Services are a great tool
for levelling the learning curve and accelerating progress toward
achieving your business goals.
Comprehensive Training
Yardi provides a wide variety of training services, including
individual training at your premises, training by telephone, or over
the Internet. Yardi offers both on-site and remote implementation
support, “train the trainer,” and end-user training. There are
also a number of Help Desks to further assist organisations in
the implementation and use of the Yardi Voyager International
property management system.
“Yardi Voyager’s powerful multi-lingual property management
tools combined with its accounting functionality facilitates the
production of standardised real-time business critical reporting
across our geographically diverse portfolio. The access to real-time
property, investment and indeed portfolio/fund level metrics
means that operational risk and operating costs can be controlled
and reduced. It has become a vital tool in our business.”
Enda Bracken
Head of Property Asset Management | Bank of Ireland
Application Hosting
With Yardi ASP (Application Service Provider) Hosting, you benefit
from the power and performance of the Yardi system without
having to establish and maintain the IT infrastructure, support
services, and security necessary to keep your system operating at
peak efficiency. Key benefits include:
¬¬
Security, dependability and scalability
¬¬
Round-the-clock support
¬¬
Sarbanes -Oxley Compliant
¬¬
State-of-the-art disaster recovery
Customisation
The customisation options built into Yardi Voyager International
are designed to meet the diverse needs of each client. This
allows Yardi to offer a product specifically tailored for each
individual client. Screens, menus, reports and options can all be
customised sufficiently to accurately reflect the changes in local
and international accounting standards, as well as currency and
language restrictions across countries.
Data Conversion
With Yardi ASP (Application Service Provider) Hosting, you benefit
from the power and performance of the Yardi system without
having to establish and maintain the IT infrastructure, support
services, and security necessary to keep your system operating at
peak efficiency. Key benefits include:
“Yardi Investment Management has provided depth, versatility and
global capabilities to our fund administration, accounting, and
performance reporting requirements for many years. We are also
excited about Yardi’s new offerings for portfolio valuation, investor
portal and front office.”
Laurie Romanak
Global Head of Investor Reporting | CBRE Investors
YARDI SYSTEMS
End to End Real Estate Business Solution
Business Intelligence
YARDI Executive Dashboard™
YARDI Document Manager ™ for SharePoint
YARDI Investment Management™
YARDI PortfolioVMF™
YARDI Advanced Budgeting™
Financials
GL • AR • AP
YARDI VOYAGER™
SOLUTIONS
Centralised Database
for Commercial
YARDI PAYscan™
YARDI CRM™
FEATURES
Deal Tracking
Retail
Job Cost
Office
Fixed Assets
Industrial
Maintenance
ETL
(Extract, Transform & Load External Data)
YARDI Commercial Property Management™
Investment, Asset and
Property Management Solutions for
the Global Real Estate Industry
Leading-Edge Technology
Yardi has always been ahead of the technology curve. We were first in the industry
to offer a web-based solution, Yardi Voyager,and we continue to incorporate the
latest technological advances in our products to maximise operational efficiencies
and competitive advantages for our clients.
Powerful General Ledger
At the core of every Yardi solution is an integrated general ledger that provides a
flexible account structure, real-time accounting, recurring and auto-reversing journal
entries, drill-down capability, simultaneous cash and accrual accounting, and much
more. Having this accounting functionality in a fully integrated, web-based system
ensures that our clients have all the tools needed to maximise returns on their real
estate holdings.
Fully Integrated Software
Integrating browser-based technology with a centralised database is essential to
effectively manage your portfolio. It provides immediate access to information
across an entire organization, facilitates analysis reporting, and when linked to
dashboards, provides an easy method for tracking workflows and task completion.
Centralised Data
Yardi Voyager International software significantly reduces the labour-intensive tasks
associated with conducting business globally. The easy-to-use browser interface
can be customized to create user profile views and quick menus that meet your
organisation’s business needs.
Global access to a centralised database in either a hosted or self-hosted
environment provides unlimited user capacity, faster processing time, and the
ability to run real-time reports and generate transactions enterprise-wide from any
Internet connection. Yardi Voyager International makes multi-currency property
management easy.
YARDI Investment Management
Generate reports with speed, detail, and accuracy and produce
real-time investor statements and notifications.
Investor - Investment Attribute Analytics
Commitment
Mixed Use
7.50%
Office
8.00%
Listed Security Investments
32.00%
Retail
30.00%
Industrial
22.50%
YARDI Commercial Property Management
Analyse portfolio performance by property or utilise user
defined property attributes for consolidated views.
