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Yardi Reveals Sneak Peek of Voyager 8 in YASC 2023 in San Diego

08.09.23 11:13 AM Comment(s) By Assetsoft 3

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. 

Assetsoft 3

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November 1, 2023 9:00 AM by Lauren Wetzel

Yardi Voyager 8 Q&A

The buzz surrounding Yardi Voyager 8 has been palpable in recent months as Yardi prepares to debut the software upgrade from Voyager 7S to Voyager 8. To learn more about the enhancements of Voyager 8, we had the opportunity to have a Q&A with Brian Sutherland, Vice President of Commercial Sales and Marketing at Yardi. Welcome to the REdirect blog, Brian!

Q: Can you provide some background on yourself and your role at Yardi?

A: Absolutely. I'm Brian Sutherland, Vice President of Commercial Sales and Marketing at Yardi. I've been with the company for nine years, serving in various roles, including leading the strategic direction of our commercial solutions and launching products like Yardi Elevate and CommercialEdge. Prior to Yardi, I was self-employed for 17 years and was involved in several dot-com startups. I'm based in Santa Barbara, where Yardi's headquarters are located.

Q: Your current ERP platform is Voyager 7S. Can you give us a sense of its adoption?

A: Yardi Voyager 7S is the most widely adopted real estate ERP platform globally. Currently, it's used by approximately 6,000 real estate organizations, with around 500,000 end-users logging in daily.

Q: At your recent user conference, you announced a new platform called Voyager 8. Can you provide some background?

A: Voyager 7S is a mature and stable platform with about 10 years of development behind it. However, its user interface and user experience have become somewhat antiquated and outdated. We're excited to launch something modern and updated. We already have experience with this approach, as we've upgraded over 2,000 customers to Yardi Elevate , which is built on the same framework.

Q: What can Yardi customers expect to see in the new platform?

A: From an end-user perspective, the new platform offers a refreshed experience with fewer clicks, improved screen design, and numerous new capabilities. On the commercial side, we've introduced many new dashboards, enhanced reporting, tenant COI management, activity feeds, improved communication tools, bad debt management, enhanced sub-lease functionality, and many other features. From an accounting perspective, there are reporting enhancements, an AR calendar, a receivable dashboard, a month-end dashboard, usability improvements, and enhanced communication tools.

Q: Can you talk to us about the upgrade process from Voyager 7S to Voyager 8?

A: It's important to note that it's an upgrade, not a conversion, from Voyager 7S to Voyager 8, and it's designed to be an easy upgrade. The unique aspect of our approach is that users can work in either Voyager 7S or Voyager 8, making the transition smoother. We've been rolling out upgrades in phases, starting with property management and then finance.  However, we will work with each client to determine the proper approach for their needs. 

Q: What's the timing of the release?

A: From a commercial perspective, early adopter implementations will start at the end of November 2023. In Q1 of 2024, we'll move into general release in the US, followed by beta testing in Canada and the Netherlands in Q1. We'll also have a beta test in the UK in Q2 and, finally, a beta test for multi-currency in Q3.

Q: Your announcement mentioned that Voyager 8 enables AI. Can you elaborate on this?

A: Certainly. In the spring of 2024, we're set to launch Yardi Voyager 8 Virtuoso, a groundbreaking addition that seamlessly integrates AI and machine learning into our platform. Virtuoso leverages the wealth of data stored in your Voyager accounting environment and harnesses platform-agnostic large language models (LLMs), such as ChatGPT. This empowers us to work with vast datasets and maximize the capabilities of AI.

We're extending our machine learning capabilities to our clients, delivering significant time savings estimated at an impressive 97%, particularly in areas like invoice processing. Moreover, Voyager 8 Virtuoso will introduce lease abstraction capabilities, further enhancing our offering.

Additionally, we've recently upgraded our chatbot technology with natural language generation powered by ChatGPT. The most remarkable feature is the Voyager 8 Virtuoso assistant, which allows end-users to prompt the platform for tasks like generating reports, creating work orders, and seeking specific information, such as, "Show me my exposure in this market, including the largest tenants expiring in the next 12 months."

To say we're enthusiastic about AI is an understatement—it's a central focus for our leadership team. Personally, I recently completed an MIT AI certificate program titled "Implications for Business Strategy," which equipped me with both a foundational AI knowledge base and insights on applying AI within the Yardi organization.

Q: Can you talk about security as it pertains to Yardi Virtuoso?

A: Data governance, security, and integrity are top priorities for us. We have stringent protocols in place to ensure the security of our AI framework through Yardi's cloud. Our goal is to augment our clients' efficiency and enhance their customers' journey and experience.

Q: Is there anything in closing that you would like to mention?

