SANTA BARBARA, CALIF., April 4, 2011 - Yardi announced today that The Graham Companies
have selected Yardi Voyager
™ as the new property management and accounting platform for their commercial and residential assets. During a recent internal performance review, The Graham Companies concluded that managing an increasingly diverse portfolio that includes commercial and residential properties, golf and spa resorts, hotels and farming operations required a new platform that would provide them more flexibility. "We have 500 commercial tenants and every lease is different, so Voyager's ability to accommodate all the various terms is very attractive to us. Voyager will also handle our accounts payable and general ledger operations efficiently and calculate common area maintenance recoveries quickly and accurately," said Andre Teixeira, executive vice president and chief financial officer for The Graham Companies. "For our residential properties, Voyager will enhance enterprise-wide oversight and allow us to change pricing rules quickly across the portfolio." "Along with meeting The Graham Companies' current needs, Voyager can be easily extended to accommodate their future needs as well. These include budgeting and forecasting, job costing, online tenant and resident self-services, and other operations," said Terri Dowen, senior vice president of sales for Yardi.