Bill Pay automates check writing and electronic vendor or owner payments for outgoing accounts payable. Payments are distributed automatically and recorded in Yardi Voyager in real time. For vendors and owners that do not accept electronic payments, clients may self-process checks or take advantage of Yardi’s full-service check processing. With full-service, Yardi will process, print and mail checks on a business’ behalf, general journal description entries example saving clients significant effort and increasing productivity. Users choose which payments to outsource, retaining full control and oversight.

Yardi Bill Pay processes, prints, transmits or mails payments, saving significant effort and increasing staff productivity. Mitigate risk by using VendorShield to streamline vendor onboarding and automation of ongoing compliancy verifications for vendors. Gain access to more than 2 million MRO products and building supplies from nationally recognized suppliers through Yardi Marketplace. Tenants can log in, view their account balances and pay directly from a bank account or with a credit or debit card. Online payments are entered directly into Yardi Voyager, with automatic deposits and easy bank reconciliation.

Yardi Payment Processing Adds Bill Pay

Connect to Yardi Voyager property management to automate all transactions and reporting from investor to lease. It can also be connected to Yardi Investment Manager for internal stakeholder access to investor/investment data and for ease of communication with how to calculate accounts payable on balance sheets current and prospective investors. For managing debt investments, integrate with Yardi Debt Manager to provide the same level of transparency from investor to borrower. Give tenants the convenience of making payments online with simple, browser-based access and handy mobile apps. In 1984, Anant Yardi created “Basic Property Management” for the Apple II computer and sold it to our first customer, Sabaco Realtors.

1. Instantly create receipt batches in Voyager for all items and permanently store the image files — so you don’t need to make copies.
2. The time required to implement property management software depends on the solution and the portfolio.
3. Checks are scanned, uploaded and automatically deposited into your account.
4. More sophisticated implementations can take months to ensure all your needs are met.

Choose your market

Scan batches of personal, corporate, bill pay and cashier’s checks as well as money orders to greatly reduce processing time. Instantly create receipt batches in Voyager for all items and permanently store the image files — so you don’t need to make copies. Facilitate fast and accurate approvals by quickly routing invoices to the right member of your team. Approvers receive email alerts, then log in to their dashboard to process each invoice. Automate calculations and produce results for timely and accurate reporting.

What our clients are saying

Streamline the way you process invoices with efficient, online approval workflows. Approve invoices faster and make fewer mistakes by scanning paper invoices and converting them into Voyager electronic transactions. Ensure timely vendor payments with Yardi’s virtual credit card, EFT, or automatic check writing. Leverage all the products in the Yardi Procure to Pay Suite to maximize your savings and operational efficiencies.

Reduce operational costs with an outsourced vendor payment process that completes the automated procure to pay cycle. Our client services team assists with implementation and provides in-person support and online training at every stage of the client’s product experience. Many team members, such as Certified Energy Managers, have earned accreditation that enables specialized client support. Additionally, clients can access on-demand support articles, videos and eLearning classes. The time required to implement property management software depends on the solution and the portfolio.

Centralize product and service vendor information with VendorCafe how to calculate gross income per month while reducing property risk with VendorShield. Yardi® develops and supports industry-leading investment and property management software for all types and sizes of residential and commercial real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide.

More sophisticated implementations can take months to ensure all your needs are met. Reduce per-invoice costs with Yardi PayScan, which includes an automated online approval workflow through vendor payment and automatic recording in Yardi Voyager. Electronic payables lower the cost of approving payables and reduce errors by eliminating redundant data entry. Join thousands of businesses worldwide that choose Yardi property management software and services to optimize every aspect of their operations. Gain portfolio-wide oversight of organizational spend, standardize approvals and facilitate effective executive decision making with a single, centralized, electronic accounts payable system. Yardi users can now apply an easier, faster and more secure AP process to your invoicing and payments with AvidXchange.

Compare your portfolio investment performance to industry or internal benchmarks. Streamline the submission process for contributing members for key industry benchmarks. Automate accounts payable without any changes to how you are using your Yardi system. Use Stampli’s unique collaboration hub, advanced technologies, and intuitive interface to smartly and efficiently control the lifecycle of your vendor bills. Maximize spending control with negotiated pricing and real-time budget checks. Choose which payments to outsource and retain full oversight of your accounts payable.