A: We're extremely excited about the next version of our core platform and are confident in our approach to bringing it to market. The enhancements will be noticeable, and our clients will certainly benefit from the upgrade. In addition to new features and improvements, Voyager 8 will offer a streamlined experience for user provisioning and enhanced security administration. We appreciate the partnership with REdirect and thank you for giving us the opportunity to discuss our new platform.

Learn More About Yardi Voyager 8

REdirect is proud to be a partner with Yardi and is here to help support your business with Voyager 8 every step of the way. Contact us with any assistance needed with Voyager 8 or further optimizing your Yardi software.

About the Author

Lauren Wetzel

Lauren comes to us with a great combination of marketing and real estate experience.  She began her marketing career in the property management industry where she focused on email marketing, SEO strategy, and graphic design.  Lauren’s most recent role was with a large Denver based …

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Yardi to reveal new ai-driven technology at nmhc optech.

NMHC OPTECH takes place Nov. 1-3 in Las Vegas, Nevada , and is a yearly gathering for leading figures in multifamily operations

SANTA BARBARA, Calif. , Oct. 27, 2023 /PRNewswire/ -- Yardi® is showcasing new solutions at the 2023 NMHC OPTECH Conference & Expo , including the latest generation of Yardi® Voyager, an artificial intelligence (AI) platform and a Microsoft® Power BI connector. The event is set to take place Nov. 1-3 in Las Vegas, Nevada , and is a yearly gathering for leading figures in multifamily operations.

Yardi is proud to be a longtime supporter of NMHC OPTECH and is once again a Platinum Sponsor for the event.

Booth 105 will showcase new AI-powered and human-centered technology from Yardi. This includes solutions designed to help operators "compose their future," leveraging the combination of one connected system and AI to drive performance and maximize efficiency.

Eventgoers can schedule demos with the Yardi team at the booth to see the new solutions for multifamily, including:

Yardi® Voyager 8 , the latest generation of the industry-leading platform, now with a fresh update to further enhance the user experience.

Yardi® Virtuoso is an AI platform built to complement Yardi solutions. It leverages AI, large language models and machine learning to drive operational efficiency between people and technology.

RentCafe® CRM IQ , a customer relationship management system that provides full visibility into prospect, applicant and resident workflows, in addition to enabling centralized leasing and operations.

RentCafe® Chat IQ , an automated attendant that answers prospect and resident questions via chat, text, email and calls.

Yardi® Data Connect, a secure data feed from Voyager to Microsoft Power BI that allows more customization capabilities and inclusion of third-party sources, along with preconfigured dashboards.

Book a meeting to see all new solutions up close during the conference or join an on-demand webinar .

About Yardi

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.

View original content to download multimedia: https://www.prnewswire.com/news-releases/yardi-to-reveal-new-ai-driven-technology-at-nmhc-optech-301967898.html

SOURCE Yardi

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International Conference on Russian Wood & Ti

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International Conference on Russian Wood & Ti 2023 happens in Moscow, Russia Mar, 2023 focus on Agriculture. The cycle of the trade fair is , organize by Adam Smith Conferences at Hotel Baltschug Kempinski.

18 - 20 Mar , 2023

Adam Smith Conferences – Organizing 17 Trade Shows or Exhibitions, Conferences and Trade Fairs happenings in .

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FLORIDA GUN & KNIFE SHOW

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Home › News › News › Moscow Exchange enables USD settlements for foreign securities trading

Moscow Exchange enables USD settlements for foreign securities trading

Moscow Exchange, or Moskovskaya Birzha OAO (MCX:MOEX), today unveiled a set of new services and instruments available on its stock and money market. Among the novelties, we can highlight the ability for settlement in foreign currencies.

From June 1, 2015, foreign securities (shares of companies incorporated outside Russia as well as depositary receipts) are technically eligible for settlement in US dollars (USD), in addition to Russian ruble (RUB). Moscow Exchange promises to unveil the admission date for such securities in due course.

On top of that, the Exchange has started to offer trading in bonds denominated in CNY and GBP with settlement in those currencies.

In addition, USD, EUR and OFZs may be accepted as contributions to the Guarantee Fund.

Another piece of news related to foreign currency settlements on MOEX was also out earlier today.

Settlement in USD and EUR will become technically available for repo and negotiated trades with the Central Counterparty, in addition to RUB settlement. The new service seeks to offer participants an additional tool to manage liquidity.

The maximum term for repo and negotiated trades with the CCP will be expanded to seven days. This will make easier liquidity management over longer periods and will enable synchronization of CCP-cleared repo transactions with certain Bank of Russia repo transactions, as well as enabling participants to reduce interest rate risk.

To view the official press release and to learn more about the novelties at MOEX, click here .

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