Yardi recently spoke with Emaar Properties to see how Yardi’s end-to-end solution helped Emaar transition from reactive to proactive in business planning and making data-driven decisions.
Emaar is a multinational conglomerate and property development company located in Dubai, United Arab Emirates. It operates in six major business segments with 60 active companies and has a presence in 36 international markets, primarily in Asia, the Middle East, North Africa, Pan- Asia, Europe and North America.
Emaar was using multiple applications to manage its leasing and post-leasing cycle. With its continuously growing portfolio of properties, the company could no longer collaborate and report on correct data due to the non-integrated legacy platform. The company wanted a solution that would provide an all-in-one application to streamline processes, automate reporting and scale with the business.
Emaar implemented a range of solutions from Yardi, including Yardi Voyager, an award-winning solution that helps automate complexities, combines property management and accounting and provides a holistic view of the entire property portfolio.
By gaining a single source of truth for all property portfolios and customer data, tenant history is now tracked from the first time a tenant moves in through to moving out. Emaar’s finance team can see any outstanding payments and act immediately to maintain an optimal level of cashflows, saving the organisation from any risk.
“Yardi’s SaaS platform not only enabled us to focus on the core business but also helped standardise the property management software across the group operations both locally and internationally. This enabled us to manage retail, commercial and residential portfolios on one single unified platform.”
Discover how Yardi’s innovative solutions helped Emaar save 50% of time and improved the lead-to-deal cycle by 35% in our latest case study by clicking the button below.