Three property management companies share quantifiable time savings and efficiency gains with Yardi solutions
SANTA BARBARA, Calif., June 29, 2017 — Clients are reporting significant time savings and efficiency gains with Yardi® software, including RentCafe® and Yardi® Payment Processing. Advanced online services made available by these solutions make it possible to automate processes that previously were completed manually.
- Online applications save 15 minutes or more per application. NALS processed 347 online applications with RentCafe in August 2016, saving leasing agents an estimated 87 hours.
- Online payments save time and improve cash flow. Roscoe Properties uses Yardi Payment Processing to collect 95% of rent payments electronically, quickly and on time.
- Online maintenance requests save 3 minutes or more per work order. Nearly all residents leasing with Milestone Investment Properties have signed up to use the RentCafe resident portal to pay rent and submit maintenance requests online.
Incremental time savings gained by optimizing workflows quickly add up to large gains. “With RentCafe, we saved 1,070 hours across our portfolio in one month,” said Mallory Monsma, marketing leader at NALS. “That’s three full workdays we got back at each property!”
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About Yardi
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of residential and commercial real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.