Yardi lets you handle the complicated transactions, sales, percentage rent and reconciliations required to manage your retail portfolio in a single system that is completely integrated, centralized, and equipped with flexible lease management capabilities.

Principal retail challenges include:

• Tracking retail tenants’ percentage rents and sales data — a process complicated by different rates on different products, tiered breakpoints and differing sales levels
• Calculating a retail center’s common-area maintenance (CAM) expenses, a complex and difficult accounting matrix featuring multiple unique rental deals and special dispensations for star tenants
• Managing utility billing, wherein a landlord must track the actual or pro-rata consumption of differing retailers with different power draws in a real-time environment
• Uniting deal-management elements within the same operational platform, a scenario which until recently saw little or no interaction between the sales department and the operational group that enforces the lease

As the industry leader, Yardi has developed software that achieves new levels of maturity and integration to handle these challenges. Yardi Voyager™ Commercial for retail property management easily creates a single point of entry for lease abstract data and sales data, and automates complex CAM charge recoveries. This allows full integration with receivables, ledgers and financials, and produces automatic percentage rent calculations.

Learn more about Yardi Voyager™ Commercial software.
Learn more about Yardi Genesis™ Property Management software.