New Zealand property firm selects single technology stack to incorporate solutions for business intelligence, budgeting, maintenance and construction
Auckland, New Zealand, June 4, 2015 – Diversified property fund Argosy Property Limited will manage its entire office, retail and industrial business with Yardi Voyager® 7S, a mobile-enabled and tablet compatible system for commercial property management and trust accounting.
Yardi Voyager 7S, a core property management and trust accounting platform, forms the basis of a full business solution for Argosy. Other components of Argosy’s single stack Yardi platform include:
- Yardi Orion™ Business Intelligence, a mobile-enabled platform that will give Argosy a 360-degree view of its business;
- Yardi Advanced Budgeting & Forecasting™, an automated solution that delivers accurate budget projections for revenue and expenses using tenant lease data drawn from Yardi Voyager;
- Yardi Advanced Maintenance™, which will allow Argosy to schedule, track and manage all facilities maintenance, fixed asset management and inspections from a desktop or mobile device;
- Yardi Construction Management™, a full-service job costing solution that will let Argosy manage the financial aspects of the construction lifecycle.
“Our goal was to find a property-specific platform that could house our entire business in a single database. After an extensive evaluation process, we decided that Voyager and the Yardi commercial solution represented the best fit and value for our business,” said Dave Fraser, chief financial officer for Argosy.
“This is an exciting time as the Yardi offerings continue to grow in New Zealand. We are pleased that Argosy will benefit from the cost savings and staff efficiencies made possible by the powerful capabilities of Voyager 7S,” said Neal Gemassmer, vice president of international for Yardi.
About Argosy Property Limited
Argosy Property Limited is one of the largest diversified property funds listed on the New Zealand Stock Exchange. It has a $1.306 billion portfolio in 68 properties across the retail, office and industrial sectors. Argosy is invested in a portfolio that is diversified by sector, grade, location and tenant mix. The portfolio is located in the Auckland and Wellington markets with modest tenant-driven exposure to provincial markets. For more information, visit www.argosy.co.nz.
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™, Yardi Residential 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 services with portfolio-wide business intelligence and platform-wide mobility. Yardi serves clients worldwide from offices in Australia, Asia, Middle East, Europe and North America. For more information, visit www.yardi.com.au.