How accounting automation works with Yardi to revolutionize Property Management?
Dec 29, 2023
Real estate and property management is an essential part of commercial and residential properties. There is a trigonal relationship between the landlord, property management and finally the tenant. With this emerges a large amount of data in the form of revenues and expenses of the properties which is tied to
- Maintenance of the properties
- Rent collections
- Lease procedures and due dates
- Tax return filing etc
There are many exclusive property management software in the market trying to cater to this market. One that is spoken elaborately in the industry is ‘Yardi.
Also read: How AI accounting automation solutions provide your accounting firm a competitive edge?
How AI powered Robotic automation helps Yardi property management tasks?
Business can flourish and spend on innovation only when there are profits. There are two methods of how profits can be increased, either through reducing their expenses or by increasing income by increasing more tenants to their properties.
Therefore, for that to take place in reducing cost, the organization needs to increase efficiency, bring accuracy and conserve time. All this cannot happen solely upon manual processes. The solution lies in Yardi robotic automation where property accounting systems can be properly managed and making the processes better. Through software bots information can be precisely entered into the system, results can be achieved through
- Faster accounting
- Accurate work
- Customer satisfaction
- Perfected decision making on marketing trends
What benefits are realized through Integra robotic automation in working with Yardi?
Integra global solutions, robotic automation did not happen overnight, it has invested invaluable experience and thousands of programming-hours which are translated into proven results. Property management firms wanting timely solutions to be on top of the game are benefited through
- Online rental payments:
One of the tiring and irregular processes is collecting rent. The tenant needs to be reminded of their missing deadlines.Through automated online rental payment the tenant gets all their details enlisted and all they have to do is initiate payment through the available sources of payment. Tenants and firms are saved from the errors in transactions. - Online maintenance requests:
Inaccessibility to the right person for issues related to maintenance is painstaking and earns a bad reputation to the rental group. Automated forms bring all the tenant details and list common maintenance issues. Through auto response all the maintenance issues both common and abnormal can get resolved within a specified time period. - Basic Accounting:
Accountants will be overwhelmed with piles of information where manual entries cannot bring efficiency, accuracy and rapidly. Through Yardi accounting robotic automation, all the bookkeeping entries, bank reconciliation and maintenance of the general ledger of the book of accounts remains updated. Now the accountants can concentrate on tasks where their services can be better utilized. - Paperless offices:
Office automation helps to conserve office spaces as firms no longer have to invest for filing cabinets and room security. Turning into paperless offices is not a distant dream but a reality. Every automation firm can add their part and help carbon emissions. Every individual can be freed from generating paper waste, lost files, illegible handwritten documents etc through automation. - Performance reporting:
An automated interactive dashboard can give you a synopsis of your business performance. Using the required filters, the firm managing team can very well understand the points where payment is due, expenditure of maintenance and other operating expenses, properties making profit or losses etc. It helps to substantiate for making the appropriate decisive decisions.
Also read : Botkeeper competitor and alternative: Integra Balance
If you are a property management firm, and interested in automating your Yardi property management tasks we can help you. For more details give us a call.
Schedule Your Free Demo
With our accounting automation experts
Find out how other practices have benefited using Integra Balance AI bookkeeping automation. 87% of practices who viewed AI bots in action have instantly discovered the advantages of using them at their firm.
Global Offices
US (Head Quarters)
Integra Global Solutions Corp
7500 Brooktree Road, Suite 100
Wexford (Pittsburgh)
PA 15090
+1 412 267 1529
Philippines
Integra Global Solutions Corp
Ayala Cebu Tower,
Cebu Business park, Cebu 6000
+1 412 267 1529
Europe
Integra Global Solutions UK Ltd
College House
17 King Edwards Road
Ruislip, London, UK, HA4 7AE
+44 (0)20 7993 2949
Canada
Integra Global Solutions Corp
32 Blencathra Hill, Unit 100, Markham
Ontario
+1 412 267 1529
India
Integra Global Solutions Corp
First floor, Kanapathy Towers,
Opp.BSNL exchange, Ganapathy,
Coimbatore – 641 006, India
+91 (0422) 437 9555
Australia
Integra Global Solutions Corp
+61 02 8005 1836