Yardi Investment Suite Eliminates Financial Consolidation Errors and Risk

What are the principal benefits that users gain from the Yardi Investment Suite? Major ones include the convenience of an automated solution that combines investment accounting, performance reporting and investor reporting with asset-level operations.

Real estate investment managers can discard separate, manually maintained data management systems that require excessive manual maintenance and risk of data loss or corruption. Close periods faster and perform financial consolidations with ease.

Leverage asset-level financial data and automate the consolidation up to investors through any ownership structure, no matter how simple or complex. This provides full transparency from investor to asset operations.

“MG Properties cut its quarterly distribution process from seven weeks to less than two weeks, saving hundreds of staff hours annually thanks to automated consolidation and distribution.”

Joe Anfuso, CFO, MG Properties

The investment management suite can consolidate different books on a reporting basis, including GAAP and IFRS, as well as in different currencies for multi-currency funds. Managers never miss a reporting deadline or run the risk of incorrect information making its way into investors’ financial reports.

Avoiding Peril from Separate Databases

Keeping investment management and property management data on separate platforms can give rise to faulty interfaces that produce inaccurate accounting information, with misinformation eventually passing on to investors. Combining investor actions and property operations into the Yardi Investment Suite unifies investment managers and property managers as a fully connected organization.

By eliminating interfaces, manual data entry and possible issues from erroneous or incomplete information, managers can mitigate all categories of risk while equipping their organizations to satisfy investors with timely reporting and transparency.

“The Investment Suite enables seamless integration between accounting and investment management in our fund and corporate accounting operations.”

Joe Biddle, Director of Information Technology, ABR Capital

Learn more about how this solution can enhance operations by eliminating financial consolidation errors and risks.