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
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
At YASC 2023 in London, Yardi presented Virtuoso, the new AI platform that will help users get even more out of their Yardi system, and could save them money in the process. Virtuoso’s Smart AP feature can be used to upload up to 200 invoices at a time. Payscan Smart Review can then be used
As tax season rolls around, many Yardi clients in the US find themselves grappling with the complexities of filing 1099 forms. Understanding the ins and outs of 1099s is crucial for staying compliant with the Internal Revenue Service (IRS). As you and your team get ready to submit, it’s helpful to keep the following tips
