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Yardi provides residential and commercial property management software. Capabilities include integrated accounting, lease renewal workflow, and modules for multi-family, senior, and affordable housing, as well as retail, office and industrial units. The company was founded in 1984 and has 4,000 employees and 35 offices around the world.https://dudodiprj2sv7.cloudfront.net/product-logos/GQ/0E/D3C9XGHW0KZ9.jpegGreat software for large properties and regionsWe went through a smaller property management firm using simple Yardi one user site programs, to the full-blown Voyager in which we were able to use it across our whole division interchangeably. This solves our ability to have multiple users working on the account at once when needed.,Very strong for facilities management, being able to detail time and cost expenditures and identify problems is huge! Budget and collection reports are easily readable and update from the data quickly and efficiently.,Leasing is difficult for users not familiar with the software; needs to be more intuitive. Having to generate reports for renewals through Crystal instead of being able to just view a date range or screen slows down the process.,8,Positive as it saved us time and money Identifying problem suites with costs (maintenance costs or hours) has helped improve smart retention for us,MRI Residential Management and One Site,RingCentral, Microsoft Office 365, Google Cloud StorageYardi - Not intuitive, but thoroughOur organization uses Yardi Property Management for our on site property operations, as well as, our back end accounting. It is our solution for all property management, including service/facilities management, our CRM and resident records. It allows us to do all functions of property management from entering prospect traffic, to residency tasks, e.g. posting rent, sending letters etc... to move-out. We process our invoices through Yardi and use it for our expense control.,Reporting in Yardi is really strong, especially the financial reporting. Yardi also is good at versatility when it comes to finding information - you can locate data in many ways and output in many forms. Yardi is pretty seamless with allowing you to switch from property to property.,Yardi PM is not intuitive. Even for savvy computer users, until you get to know it, it is not an easy platform. It freezes fairly often on us. Yardi's solutions and steps for some processes are cumbersome and again, not intuitive, so you have to ask someone with experience for help.,6,Like all the software in the multifamily arena, Yardi is pricey. Not quite as pricey as OneSite, so a bit better return, but still pricey. That said, the accounting department likes Yardi and it does save us money by providing quick and easy access to our data and the analytics are terrific.,One Site and Entrata,Dropbox, Egnyte, Paylocity Web PayWill take you further than a few yards(i)Yardi is used by the account and finance departments. It is mainly used for financial reporting, A/P, A/R, and to track property costs.,Compiles A/P and invoices well - can easily review payments and pull prior invoices through many different modules depending on your need. It is user-friendly once you are aware of how to navigate and find each module. Financial reporting is a breeze and can be altered specifically to meet your needs.,Navigating can be a little difficult at times. You definitely need training to find what you are looking for, and the many capabilities are buried within the many modules. I wish it were more seamless to import data from Excel rather than keying it all in. It has a few minor technical difficulties when multiple users are working on the same thing and does not warn you that multiple people are accessing the same thing.,9,I am not aware of the hard numbers, but Yardi's digital capabilities have saved not only physical storage space of keeping paper files but also the high-valued time of employees to organize such files. While it saves time being able to access everything in one database, the difficulties in navigation can make it time-consuming to really find what you need.,,Bluebeam RevuYardi Voyager - A lot of return for the investment.We currently use Yardi Voyager 7s to effectively track revenue and expenses related to our managed properties. We manage approximately 30 properties around central Kentucky. Yardi is utilized as our accounting system, helping us track and report all property-related expenses and revenue on behalf of the property landlords that we service. We also utilize Yardi to track tenant, vendor, and property insurance policy information.,Tenant rent payments tracking - system allows us to effectively track rent payments made by tenants. Templates for tenant account statements, tenant ledgers, etc,. are available within Yardi, which makes it very easy to communicate tenant account status upon request. Vendor payment tracking - system easily integrates with our third-party vendor payment system, allowing us to effectively track all vendor payments seamlessly from one system to the other. Vendors are paid in a timely manner and all payment information is stored within Yardi, making the generation of 1099 docs at year-end very easy. Insurance Policy tracking - system easily tracks insurance policy information for vendors, tenants, and properties. Ticker lists are automatically updated and give notice to system administrators that policies are due for renewal.,The configuration of correspondence templates is a little cumbersome and Yardi support for establishing templates comes at a steep cost. Yardi updates have caused us several issues in the past - we integrated to a new system recently and had established some customized operations -when an update occurred, we lost all the customized functions and were reset to factory standard. It took about 2 weeks to restore full functionality after the update. The knowledgebase for Yardi clients (Client Central) is vast, but finding documentation on specific tasks is cumbersome. Sometimes it takes reviewing multiple source docs (that are 100s of pages long) before you find exactly what you are looking for.,8,Yardi has automated certain accounting functions, freeing up time and effort of accounting staff Yardi has enabled us to elevate the level of service we provide to our clients, allowing us the opportunity to take on bigger clients with greater expectations regarding the financial management of their asset. Yardi has easily integrated with our third-party vendor payment system, alleviating the need for our AP staff to enter the same transaction into two different systems.,yardi,AvidXchangeYardi is the core of our businessYardi is our core accounting and resident management system. Every aspect of our business is recorded and analyzed through Yardi. We also use many of Yardi's ancillary products such as Mobile Maintenance, Concierge, Rent Cafe, and Construction Management. Every employee in the company touches Yardi in some form or fashion every day.,Yardi is a great accounting program. Its wide variety of report formats and its ability to support custom reports is very impressive. Yardi is an effective in taking community staff through an easy-to-navigate workflow of lease prospect to occupied resident. Yardi allows a wide array of customization so you can adjust it to the needs of your particular company.,Yardi began as a core accounting program and added ancillary products and services along the way in a haphazard manner. Some of these ancillary products do not integrate in a comprehensive or intuitive way. Yardi Concierge is a cumbersome and clumsy product. Yardi could do a better job in coaching hardware integration and product training. Yardi could use a fresh web-based interface with more dashboard analytical tools.,6,Yardi is quite expensive, but I don't know how we would function without it or a similar product. Its a necessary tool for doing business.,,RightSignature, Citrix ShareFile
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Yardi Property Management
28 Ratings
Score 7.3 out of 101
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Yardi Reviews

