Over the years it has become essential for a property management organization to rely upon a system which provides the ability to track the multitude of information gathered in the management of real estate properties. Briarlane utilizes a system developed by Yardi which has been developed specifically to assist real estate managers in making their work more cost effective. The Yardi package is the first of its kind to fully integrate the tools required for the administrative side of the business such as operating budgets, tenant billings and collections, vendor payables, financial statement preparation and reporting and consolidated reporting.
Users of the Yardi system are provided with the comprehensive planning and control tools required for effective financial management. The financial system includes General Ledger, Financial Reporting, Budgeting, Accounts Receivable, Accounts Payable, Banking and MICR Cheque Printing. The system also maintains a complete database on each unit tracking occupants, parking and other pertinent information.
Yardi is a large and established organization and has all of the resources to provide the technical support and training.