{"id":18238,"date":"2017-06-22T14:53:38","date_gmt":"2017-06-22T21:53:38","guid":{"rendered":"http:\/\/www.yardi.com\/blog\/?p=18238"},"modified":"2026-02-22T15:27:50","modified_gmt":"2026-02-22T23:27:50","slug":"cre-trends","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/cre-trends\/","title":{"rendered":"CRE Tech Trends"},"content":{"rendered":"

Rob Teel, senior vice president of global solutions for Yardi, offered perspective on new tools that help commercial real estate companies gather, analyze and use data in new ways in an interview at the Realcomm conference in San Diego.<\/p>\n

\"Teel<\/a>
Teel accepted the Digie award for innovation in commercial real estate technology at the Realcomm conference in San Diego.<\/figcaption><\/figure>\n

Guided by collaboration with clients and industry trends, Yardi is directing its product development beyond traditional accounting and back office systems.\u00a0 “Most transactions, such as purchase orders by employees and work orders by tenants, start in the field and usually on a mobile platform. We want to continue pushing ERP upstream to the source of transactions, and capture data that goes to the general ledger from the first transaction,\u201d Teel explained.<\/p>\n

He cited COMMERCIALCaf\u00e9<\/em> Tenant, a downloadable app that extends online services to mobile devices, as an example of this effort.<\/p>\n

VENDORCaf\u00e9<\/em>, which automates manual processing involved in validating and onboarding vendors, also offers secure, mobile access to the ERP.<\/p>\n

Teel also mentioned the investments Yardi has made, through acquisitions and development, to develop a comprehensive energy offering that includes intelligent HVAC optimization, submeter-level usage analysis and fault detection.\u00a0 With these capabilities in hand, Yardi now focuses on putting them together as \u201ca holistic offering that helps clients reduce their energy spend and promote sustainability,\u201d he said.<\/p>\n

He also discussed Yardi Matrix in terms of the artificial intelligence and guided analytics trends that were popular topics of discussion at Realcomm.\u00a0 For years Yardi Matrix has been gathering information on commercial, multifamily and self storage facilities across the U.S.<\/p>\n

The challenge now, Teel said, is to \u201cuse that repository of information about leases, rental rates and other characteristics to help clients make smart decisions about pricing properties, forecasting budgets and reporting to analysts and stakeholders,\u201d Teel said.\u00a0 Extending Yardi Matrix beyond data capture and leveraging the \u201cpot of gold we\u2019re sitting on\u201d will \u201cinject business intelligence into the daily cycle and make clients smarter.\u201d<\/p>\n

Teel\u2019s interview was broadcast live on Realcomm\u2019s YouTube channel on June 15. Watch it below:
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