Oregon real estate company adds construction management and budgeting to new core platform
SANTA BARBARA, CALIF., Jan. 12, 2016 – Real estate developer and manager ScanlanKemperBard Companies (SKB) is unifying several property management operations within Yardi Voyager® 7S, a fully mobilized Software as a Service platform.
Yardi Voyager is the foundation of a single solution stack for SKB’s front office and back office operations. The company will manage construction budgeting, job cost and financials by adding Yardi Construction Management™, a full-service job costing and receivables solution built into Yardi Voyager. In addition, SKB will receive accurate budget projections for revenue and expenses from Yardi Advanced Budgeting & Forecasting™, a solution that uses the tenant lease data in Yardi Voyager to automate budgeting, forecasting, valuations and modeling.
“Voyager gives us a total solution to replace the outdated systems we previously used for these operations. We anticipate new levels of efficiency from adding properties without increasing overhead costs, distributing reports to shareholders electronically rather than with paper, reducing our IT infrastructure with cloud hosting and cutting our budgeting lead time,” said David E. Vote, systems manager for SKB.
“Yardi® is pleased that SKB has a platform that reduces accounting and reporting cycle times, easily scales to accommodate growth strategies and provides transparency that inspires investor confidence and meets compliance obligations,” said Terri Dowen, senior vice president of sales for Yardi.
About ScanlanKemperBard Companies
ScanlanKemperBard Companies of Portland, Ore., is a real estate merchant banking firm that acquires, develops and manages value-add and opportunistic office, retail, industrial, mixed-use and hotel properties in the Western United States. The company partners with institutions, family offices and high net worth individuals. Founded in 1993, ScanlanKemperBard has completed $3.51 billion in activity involving 25.7 million square feet. For more information, visit www.skbcos.com.
Now in its fourth decade, Yardi® is committed to the design, development and support of software for real estate investment management and property management. With the Yardi Commercial Suite™, the Yardi Multifamily Suite™, Yardi Investment Suite™ and Yardi Orion® Business Intelligence, the Yardi Voyager® platform is a complete real estate management solution. It includes operations, accounting and ancillary processes and services with portfolio-wide business intelligence and platform-wide mobility. Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in North America, Asia, Australia, Europe and the Middle East. For more information, visit www.yardi.com.