{"id":17258,"date":"2017-02-07T07:00:06","date_gmt":"2017-02-07T15:00:06","guid":{"rendered":"http:\/\/www.yardi.com\/blog\/?p=17258"},"modified":"2021-02-03T15:02:30","modified_gmt":"2021-02-03T23:02:30","slug":"kaiserman-company","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/kaiserman-company\/","title":{"rendered":"Kaiserman Company"},"content":{"rendered":"<p>Arriving at the <a href=\"http:\/\/rittenhouseclaridge.com\/\" target=\"_blank\" rel=\"noopener\">Rittenhouse Claridge<\/a> in Center City Philadelphia on a cold winter\u2019s night in January, the first thing you might notice is a charming string of white holiday lights over the lobby door. Stepping out of the cab into sub-freezing temperatures with wind chill, ducking inside the warm and welcoming lobby felt like stepping into the apartment of a dear friend.<img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-17259\" src=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2017\/01\/IMG_2712.jpg\" alt=\"IMG_2712\" width=\"438\" height=\"435\" \/><\/p>\n<p>We were visiting Philadelphia to see first-hand how <a href=\"http:\/\/www.yardi.com\/\" target=\"_blank\" rel=\"noopener\">Yardi<\/a> client the <a href=\"http:\/\/www.kaiserman.com\/\" target=\"_blank\" rel=\"noopener\">Kaiserman Company<\/a> uses Yardi\u2019s Procure to Pay platform to optimize its procurement process, streamlining ordering and delivery and making invoice approvals easier than ever before.<\/p>\n<p>Procure to Pay has helped Kaiserman save $60,000 annually, reduce paper use by 50 percent, and redirect staff time to other important tasks. The company uses the Yardi Voyager platform for its multifamily and commercial portfolios, and after implementing two years ago, has found the cloud-hosted solution to be invaluable.<\/p>\n<p>\u201cWe love it. I have been in the industry for awhile, used many different platforms, and Yardi is by far my favorite. Our leasing teams, our management teams and even our corporate office have access to Yardi. It just makes doing everyday tasks simpler,\u201d said property manager Eric Schulz.<\/p>\n<p><strong>The Rittenhouse Claridge<\/strong><\/p>\n<p>One of just two apartment buildings located right on Philadelphia\u2019s iconic Rittenhouse Square, the Rittenhouse Claridge was built in the 1950s by its current owner\/operators, the Kaiserman Company. Over the last several years, an effort to restore the property to its midcentury roots has been underway, with charming results.<\/p>\n<p>On the building\u2019s second floor, a sprawling common area with comfortable seating, fireplaces, reading nooks, game tables, a kitchen and private meeting spaces overlooks the Square. In one corner is the spacious gym, where a line of treadmills looks directly over the park.<\/p>\n<p>The vibe of the Claridge is charming but hip. A pet friendly property, residents pass constantly through the lobby with their dogs all day long, headed out for a jaunt around the square. In muddy and rainy weather, they can stop at the dog spa on the second floor for a quick bath on their way in.<\/p>\n<p>Remodeled apartment units feature similar design touches to those found in the second floor living space. And the views of Philadelphia, whether from the rooftop sundeck (open seasonally) or the windows of any apartment unit, can\u2019t be beat.<\/p>\n<p><strong>Watch the Video<\/strong><\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/Y7IVjcvBHTg\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><strong>Better Business Practices<\/strong><\/p>\n<p>Kaiserman Company sought out <a href=\"http:\/\/www.yardi.com\/products\/yardi-procure-to-pay\/\" target=\"_blank\" rel=\"noopener\">Procure to Pay<\/a> as an add-on to its Yardi platform because they wanted to change the way purchasing was handled.<\/p>\n<p>\u201cWe were looking to streamline our purchasing system from the old paper system that we had, to something modern and mobile,\u201d explained controller Len Balestrieri. \u201cBefore P2P, all our ordering was done centrally, not at the property site. We had two people who submitted requisitions and handled pricing and product selection. It was a clumsy process.\u201d<\/p>\n<p><strong>Easy Online Shopping<\/strong><\/p>\n<p>Changing the requisition system entailed asking property managers and maintenance supervisors at each Kaiserman building to submit their own orders through Yardi Marketplace, a one-stop shopping destination for any type of property management supply imaginable.<\/p>\n<p>\u201cThe ordering through the Yardi procurement system allows everyone to be on the same page. So when I make an order or my maintenance supervisor makes an order, it\u2019s all in the same system and all goes to the same place. It\u2019s just like shopping on Amazon.com, and everyone knows how to do that,\u201d said Schulz.<\/p>\n<p>Within a few weeks, the old-fashioned triplicate carbon requisition forms that Kaiserman had been using were gone for good. And for a company with a green mission, that was a huge win.<\/p>\n<p>\u201cAt the Kaiserman Company our logo is blue but our mission is always green,\u201d Schulz explained. \u201cAnytime we look to build any new assets or do renovations, we always look for the most carbon friendly option. Procure to Pay is allowing us to meet our paper reduction goals.\u201d<\/p>\n<p>So far, Procure to Pay has allowed Kaiserman to cut back their paper use by 50 percent. That\u2019s a huge cost savings, and a lot of trees.<\/p>\n<p><strong>Enabling Mobile Approvals<\/strong><\/p>\n<p>Moving to Procure to Pay not only changed the way orders were handled at Kaiserman, but it also sped up supply deliveries, and enabled mobile electronic approvals through Yardi PAYscan.<\/p>\n<p>This has allowed work to get done more quickly and invoices to be paid faster.<\/p>\n<p>\u201cMobility is the future of our industry, and Yardi is definitely setting us up to support that,\u201d said Schulz. Both he and Balestrieri enjoy the convenience of being able to approve purchase requests on the go, whether they are onsite at another property, working from home, or attending an industry event.<\/p>\n<p>\u201cThere are a lot of times that I am not in the office to approve invoices, and I am the final approver \u2013 if I am not there to approve it, that invoice it just sits there until I sign,\u201d Balestrieri said.<\/p>\n<p>\u201cI\u2019ve been in the real estate business for 24 years and seen the changing technology. It has made my life simpler and my work easier,\u201d Balestrieri said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arriving at the Rittenhouse Claridge in Center City Philadelphia on a cold winter\u2019s night in January, the first thing you might notice is a charming string of white holiday lights over the lobby door. Stepping out of the cab into sub-freezing temperatures with wind chill, ducking inside the warm and welcoming lobby felt like stepping [&hellip;]<\/p>\n","protected":false},"author":413,"featured_media":17259,"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":[5,3354],"tags":[1819,549,885,152,40,116,1681],"class_list":["post-17258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people","category-team-yardi","tag-kaiserman-company","tag-philadelphia","tag-procure-to-pay","tag-video","tag-yardi","tag-yardi-client-profile","tag-yardi-marketplace"],"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=\"Arriving at the Rittenhouse Claridge in Center City Philadelphia on a cold winter\u2019s night in January, the first thing you might notice is a charming\" \/>\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=\"Kaiserman Company\" \/>\n<meta property=\"og:description\" content=\"Arriving at the Rittenhouse Claridge in Center City Philadelphia on a cold winter\u2019s night in January, the first thing you might notice is a charming\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/kaiserman-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-07T15:00:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-03T23:02:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2017\/01\/IMG_2712.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"636\" \/>\n\t<meta property=\"og:image:height\" content=\"632\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Leah Etling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Leah Etling\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/kaiserman-company\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/kaiserman-company\/\",\"name\":\"Kaiserman Company - 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