K&S Company, Named a �Best Employer� by a Leading Business Publication, Cites Yardi

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SANTA BARBARA, CALIF., Aug. 19, 2009 -Commercial and residential property management firm K&S Company has earned designation by the San Francisco Business Times as a top-rated local employer for two consecutive years. In discussing this honor, K&S CEO Robert Sasaki said that Yardi Voyager™, a fully integrated property management system, made the company more efficient and therefore enabled its employees to better meet clients’ needs.

The San Francisco Business Times named K&S, one of the 25 largest property management companies in the San Francisco Bay Area, the fifth best place to work (25 to 50 employees) in the Bay Area in 2009. “I attribute this recognition largely to Yardi Voyager, which lets our employees devote their energies to customer service and property management rather than to handling paper,” Sasaki said.

Before implementing Yardi Voyager in early 2007, K&S used paper — including carbon paper for copies — to manage property and accounting functions. “Integrating our accounting and property management functions allowed us to eliminate paper and cut document storage and processing costs dramatically. We have become far more efficient with Voyager and manage our leases without wasting resources,” Sasaki said.
Seeking to extend Yardi Voyager’s value even further, K&S intends to implement Yardi CHECKscan™, Yardi PAYscan™, and Yardi Portal™. K&S would use CHECKscan to streamline the rent payment collection process, PAYscan to automate the invoice approval process, and Portal to accept online payments and manage the application process through its website, which attracts more than 100,000 visitors annually.
K&S currently takes advantage of Yardi’s Application Service Provider hosting service. Yardi hosts the application and database, assuming responsibility for network support and resources, system security, and business continuity. “ASP has also helped make us a better place to work by letting our employees focus on their core responsibilities and utilize their strongest talents rather than worrying about IT systems,” Sasaki said.

“Yardi worked closely with K&S to implement an integrated solution that helped employees set new standards for efficiency. We are pleased to play a role in earning K&S richly deserved recognition as an outstanding employer,” said Terri Dowen, Yardi senior vice president of Sales.

About K&S Company Inc.
Established in 1958 and headquartered in Albany, Calif., K&S is a full-service property management company that provides services to owners of shopping centers, office buildings and apartment complexes. Its property managers, accountants and leasing agents handle half a billion dollars in real estate assets. The company philosophy has been to focus specifically on the details of property management, so K&S offers no brokerage or development services that our clients might view as conflicts. For more information, visit www.kands.com.

About Yardi
For more than 25 years, Yardi Systems has been solely committed to the design, development, and support of real estate investment management and property management software. Recognized as an industry leader, Yardi continues to develop and deliver software and services with the highest dedication to responsiveness, quality, innovation, and customer focus. Yardi Systems has offices throughout Asia, Australia, Europe and North America. More information about Yardi products and services may be found by visiting www.yardi.com.

Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255

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