Real estate investment, development and management firm Jared Enterprises Management Company has implemented Yardi Voyager
SANTA BARBARA, CALIF., Sept. 23, 2010 – Real estate investment, development and management firm Jared Enterprises Management Company has implemented Yardi Voyager™ as its property management and accounting platform.
Jared Enterprises, whose portfolio includes commercial and residential properties, previously used several property management and accounting platforms. The company determined that replacing them with one system that automates manual processes such as billing and common area maintenance (CAM) reconciliations would improve staff productivity.
“Voyager’s automation of our tenants’ billing statements has been a lifesaver over the past five months. Previously, compiling them required three people and 24 labor hours. Now, one person just hits a button,” said Denise Nathan, accounting manager for Jared Enterprises. “We used to track rent rolls manually. Voyager automatically combines the information, relieving our staff members from spending hours compiling spreadsheets. Voyager will also automatically calculate our year-end CAM reconciliations accurately and faster than is possible doing them manually.”
Yardi also provides hosting services to Jared Enterprises through its Application Service Provider (ASP). With ASP, Yardi serves and maintains the Voyager application and database for Jared Enterprises from its data center. Yardi assumes responsibility for all application updates, network security, hardware, bandwidth and infrastructure, allowing Jared Enterprises to focus on its principal business.
“We are pleased that Voyager is helping Jared Enterprises achieve their business goals. It is gratifying to hear about a client’s success with our products,” said Terri Dowen, senior vice president of sales for Yardi.
Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255