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Case Studies

Lease Data Migration from JDE to Yardi

Olshan Properties acquired a property with its data stored in JDE. This precipitated a need to migrate lease data from JDE, the seller’s system, to Yardi, their property management platform. The migration process included comparing Rent Roll and Average Rent Data between JDE and Yardi.

THE CHALLENGE

The JDE recurring charges data contained gaps, posing integration complexities with Yardi. Rent Roll comparisons revealed numerous variances, highlighting the importance of factoring in JDE’s suspension date functionality during data uploads to Yardi. Mapping bill codes between JDE and Yardi proved intricate due to lack of standardization in JDE, leading to multiple descriptions for the same bill code. In addition, compatibility issues arose with accommodation of the incomplete JDE sales overage data into Yardi.

SOLUTION

Olshan Properties selected NTrust Infotech because of their extensive experience with Yardi systems. NTrust uses Yardi to administer 30,000 multifamily leases and understands how to optimize Yardi automation features.

SCOPE OF WORK:

Identify all validations in Yardi for setting up recurring charges. Validate and import JDE recurring charges in to Yardi • Update “rent end” dates in Yardi with the suspension dates in JDE to eliminate superfluous records in Yardi • Map bill codes between JDE and Yardi using “Chart Account Code” description to eliminate multiple descriptions for the same bill code • Analyze sales overage data gaps in JDE and import clean data into Yardi • Compare sales overage rent between both systems, address variances, make adjustments to leases impacted to ensure data matches

REMAAP USE CASES DEPLOYED

Data Clean Up

Analytics

RESULTS

Completed project on time over an eight week period

By aligning sales overage rent calculations between JDE and Yardi and eliminating duplicate descriptions, client is now able to process data in Yardi. This improved operational efficiency and ensures timely financial reporting.

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  • REAP+
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  • Lease Abstraction
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  • Real Estate Consulting Services
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Copyright © 2024 NTRUST INFOTECH
ALL RIGHTS RESERVED

Sri Ramachandran founded NTrust Infotech to specialize in outsourcing services for the commercial real estate industry. He has over 26 years of Information Technology and business process outsourcing experience for a range of industries. In his earlier venture SIGMA Project Services, which focused on IT services, he grew the company to a 250 person company in 18 months and made it a leading CRM implementation company. Prior to that, as head of the North American Operations for Pentafour Software, he grew that business to $100M annual revenue in 3 years.

 

In 2003 Sri saw an opportunity to combine his knowledge of outsourcing with technology to create finely honed back office service offerings in the commercial/corporate real estate space (CRE) and focused all of NTrust’s resources on achieving best in class services in Lease Administration, Abstraction, Data maintenance, and Portfolio Analytics. Sri has a Bachelor of Science degree in Mathematics, a Master’s degree in Computer Applications from NIT-Trichy, India and an MBA from Anderson School of Management at UCLA.