by Shane Henson — October 11, 2013—Yardi announced this month that the San Francisco Public Utilities Commission (SFPUC) has selected Yardi Voyager to manage its broad portfolio of owned and leased land holdings.
Designed to be the most comprehensive set of financial, accounting, and management tools for government, the SFPUC will use Yardi Voyager to manage leases, permits, and licenses for short-term and long-term uses of right-of-way properties. The leases include non-revenue permits and memoranda of understanding with other municipalities for use of the land. The SFPUC leases more than 60,000 acres of land in seven San Francisco Bay Area counties for agriculture, quarrying, golfing, parking, housing and grazing purposes, says Yardi.
Leaders within SFPUC expect the organization to operate much more efficiently thanks to the software-as-a-service property management and accounting platform.
“Our previous system was outdated and hindered our ability to manage our leases effectively,” said Rosanna Russell, real estate director for the SFPUC. “Ultimately, this led to a negative audit by the city controller, so we sought a new platform for managing all critical dates associated with financial and other lease terms, licenses and permits. With the wide variety of property types in our portfolio, we concluded that Yardi Voyager was the best choice for a user-friendly property management and lease administration solution that could be easily adapted to our unique portfolio. We were also impressed with Yardi’s history of innovation and industry leadership.”