Yardi
28 Ratings
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Score 7.3 out of 101
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Jason Schorr profile photo
November 17, 2017

Yardi Review: "Great software for large properties and regions"

Score 8 out of 10
Vetted Review
Verified User
Review Source
We went through a smaller property management firm using simple Yardi one user site programs, to the full-blown Voyager in which we were able to use it across our whole division interchangeably. This solves our ability to have multiple users working on the account at once when needed.
  • Very strong for facilities management, being able to detail time and cost expenditures and identify problems is huge!
  • Budget and collection reports are easily readable and update from the data quickly and efficiently.
  • Leasing is difficult for users not familiar with the software; needs to be more intuitive.
  • Having to generate reports for renewals through Crystal instead of being able to just view a date range or screen slows down the process.
Well suited for owners or regional mangers who need to check it and have data quick at hand. Small single owned buildings this is not a fit for.
Read Jason Schorr's full review
Sondrah Laden profile photo
November 16, 2017

User Review: "Yardi - Not intuitive, but thorough"

Score 6 out of 10
Vetted Review
Verified User
Review Source
Our organization uses Yardi Property Management for our on site property operations, as well as, our back end accounting. It is our solution for all property management, including service/facilities management, our CRM and resident records. It allows us to do all functions of property management from entering prospect traffic, to residency tasks, e.g. posting rent, sending letters etc... to move-out. We process our invoices through Yardi and use it for our expense control.
  • Reporting in Yardi is really strong, especially the financial reporting.
  • Yardi also is good at versatility when it comes to finding information - you can locate data in many ways and output in many forms.
  • Yardi is pretty seamless with allowing you to switch from property to property.
  • Yardi PM is not intuitive. Even for savvy computer users, until you get to know it, it is not an easy platform.
  • It freezes fairly often on us.
  • Yardi's solutions and steps for some processes are cumbersome and again, not intuitive, so you have to ask someone with experience for help.
Yardi Property Management is very well suited for companies that want in depth and easy to use financial reporting without needing multiple CPAs. It has solid back-end accounting functionality and the reporting is great. Yardi would not be appropriate for a company whose front line employees are luddites with computers and don't easily pick things up. It is just too hard.
Read Sondrah Laden's full review
Alison Clark profile photo
August 01, 2017

Yardi Review: "Will take you further than a few yards(i)"

