Yardi Debt Manager: A Turning Point in Risk Management
Stay Informed About Your Debt Obligations and Financial Risk
June 2021 | Insights From Our Yardi Specialist – Today’s world of managing covenants, critical dates, taxes and insurance, loan payments and receivables, collateral, future obligations and other debt-related information, within various spreadsheets and disparate systems, is challenging and highly manual.
Real estate companies are confronted with the need to stay informed about their debt obligations and financial risk, yet without seamlessly integrated tools that enable real-time data management and on-demand reporting.
From the property to the fund to the investor level, Yardi clients can now benefit from Yardi Debt Manager, a complete solution for managing all aspects of debt for both borrowers and those who invest in debt. This product aims to eliminate spreadsheets, automate processes and debt accounting, improve tracking of debt-related information and provide transparent visibility into your debt obligations and financial risk, across your portfolio, on-demand.
Manage All Aspects of Debt in Real Estate
Debt Manager is fully integrated with Yardi Voyager and Investment Accounting, allowing you to:
- Audit and track loan term changes and view impacts to the amortization schedule
- Gain visibility and manage critical dates and covenants
- Ensure lender requirements are met using critical dates and notifications
- Automate payments to lenders, posting transactions directly to voyager for history tracking
- Track taxes and insurance to ensure compliance
- Manage investment structures, complex loan types and terms
- Configure customized reports and borrower statements
- Provide internal stakeholders access to important information via dashboards
