Get complete financial oversight with real-time cost tracking, commitment and budget comparisons across your portfolio. Customizing the software to meet the specific needs of the organization can be a costly process, especially if the customization requires significant development or integration work. The average cost of customization can range from a few thousand dollars to several hundred thousand dollars, depending on the complexity of the customization work.
Yardi Voyager Features, Modules and Capabilities
One of the most useful features that Yardi profit center: characteristics vs a cost center with examples Voyager provides is facility management. This feature allows property managers to keep track of and manage maintenance requests across their properties. This way, they can schedule and keep track of various maintenance requests at once, all from one place.
Get Comprehensive Reports
The average cost of training can range from a few hundred dollars to several thousand dollars per employee, depending on the complexity of the software and the duration of the training. You can work more efficiently and make informed decisions that create value for your real estate assets. Voyager is a comprehensive system for real estate operators with unique and dynamic requirements. Our client services team assists with implementation and provides in-person support and online training at every stage of the client’s product experience. Many team members, such as Certified Energy Managers, have earned accreditation that enables specialized client support.
This content is reader-supported, which means if you leave your details with us we may earn a commission. We started out as a small software startup focused on quality software and customer satisfaction. Now, moving into our fourth decade, Yardi is a large software corporation with offices worldwide — and a still-unwavering focus on quality software and customer satisfaction. Interested users should fill out the online contact form for more information. This means that you have no way of trying out the software before investing in it. One of the more unclear aspects surrounding Yardi Voyager is its pricing.
Another feature included with Yardi property management services is an accounting system. These are extremely useful in any section of the real estate industry as there are numerous accounts that need to be managed and taken care of with every property. This is an essential feature for any property manager concerned with property development and the growth of their business.
What our clients are saying
Review multiple job cost summary and detail reports with drilldown to underlying transactions. With a user-defined cost code structure, the system tracks your actual costs and compares them to the job budget. Job cost and the general ledger are updated in real time when transactions are entered. Yardi Job Cost supports projects at all phases — from pre-development to close-out — and for any duration.
Then, you can track every step of the process, as well as any comments or concerns from the tenant, all from one centralized location. As such, we believe it is vitally important to contribute to the health and well being of those communities, whether by volunteering time and energy to worthwhile causes or providing financial support to advance humanitarian goals. Below, we will go into more detail on what these features have to offer and how they can be useful to you and your business. Look at different pricing editions below and read more information about the product here to see which one is right for you. You can tailor the system to 8 questions answered about electronic check payments hide the features and fields you’re not using to keep things simple. And, there are multiple points of access for importing and exporting data according to your preferences.
- This is much easier than the traditional forms of paying rent, like sending in checks every month.
- Training employees to use the new software can be a significant cost, especially if the software is complex or requires specialized knowledge.
- Whatever your reasons for researching property management software, we’re here to help with a guide that includes everything you need to make a smart decision a little more quickly.
- One of the ways that it does this is by generating custom reports that take many different data points into account, like resident data and previous performance.
Find out which property management software is right for you
Yardi’s scalable and flexible software can be tailored to property managers’ individual needs, and users need to contact the company for a custom quote. While the platform features several tools not offered by its competitors, there is no free plan or free trial available, which may deter users on a tight budget. Yardi Voyager is a cloud-based property management solution that enables businesses to manage large, complex real estate portfolios from one location. This feature is useful because it allows a single user to generate reports about all aspects of a tenant, or an investment, and share them among multiple users in the same Yardi CRM platform.
The majority of users praised its automated workflow capabilities, robust and customizable performance analytics, and accounting tools. However, some cited its steep learning curve and confusing navigation as downfalls. How many groups (different departments, usages, type of users) are needed for Yardi training? Training employees to use the new software can be a significant cost, especially if the software is complex or requires extraordinary items on income statement specialized knowledge.