Are you still using Excel to calculate asset depreciation? If yes, you’re probably experiencing discrepancies in your financial reporting. Excel can be a great tool, but using it for tracking fixed assets is the software equivalent of getting stuck in the past. In order to efficiently track and manage fixed assets, you need something more
So after reading Part 1 and Part 2 of this series, you did your due diligence, and found the best consultants in the industry. They’re super knowledgeable, they’re great problem solvers, and they get things done. But building a solid business partnership with your consultant is an ongoing process. In order for a business partnership
In Part 1, we talked about how good Yardi consultants can be valuable business partners - even if bad ones make you want to run away screaming. But how can you tell a good consultant from a bad one? If you aren’t careful, you can find yourself halfway through a Yardi implementation, only to find
Have you ever had a partnership with a consulting firm that went horribly wrong? Do you now consider “consultant” to be a four letter word? If you do, you’re not alone. There are far too many consultants out there who don’t communicate, don’t deliver what was promised, and take no accountability for messing up your
Managing construction projects can be a headache and a half. Projects can quickly go over budget, and get delayed. These issues are exacerbated when dealing with multiple projects at a time. The key to successful construction projects is having the right tools to handle all the moving pieces from the start - and we’re not
Fed up with trying to keep track of leads and lease negotiations? You’re not alone. Commercial real estate (CRE) lease tracking can get complicated, which is why Yardi created Deal Manager in the first place. Yardi's Deal Manager is designed to streamline and enhance the CRE asset management process. Its highly customizable platform provides flexible
When it comes to month-end, is your accounting department overwhelmed and working crazy amounts of overtime? Can’t justify hiring more salaried staff just for month-end? You’re not alone. It can feel easier to stick with the status quo, but it puts a strain on your staff, and keeps you from getting the most out of
As we talked about in Part 1, implementing Yardi Investment Accounting (IA) and/or Investment Manager (IM) can be a field of landmines. Without the right experts, it can take three or four times as long to implement. Because of the flexibility offered by the modules, you need to design them well from the start. Otherwise,
If you invested in Yardi Investment Accounting (IA) and/or Investment Manager (IM), and your implementation has become a leaning tower of delays, you’re not alone. We’ve seen clients hire other consultants to design their IM module, and take over a year muddling through the implementation before hiring our team at Lynx to get it done
As a business owner have you ever been faced with the conundrum of whether to upgrade or stay on your current software system? You know there are significant financial benefits and you know upgrading is the right thing to do to maintain competitive advantage. So what’s the gnawing feeling in your gut paralyzing you from
