Voyager Commercial

  • End-to-End Property Management

    An end-to-end solution that streamlines the property and financial management aspects of the commercial real estate lifecycle to help you enhance the underlying value of your portfolio.

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From commercial real estate owners with small portfolios to large global enterprises, Yardi Voyager® combines property management and accounting with ownership, financials, budgets, forecasts, construction, and maintenance for a holistic view of your portfolio. Voyager is an end-to-end commercial property and financial management platform for office, retail, and industrial real estate, automating processes with role-based dashboards, workflows, critical date notifications, and analytics. Enabling faster and more efficient execution of property operation strategies, Voyager helps drive improved analysis and decision-making and delivers maximum transparency across your business.

Product Highlights

 

  • Automated Lease Administration

    The Voyager lease administration system forms the backbone of the commercial billing process, which accommodates indexation, complex recoveries, retail overages, multi-currency leases, and more. The automated leasing workflow allows lease administrators to set up terms of complicated industrial, office, and retail leases and amendments, while reviewers can compare the abstract to the actual legal documentation before activation. All lease modifications such as expansion, contraction, relocation, holdover, and renewals are stored
    with the lease details for easy drilldown and historical reference. Leases can be organized by customer, making the billing and analysis of multiple leases for national
    tenants simple.

  • Streamlined Recoveries

    Voyager fully automates the recoveries process. You can configure the varying numerators and denominators, base years, caps, gross-ups, and management fees for the terms defined in the lease. And because the calculations differ for each tenant, Voyager eliminates the daunting job of reconciling all variables and compiles an accurate accounting of what your tenants owe. The billing results are invoiced to your tenant in an easy-to-understand format that helps reduce tenant billing disputes and increase cash flow.

  • Critical Dates, Tasks & Notifications

    Critical dates, tasks, and notifications are an integral part of the Voyager lease management system. Dates and tasks are integrated into the user’s dashboard, so that important deadlines are never missed. You can automate tasks or email notifications based on dates you define, including:

    • Lease expirations
    • Option notices
    • Tenant insurance expiration

    In addition, you can use tasks and email notifications to perform valuable internal audit functions. They deliver daily, weekly, or monthly notifications such as:
    • Outstanding AR older than 30, 60 or 90 days
    • Financial periods not closed
    • Batches left un-posted
    • Whether your NOI is within acceptable standards

  • Correspondence Management

    Yardi Correspondence Management will redefine how you process documents. It allows you to create customized invoices, statements, collection letters, prospect letters of intent, as well as owner and investor reporting packages. Templates merge with lease data, reports, and graphs; the generated documents can be automatically emailed, printed, or saved as PDFs.

  • Advanced Retail

    Voyager makes it simple to track sales and charge percentage rents. The tenant retail parameters allow you to easily define sales types and reporting and billing frequencies and breakpoints, including an automatic calculation of natural breakpoints. The overage function automatically calculates and creates your percentage rent charges. Retail analytics provide up-to-the-minute reporting on sales, including MTD, YTD, Moving Annual Total (MAT) comparisons and tenant occupancy costs.

Key Features
  • Controlled administration of leases and amendments including lease option management with encumbrance tracking
  • Integrated accounting and property management functions
  • Role-based dashboards and critical date notifications
  • Simplified setup of complex expense recoveries
  • Complete retail percentage rent calculations
  • Easy straight-line rent adjustments for FAS 13 and IAS 17
  • Real-time analytics, dashboards, and business intelligence
  • Supports multiple currencies, languages, GAAP, and local taxation requirements
Key Benefits
  • Browser-agnostic platform with full mobile access
  • Enhances workforce efficiency while eliminating error-prone processes
  • Reduces general and administrative costs
  • Provides flexibility to scale for growth
  • Improves strategic decision-making with enhanced business intelligence
  • Increases competitiveness with superior tenant services
  • Delivers unrivaled transparency across your operation
  • Built-in integration and consistent interface shortens training cycles and drives higher productivity
  • Hassle-free application, database, and network management with secure SaaS options