{"id":355979,"date":"2024-02-27T08:35:24","date_gmt":"2024-02-27T15:35:24","guid":{"rendered":"https:\/\/www.yardi.com\/?post_type=yardi-testimonials&#038;p=355979"},"modified":"2024-03-07T13:58:36","modified_gmt":"2024-03-07T20:58:36","slug":"355979","status":"publish","type":"yardi-testimonials","link":"https:\/\/www.yardi.com\/en-gb\/about-us\/success-stories\/355979\/","title":{"rendered":""},"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\/uploads\/sites\/93\/2024\/02\/pexels-luis-ruiz-1292843.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\"><strong>GWL Realty Advisors on Yardi Payment Processing <\/strong><\/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\"><strong>GWL Realty Advisors on Yardi Payment Processing <\/strong><\/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\"><\/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\/355979\/?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\">By automating and digitizing payment processing, GWLRA can reduce costs, improve data accuracy, and enhance productivity. You add convenience and gain security when you have an integrated online property management and accounting system.<\/p>\n                                        <footer class=\"uk-text-right\">Sarah Heppenstall, Director, Business Systems<\/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\"><strong>The Company<\/strong><\/h3>\n<p class=\"uk-margin-remove\">Toronto-based GWL Realty Advisors Inc. (GWLRA) is a leading North American real estate investment advisor providing comprehensive asset management, property management, development and specialized real estate advisory services to pension funds and institutional clients. The company manages a diverse portfolio of office, industrial, retail, and multi-residential assets as well as an active pipeline of new development projects.\u00a0<\/p>\n<\/div>\n\n<div class=\"uk-margin\">\n<h3 class=\"uk-margin-small\"><strong>The Challenge<\/strong><\/h3>\n<p class=\"uk-text-bold uk-margin-remove\"><strong>Delayed Payments Hindered Transparency<\/strong><\/p>\n<p class=\"uk-margin-remove\">GWLRA set the initiative to have all staff, tenants and vendors use the same payment processing platform to make reporting consistent and easy. \u201cThe property site staff\u2019s top priority is serving tenants which would sometimes delay depositing cheques. As a result, we didn\u2019t get an immediate bank reflection of the funds held by the property,\u201d recalled Sarah Heppenstall, director of corporate finance for GWLRA.<\/p>\n<\/div>\n\n<div class=\"uk-margin\">\n<h3 class=\"uk-margin-small\"><strong>The Solution<\/strong><\/h3>\n<p class=\"uk-text-bold uk-margin-remove\"><strong>Yardi Payment Processing<\/strong><\/p>\n<p class=\"uk-margin-remove\">GWLA adopted Yardi Payment Processing for its residential and commercial properties. Payment Processing, a complete solution for accounts receivable and payable, offers occupants and vendors of GWLRA properties multiple payments options. From facilitating one-time or recurring payments by cheque, credit, or pre-authorized debit via a secure portal.<br>\u00a0<br>Payments made to GWLRA through Payment Processing are distributed electronically and recorded in Voyager in real time. This saves staff time previously spent on bank runs, reduces manual errors, and decreases paper use.<\/p>\n<\/div>\n\n<div class=\"uk-margin\">\n<h3 class=\"uk-margin-small\"><strong>The Story<\/strong><\/h3>\n<p class=\"uk-text-bold uk-margin-remove\"><strong>Faster Rent Collection, Better Staff Utilization<\/strong><\/p>\n<p class=\"uk-margin-remove\">Payment Processing saves GWLRA\u2019s staff an average of four hours per month by reducing bank trips. \u201cIt\u2019s more constructive to give our team the time needed to focus on high-priority tasks rather than filling out deposit slips and standing in a line at the bank,\u201d Heppenstall said.<br>\u00a0<br>The fast electronic recording of receipts into the bank also provides better visibility of cash flow at GWLRA properties and quicker, more accurate financial reporting. The automation also eliminated the tedious task of reinputting data and need for email or telephone follow-ups with tenants. Providing tenants, the avenue to pay outstanding balance in a timely manner. Fostering a more efficient office environment and improving customer service.<br>\u00a0<br>\u201cWith Yardi we can set up specific user access. For example, property team members now have secure and easy access to the arrears and the statement of accounts. This is more convenient than having them to rely on the finance department to run this information,\u201d according to Heppenstall.<\/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\/2024\/02\/download.png\" alt=\"<strong>GWL Realty Advisors on Yardi Payment Processing <\/strong> logo&#8221; data-src=&#8221;https:\/\/www.yardi.com\/wp-content\/uploads\/sites\/93\/2024\/02\/download.png&#8221; srcset=&#8221;https:\/\/www.yardi.com\/wp-content\/uploads\/sites\/93\/2024\/02\/download.png 363w, https:\/\/www.yardi.com\/wp-content\/uploads\/sites\/93\/2024\/02\/download.png?resize=300,115 300w&#8221; data-srcset=&#8221;https:\/\/www.yardi.com\/wp-content\/uploads\/sites\/93\/2024\/02\/download.png 363w, https:\/\/www.yardi.com\/wp-content\/uploads\/sites\/93\/2024\/02\/download.png?resize=300,115 300w&#8221;>\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>Office<\/li>\n                                                                    <li>Residential<\/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\">265 properties across Canada with 42 million square feet of rentable commercial and residential space.<\/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\">2000<\/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\/yardi-payment-processing\/\" target=\"_blank\" >Payment Processing<\/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\/rentcafe\/\" target=\"_blank\" >RentCafe<\/a><\/li>\n                                                            <li><a href=\"\/products\/yardi-resident-screening-for-canada\/\" target=\"_blank\" >Resident Screening<\/a><\/li>\n                                                            <li><a href=\"\/products\/elearning\" target=\"_blank\" >Aspire<\/a><\/li>\n                                                            <li><a href=\"\/products\/construction-manager\/\" target=\"_blank\" >Construction Manager <\/a><\/li>\n                                                            <li><a href=\"\/products\/yardi-procure-to-pay\" target=\"_blank\" >Procure to Pay Suite<\/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\">Payment Processing sped up GWLRA\u2019s rent collection, eliminated time spent going to the bank and gave staff more time for value-add tasks. Instead of having to scan cheques and then perform batch entry, Payment Process automates the process, with automatic data entry into Voyager.<\/p>\n                            <\/div>\n                                                                        <div class=\"uk-margin\">\n                            <p class=\"uk-text-emphasis uk-text-bold uk-margin-remove\">About <strong>GWL Realty Advisors on Yardi Payment Processing <\/strong><\/p>\n                            \n                                <p class=\"uk-margin-remove\">www.gwlra.com<\/p>\n\n                                                    <\/div>\n                                                <div class=\"uk-margin\">\n                            <a class=\"uk-button uk-button-default\" href=\"\/about-us\/request-information\">Request Info<\/a>\n                        <\/div>\n       \n             \n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    \n    <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":607,"template":"","yardi-market":[],"yardi-product":[1518],"class_list":["post-355979","yardi-testimonials","type-yardi-testimonials","status-publish","hentry","yardi-product-payment-processing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>- Yardi<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/about-us\/success-stories\/355979\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-07T20:58:36+00:00\" \/>\n<meta property=\"og:image\" 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