The YASC Virtual 2024 event is exclusively tailored for professionals seeking to expand their limits, knowledge, and networks in the property management landscape.  

Hosted by Yardi, a leader in real estate management, YASC (Yardi Advanced Solution Conference) is a virtual event open to professionals worldwide. 

The event will last two days, from March 12th to 13th, 2024. It is a digital platform specifically designed for learning and business growth. It will be a unique international gathering to bring together the brightest talents in the property management industry.  

We have participated in YASC events in the past few years, where we helped attendees practically understand Yardi solutions.  

Will you benefit from attending the YASC Virtual 2024? 

If you’re a property owner, investor, manager, executive, or asset manager, you will benefit from attending it.  

Hosted by Yardi, a leader in real estate management, YASC (Yardi Advanced Solution Conference) is a virtual event for all professionals from anywhere in the world.  

The event will last two days, from the 12th to the 13th of March 2024. And we think here are some industry professionals who would want to join in. 

• Trainers- Join classes and chat with product developers to become an expert with Yaerdi products and services. 

• Executives- Know the benefits of Yardi in streamlining your business from the front office to the field. 

• Finance Professionals- Learn detailed insights on howto expedite accounting tasks. 

• It Professionals- Understand the system requirements and functionality directly from the professionals. 

• Marketing Professionals- Learn to improve visibility with social plug-ins and mobile solutions to merge with the property management system. 

• Property Managers- Get insights on automating and optimizing the operations to focus on other profitable tasks. 

• Investment Managers- Learn to utilize operational data and predictive insights to gain profits. 

• Asset Managers- Learn to automate the asset, accounting, investment lifecycle, and more. 

What Does the YASC Virtual Event Have to Offer? 

Unlike regular professional events, the YASC virtual event is much different. It is flexible and invites everyone to tap into its wealth of knowledge and networking opportunities. 

If you’re thinking what a particular Yardi feature is, and want to know more about it, we recommend you to join in.  

In this two-day event, you can learn the following: 

• Core Functionality Know how Yardi can help you with the Technical, Accounting, and Reporting aspects in real estate. 

• Ancillary Markets and Services- Learn all the aspects of Aspire, energy, payment processing, and Procurement to pay. 

• International- Explore the regional updates of APAC and Europe regional updates, service charges, tax, and other details. 

• Commercial- Get detailed insight into the Commercial, Forecasting, Construction, Investment Management, and Maintenance topics. 

• Residential- Get a deeper understanding of Affordable housing, Multifamily, Marketing, PHA, Senior living, Other residential, Senior CRM, and Senior Living: Electronic health records. 

The YASC virtual event is not just limited to attending classroom lectures and presentations. You will also get the opportunity to join the live chat sessions.  

It’s Time to Implement Yardi for Your Business  

If your business is looking for a Yardi consultant who delivers, look at what we have to offer. With a combined experience of over two decades in the Yardi system, our Yardi experts know a thing or two when it comes to working with your business requirements. 

Assetsoft offers Yardi solutions and train your staff with Yardi implementation and operations. We can walk you through the core functioanlities of Yardi, and help you know how you could tailor them and streamline it for your business. Whether you’re in the commercial or residential niche, our Yardi experts can help you get the right data forecasts and management tips.  

And if you’ve questions, you can drop us an email or connect with us at other YASC events in person to be organized in different cities worldwide, like UAE, Singapore, and California. 

RPA, or Robotic Process Automation, is the system that assists organizations in automating their workflows in several departments and platforms. It is different from other automation solutions as it comprises programming language, the bot, orchestration modules, and interaction capabilities. 

RPA helps automate the manual process and reduces human workload and operational costs. According to a study, it can reduce back-office operations by 70%. 

In this article, you will learn several sectors where RPA has improved the business. 

Best RPA Use Cases 

We have tried to compile the industries and sectors where RPA can be utilized. It has proved to be beneficial for industries of all sizes, including banking, healthcare, customer care, finance, retail, IT, and many more.  

