{"id":338267,"date":"2022-04-15T10:27:50","date_gmt":"2022-04-15T17:27:50","guid":{"rendered":"https:\/\/www.yardi.com\/?post_type=yardi-testimonials&#038;p=338267"},"modified":"2024-03-06T10:11:33","modified_gmt":"2024-03-06T17:11:33","slug":"caddo-office-reimagined-on-yardi-kube","status":"publish","type":"yardi-testimonials","link":"https:\/\/www.yardi.com\/en-gb\/about-us\/success-stories\/caddo-office-reimagined-on-yardi-kube\/","title":{"rendered":"Caddo Office Reimagined on Yardi Kube"},"content":{"rendered":"<div class=\"uk-container-expand uk-cover-container uk-height-medium uk-background-secondary uk-light uk-margin uk-flex uk-flex-center uk-flex-middle\">\n    <div class=\"uk-position-cover uk-background-image uk-background-cover uk-flex uk-flex-center uk-flex-middle\" style=\"background-image:url(https:\/\/www.yardi.com\/wp-content\/plugins\/cmw-client-success\/public\/images\/generic\/6.jpg);\">\n    <div class=\"uk-width-4-5 uk-margin-auto uk-grid\">\n        <div class=\"uk-width-1-1 uk-width-auto@m uk-text-center uk-text-middle uk-overlay uk-overlay-primary uk-light uk-padding-small\" style=\"border:4px solid #fff;\">\n            <p class=\"uk-h2 uk-text-bold\">Client Success<\/p>\n        <\/div>\n        <div class=\"uk-width-expand uk-text-left uk-text-middle uk-overlay uk-overlay-primary uk-light uk-padding-small uk-visible@m\" style=\"border:4px solid #fff; border-left:0px; min-width: 200px;\">\n            <p class=\"uk-h2 uk-text-bold\">Caddo Office Reimagined<\/p>\n        <\/div>\n        <div class=\"uk-width-expand uk-text-left uk-text-middle uk-overlay uk-overlay-primary uk-light uk-padding-small uk-hidden@m\" style=\"border:4px solid #fff; border-top:0px; min-width: 200px;\">\n            <p class=\"uk-h3 uk-text-bold\">Caddo Office Reimagined<\/p>\n        <\/div>\n    <\/div>\n    <\/div>\n<\/div>\n<div class=\"uk-container-large uk-margin-auto uk-padding-small uk-padding-remove@m\">\n<!-- breadcrumbs & download link -->\n        <div class=\"uk-align-left\">\n        <p class=\"uk-text-small\" id=\"breadcrumbs\"><span><a href=\"https:\/\/www.yardi.com\/\">Home<\/a> \u00bb <span>\n            <a href=\"https:\/\/www.yardi.com\/about-us\/success-stories\/\">Success Stories<\/a> \u00bb \n            <span class=\"breadcrumb_last\" aria-current=\"page\">Caddo Office Reimagined on Yardi Kube<\/span><\/span><\/span><\/p>\n        <\/div>\n        <div class=\"uk-text-right\">\n            <p class=\"uk-text-small\" ><a href=\"https:\/\/www.yardi.com\/en-gb\/about-us\/success-stories\/caddo-office-reimagined-on-yardi-kube\/?format=pdf\" target=\"_blank\" class=\"uk-link-text\">view\/download the pdf<\/a><\/p>\n        <\/div>\n<\/div>\n<div class=\"uk-clearfix\"> <\/div>\n\n<div class=\"uk-container-expand\">\n    <div class=\"uk-grid uk-grid-collapse uk-overflow-hidden\" uk-grid uk-height-match>\n        <div class=\"cmw-hm uk-width-2-3@m\">\n            <div class=\"uk-padding-large uk-padding-remove-vertical\">\n                <div uk-slider=\"center: true\">\n                    <div class=\"uk-position-relative uk-visible-toggle\" tabindex=\"-1\">\n                        <ul class=\"uk-slider-items uk-padding-horizontal uk-child-width-2-3@s uk-grid\">\n                                                                                    <li>\n                                <div class=\"\">\n                                    <blockquote>\n                                        <p class=\"uk-margin-small-bottom\">We want to make it frictionless for our members to do business with us. We want as many self-service options as we can get for our customers, to give them the most productive workspace possible. Yardi Kube and its mobile app make that happen.<\/p>\n                                        <footer class=\"uk-text-right\">Tim Slaughter, President, Caddo Office Reimagined &#038; Managing Partner, Caddo Holdings<\/footer>\n                                    <\/blockquote>\n                                <\/div>\n                            <\/li>\n                                                        <li>\n                                <div class=\"\">\n                                    <blockquote>\n                                        <p class=\"uk-margin-small-bottom\">Consumers do everything with apps and expect the convenience of it. As a flexible office provider, we need to deliver that streamlined experience to our customers and Yardi is helping us do that with smart tech access control.