Score 9 out of 10
Vetted Review
Verified User
Review Source
Yardi is used by the account and finance departments. It is mainly used for financial reporting, A/P, A/R, and to track property costs.
  • Compiles A/P and invoices well - can easily review payments and pull prior invoices through many different modules depending on your need.
  • It is user-friendly once you are aware of how to navigate and find each module.
  • Financial reporting is a breeze and can be altered specifically to meet your needs.
  • Navigating can be a little difficult at times. You definitely need training to find what you are looking for, and the many capabilities are buried within the many modules.
  • I wish it were more seamless to import data from Excel rather than keying it all in.
  • It has a few minor technical difficulties when multiple users are working on the same thing and does not warn you that multiple people are accessing the same thing.
It is perfect for development and property management simultaneously. The many different modules and roles that Yardi offers allow for data to be seamlessly translated as the property is developed then leased.
Read Alison Clark's full review
Suzanne Crockett profile photo
August 01, 2017

Review: "Yardi Voyager - A lot of return for the investment."

Score 8 out of 10
Vetted Review
Verified User
Review Source
We currently use Yardi Voyager 7s to effectively track revenue and expenses related to our managed properties. We manage approximately 30 properties around central Kentucky. Yardi is utilized as our accounting system, helping us track and report all property-related expenses and revenue on behalf of the property landlords that we service. We also utilize Yardi to track tenant, vendor, and property insurance policy information.
  • Tenant rent payments tracking - system allows us to effectively track rent payments made by tenants. Templates for tenant account statements, tenant ledgers, etc,. are available within Yardi, which makes it very easy to communicate tenant account status upon request.
  • Vendor payment tracking - system easily integrates with our third-party vendor payment system, allowing us to effectively track all vendor payments seamlessly from one system to the other. Vendors are paid in a timely manner and all payment information is stored within Yardi, making the generation of 1099 docs at year-end very easy.
  • Insurance Policy tracking - system easily tracks insurance policy information for vendors, tenants, and properties. Ticker lists are automatically updated and give notice to system administrators that policies are due for renewal.
  • The configuration of correspondence templates is a little cumbersome and Yardi support for establishing templates comes at a steep cost.
  • Yardi updates have caused us several issues in the past - we integrated to a new system recently and had established some customized operations -when an update occurred, we lost all the customized functions and were reset to factory standard. It took about 2 weeks to restore full functionality after the update.
  • The knowledgebase for Yardi clients (Client Central) is vast, but finding documentation on specific tasks is cumbersome. Sometimes it takes reviewing multiple source docs (that are 100s of pages long) before you find exactly what you are looking for.
Yardi Property Management is well-suited for companies managing multiple properties with a broad base of expenses and revenue to account for. I think the size of the company needs to justify the investment in the product. Yardi is not so well-suited to smaller operations, who would be able to function with QuickBooks or some other, less nuanced, system.
Read Suzanne Crockett's full review
Ari Strauss profile photo
August 01, 2017

User Review: "Yardi is the core of our business"

Score 6 out of 10
Vetted Review
Verified User
Review Source
Yardi is our core accounting and resident management system. Every aspect of our business is recorded and analyzed through Yardi. We also use many of Yardi's ancillary products such as Mobile Maintenance, Concierge, Rent Cafe, and Construction Management. Every employee in the company touches Yardi in some form or fashion every day.
  • Yardi is a great accounting program. Its wide variety of report formats and its ability to support custom reports is very impressive.
  • Yardi is an effective in taking community staff through an easy-to-navigate workflow of lease prospect to occupied resident.
  • Yardi allows a wide array of customization so you can adjust it to the needs of your particular company.
  • Yardi began as a core accounting program and added ancillary products and services along the way in a haphazard manner. Some of these ancillary products do not integrate in a comprehensive or intuitive way.
  • Yardi Concierge is a cumbersome and clumsy product. Yardi could do a better job in coaching hardware integration and product training.
  • Yardi could use a fresh web-based interface with more dashboard analytical tools.
Yardi Voyager, the core accounting and resident management component, is superb. It is well suited to manage all accounting needs including generating reports for investors and auditors alike. Yardi's weakness is the way it integrates with its ancillary products. Each product has been added to the suite as Yardi acquires software properties, and it doesn't always integrate in an efficient comprehensive way. Another result of this phenomenon is that each product has its own dedicated support team, so when you run into a problem, it is hard to navigate to the right source of support.
Read Ari Strauss's full review
Aaron Abraham profile photo
August 01, 2017

