Yardi software is the most popular property management software that supports accounting operations and ancillary services for real estate and simple property management portfolios.
It is a cloud-based tool that comes in two suites- Voyager and Breeze. The former is for the real estate operators, and the latter is for the residential, commercial, or other simple property management.
Once you pick the most suited software out of both for your business, the next step is to look for a Yardi implementation consultant.
And we take a look at what you need to look for in one.
Why Do You Need Yardi Implementation Consulting?
People often wonder why they can’t self-implement the software and why there is a need for an implementation consultant.
The answer is simple- Yardi is based on the Enterprise Resource Planning (ERP) tool. For its efficient working, it needs a full system implementation approach.
The approach involves a Business Process Review to thoroughly understand the client’s business from the current scenario to future aims and requirements. This helps in developing a clear image of the project and a roadmap for implementation.
During this process, the core team is also trained to gain knowledge of working on the system that further works on the solution design.
Instead of migrating data from the prior system of records, Yardi consultants help clients in developing a data conversion plan.
The team also works on the functional testing of the system and data validation. After the final user testing, the client confirms it for live conversion.
Only a Yardi expert with sufficient knowledge and experience can handle the project effectively. Most organizations can’t manage the effort and time involved in this process, and they end up creating a mess.
Therefore, it is beneficial to collaborate or hire a Yardi implementation consultant.
5 Key Considerations When Hiring a Yardi Implementation Consultant
To ensure a smooth and successful implementation, select the right consultant with these qualities-
1. Certified and Experienced
The implementation consultant should have experience working on Yardi’s project and must be certified by Yardi Systems. Only the Yardi staff or trainees can understand the complex interlocking of its databases.
Yardi certificate ensures that the consultant has undergone formal training and possesses hands-on experience with the latest updates from Yardi.
2. Working Experience within the Industry
Each industry has its unique set of objectives and complications. The consultant having prior experience working in the property industry will be able to understand and implement things easily in comparison to the consultant new to this industry.
You can ask for references from their previous clients whose portfolio and organization is similar to yours.
3. Skilled in Project Management
Project management skills are essential for the successful Yardi implementation. It requires careful planning, identifying requirements, and setting up the goals.
Ensure that the consultant has experience in managing similar projects that involve timelines, resource allocation, and issue relocation.
Implementation consultants should also know how to manage data within Yardi and on outside platforms.
4. Has Communication and Training Abilities
Yardi consultants need to be good enough in communication to manage all the tasks of Yardi implementation. It also requires communicating complex technical things in a simple and understandable manner to others. Interpersonal skills and effective communication bring out a harmonious partnership throughout the implementation process.
The people who use Yardi need proper training in working on this software. It is the responsibility of the implementation consultant to train the client’s staff regularly. So, ensure that the consultant can provide training sessions for your staff and understand their training needs.
5. Awareness and Problem-Solving Skills
Only an aware consultant can match up with the latest updates on Yardi software and can explain how to upgrade the streamline it within the organization. So, you can ask questions about the current innovations on Yardi.
Apart from being aware, Yardi consultants need to possess problem-solving skills and be able to address tricky problems. You can present any hypothetical scenario or past challenges, and check the check the consultant’s problem-solving skills.
Are You Ready to Hire a Yardi Implementation Consultant?
Yardi’s specialist consultants are fully trained to guide and help you through the implementation process. They are experts in handling Yardi software. They offer standardized and scalable implementation support. The Yardi expert should be capable of dedicating significant time to the project.
Selecting the right Yardi implementation consultant is a very critical decision for any organization. And our independent Yardi consultants can help.
Talk to us to know more about how we have working experience within the industry, and possess the problem-solving, communication, and project-management skills required to help with real estate tech implementations.