Investment manager automates over 140 processes with
cloud-based solution
RIYADH,
Saudi Arabia, May 22, 2024
/PRNewswire/ -- Awqaf Real Estate Management & Services
(ARMS), goes live with Yardi's investment, asset and property
management platform.
Yardi's end-to-end solution has helped ARMS automate over 140
processes across leasing, finance, procurement and facility
management. Communication is now automated and tracked across teams
and ARMs can efficiently see all interests and leads of its
available units. The company has also gained deeper analytics and
comparison reports, automated lease invoice generation and
minimised data entry by leasing agents.
Thear Al-Ajmi, Director of
Branches and Customer Services at ARMS, added: "Yardi's property
management technology has significantly contributed to enhancing
the management of our real estate portfolio, enabling us to
continue achieving our objectives towards optimal real estate asset
management. We have automated over 140 processes in investment and
property management, covering more than 90% of our business
requirements. The comprehensive solutions provided by Yardi have
empowered us to efficiently integrate and manage our data, marking
the beginning of our journey towards achieving full digital
transformation for all company operations in the future".
"At Yardi, our commitment lies in offering innovative solutions
that empower our clients to streamline operations, optimise
investment performances and drive added value to their customers,"
said Said Haider, senior director
for Yardi®. "We are delighted to see Yardi already
streamlining processes for ARMS and we look forward to seeing their
continued growth."
See how Yardi can help you achieve your goals for property
management with our effective, cloud solution.
About ARMS
ARMS is a subsidiary company of Awqaf
Investment Company "AIC" the investment arm of the General
Authority for Awqaf "GAA". work to develop investment mechanisms
for endowments managed by GAA, diversify the investment portfolio,
and develop the investment strategy, through the management and
operation of endowments affiliated to GAA; real estate investment
and development of endowments for the benefit of the endowment or
GAA; and investment in securities through the management of
portfolios and funds. For more information, visit awqaf.com.sa.
About Yardi
Celebrating its 40-year anniversary in
2024, Yardi® develops and supports industry-leading investment and
property management software for all types and sizes of real estate
companies. With over 9,200 employees, Yardi is working with our
clients globally to drive significant innovation in the real estate
industry. For more information on how Yardi is Energised for
Tomorrow, visit yardi.ae.
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