Assetsoft was a proud witness to the announcement of Voyager 8’s release in YASC 2023. Yardi’s Advanced Solutions Conference (YASC) kicked off on September 6 at the San Diego Convention Center.
The event witnessed more than 4,000 participants eager to learn more about Yardi’s new offerings. Anant Yardi, CEO and founder of Yardi, and other executives spoke to the crowd about the latest updates.
The announcement of Voyager 8 turned all heads in the audience. It is a major upgrade over the previous version in terms of user experience.
What's New in Voyager 8?
Users will be greeted by an entirely different interface to manage their properties. It will provide a more visual experience and a graphical way to stay on top of real estate operations.
The interface neatly organizes its functions around AR, AP, GL, reporting, and more.
Multifamily operators will also be able to access a brand-new property operations interface for the resident ledger. Commercial users can enjoy a simple and streamlined data entry and review interface.
It will even be easier to manage collections and track insurance requirements. Users will also get new tools and features to analyze and report on portfolio health and ensure compliance.
The design is now perfect to align with agile cloud environments. Using the tool will be an intuitive experience, whether users rely on a mobile or laptop.
Rob Teel, president of global solutions, said the upgrade is a significant leap from Voyager 7S.
He added the whole team was super thrilled about the new version. Users will be able to decide who will use Voyager 8. Both versions will be available by default, with no manual version switching.
Therefore, clients can allow users to get comfortable with the new interface as they roll out the change. Best of all, the graphical approach will reduce the already minimal learning curve of Voyager 7S.
Other Notable Updates of Yardi's Voyager 8
Another critical update of Voyager 8 is its artificial intelligence (AI) preparedness. It is now designed to leverage AI to power your workflows.
AI is transforming industries around the world. It is a foundation for businesses to leverage the intelligence of machines to make human decisions.
This advanced technology is changing how we work and live. It was only a matter of time before Yardi had to integrate it into their offerings.
AI will allow Voyager 8 users to perform a range of tasks. They will be able to ask Voyager software questions and get intelligent responses. The insights can help managers make data-driven and informed decisions.
Another powerful AI capability in Voyager 8 is the feature to generate transactions and reports. Users will no longer need to rely on manual efforts.
Most importantly, an AI chatbot can provide automated answers to prospect queries and service customers. It will also lend a helping hand in dispatch and prioritization.
The upgrade will lead to more cost savings, intelligent automation, and a productivity boost.
Anant Yardi feels AI will make a gradual impact on the real estate industry. Therefore, Yardi has already invested in infrastructure to support the bandwidths for AI systems. Voyager 8 is not just limited to helping clients optimize their operations in a simplified manner. The new version also improves its existing AR or accounts receivables processes.
Vendors can now manage all AR activities from a single dashboard. They will love the ease of navigating reports, tenant’s ledger, and alerts from one location. Payment processing capabilities are another improvement in Voyager 8. Yardi added a host of new features to make transactions a breeze.
Most importantly, the team has worked hard to boost the security of the banking portal. Clients can now achieve complete peace of mind and conduct secure transactions.
The ACH account validation for tenants has also received an upgrade.
When Can You Try Your Hands on Voyager 8?
The audience was excited to view comprehensive demos and highlights of the upcoming updates of Voyager 8. Moreover, they learned how the changes may impact their specific business and operations.
Voyager 8 is currently in limited testing with chosen users. It is expected to hit the market in the early weeks of January 2024.
The tool is a seamless solution to manage diverse real estate business needs. It features the hallmark quality and value of Yardi, a market leader for over 30 years.