Review: "Yardi, the best choice for some, but not all"

Score 7 out of 10
Vetted Review
Verified User
Review Source
Yardi Property Management was used across the entire property management organization of nearly 100 employees. Yardi was able to combine all of our 3500 single family rental houses into a single application that provided resident and maintenance management functionality. We further used the application to process resident payments and issue automatic emails when residents were past due.
  • Maintenance Management is a very strong point of this application. The mobile app and web interface make tracking maintenance requests a breeze
  • The ability to integrate Yardi Property Management with the other modules offered by the company allowed us to have residents in the system from application to approval and move in.
  • Payment processing was a huge help. We were able to process credit card and check payments easily and quickly.
  • The support direct from the company left a lot to be desired. If and when they did get back with you, it was usually unhelpful or too late.
  • All of the various modules can be confusing, and some do not integrate easily with the Yardi core. Even the Property Management module is vast and could require specialized knowledge to implement.
  • Yardi very often performs serve maintenance without notice to their customers. Generally they assume the maintenance will be seamless, but it very often is not.
Yardi Property Management is well suited to all kinds of rental housing situations. With their recent upgrades, the single family rental housing section is becoming far more useful. Up until recently, managing single family houses was challenging as the software expected each physical address to contain multiple residences. This lead to a very messy interface, and some difficulty.
Read Aaron Abraham's full review
Stella Lee profile photo
November 15, 2017

User Review: "Yardi Property Managemnt"

Score 9 out of 10
Vetted Review
Verified User
Review Source
Yardi has been used across the whole organization.
  • You can view information of numerous properties at one dashboard.
  • It is very user friendly, and all reports can be downloaded to well-formatted Excel worksheets.
  • Easy to set up, easy to use and at the same time generates complicated and consolidated reports.
  • Yardi Genesis is not compatible with Yardi p-scan, which is a huge minus.
Cloud based, manager can access Yardi anywhere with all kinds of devices.

From time to time, it is running slow.
Read Stella Lee's full review
Jennifer Small profile photo
June 20, 2017

User Review: "We love Yardi"

Score 9 out of 10
Vetted Review
Verified User
Review Source
Several of our clients utilize Yardi. Our company must log in each month to upload monthly billings to each project.
  • Easy to navigate
  • Easy to upload
  • Easy to find previous uploads
  • Easy access
  • I have no complaints about the software
It is great for project management during construction.
Read Jennifer Small's full review
No photo available
August 01, 2017

Review: "Yardi - Combining Property Management Functions"

Score 8 out of 10
Vetted Review
Verified User
Review Source
Yardi is used by my company mainly as a way of evaluating clients real estate assets and property management needs. It is used only by our consultancy department and specifically the project management team. It addresses the problems of cash flow analysis, managing property expenses, and evaluating future budgeting needs and accounting line item organization.
  • Yardi Property Management particularly excels at creating a system where it is easy to leave feedback for property managers because the data is available up front.
  • Yardi is also a useful tool at integrating property management across the entire platform. It can be used for asset management as well even for the most nitty gritty details.
  • It is also convenient to edit expenses inputted by the accounting department and managing those expenses forward for future budgeting.
  • Yardi is not particularly user friendly. Each function needs time and practice in order to execute properly, and instructions are not particularly clear sometimes.
  • The licensing can be challenging as it is very restrictive, even with multiple open licenses across a company.
  • Files have a tendency to be corrupted easily.
Yardi is very well suited to evaluating the property management aspect of a real estate asset. It is best used as a tool for budgeting and expense management. One of the most challenging aspects of asset management is being able to budget for property managers correctly. Yardi makes this process much more simple. Yardi, however, is not as useful when it comes to modelling unique real estate assets. There is very little simulation that the program offers.
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Yardi Scorecard Summary

About Yardi

Yardi provides residential and commercial property management software. Capabilities include integrated accounting, lease renewal workflow, and modules for multi-family, senior, and affordable housing, as well as retail, office and industrial units.

The company was founded in 1984 and has 4,000 employees and 35 offices around the world.

Yardi Technical Details

Operating Systems: Unspecified
Mobile Application:No