Product Updates March 2024

Yardi Elevate - Elevating Your Yardi® Experience

Understanding Yardi's Elevate suite and how it enhances property management through advanced analytics, forecasting, and talent management.

Yardi Elevate represents Yardi's suite of advanced analytics, forecasting, and workforce management tools. Unlike core Voyager functionality, Elevate focuses on strategic capabilities that help property management companies optimize performance across their portfolios.

For organizations looking to move beyond basic property management into data-driven decision making, Elevate offers compelling possibilities. Here's what you need to know.

What's in the Elevate Suite?

Yardi Elevate encompasses several interconnected products:

Asset IQ

Investment performance analytics for portfolio evaluation, benchmarking, and strategic planning. Asset IQ helps investment managers understand performance across properties and make data-driven acquisition and disposition decisions.

Forecast IQ

Budgeting and forecasting tools that leverage historical data and market trends. Forecast IQ can significantly streamline the annual budgeting process while improving accuracy.

Facility IQ

Building operations management including preventive maintenance scheduling, capital planning, and energy management. Particularly valuable for commercial and institutional properties.

Talent IQ

Human resources and talent management designed for property management companies. Handles recruiting, onboarding, performance management, and workforce planning.

The IQ Family

Each "IQ" product can be implemented independently, but they share data and work together for organizations that adopt multiple components. The integrated approach provides advantages that standalone tools can't match.

Who Benefits Most from Elevate?

Elevate products deliver the most value for:

  • Large portfolios: The analytics and forecasting capabilities scale with portfolio size
  • Investment-focused organizations: Asset IQ's investment analytics require sophisticated use cases
  • Organizations with complex operations: Facility IQ helps manage building systems at scale
  • Growing companies: Talent IQ supports workforce expansion and management

Implementation Considerations

Elevate products require thoughtful implementation:

Data Quality Matters

Analytics are only as good as underlying data. Organizations with data quality issues in Voyager will see those issues amplified in Elevate products.

Change Management Required

Elevate often changes how decisions are made—from intuition-based to data-driven. This requires organizational change management beyond software implementation.

Integration Complexity

While Elevate integrates with Voyager, complex portfolios may require additional integration work to fully leverage the platform.

"Elevate transforms Yardi from an operational system into a strategic platform. But realizing that transformation requires investment in implementation, data quality, and change management."

BC Solutions Elevate Services

We help organizations evaluate, implement, and optimize Yardi Elevate products:

  • Assessment: Determine which Elevate products fit your needs and readiness
  • Implementation: Configure and deploy Elevate products effectively
  • Data preparation: Ensure data quality supports analytics requirements
  • Training: Help teams adopt new tools and workflows
  • Optimization: Tune configurations as your needs evolve

Getting Started

If you're considering Yardi Elevate, start by clearly defining your business objectives. What decisions do you want to make better? What processes do you want to improve? The answers will guide which Elevate products to prioritize.

We're happy to discuss your situation and provide an honest assessment of whether Elevate products make sense for your organization.

Interested in Yardi Elevate?

Let's discuss which products might benefit your organization.

Talk to an Expert