Yardi Introduces Business Intelligence Solution for Senior Living

Yardi Senior
IQ fuels faster decision-making by providing actionable information for the
whole portfolio

SANTA BARBARA, Calif., April 6, 2020 – Yardi® Senior IQ is now part of the Yardi® Senior Living Suite. Designed for senior living providers, Senior IQ surfaces data in attractive, shareable dashboards. With a full view of their data, leaders and staff alike can save time while driving growth for their communities.

The business intelligence solution draws from across the organization.
Over 300 measures for finance, operations, marketing and care are available out
of the box. Customizable widgets and KPIs, along with role-based dashboards,
give decision makers quick access to meaningful information. Staff no longer
need to comb spreadsheets or run multiple reports to evaluate the performance
of an individual community or their entire portfolio.

Yardi has also partnered with the National Investment Center
for Seniors Housing & Care (NIC) to bring the nonprofit’s market data into Senior
IQ. Providers who have an active NIC MAP
account can benchmark against competitors
on occupancy, rent and rent growth. Those that do not yet subscribe to NIC MAP
can still view internal benchmarks.

“NIC is thrilled that Yardi has taken the important step of integrating
the NIC MAP data into its Senior IQ product, making this critical information
readily available to their clients. Included within the NIC MAP data are
Seniors Housing Actual Rates which provide critical increased transparency to
our sector and, therefore, serve as NIC’s highest priority data initiative,”
said Brian Jurutka, president and CEO of NIC.

 “So much in senior
living depends on data, but collecting, analyzing and sharing it has always taken
time,” said Ray Elliott, vice president of senior living at Yardi. “Senior IQ simplifies
things with ready-to-go dashboards and KPIs. Add in NIC’s benchmark data, and senior
living providers now have the information they need at a glance to guide their
business forward.”

Learn more about Senior IQ and its business intelligence benefits for senior living.

About NIC

The National Investment Center for Seniors Housing &
Care (NIC) is a nonprofit organization whose mission is to support access and
choice for America’s seniors by providing data, analytics and connections that
bring together investors and providers. For more information, visit nic.org.

About Yardi

Yardi® develops and supports industry-leading investment and
property management software for all types and sizes of 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.