“Many property management companies use Yardi and at least one other software application to generate and send tenant statements. With a minimal investment of time, this can be done completely in Yardi and the process of property accountants posting the recurring charges in Yardi can be vastly improved”, says Sara Robert, System and Project Manager for Meissner Commercial Real Estate Services.

If tenant information is not complete, the tenant statement is often created using another application, manually saved somewhere, and then emailed to the tenant using the firm’s email application. But suppose the tenant contact information is complete – In that case, this entire process can be done in Yardi, from creating the charge to emailing the statement and digitally filing a record of the statement and the email correspondence. This is a significant time savings relative to the effort required to achieve it. ⌛

So, clean up those Yardi tenant records and get the email addresses entered! When setting up a new tenant, insist on completeness in the Yardi contact information so you can take advantage of the built-in automation Yardi provides.