<\/p>\n                                        <footer class=\"uk-text-right\">Tim Slaughter, President, Caddo Office Reimagined &#038; Managing Partner, Caddo Holdings<\/footer>\n                                    <\/blockquote>\n                                <\/div>\n                            <\/li>\n                                                                                <\/ul>\n                        <a class=\"uk-position-center-left uk-position-small uk-hidden-hover\" href=\"#\" uk-slidenav-previous uk-slider-item=\"previous\"><\/a>\n                        <a class=\"uk-position-center-right uk-position-small uk-hidden-hover\" href=\"#\" uk-slidenav-next uk-slider-item=\"next\"><\/a>\n                    <\/div>\n                    <ul class=\"uk-slider-nav uk-dotnav uk-flex-center uk-margin\"><\/ul>\n                <\/div>\n            <\/div>\n            <div class=\"uk-padding-large uk-padding-remove-vertical\">\n                <div class=\"uk-margin\">\n<h3 class=\"uk-margin-small\">The Company<\/h3>\n<p class=\"uk-margin-remove\">Caddo Office Reimagined is an offshoot of Caddo Holdings, which was formed in 2009 by Justin Engler, Dustin Schilling and Tim Slaughter. \u201cOffice Reimagined\u201d signifies the innovative solutions that Caddo continues to develop in the rapidly evolving flexible office space sector.<br><br>Caddo provides members with their ideal neighborhood office: a place to work that is near home, but not at home. Its standalone neighborhood office buildings offer private office suites with four hard walls and a lockable door with a 60-day cancellation, no-term lease. This unique model provides members with focus, credibility and balance. Caddo plans to continue expanding with additional locations across North Texas.<br><br><\/p>\n<\/div>\n\n<div class=\"uk-margin\">\n<h3 class=\"uk-margin-small\">The Challenge<\/h3>\n<p class=\"uk-text-bold uk-margin-remove\">Disparate Systems, Manual Processes<\/p>\n<p class=\"uk-margin-remove\">When Caddo acquired its first three coworking office properties in 2019, they came with an in-house management system developed by the previous owner. The system couldn\u2019t process automatic payments and required manual input for accounts receivable journal entries from Yardi Voyager. Caddo tried another software system, but it also failed to provide the data integration they needed to be efficient. Those limitations led Caddo to seek a new software solution that would integrate with Voyager and provide automated workflows for end-to-end operational tasks. With plans to grow their office operations from three locations to twenty in five years, Caddo sought a robust coworking platform backed by an established company that invests in its technology solutions.<br><br><\/p>\n<\/div>\n\n<div class=\"uk-margin\">\n<h3 class=\"uk-margin-small\">The Solution<\/h3>\n<p class=\"uk-text-bold uk-margin-remove\">Yardi Kube<\/p>\n<p class=\"uk-margin-remove\">Yardi Kube is an all-in-one platform that delivers property, accounting and IT management for flexible workspaces. The platform eliminates manual billing and paperwork and helps companies grow and scale by streamlining member management, lead generation, IT needs, accounting and reporting. Members can access self-service options and prospects can access a marketplace, while operators gain comprehensive oversight. Yardi Kube works seamlessly with Yardi Voyager to address all accounting needs for shared space from accounts payable to real-time financial reporting. A mobile app further facilitates self-service for members including bookings, billing, door access and more to provide a superior experience.<br><br><\/p>\n<\/div>\n\n<div class=\"uk-margin\">\n<h3 class=\"uk-margin-small\">The Story<\/h3>\n<p class=\"uk-text-bold uk-margin-remove\">Doing More with a Single Connected Platform<\/p>\n<p class=\"uk-margin-remove\">With the motto, \u201cGet stuff done and be home for dinner,\u201d Caddo\u2019s office spaces are designed to help members work productively and comfortably with a range of easy-to-use services. Caddo also wants its staff to enjoy the same efficiency and benefits. Voyager and Yardi Kube work together seamlessly to make that happen.