{"id":12307,"date":"2015-01-01T05:00:31","date_gmt":"2015-01-01T13:00:31","guid":{"rendered":"http:\/\/www.yardi.com\/blog\/?p=12307"},"modified":"2020-12-24T02:58:18","modified_gmt":"2020-12-24T10:58:18","slug":"pennrose-adds-products","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/pennrose-adds-products\/","title":{"rendered":"Pennrose Adds Products"},"content":{"rendered":"<p>\u201cOur goal is to let our community managers concentrate on helping our company grow and increase revenue,\u201d said Samuel Lopez, systems and implementation manager for multifamily property development company Pennrose Management. \u201cThe single solution stack approach that we adopted with <a href=\"http:\/\/www.yardi.com\/products\/yardi-voyager-residential\/\">Yardi Voyager<\/a><sup>\u00ae<\/sup> and the <a href=\"http:\/\/www.yardi.com\/products\/yardi-multifamily-suite\/\">Yardi Multifamily Suite<\/a>\u2122 gives us the tools to do that.\u201d<\/p>\n<figure id=\"attachment_12378\" aria-describedby=\"caption-attachment-12378\" style=\"width: 200px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-12378 size-medium\" src=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2015\/01\/samuel-lopez-200x300.jpg\" alt=\"samuel-lopez\" width=\"200\" height=\"300\" \/><figcaption id=\"caption-attachment-12378\" class=\"wp-caption-text\">Samuel Lopez of Pennrose. Photo by Gabe Nordyke.<\/figcaption><\/figure>\n<p>He added, \u201cWe don\u2019t want to add work for our managers; we want them following leads and building relationships with current and potential residents, which is what the Yardi products help them do.\u201d<\/p>\n<p>With a sizeable affordable housing portfolio, a core property management and accounting system that incorporates strong compliance is crucial to Pennrose. \u201cBefore Yardi Voyager<sup>\u00ae<\/sup> Affordable, we hand-wrote or typed in tenant income certifications (TIC) or HUD compliance forms 50059 and 50058, then figured out the calculations manually. It took 30-45 minutes to type a TIC, whereas Voyager completes it in a couple of seconds,\u201d Lopez said. \u201cThe compliance piece has been an awesome addition, not only offering easy access to TICs but also tracking compliance for our Tax Credit and HOME program properties.\u201d<\/p>\n<p>Pennrose improved its leasing process with <a href=\"http:\/\/www.yardi.com\/products\/rentcafe\/\">RentCafe<\/a>\u2122, a full online leasing and resident services solution. \u201cRentCafe introduced our staff to the notion that people can complete the entire leasing process online in the convenience of their homes, instead of coming to the office. The integration of RentCafe and Voyager ensures unit availability listings are current. Letting prospects go online to set up appointments, complete applications and credit checks makes our managers\u2019 lives a lot easier,\u201d Lopez said.<\/p>\n<p>Another step toward efficiency came with Yardi <a href=\"http:\/\/www.yardi.com\/products\/yardi-checkscan\/\">CHECKscan<\/a>\u2122, which scans paper rent checks into electronic transactions. \u201cBefore CHECKscan, our managers had to do double work\u2014manually type in payments and do receipting, and then go to the bank and scan the checks there. With CHECKscan, you hit \u2018post\u2019 and Voyager does the rest. It goes into a ledger and hits our bank accounts with no problem,\u201d Lopez said.<\/p>\n<p>Pennrose is taking steps to add other Yardi Multifamily Suite products to Yardi Voyager, including a resident screening solution and an end-to-end procurement platform.<\/p>\n<p>\u201cIf Yardi can do all these things from one platform, why should we burden our managers with multiple passwords and user names? With Voyager and the Multifamily Suite it\u2019s one username and password. Our managers are embracing what Yardi has to offer, which makes my job a lot easier as well,\u201d Lopez said.<\/p>\n<p>With more than 30 years of experience, Pennrose combines quality development and proven management to deliver exceptional lifestyle-centered communities for its residents. With the superior knowledge and unparalleled dedication to get the job done right, Pennrose develops and operates both conventional and affordable communities throughout the eastern half of the United States. For more information, visit <a href=\"http:\/\/www.pennrose.com\">www.pennrose.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cOur goal is to let our community managers concentrate on helping our company grow and increase revenue,\u201d said Samuel Lopez, systems and implementation manager for multifamily property development company Pennrose Management. \u201cThe single solution stack approach that we adopted with Yardi Voyager\u00ae and the Yardi Multifamily Suite\u2122 gives us the tools to do that.\u201d He [&hellip;]<\/p>\n","protected":false},"author":610,"featured_media":12308,"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":[116],"class_list":["post-12307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-yardi-client-profile"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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