Amsterdam, Sept 2013 – Yardi, a leading developer of software solutions for the real estate investment, asset and property management industries, announced today that Fris Investment Care (Fris) has selected Yardi Voyager®as its asset and property management platform.
“Faced with an increasing demand for more advanced and sophisticated reporting, we turned to Yardi to help us sustain our goal of continuous improvements in our client services,” comments Marc Poelmann, managing director at Fris Investment Care. “It is extremely important for us to have complete, correct internal management reports and client reports available at any given point in time. Yardi Voyager’s integrated processes and workflows and extensive standard reporting capabilities will facilitate our drive to deliver best-in-class service for our clients.”
Fris selected Yardi Voyager and a Yardi Software as a Service implementation, with full core functionality tailored for medium-sized property companies. Yardi Voyager’s end-to-end functionality provides extensive reporting for internal and external purposes and will deliver a platform that initially supports Fris’ cooperation with Victory Advisors, which is relatively new to the Netherlands real estate market and one of the few investors actively buying office properties in the region. They recently obtained a portfolio previously held by UBS as well as the Atrium building on the Amsterdam Zuidas.
“Over the last twelve months we have focused on developing a more standardised and cost-effective implementation approach for our clients,” comments Richard Gerritsen, regional director at Yardi. “By choosing Yardi, Fris Investment Care illustrates that this approach is successful in delivering a tailored Yardi Voyager platform that directly suits the needs of medium-sized property companies and, in turn, offers our clients greater value.”
Fris will replace a number of software products with the single integrated Yardi Voyager platform, which includes a general ledger with accounts payables and receivables, property and lease management, purchase orders, work orders, reporting, advanced accounting and invoice processing.
About Fris Investment Care
Fris Investment Care is part of the Fris Group, a privately owned real estate company that provides asset and property management services for both commercial and residential properties. As a result of their constant focus on high-quality services, Fris is now one of the fastest growing property management companies and serves a number of renowned clients including some of the largest Dutch and German institutional investors.
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 Multifamily Suite™, Yardi Commercial Suite™ and Yardi Investment Suite™, 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 serves clients worldwide from offices in Europe, Australia, Asia,the Middle East, and North America. More information about Yardi products and services is available at www.yardi.nl.
Martin Gedny – Marketing Manager
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Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255