NL-Voyager Commercial - Yardi

YARDITMAn end-to-end property management solution to help you manage the entire commercialreal estate lifecycle and enhance the underlying value of your property.

Key Benefi ts» Browser agnostic platform with full mobile access» Drives workforce efficiency and reduces spreadsheetdependency with automated processes,dashboards, workflows, and notifications» Enables fast completion of tasks throughout theentire property management lifecycle » Improves decision-making and informs your property andportfolio strategies with real-time analytics that highlight risk

Voyager CommercialAn end-to-end property management solution to helpyou manage the entire commercial real estate lifecycleand enhance the underlying value of your property.Yardi | 1

YARDI Voyager CommercialFrom commercial real estate owners and managers with small portfolios to large global enterprises, Yardi Voyager combines property management and accounting with ownership,financials, budgets, forecasts, construction, and maintenance for a holistic view of your portfolio. Voyager is an end-to-end commercial property and financial management platformfor office, retail, and industrial real estate. Voyager automates processes with role-based dashboards, workflows, critical date notifications, and analytics to help increase efficiencyand improve decision-making. Enabling faster execution of property operation strategies, Voyager helps drive improved analysis and decision-making and delivers maximumtransparency across your business.AutomatedLease AdministrationThe Voyager lease administration system forms thebackbone of the commercial billing process, whichaccommodates indexation, complex service charges,turnover rents, multi-currency leases, and more. Theautomated leasing workflow allows lease administratorsto set up the terms of complicated industrial, office,and retail leases and amendments, while reviewers cancompare the abstract to the actual legal documentationbefore activation. All lease modifications such asexpansion, contraction, relocation, holdover and renewalsare stored with the lease details for easy drilldownand historical reference. Leases can be organised bycustomer, making the billing and analysis of multipleleases for national tenants simple.Comprehensive Lease ManagementProperty/SpaceProspects/Contacts Customer/CompanyLEASEStreamlined Service ChargeVoyager fully automates the service charge process. Youcan configure the varying numerators and denominators,base years, caps, gross-ups, and management fees for theterms defined in the lease. And because the calculationsdiffer for each tenant, Voyager eliminates the dauntingjob of reconciling all variables and compiles an accurateaccounting of what your tenants owe. The billing resultsare invoiced to your tenant in an easy-to-understandformat that helps reduce tenant billing disputes andincrease cash flow.Recoveriesexpense books &reconciliationsRentrenewal, escalations,straight-line rentAmendmentsto lease clausesRetailpercentage of salesbased rent structureOptionsexpansion, contraction,renewal, termination2 | Yardi

Critical Dates,Tasks & Notifi cationsCritical dates, tasks, and notifications are an integralpart of the Voyager lease management system. Datesand tasks are integrated into the user’s dashboard,so that important deadlines are never missed. Youcan automate tasks or email notifications based ondates you define, including:Lease expirationsOption noticesTenant insurance expirationIn addition, you can use tasks and email notificationsto perform valuable internal audit functions. Theydeliver daily, weekly, or monthly notifications such as:Outstanding AR older than 30, 60 or 90 daysFinancial periods not closedBatches left un-postedWhether your NOI is within acceptable standardsCorrespondenceManagementYardi Correspondence Management will redefinehow you process documents. It allows you tocreate customised invoices, statements, collectionletters, prospect letters of intent, as well as ownerand investor reporting packages. Templates mergewith lease data, reports, and graphs; the generateddocuments can be automatically emailed, printed, orsaved as PDFs.Advanced RetailVoyager makes it simple to track sales and chargepercentage rents. The tenant retail parameters allowyou to easily define sales types and reporting andbilling frequencies and breakpoints, including anautomatic calculation of natural breakpoints. Theoverage function automatically calculates and createsyour percentage rent charges. Retail analytics provideup-to-the-minute reporting on sales, including MTD,YTD, Moving Annual Total (MAT) comparisons andtenant occupancy costs.Key Features» Controlled administration of leases andamendments including lease optionmanagement with encumbrance tracking» Integrated accounting and propertymanagement functions» Role-based dashboards andcritical date notifications» Simplified setup of complexservice charges» Complete retail percentagerent calculations» Easy straight-line rent adjustmentsaccording to internationalstandards like IAS17 and FAS13» Real-time analytics, dashboards,and business intelligence » Supports multiple currencies, languages,GAAP, and local taxation requirementsYardi | 3