<br><br>As a Voyager client, having a flexible space management system that syncs with Voyager accounting in real time to deliver a single source of truth was a driver for Caddo to select Yardi Kube. \u201cYardi built an institutional grade platform with Yardi Kube, with a consumer-friendly front end look and feel,\u201d said Tim Slaughter, president of Caddo Office Reimagined. Slaughter remarked on how automating processes \u2014 such as move-ins and move-outs, helps the company operate profitably with a \u201clean and mean\u201d staff. \u201cThe real heavy lifting with tenants comes when they move in and move out. The more those processes are automated, the better, and Yardi helps us with that.\u201d<br><br>Kelli McKnight, Caddo\u2019s VP of finance, is a Voyager enthusiast. \u201cI\u2019ve been using Voyager for a long time. From a financial standpoint, it is by far the easiest system to use. That Yardi Kube integrates with Voyager is wonderful, because we\u2019re able to get the same Voyager detail and avoid extra manual steps to get the information, as we did when we were using another provider.\u201d<br><br>Slaughter also raved about the ease of implementing Yardi Kube. \u201cYardi has a really good implementation process. It was a great experience and it happened both quickly and thoroughly, it was very smooth.\u201d<br><br>Growing Without Adding Staff<br>Caddo expects to add between 300 and 500 new members per year and is pleased to have a scalable platform that doesn\u2019t require adding operational staff. During the pandemic, the company lost one of their accounting staff and haven\u2019t refilled the position \u2014 but they haven\u2019t lost productivity, thanks to Voyager and Yardi Kube.<br><br>Slaughter explained, \u201cWe hire building managers and maintenance personnel as needed, but at the corporate level we can maintain a small staff by automating processes with our software and being more efficient. Especially with move-outs, there are lots of tasks involved and we need to keep as few staff involved as possible. We\u2019re going in the right direction using a single Yardi platform with integrated solutions.\u201d<br><br>Slaughter elaborated that Yardi understands where Caddo is going as a CRE operator, managing multiple assets with the same corporate staff, and working with different partnerships. From an ROI standpoint, the win for Caddo is the ability to spread its existing corporate staff across many locations, thanks to its integrated Yardi platform. \u201cOur corporate team could be just a few more people at 20 locations as it is at five. It\u2019s not going to require linear growth of our staff as we add locations if we do it right by leveraging software integration and automation \u2014 to really marry our business processes with our tech tools,\u201d said Slaughter.<br><br>Caddo also appreciates that numerous Yardi developers are focused on Yardi Kube. \u201cAs a Voyager client, it\u2019s comfortable for us to use Yardi Kube, because Yardi supports its products very well. Yardi is really investing in Yardi Kube and sees it as having a great future. We see that as a true partnership because we can share ideas and help develop the product, so it goes the way customers ultimately want it to go, and it\u2019s exciting for us to be part of that. That gives us confidence to grow, knowing that Yardi is keeping pace and continuing to invest in the solution,\u201d said Slaughter.<br><br>Delivering a Great Member Experience<br>Caddo\u2019s members have provided extremely positive feedback about their experience using Yardi Kube. \u201cIt\u2019s a more stable tech environment and members using the app are happy that they can book conference rooms and make payments on the go,\u201d said Slaughter.<br><br>Providing a branded experience for its members is also important to Caddo, including website portals and the reskinned mobile app, which they encourage all their members to use in order to take advantage of the online services they\u2019ve come to expect as consumers in every other area of their life. \u201cThe app provides a familiar and friendly experience, like renting a storage unit rather than some stodgy real estate transaction,\u201d added Slaughter.