FORECAST IQ

Create budgets faster than ever

Forecast IQ gives you detailed revenue and expense forecasting using your performance data. Eliminate spreadsheets, align teams and shorten cycle times.

Yardi's multifamily forecasting solution, Forecast IQ, shown on a computer monitor

Features

A budgeting dashboard with pie charts being shown on Forecast IQ

Optimize budgeting

Quickly build accurate budgets using historical Voyager unit-level data. Automate assumptions and calculations to align with business goals and eliminate manual budget workshops. Address both revenue and expenses for a complete property-level budget.

Two charts showing revenue change and expense change featured on Yardi Forecast IQ

Improve accuracy

Eliminate error-prone spreadsheets and manual data entry. Align teams with an easy-to-use tool that delivers reliable revenue and expense projections. Forecast IQ automatically applies your assumptions and formulas to the existing rent roll from Voyager and calculates the projected revenue for each month and unit.

A data table showing occupancy data by apartment unit, shown on a Forecast IQ dashboard

Connect data

Reduce cycle times with connected budgeting tools that eliminate manual data entry. Quickly revise, reforecast and adapt with real-time insights. Forecast IQ leverages Voyager data to generate accurate revenue predictions, using market-driven assumptions and a powerful calculation engine for smarter budgeting decisions.

A man looking at his smart phone seeing the status of a budget

Gain full visibility

Get a clear view of each asset’s budget across your portfolio on an intuitive dashboard featuring KPIs and drilldown capabilities. Easily access budget versions and detailed financial data to generate accurate forecasts for strategic decision-making.

Testimonials

  • Jeanette Ruscitti

    Jeanette Ruscitti

    The REMM Group

  • Diana Norbury

    Diana Norbury

    Pillar Properties

  • Shawn Cardner

    Shawn Cardner

    Grubb Properties

Be prepared for any market condition

The scenario planning feature allows us to create multiple budgeting scenarios based on different assumptions, ensuring preparedness for various market conditions. Yardi Forecast IQ’s detailed data-directed rent forecasting is a game-changer.

Start budgets later with full confidence

We loved Forecast IQ right out of the gate. Spreadsheets are rife with human error, and manually inputting data takes so much time. But now, we can actually start our budgets later because of Forecast IQ’s automation and accuracy.

Save hours on budgeting

Forecast IQ helped us cut our budgeting workshop by an entire day and saved an additional 4-5 hours per property manager in the process.

Resources

Teams generate more accurate budgets with Forecast IQ

FAQ

How can apartment budgeting software improve financial planning for residential properties?

Apartment budgeting software streamlines the financial planning process by providing accurate and real-time data, helping property managers make informed decisions. It allows for better tracking of expenses and revenues, ensuring that budgets are adhered to and financial goals are met.

What are the benefits of using residential budgeting tools for property management?

Residential budgeting tools offer numerous benefits, including enhanced accuracy in financial forecasting, improved expense management, and the ability to create detailed financial reports. These tools help property managers maintain financial stability and plan for future growth.

How does forecasting software for apartments assist in managing unexpected expenses?

Forecasting software for apartments uses historical data and predictive analytics to anticipate potential financial challenges. This allows property managers to allocate funds more effectively and prepare for unexpected expenses, reducing financial risk.

In what ways can residential financial forecasting software aid in long-term financial planning?

Residential financial forecasting software provides insights into future financial trends, helping property managers develop long-term strategies. By analyzing past performance and current market conditions, the software aids in setting realistic financial goals and creating sustainable budgets.

How does apartment financial planning software enhance the efficiency of property management operations?

Apartment financial planning software automates many of the manual tasks involved in budgeting and forecasting, saving time and reducing errors. This increased efficiency allows property managers to focus on other critical aspects of property management, such as improving resident satisfaction and property maintenance.

What features should I look for in budgeting and forecasting solutions for residential properties?

When selecting budgeting and forecasting solutions for residential properties, look for features such as real-time data integration, customizable reporting, predictive analytics, and user-friendly interfaces. These features ensure that the software meets the specific needs of your property management operations.

How can real estate financial software help in optimizing apartment expense management?

Real estate financial software provides tools for tracking and analyzing expenses, identifying cost-saving opportunities, and ensuring that budgets are adhered to. By optimizing expense management, property managers can improve the overall financial health of their properties.