Thornton Oliver Keller

Adopts Yardi Commercial Suite

By Joel Nelson on Apr 14, 2015 in News

Thornton Oliver Keller is preparing for anticipated portfolio growth by eliminating manual processes, streamlining budgeting, and improving client services and reporting. To accomplish these objectives, Idaho’s largest commercial real estate firm recently selected Yardi Voyager^® 7S, a mobile-enabled Software as a Service platform for commercial property management and accounting, and products from the Yardi Commercial Suite™.

“Replacing our legacy platform with the integration and automation available in Voyager will help us do a better job of managing the complex financial information of our portfolio of properties. For example, we’ll be able to report to clients easily and quickly, which is important in a business that relies on accurate real-time data,” said Josh Paul, director of information technology for Thornton Oliver Keller.

Thornton Oliver Keller will shorten the cycle time of a key business operation—budget preparation—with Yardi Advanced Budgeting & Forecasting™, an automated solution that delivers accurate budget projections for revenue and expenses using tenant lease data drawn from Yardi Voyager. “We create about 160 budgets for our properties at year-end, which is a huge data-collection job. Advanced Budgeting & Forecasting will remove the manual steps and make the budgeting process significantly shorter and less labor-intensive,” Paul said.

Referring to other Yardi Commercial Suite products, Paul said, “We’re excited to give our tenants an ACH payment option through Yardi Payment Processing™ and automate bank deposits with Yardi CHECKscan™ as well. One major benefit will be consolidating the entire portfolio to one type of scanner instead of using various ones that are often incompatible.”

Yardi Procure to Pay™, an end-to-end, paperless invoice processing and procurement system, will similarly reduce manual processes for Thornton Oliver Keller by consolidating spend using online catalogs and eliminating paper handling with online invoice approval workflows.

“Yardi is pleased to help Thornton Oliver Keller realize multiple benefits from adopting a full business platform, including reduced paper consumption, increased client satisfaction and redirection of staff time to higher value tasks,” said Terri Dowen, senior vice president of sales for Yardi.

Thornton Oliver Keller, based in Boise, Idaho, provides expert real estate advisory services to property owners and businesses throughout Idaho. Established in 1991, Thornton Oliver Keller now manages and lists nearly 500 properties for a wide range of clients.  For more information, visit www.tokcommercial.com.