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Yardi Voyager database optimization
October 16, 2024
INSIGHT
Timo Siegemund
Founding Partner
Project in a Nutshell
Branch
Commercial Asset Management companies
Term
up to 24 months
Task
Restructuring and optimization of databases with up to 800 properties and 250 internal and external users

Challenges

  • Inconsistant nomenclatures (Charge Codes, Units, Properties, several Lables)
  • Missing user setup and menu concepts
  • No database compliance and fraud potential because of missing user restrictions
  • No automated correspondence
  • Data redundancies

Installed Measures

  • Defining consistent, system wide nomenclatures (e.g. speaking unit nomenclature e.g. OF01002 = Office, 1st Floor, Unit 002)
  • Creating User & Menu Concept incl. restrictive permissions
  • Installing Yardi Voyager workflows (e.g. PO/Invoice Register WF, Lease activation WF, Vendor creation WF) to ensure database compliance and reduce the fraud risk
  • Completing Property setup and Lease Data setup to enable automated correspondence
  • Analyze basic data and identify and clear data redundancies.
  • Install processes to avoid future data redundancies

Business outcome

  • Time savings because of user friendly, transparent and fitted menus for each user group/department
  • Time savings because of system wide consistent and speaking nomenclature &
  • Time savings because of automated correspondence to tenants and vendors
  • Increased data quality after detailed analysis and implementation of workflows consisting a at least four eye principle

WHY R3AL?

Every R3AL team member has coordinated and/or worked on several database cleanup/optimization projects and gained deep knowledge in various fields of Yardi Voyager database setup. All members follow a holistic approach and consider all relevant business processes during the optimization project.