{"id":11381,"date":"2014-09-04T05:00:55","date_gmt":"2014-09-04T12:00:55","guid":{"rendered":"http:\/\/www.yardi.com\/blog\/?p=11381"},"modified":"2020-12-24T02:44:58","modified_gmt":"2020-12-24T10:44:58","slug":"genesis2","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/genesis2\/","title":{"rendered":"Next Gen Genesis"},"content":{"rendered":"<p>When seeking your ideal <a href=\"https:\/\/www.yardi.com\/products\/property-management-software\/\" target=\"_blank\" rel=\"noopener noreferrer\">property management software<\/a>, you will likely wade through countless options, each offering a different combination of services at a range of prices. You\u2019ll come across fea<img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-11383 alignright\" src=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2014\/09\/Genesis2-300x127.jpg\" alt=\"Genesis2\" width=\"300\" height=\"127\" \/>tures that you crave, other that you don\u2019t need, and several that you might not understand. One product makes your decision simple: Genesis\u00b2.<\/p>\n<p><a title=\"Yardi Genesis2\" href=\"http:\/\/www.yardi.com\/products\/yardi-genesis-2\" target=\"_blank\" rel=\"noopener noreferrer\">Yardi Genesis\u00b2\u2122<\/a> is our cost-effective Software as a Service (SaaS) property management and accounting solution that is crafted for clients with under 1,000 units or less than 1 million square feet. \u00a0This cloud-based, browser agnostic tool combines your operational and accounting data in a single database that you can access anywhere you have an internet connection. The beauty of this simplicity: lower overhead costs thanks to automated workflows, streamlined processes that minimize human error, and hassle-free automatic updates that reward your IT crew with time for other tasks.<\/p>\n<p>Now that you\u2019ve got the gist, let\u2019s dive into the details. Genesis\u00b2\u00a0 features a robust general ledger with accounts receivable and accounts payable functions, check writing, and bank reconciliation. The software offers easy-to-use dashboards with quick analytics and reporting; Genesis\u00b2<sup>\u00a0<\/sup>is equipped with over 140 industry-standard reports that can be exported quickly to Adobe\u00ae PDF, Microsoft Word\u00ae, or Microsoft Excel\u00ae.\u00a0With built-in security features and automatic updates, your data stays safe.<\/p>\n<p>Whether your portfolio includes multifamily, condo, office, industrial, or retail properties, Genesis\u00b2<sup>\u00a0<\/sup>has specialized features for each property type. For commercial clients, the software hones in on your financial needs, providing automated functionality for estimated CAM reconciliation. Reports can be shared with your tenants and the charges or credits can be easily posted to their accounts.<\/p>\n<p>Specifically for retail properties, the overage module calculates and posts the additional charges due based on sales figures submitted by your tenant, and for leases with price index clauses a lease escalation function is available.<\/p>\n<p>With all property types, Genesis\u00b2\u00a0 tracks your work order data including vendor, work order status, commission, charges and payables. When paying vendors or owners, users can create an EFT file and choose between single transaction entry or batch entry.<\/p>\n<p>Genesis\u00b2\u00a0is not an app driven software, though several apps and add-ons are available. For example, work orders can be scheduled, documented and completed via Maintenance Mobile, which is included in Genesis\u00b2\u00a0 core package. The software\u00a0is also compatible with other products for marketing, online and cash payments, check scanning, and resident screening.<\/p>\n<p>Genesis\u00b2\u00a0is the premiere management and accounting solution for clients with small to midsized portfolios who want a simple, out-of-the-box system.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When seeking your ideal property management software, you will likely wade through countless options, each offering a different combination of services at a range of prices. You\u2019ll come across features that you crave, other that you don\u2019t need, and several that you might not understand. One product makes your decision simple: Genesis\u00b2. Yardi Genesis\u00b2\u2122 is [&hellip;]<\/p>\n","protected":false},"author":440,"featured_media":11383,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[895,341,40],"class_list":["post-11381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-genesis-2","tag-property-management","tag-yardi"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yardi Blog<\/title>\n<meta name=\"description\" content=\"When seeking your ideal property management software, you will likely wade through countless options, each offering a different combination of services at\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Next Gen Genesis\" \/>\n<meta property=\"og:description\" content=\"When seeking your ideal property management software, you will likely wade through countless options, each offering a different combination of services at\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/genesis2\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2014-09-04T12:00:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-24T10:44:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2014\/09\/Genesis2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"284\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Erica Rasc\u00f3n\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Erica Rasc\u00f3n\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/genesis2\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/genesis2\/\",\"name\":\"Next Gen Genesis - 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