<br><\/p>\n<\/div>            <\/div>\n            <div><\/div>\n\n\n        <\/div>\n        <div class=\"cmw-hm-target uk-width-1-3@m uk-flex-first@m\" >\n\n                        <div class=\"uk-display-block uk-width-1-1 uk-padding-small uk-margin-remove\">\n                <div class=\"uk-width-2-3@l uk-align-right\">\n                    <img loading=\"lazy\" decoding=\"async\" class=\"\" width=\"266\" height=\"151\" src=\"https:\/\/www.yardi.com\/wp-content\/uploads\/sites\/93\/2021\/10\/Caddo-Offices.png\" alt=\"Caddo Office Reimagined logo\" data-src=\"https:\/\/www.yardi.com\/wp-content\/uploads\/sites\/93\/2021\/10\/Caddo-Offices.png\" srcset=\"https:\/\/www.yardi.com\/wp-content\/uploads\/sites\/93\/2021\/10\/Caddo-Offices.png 200w, https:\/\/www.yardi.com\/wp-content\/uploads\/sites\/93\/2021\/10\/Caddo-Offices.png?resize=150,150 150w\" data-srcset=\"https:\/\/www.yardi.com\/wp-content\/uploads\/sites\/93\/2021\/10\/Caddo-Offices.png 200w, https:\/\/www.yardi.com\/wp-content\/uploads\/sites\/93\/2021\/10\/Caddo-Offices.png?resize=150,150 150w\">\n                <\/div>\n                <div class=\"uk-clearfix\"> <\/div>\n\n            <\/div>\n            <div class=\"uk-clearfix\"> <\/div>\n            \n            <div class=\"uk-display-block uk-width-1-1 uk-padding-remove uk-height-1-1 uk-margin-remove uk-cover-container\">\n                <div class=\"uk-position-cover uk-background-image uk-background-repeat\" style=\"background-image:url(https:\/\/www.yardi.com\/wp-content\/plugins\/cmw-client-success\/public\/images\/plus_dark_tileable.png);\"><\/div>\n                <div class=\"uk-position-relative uk-margin-left\">\n                    <div class=\"sidebar-inner uk-width-2-3@l uk-float-right uk-margin-small-right\">\n                        <p class=\"uk-text-muted uk-margin\">Overview<\/p>\n\n                        <div class=\"uk-margin\">\n                            <p class=\"uk-text-emphasis uk-text-bold uk-margin-small\">Markets<\/p>\n                            <ul class=\"uk-list cmw-list-condensed uk-margin-remove \">\n                                                                    <li>Coworking<\/li>\n                                                                                                    <li>Commercial<\/li>\n                                                            <\/ul>\n                        <\/div>\n                                                    <div class=\"uk-margin\">\n                                <p class=\"uk-text-emphasis uk-text-bold uk-margin-remove\">Portfolio<\/p>\n                                <p class=\"uk-margin-remove\">9 locations<\/p>\n                            <\/div>\n                                                                            <div class=\"uk-margin\">\n                                <p class=\"uk-text-emphasis uk-text-bold uk-margin-remove\">Client Since<\/p>\n                                <p class=\"uk-margin-remove\">2010<\/p>\n                            <\/div>\n                                                <div class=\"uk-margin\">\n                            <p class=\"uk-text-emphasis uk-text-bold uk-margin-small\">Product Highlighted<\/p>\n                            <ul class=\"uk-list cmw-list-condensed uk-margin-remove \">\n                                                            <li><a href=\"\/products\/shared-space\/\" target=\"_blank\" >Yardi Kube Space Management <\/a><\/li>\n                                                        <\/ul>\n                        <\/div>\n                        <div class=\"uk-margin\">\n                            <p class=\"uk-text-emphasis uk-text-bold uk-margin-small\">Additional Products<\/p>\n                            <ul class=\"uk-list cmw-list-condensed uk-margin-remove \">\n                                                            <li><a href=\"\/products\/yardi-voyager\" target=\"_blank\" >Voyager<\/a><\/li>\n                                                            <li><a href=\"\/products\/commercialcafe\" target=\"_blank\" >CommercialCafe<\/a><\/li>\n                                                        <\/ul>\n                        <\/div>\n                                                    <div class=\"uk-margin\">\n                                <p class=\"uk-text-emphasis uk-text-bold uk-margin-remove\">The Benefits<\/p>\n                                <p class=\"uk-margin-remove\">Connected software saves time and enables expansion without increasing staff size<\/p>\n                            <\/div>\n                                                                        <div class=\"uk-margin\">\n                            <p class=\"uk-text-emphasis uk-text-bold uk-margin-remove\">About Caddo Office Reimagined<\/p>\n                            \n                                <p class=\"uk-margin-remove\"><a href=\"http:\/\/caddooffices.com\" target=\"_blank\" rel=\"noreferrer noopener\">caddooffices.com<\/a><\/p>\n\n                                                    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