Commercial Dashboard
Portfolio Rent Roll
Budget Comparison
Income Statement
AR Aging
Lease Expirations
Occupancy Summary
Expiring Lease
1
ff0
mo
comret01
29.41%
Office Expirations
Expiring Area
Commercial Dashboard
co
comret02
5.88%
2
ff0
Portfolio
Rent Roll
mo
Budget Comparison
co
comret03
17.65%
1
et0
r
om
comoff02
23.53%
Property
Name
Unit(s)
Area
comoff01
Sunrise Tower
4
9,824.00
comoff02
Roosevelt Tower
6
15,190.00
comret01
comret02
Bakery Square
Fairmont Plaza
5
1
8,082.00
Prudential Plaza
1
1,050.00
Cherry Creek Center
3
3,000.00
20
Jan
2010
Feb
2010
Mar
2010
Apr
2010
1
1
1
1
comret01
29.41%
10000
02
0
May
2010
Jul
2010
38,196.00
2
1
1
1
2
Aug
2010
Sep
2010
comret02
5.88%
20000
Oct
2010
Nov
2010
1
3
1
4
1
1
4
1
Property
comseg02
17.65%
5
1
comoff02
23.53%
1
comret03
17.65%
Total
1
2
1,050.00
comret03
comseg02
Grand Total
2
3
eg
ms
Dec
2009
Occu
et0
mr
co
co
AR Aging
et0
mr
co
comoff01
17.65%
Income Statement
Expiring Lease
c
comseg02
17.65%
1
3
2
comoff01
17.65%
17
Name
Unit(s)
Area
comoff01
Sunrise Tower
4
9,824.00
comoff02
Roosevelt Tower
6
15,190.00
comret01
Bakery Square
5
8,082.00
comret02
Fairmont Plaza
1
1,050.00
comret03
Prudential Plaza
1
1,050.00
comseg02
Cherry Creek Center
Grand Total
3
20
Dec
2009
Feb
2010
1
1
1
3,000.00
38,196.00
Jan
2010
2
1
1
1
2
M
20
YARDI Investment Management™
Yardi Investment Management™ gives you the tools you need
to deliver timely, detailed, reliable information to your investors. By leveraging a
system that automates analytics and consolidated financial reporting and provides
transparency for every contribution
they commit, you instill confidence.
Yardi Investment Management can stand alone or be used
as part of the Yardi Voyager™ suite of products for investment
and fund managers, which also includes:
¬¬
Yardi PortfolioVMF™
¬¬
Yardi Executive Dashboard™
With Yardi Investment Management, your entire investment accounting and
investor reporting cycle is automated,
reducing costs and increasing operational efficiencies.
Yardi Investment Management will enable your organisation to:
¬¬
Easily manage complex hierarchies and deal structures
¬¬
Automate complex consolidations and equity rollups
¬¬
Quickly calculate preferred returns and waterfall distributions
¬¬
Produce detailed, accurate performance and returns analysis
¬¬
Manage multiple currencies, languages, accounting methods, and tax rules
¬¬
Achieve true, single-system integration with centralised data
¬¬
Attain full, top-to-bottom transparency with complete
drilldown capabilityManage Capital
¬¬
Track and manage capital flow for all investments and participants, including
commitments, contributions, distributions, percentages, dates and
documentation.
YARDI Commercial Property Management
Yardi Voyager for commercial property management provides the most
comprehensive set of management and accounting tools for commercial real estate,
all built into the fully integrated web-based Voyager platform. From small portfolios
to the largest global enterprises, Yardi Voyager automates processes with rolebased dashboards, workflows, critical date notifications and analytics, which will
help you increase efficiency and improve decision making. The Voyager platform
combines commercial property management and accounting with ownership,
financials, budgets, forecasts, construction and maintenance for a holistic view of
your portfolio.
Key Features
¬¬
Controlled administration of rent reviews, leases and amendments
¬¬
Lease Option management with encumbrance tracking
¬¬
Dynamic critical date management
¬¬
Track square footage/meters at property, building, floor and space levels
¬¬
Simplified setup of complex expense recoveries
¬¬
Complete retail percentage rent calculations
¬¬
Easy straight-line rent adjustments for IFRS
¬¬
Full drill-down to underlying lease documents
¬¬
Powerful, integrated accounting and leasing
¬¬
SAS70 compliance via Yardi ASP
¬¬
Supports multiple GAAP, multi-language and multi-currency
Yardi International Offices
and Contact Information
Corporate Headquarters:
Yardi Systems Inc.
430 South Fairview Avenue, Santa Barbara, CA 93117, USA
phone: +1 805 699 2040
International Offices:
Yardi Systems Limited
Avebury House, 201-249 Avebury Boulevard, Milton keynes, MK9 1AX, United Kingdom
phone: +44 1908 308 400 | email: [email protected] | www.yardi.co.uk
Yardi Systems BV.
Dreeftoren, Haaksbergweg 57, 1101 BR Amsterdam, The Netherlands
phone: +31 20 565 0050 | email: [email protected] | www.yardi.nl
Yardi Systems GmbH
Prinzenallee 7, 40549 Düsseldorf, Germany
phone: +49 211 523 91 466 | email: [email protected] | www.yardi.de
Yardi Asia
2703 Golden Centre, 188 Des Voeux Road, Central, Hong Kong
phone: +852 2851 6638 | email: [email protected] | www.yardi.hk
Yardi Australia
Suite 3, Level 23, 25 Bligh Street, Sydney NSW 2000
phone: +61 2 8227 2200 | email: [email protected] | www.yardi.com.au
© 2010 Yardi Systems, Inc. All rights reserved.
CRP-BRC-A 03/24/2011
Yardi Middle East & India
2nd Floor, Sigma House, Off. Senapati Bapat Road, Pune 411 016, India
phone +91 20 2560 9000 | email: [email protected] | www.yardi.com