Portfolio Reporting & AnalysisRole-Based DashboardThe commercial dashboard maximises efficiency andtransparency by allowing you to see property tasks andperformance in a single user-friendly interface. Yourproperty managers can track critical dates, pending leaseworkflow actions, work order summaries, and access keyreports such as stacking plans. All with the ability to drilldown to transaction-level detail.Real-Time AnalysisDesigned for managers who want to analyse informationin a fast and flexible way, Yardi Analytics are a new breedof reporting tools that enables real-time key performanceindicators. Yardi Analytics are built to facilitate drilldownto source transactions, and flexible enough to slice anddice data by attribute such as portfolio, region, period, andcurrency.Analyse by attribute, entity, GL book, segment, periodDrilldown from summary to source transactionPublish to PDF or ExcelEmail report packages automaticallyCreate your own KPIs with custom analyticsOptimised for fast resultsCommercial AnalyticsYardi Analytics include comprehensive commercialproperty and portfolio reporting. From owner reportsto internal exception and management reporting, ourcommercial analytics are geared toward increasing theperformance of individual and consolidated propertiesand identifying outliers in a large portfolio. Commercialanalytics provide real-time key performance indicators forlease management, recovery reconciliation, performancestatistics, and more, including:Rent roll and vacancyLease abstractsOccupancy summaryExpense recovery and reconciliationProjections for current and future lease expirationsCustom commercial reports using custom analyticsFinancial AnalyticsYardi Analytics also provide robust financial reporting andkey performance indicators. The financial analytics engineleverages Voyager’s accounting platform by drawingdirectly from general ledger transactions. Create instantcomparisons and analysis, and compile your monthly,quarterly and yearly financial report packages in real time.Slice and dice your income statement by user-definedproperty attributes, view your balance sheet by countryandcurrency, and publish financial reports to an investorportal with the click of a button.Supports IFRS, GAAP, andinternational accounting needsUsed by publicly traded companies around the worldAutomated delivery with correspondence managementReporting speed optimised by Voyager datamartsCustom financial reports using custom analytics4 | Yardi

Maintenance & InspectionThe built-in Yardi Maintenance Management module allows you to easily perform and track dailymaintenance activities for all types of commercial real estate including retail, office, and industrial properties.Streamlined, user-friendly workflows employ intuitive dashboards, calendars, and alerts to speed themaintenance process and ensure that you provide consistently outstanding service to your tenants.Seamless integration between tenant data and Yardi’s powerful GAAP-based accounting system meansaccurate, up-to-date financial information and complete audit trails are always at your fingertips.The add-on Yardi Inspection module is a flexible tool for scheduling, performing, and managing all types ofinspections. It allows you to create customised templates that follow your business rules and ratings, assigninspections based on criteria you define, and view detailed reports on inspection history. Yardi Inspectiontracks the inspector, inspection type, status, due date, completion time, , and more. Work orders are createddirectly from the inspection screen, and inspection results automatically generate notification letters.Key Features» Analytics and insight for better decisions» Multiple GAAP, multi-languageand multi-currency capabilities» SSAE 16 compliance viaYardi Cloud Services» Real-time, 24/7 access to operationaldata with Yardi Mobile AppsMobile InspectionsYardi Inspection Mobile allows inspectors to access and enter erinspection data from a smartphone or tablet without using the fullVoyager browser client. Assigned inspections appear on an inspector'sdevice instantly, and completed results update the Voyager recordautomatically. Yardi Inspection Mobile can operate in areas withoutmobile or wireless coverage and synchronise data once a connectionis established. Yardi Inspection Mobile is available at the iTunes AppStore, BlackBerry App World and Android Market.Mobile MaintenanceYardi Maintenance Mobile allows maintenance technicians to accesstheir assigned work orders or create new work orders from the field.They can add technician labour, time and inventory data to work ordersand complete work orders in real time. Yardi Maintenance Mobileis available for iPhones and iPads, Android phones and tablets ts andBlackBerry smartphones. In addition, mobile enabled maintenance Webpages can be accessed from any Web enabled mobile device. Availableat iTunes, Android Market and BlackBerry App World.Yardi | 5

The Leader in Investment,Asset and Property ManagementSoftware SolutionsAt Yardi our mission is to provide our clients with superiorproducts and outstanding customer service, while we take careof our employees and the communities where we work and live.With that commitment to people, Yardi leads the industry inproviding full-business software solutions for real estate propertymanagement, financial accounting, and asset management.Yardi Systems Limited Avebury House, 201-249 Avebury Blvd, Milton Keynes, MK9 1AX, United Kingdomphone: +44 1908 308 400 | email: europe@yardi.com | www.yardi.co.ukYardi Systems BV Dreeftoren, Haaksbergweg 57, 1101 BR Amsterdam, The Netherlandsphone: +31 20 565 0050 | email: europe@yardi.com | www.yardi.nlYardi Systems GmbH Prinzenallee 7, 40549 Düsseldorf, Germanyphone: +49 211 523 91 466 | email: europe@yardi.com | www.yardi.deYardi Systems Cluj Str. Croitorilor, etaj 1-2, Cluj-Napoca, Cluj 400162phone: +40 264 595 091 | email: Europe@yardi.com© 2013 Yardi Systems, Inc. All rights reserved. All other trademarks are the property of their respective owners.Printed on recycled paper. CS-VOYAGER-EURO 15/05/2013