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Yardi recently spoke with Vistra to see how Yardi’s innovative cloud software enabled the company to standardise, automate and streamline processes across multiple jurisdictions and currencies as well as save one week per quarter on investor reporting.
Ranked within the Top 3 of the industry, Vistra is a leading global fund and corporate service provider. The company has more than 9,000 professionals in 100+ offices, supporting clients in over 50 markets across the globe. Vistra represents nearly half of the Fortune Global 500 and works with two thirds of the PEI 300, including every one of the Top 10.
The Challenge
Vistra had acquired multiple systems which were being used across various jurisdictions. Due to the disparate platforms, it made it difficult for them to work with different languages and standards in each region.
The company needed a single solution that could consolidate its data, onboard new customers quickly and standardise processes.
The Solution
Vistra implemented Yardi’s investment and asset management software to utilise a single platform. This included the Yardi Investment Suite, Yardi Construction Manager and Yardi Procure to Pay.
Since implementing Yardi’s software, Vistra has benefitted from one platform to optimise operations, consolidate data and enhance ways of working. In addition, the company wished to have everything in one place so they could access “clean” data, collaborate easily and report quickly. Thanks to Yardi’s single, integrated platform, the global fund manager has one source of truth, can create custom reports and access real-time insights.
“I’m passionate about Yardi. Especially what we’re doing for our Client Services Delivery team and clients. I have high expectations which the Yardi team understands, so they are always willing to listen, adapt and help deliver what we need. For example, Yardi worked with us to develop automated INREV reporting, which is a USP for us. Our goal at Vistra is to offer a best-in-class service to our clients and with Yardi we’ve achieved this.”
Tania Green, Global Real Estate Platform Director, Technology & Operations
See how Vistra saved one week per quarter on reporting and can now complete bookkeeping on a live basis instead of monthly in our latest case study by clicking the button below.
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