Yardi Voyager

What Is Yardi Voyager?

Yardi Voyager is a property management platform designed for real estate organizations managing multifamily and commercial properties that require customizable solutions for their operational and accounting requirements. It provides tools for property management, accounting, asset management, reporting, and task automation. The platform helps users manage property and financial data, track asset depreciation, and gain insights through dashboards and analytics. It also supports maintenance operations by improving visibility into property work and coordinating tasks needed to prepare vacant units for new tenants. Its cloud-based setup also allows users to access and manage property information remotely.

What Is Yardi Voyager Best For?

Yardi Voyager stands out for its AI-powered task automation, which helps teams handle routine property management activities with less manual effort. The platform helps automate communications, generate summaries, approve invoices, and resolve common issues. By handling these repetitive activities, it helps teams reduce administrative work and spend more time managing property portfolio operations.

How Much Does Yardi Voyager Cost?

Yardi Voyager pricing is estimated to fall between $2,000 and $10,000/month, based on industry benchmarks for similar property management category solutions. This range is intended for general budgeting purposes, as actual costs may vary depending on factors such as portfolio and property scale, selected modules and features, and integrations and implementation requirements.

In addition to the base subscription costs, organizations should account for the following potential expenses:

• Implementation: $20,000–$100,000 (enterprise implementation involves project management, configuration, process reviews, testing, and go-live support; Yardi states core implementations typically take 3–6 months)
• Data Migration: $10,000–$50,000 (cost varies by portfolio size, legacy systems, data quality, conversion method, and historical data requirements)
• Training And Onboarding: $5,000–$20,000 (role-based training, administrator training, onsite sessions, and additional training beyond standard resources)
• Integrations: can fall around $5,000–$30,000/integration (custom interfaces, API connections, SSO, and third-party property or financial systems can require separate development and configuration)
• Customization And Configuration: $10,000–$50,000+ (complex workflows, custom reports, interfaces, and functionality are scoped separately from standard implementation)
• Infrastructure / Hosting: $1,000–$5,000/month (relevant primarily where additional hosting, database, network, or client-specific infrastructure services are required; Yardi also offers SaaS hosting options)

User reviews indicate that Yardi Voyager can be expensive, particularly for smaller properties and commercial portfolios. Reviewers appreciate customization options and advanced features as compared to its alternatives while some consider the overall pricing excessive.

Disclaimer: Pricing references are based on publicly available third-party information and industry benchmarks. Actual costs may vary.

Yardi Voyager Integrations

The software supports integration with a variety of third-party applications, including:

• Prophia
• VTS
• Genesis
• MY COI
• LeaseMax
• Northspyre

How Does Yardi Voyager Work?

Log in to your Yardi Voyager account and follow the steps below to manage property operations and portfolio activities:

• Set up properties and assets by adding portfolio information, units, leases, and relevant financial details
• Configure user roles and dashboards to give accounting, leasing, maintenance, and other teams access to relevant tasks and information
• Manage leasing activities by setting up leases, tracking leasing activity, and processing move-ins, renewals, and move-outs
• Track property operations by creating and tracking work orders, maintenance activities, purchase orders, and other operational tasks
• Process financial activities by managing accounts payable, accounts receivable, general ledger entries, budgets, and other property accounting tasks
• Automate routine tasks by using configured workflows for leasing, maintenance, communications, and invoice approvals
• Monitor portfolio performance through dashboards, analytics, and reports covering financial, leasing, maintenance, and asset data

Who Is Yardi Voyager For?

The platform is designed to support a range of businesses and organizations in the real estate industry, including:

• Multifamily properties
• Military housing
• Social housing
• Student housing
• Single family homes

Yardi Voyager Use Cases

Based on our analysis of user feedback and Yardi Voyager features, we have identified the following key scenarios where it is a good fit:

1. Property Accountants Struggling To Track Asset Changes Across Portfolios

Accounting teams managing large property portfolios can struggle to keep asset records updated as assets are purchased, depreciated, transferred, or disposed of. Yardi Voyager Fixed Assets Manager addresses this by tracking assets throughout their lifecycle while maintaining usage and value history. As assets are recorded, the system links them with payable invoices and journal entries and automates depreciation calculations and related entries. Teams can then use built-in reports to review depreciation, transactions, asset details, and warranty information, making it easier to keep asset and financial records organized.

2. Property Managers Dealing With Disconnected Data Across Multiple Databases

Property managers handling multiple properties may struggle to bring data from different databases and other sources into one view. Yardi Data Connect aggregates this data and provides secure feeds to Microsoft Power BI for analysis. Teams can create custom views, reports, and dashboards using relevant metrics and KPIs. To keep these reports updated, automated data feeds and scheduled refreshes modify the reporting data. This gives property managers a centralized and up-to-date view of portfolio data for analysis.

3. Operations Teams Facing Repetitive Tasks Across Daily Operations

Operations teams may spend considerable time managing routine communications, reviewing invoices, and addressing property-related issues. Yardi Voyager’s embedded AI can automate communications, generate summaries, and assist with invoice approvals within the platform. It can also help teams resolve operational issues faster by providing AI support during routine tasks. This helps reduce repetitive administrative work while giving teams more time to focus on day-to-day property operations.

4. Property Managers Dealing With Delays In Preparing Units For New Tenants

Property managers may lose rental income when vacant units take too long to be prepared for new tenants. Yardi Voyager Maintenance IQ helps track the maintenance work involved in unit turns, including work orders, inspections, costs, and completion timelines. Staff can schedule recurring work and update tasks as they are completed. During on-site inspections, they can also capture photos and document damaged items through the mobile app. This gives property managers clearer visibility into turn progress and helps them identify delays that can extend vacancy periods.

Is Yardi Voyager Right For You?

If you are a property management organization looking to manage complex portfolios, Yardi Voyager provides a cloud-based environment for property operations, leasing, accounting, maintenance, and portfolio management. It is designed to support organizations with different portfolio sizes and operational requirements, while giving teams access to core property data in one system.

The software also supports compliance with industry regulations, such as GAAP and IFRS standards, to help maintain accurate and consistent financial records. It is also trusted by industry leaders, including Towne Properties, Greystar, Link, BH Properties, HCA Healthcare, and 25N Coworking.

Still not sure if Yardi Voyager is right for you? Contact us at (661) 384-7070 and we will help you make the right choice.