1. Banking 

To streamline the process efficiency and reduce operational costs, banks use the RPA approach. With excessive consumer data from customers and manual workflow, the chances of errors are high. 

RPA, thus, helps the Banking industry in many ways: 

• It credits the payable amount automatically to the vendor’s account. 

• Sends notifications to the customer for any transaction done on their account or for prompting any document required for any other related process. 

• Many applications like opening accounts, KYC, mortgage loans, credit card payments, etc, can be done much faster with RPA. 

• Manages multiple records from multiple sources at the same time.  

• It is easier for banks to identify fraud accounts and investigate further with RPA. 

2. Customer Care 

Managing customer care is a challenging task for any organization. That’s why customer care industries rely upon RPA in several ways: 

• RPA bots automatically extract customer information from records for verification and create their accounts. 

• Automatically notifies customers of the latest updates through emails and messages. 

• Regularly updates the CRM data. 

• Analyzes customer complaints and updates them on the sheets. 

3. Information Technology 

RPA serves countless purposes in information technology environments. Incorporating artificial intelligence, natural language processing, and machine learning, simplifies the procedures of IT administration. 

• It strengthens the audit functions. 

• Manages user and infrastructure. 

• Helps in security orchestration and responses. 

• Reduces compute and operational costs. 

4. Retail 

The retail industry involves massive consumer engagements, stock handling, supply chain management, and market analysis. RPA helps this industry in several ways: 

• It facilitates return processing by managing returns and altering database and billing automatically. 

• With RPA, companies can provide 24/7, quick, and responsive customer support. 

• It effectively manages the workflow, including audits, sales, payroll, and leave management. 

• RPA-based ERP management helps easy tracking of billing, price changes, sales, etc. 

• This technology helps assess the market, ascertain the campaign budget, and analyze consumer behavior. 

• Manages assets by automating demand and supply processes and increases consumer satisfaction. 

5. Manufacturing 

The manufacturing industry is also improving by implementing RPA in its processes.  

• It helps organize the data and eliminate human errors. 

• RPA bots quickly generate multiple purchase order requests. 

• Monitors inventory levels with real-time information. 

• Ensures seamless conversation between different stages of the supply chain. 

• Automizes other administrative tasks like creating and filling invoices, documentation of transactions, setting meeting schedules, etc. 

6. Healthcare 

RPA contributes to the efficiency of healthcare providers. This allows them to devote more time to patient care.  

• Automates the process of maintaining multiple medical records of patients, entries, and billing. 

• Reduces paperwork and human error. 

• Provides better healthcare monitoring. 

• Reduction in operational cost, so the money is utilized in improving patient care facilities. 

7. Property Management 

Property management or real estate companies also improve efficiency by implying RPA in their environment. It helps property managers in several ways:

• It automatically uploads the downloaded bank statements for comparison and reconciliation with the general ledger.

• Creates new requests and processes them.

• Easily compares the GL codes with the budget and indicates any mismatches.

• Updates the bank information and sends it to GL for correction.

• Fixes all the incorrect payment transfers.

• Improves security and reduces errors. 

RPA has proven significant in automating property management processes in the real estate business. Some of its other benefits are-

• Tenant Onboarding- RPA handles the tenant onboarding process as it can easily create tenant applications and verify the details mentioned in the forms.

• Manages Assets’ Portfolio- With RPA, property managers can easily select the sold or rented properties from ERP and update it on several sites to offer better visibility into their properties.

• Simplifies NAV Calculations- RAP facilitates calculating the net assets value without the risk of errors.

Better Compliance- Real estate firms can improve AML/KYC compliance by automatically extracting customer data from ERP sources, sending emails to customers, and minimizing human contact with confidential data.

8. Finance 

Many enterprises use RPA to automate their financial tasks. To improve the accuracy of financial forecasts, finance robotic automation is required. 

• RPA bots can handle massive financial data with speed and precision. 

• It covers all the time-consuming tasks like data entry, invoice processing, and reconciliation. 

• Automates data gathering and validation process. 

• RPA also optimizes the accounts payable and receivable processes. 

• With the effective use of AI, finance companies can improve cash flow management, reduce late payments, and strengthen customer relationships. 

