Asian retail giant has Yardi link.
Yardi Systems, a leader in developing real estate software for investment, asset and property management, announced today that Hong Kong-based The Link Management, manager of The Link Real Estate Investment Trust, has selected and implemented Yardi Voyager Voyager, airplane
Voyager, the first airplane to circumnavigate the earth nonstop on a single load of fuel. Designed by Burt Rutan and flown by Dick Rutan and Jeana Yeager, Voyager took off from California on Dec. Commercial as its integrated property management solution.
Yardi Voyager Commercial will enable The Link to efficiently manage over 10,000 leases in some 150 retail facilities, the largest retail portfolio in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . With Yardi, The Link is able to centralize cen·tral·ize
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es
1. To draw into or toward a center; consolidate.
2. the operations of its entire property portfolio in a single data system and integrate the management of its improvement projects and fixed assets fixed assets npl → activo sg fijo
fixed assets npl → immobilisations fpl
fixed assets fix npl → .
The Link also elected to take advantage of Yardi's Application Service Provider hosting service. Yardi will host the application and database, provide all technical support and networking resources and assume responsibility for system security, allowing The Link to focus solely on its core business.
"In addition to facilitating us to provide better service to tenants, the newly implemented solution has contributed greatly to our business management by streamlining workflow, enhancing data information exchange and enabling more dynamic information sharing See data conferencing. across our teams," said Ross O'Toole, chief operating officer Chief Operating Officer (COO)
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , The Link Management.
With the implementation of Yardi Voyager, The Link's tenants now enjoy much broader payment options, which include 7-Eleven convenience store cashier CASHIER. An officer of a moneyed institution, who is entitled by virtue of his office to take care of the cash or money of such institution.
2. The cashier of a bank is usually entrusted with all the funds of the bank, its notes, bills, and other choses in counters, ATM, PPS (Packets Per Second) The measurement of activity in a local area network (LAN). In LANs such as Ethernet, Token Ring and FDDI, as well as the Internet, data is broken up and transmitted in packets (frames), each with a source and destination address. and online banking, in addition to designated cashier points previously available. Demand notes and receipts are also available in multiple languages and in a more informative format.
In a collaborative effort between The Link, Yardi's Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. Group, and leading management consultancy RealFoundations, The Link's entire portfolio was rolled out in less than four months.
"The partnership between The Link, Yardi, and RealFoundations served to facilitate the best possible scenario in terms of rolling out a complete business solution for the large retail manager in a short amount of time," said David Stanford, executive director of RealFoundations.
"The implementation was highly successful and will allow The Link to leverage the full capability of the system."
O'Toole added, "We selected Yardi Voyager because it met the most business requirements of any software, and also because Yardi was flexible enough to create custom functions for some unique business processes. The capability to deliver these particular solutions and implement them quickly was an overwhelmingly positive factor in our success." "We are pleased that Yardi will play a key role in helping The Link maximize the value of its properties," added Terri Dowen, senior vice president of sales for Yardi.
"We feel that the success of the implementation process is a key indicator that we will maintain a long and beneficial partnership for years to come."