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What is Yardi Corom?

Yardi Corom is a cloud-based software solution designed specifically for commercial tenants and corporate occupiers, enabling users to effectively manage and monitor vital lease data, consolidate transactions, ensure adherence to FASB and IFRS standards, and support desk hoteling in flexible work settings. The platform boasts an intuitive interface paired with a comprehensive suite of tools that facilitate the complete management of lease portfolios from inception to completion. Trusted by over 10,000 top real estate firms, Yardi remains committed to delivering specialized expertise and attention to the corporate real estate industry. This solution streamlines every step of the process, from defining initial requirements to executing lease agreements, ensuring a rapid and effective workflow. Users benefit from management-level visibility into maintenance operations across all leases, which enhances oversight and aids in strategic planning. In addition, Yardi Corom automates the handling of Requests for Proposals (RFPs) and bids, featuring capabilities for bid-leveling, side-by-side comparisons, and vendor Requests for Information (RFIs). It also plays a crucial role in improving budgeting practices by providing comprehensive job forecasting for tenant improvement projects and accommodating potential adjustments in project costs, thereby supporting more effective financial planning and resource allocation. Overall, Yardi Corom empowers organizations to make informed decisions and optimize their real estate strategies.

What is PowerPlan?

PowerPlan's Lease Accounting Solution Suite empowers organizations to develop their optimal approach for adhering to ASC 842 and IFRS 16 lease accounting standards. This all-encompassing solution supports a range of accounting frameworks, including GAAP, IFRS, and FERC. Users can leverage scenario analysis within the software to evaluate various adoption strategies and refine their methodologies for implementing the new lease accounting regulations. It adeptly manages a diverse set of capital and operating leases, spanning equipment, real estate, and power purchase agreements. The suite effectively reduces audit risks by automating previously manual tasks, thus improving the precision of billing, reporting, and documentation. Moreover, features such as integrated invoice generation enhance collaboration with billing departments, resulting in better traceability and recognition of receivables. It also automates lease calculations across a wide range of complexities, addressing simple to more complex scenarios that involve variable rates and changing lease terms. Ultimately, this comprehensive solution not only streamlines compliance but also significantly boosts operational efficiency for companies facing the intricacies of lease accounting, allowing them to focus on their core business activities. By providing these essential tools, PowerPlan enables organizations to navigate the evolving landscape of lease management with greater ease and confidence.

Media

Media

Integrations Supported

Integrations Supported

Property Tax Plus

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Yardi Corom

Company Location

United States

Company Website

www.yardicorom.com

Company Facts

Organization Name

PowerPlan

Date Founded

1994

Company Location

United States

Company Website

powerplan.com

Categories and Features

Lease Accounting

Not specified

Lease Management

Not specified

RFI

Not specified

Categories and Features

Decision Support

Not specified

Lease Accounting

Asset Management
Billing & Invoicing
Budgeting & Forecasting
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking

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