Conclusion 

With the increasing use of technology and implementation of RPA in various organizations, the potential for productivity gains and innovation is constantly growing. 

RPA bots systematically collect, analyze, and report data and provide a comprehensive of the organization’s status. It’s improving the accuracy and overall efficiency of organizations. 

It is now applicable to almost every sphere of business. Integrating RPA technology into existing workflows is crucial in shaping the future of your business. 

Some Americans also mentioned that they saw a tax bill rise between 884% - 1000%. This has been shocking, and that is why appeals can help both communities and businesses alike to set the record straight.  

Property tax appeals are a way for property owners to challenge the assessed value of their property and potentially reduce their property tax liability. While property tax appeals can be a lengthy and sometimes challenging process, they are crucial for businesses and communities. In this article, we will explore the importance of property tax appeals for businesses and communities. 

1. Cost Savings 

One of the clearest advantages of property tax appeals for business owners is huge savings. For businesses, property tax represents a sizeable expense, so lowering the amount of tax due through an appeal can save a lot of money. 

A small business that effectively challenges its property tax assessment, for instance, may be able to save thousands of dollars annually, money that may be put back into the company. Also, reducing property taxes might make a firm more desirable to potential purchasers or tenants. 

2. Fairness 

Fairness is a key advantage of property tax appeals. Property owners have the right to contest the assessment if they think it is excessive because property tax assessments can sometimes be inaccurate. According to reports, more than 30-60% of tax assessments are known to be wrong for tax reasons alone. But the same reports also mention that only 5% of people make an appeal because most people want to avoid the hassle. 

Calculations used to determine property tax assessments frequently ignore special characteristics of a property, including its location or state. A property tax appeal can assist in making sure that the assessed value of a building is reasonable and accurate. 

3. Stimulating Economic Growth 

The local economy may benefit from tax appeals for real estate. Businesses have more funds available to invest in their operations when they are able to lower their property tax obligations. This may result in the production of new jobs, business growth, and greater local economic activity. 

Also, property owners are more inclined to make long-term investments in their properties when they are sure that their property tax assessments are reasonable, which can help the local economy. 

4. Encouraging Community Involvement 

Moreover, property tax appeals offer a chance for civic engagement. In some instances, community changes like falling property prices or altered zoning regulations may result in erroneous property tax assessments. 

Property owners who successfully contest their assessments can contribute to the fair and equitable distribution of property taxes in their neighborhoods. This might promote involvement and engagement in the community, which might result in a livelier and busier neighborhood. 

5. Transparency 

By giving property owners a way to contest assessments that they think are incorrect, property tax appeals can increase integrity in the property tax assessment process. This helps people develop faith in the fairness of the assessment decisions and reduces people’s burden from tax bills.  

6. Equity 

By preventing property owners from being unfairly burdened with exorbitant property taxes, property tax appeals can promote equity. 

7. Investment 

Property tax appeals can motivate owners to make improvements to their properties, resulting in better neighborhoods and more robust communities. This helps to improve the chances of getting better investments for properties and promotes increased transactions.  

8. Accountability 

Local governments can be held responsible for their property tax assessment procedures through property tax appeals, ensuring that they are fair and accurate. 

9. Funding 

Property tax appeals assist in ensuring that local governments have the resources necessary to pay for crucial services like infrastructure development, public safety, and public education. According to government reports, states collected around $577 million in property taxes across America. This makes up for around 17% of the general revenue that helps the government work. That is why a fair collection of these taxes is crucial. But this necessity also sometimes leads to wrongful assessments when the government has economic issues in place.  

10. Maintaining a Strong Tax Base 

Appeals of property taxes are crucial for preserving a robust tax base, to sum up. Reduced property tax obligations may have a detrimental effect on the ability of local governments to pay for crucial services. 

Property taxes are an important source of revenue for local governments. But it's also critical to make sure that property tax assessments are accurate and reflect a property's true value. Property tax appeals can assist in ensuring a solid and stable tax base and preventing unduly high property tax burdens on property owners.