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Overview
Yardi Corom is an extensive lease accounting tool that enhances lease and real estate operations with automated compliance for ‘ASC 842’ and ‘IFRS 16’. While the platform’s implementation may require some time according to some users, it provides comprehensive lease and portfolio oversight.
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Starting Price
Custom
Yardi Corom Specifications
- Maintenance Management
- Real Estate And Lease Management
- Reporting And Analytics Dashboards
- Visitor And Resource Booking
What Is Yardi Corom?
Yardi Corom is a cloud-based real estate platform that offers comprehensive lease portfolio and facility oversight with centralized lease management and accounting features. It automates lease accounting compliance across standards like ‘ASC 842’, ‘IFRS 16’, and ‘GASB 87’, and tracks critical dates, documents, and financial data. The platform provides dashboards and custom reporting that deliver performance insights and simplifies workflows across lease, transaction, and facility management. It also features tools for collaborative deal management and data centralization.
Yardi Corom Pricing
Yardi Corom pricing is estimated to range from $500-$2,000/year for small businesses, $2,000-$5,000/year for mid-market companies, and more than $10,000/year for large enterprises. This pricing is intended for general budgeting purposes, as actual costs can vary based on number of users, selected feature tiers, and required integrations.
In addition to the base subscription costs, organizations should account for the following estimated expenses that are sourced from third-party websites:
- Implementation and onboarding costs: $1,000-$10,000
- Customization costs: $5,000–$20,000
- Training costs: $500 for small businesses; $5,000 for large enterprises
Disclaimer: Pricing references are based on publicly available third-party information and industry benchmarks. Actual costs may vary.
Yardi Corom Integrations
Who Is Yardi Corom For?
Yardi Corom is suitable for the following professionals:
- Real estate managers
- Retail tenants
- Lease management teams
Is Yardi Corom Right For You?
Yardi Corom is suitable for businesses aiming to streamline real estate and lease operations while maintaining compliance and operational visibility. It extensively tracks lease data and automated compliance processes that reduce manual workload and risk. The platform also provides real-time performance insights through dashboards and flexible reporting, enabling informed decision-making.
Still not sure if Yardi Corom is right for you? Contact our customer helpline at (661) 384-7070 for further guidance.
Yardi Corom Features
Lease Management
Yardi Corom provides storage and access to lease contracts, contacts, and lease data, ensuring critical dates are never missed. It automatically tracks lease obligations and key milestones to streamline operational workflows.
Lease Accounting
The software automates lease accounting under ‘ASC 842’, ‘IFRS 16’, and ‘GASB 87’ compliance standards. It facilitates accurate journal entries, amortization schedules, and financial tracking linked directly to lease operations.
Transaction Management
The system centralizes deal data and documentation management to streamline real estate transactions. It enables workflow tracking for lease negotiations, approvals, and closures. The system also supports collaboration with brokers and internal stakeholders to facilitate efficient decision-making.
Facilities Management
The platform provides maintenance insight across locations to optimize building performance and improve operational visibility. It allows workforce mobilization with connected teams and mobile access for work orders, inspections, and task tracking across facilities.
Pros And Cons of Yardi Corom
Pros
Provides centralized lease and document storage
Centralizes transaction workflows
Automates key date alerts
Delivers performance dashboards and insights
Cons
Its extensive products can be slightly overwhelming for new users
The platform’s implementation stage may include limited transaction management details
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Frequently Asked Questions
What types of pricing plans does Yardi Corom offer?
The vendor offers customized pricing plans according to different business needs. Its pricing is estimated to range from $500-$2,000/year for small businesses, $2,000-$5,000/year for mid-market companies, and more than $10,000/year for large enterprises. This pricing is intended for general budgeting purposes, as actual costs can vary. In addition to the base subscription costs, organizations should account for the Implementation and onboarding costs of $1,000-$10,000, Customization costs of $5,000–$20,000, and Training costs of $500 for small businesses; $5,000 for large enterprises. These estimated expenses are sourced from third-party websites. Get a customized Yardi Corom cost breakdown for your business today.
What language does Yardi Corom support?
Yardi Corom supports English language only.
Does Yardi Corom offer an API?
Yes, Yardi Corom software does offer an API.
What level of support does Yardi Corom offer?
Yardi Corom offers support through form submission.
Does Yardi Corom have a mobile app?
No, Yardi Corom software does not offer a mobile app.
What other apps does Yardi Corom integrate with?
The vendor has not provided details about third-party integrations for this software.
Who are the typical users of Yardi Corom?
The typical users of Yardi Corom include professionals like real estate managers, retail tenants, and lease management teams.