Saadiyat Development and Investment Company (SDIC) is anticipating significant expansion of its portfolio with a new commercial and residential property in the United Arab Emirates’ Saadiyat Island. They have selected Yardi Voyager® 7S as its new property management and accounting platform for Hidd Al Saadiyat the luxurious villa portion of its portfolio. Yardi Voyager 7S is a browser-independent and a mobile-enabled Software as a Service platform.
SDIC will have access to real-time financial and operational data with Yardi Voyager 7S, which works with all Internet browsers and is also tablet-compatible. “Yardi Voyager provides us with a standardised technology platform that will support our entire real estate life cycle,” stated Ali Yassin, finance director at SDIC. “Instead of using multiple disparate systems to manage investments, construction, sales, property and facilities management we will be able to streamline processes across our entire operation through a single solution.”
SDIC will enhance key business operations by integrating new products into Yardi Voyager 7S. One of them is Yardi Advanced Budgeting & Forecasting™, an automated solution that delivers accurate budget projections for revenue and expenses using tenant lease data drawn from Yardi Voyager 7S. SDIC will also adopt Yardi Construction Management™, which will improve cost control and budget oversight by automatically tracking SDIC’s construction job costs and comparing them to the job budget.
“We are pleased to welcome SDIC as the most recent company to adopt Voyager 7S and operate more efficiently by performing multiple business operations within a single platform. The selection further demonstrates Yardi’s dedication to supplying solutions that meet the complex needs of mixed-use managers in the Middle East,” said Neal Gemassmer, vice president of international for Yardi.