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Yardi recently spoke with Al-Futtaim Malls to see how our solution for budgeting and forecasting helped the company save over 30 hours of data gathering and strategic planning through an end-to-end solution.
About Company
Al-Futtaim Malls provides asset management and development expertise, specialising in building retail-led super-regional malls in prime locations across MENA and beyond. With a proven track record of creating sustainable revenue growth and value enhancement for tenants, the company delivers exceptional experiences and exciting shopping environments for customers.
The Challenge
The company relied on disparate tools and manually gathering data became a challenge across multiple revenue sources. It needed a solution that would allow it to access reports on its budgeted monthly revenue stream, area occupancy and future cash flows to support planning initiatives for its team.
The Solution & Results
Al-Futtaim Malls implemented Yardi’s solution for budgeting and forecasting as part of its wider digital transformation strategy. The innovative technology continuously measures the financial health of its real estate investments. It replaces labour-intensive, error-prone spreadsheets and delivers quick, accurate budgets, customer forecasts and valuations from a single connected platform.
The company has made significant progress on Yardi’s solution for budgeting and forecasting and has shown how Yardi’s technology can help multiple shopping malls prosper.
“Yardi’s solution for budgeting and forecasting not only saves time during planning cycles but also promotes user accountability, data reliability and represents one source of truth for forecast and budget revenue. The output is also customised as per our needs and we could not be more grateful for that.”
Discover how Yardi’s solution for budgeting and forecasting helped Al-Futtaim Malls save over 30 hours of data gathering and strategic planning through a single connected solution in our latest case study by clicking the button below.
