When we help our clients marry their real estate systems, such as Yardi, with other platforms, such as Oracle, it’s akin to laying foundations for success.
Shannon Commercial Properties
Co. Clare, Ireland
1.7million sq. ft
"The implementation of Yardi Voyager has significantly improved how we perform as a company. Business processes have been enhanced, information is more readily available and the quality of our data is far higher. We would happily recommend them to other businesses."
David Neylon, Shannon Commercial Properties
Shannon Commercial Properties (SCP) owns and manages one of the largest property portfolios in Ireland. Alongside Shannon Airport and its retail units and concessions, SCP’s portfolio includes eight business and technology parks, more than 2.4 million sq ft of building space, over 300 buildings and in excess of 1,600acres of land. It is part of the Shannon Group plc.
In order to build on consecutive years of growth, SCP’s parent, Shannon Group plc, had devised plans to deliver an ambitious investment programme while improving profitability. Up to this point, SCP used multiple and disparate systems to manage its property portfolio. These systems had served SCP well in the past, but the compilation of financial information was a considerably manual and inefficient process.
With the scale that the organisation now operated, the legacy systems would soon become a barrier to achieving the aspirational new targets. SCP therefore decided to implement a single dedicated property management solution and, after a tender, selected the best-of-breed Yardi Voyager platform. The Yardi platform would need to consolidate SCP’s financial information and integrate with the parent group’s Oracle eBusiness suite. An added complication was that the Oracle platform also required an upgrade. Both projects would need to run in parallel.
"We were looking for an implementation partner with appropriate project management skills and experience of implementing Yardi. With TopUp we got both of these skill sets." David Neylon, Shannon Commercial Properties
Given the complexity of the project, SCP wanted a safe pair of hands as their implementation partner. After a comprehensive tender process, they chose TopUp Consultants due to their extensive experience with both the Yardi platform and managing large-scale commercial real estate software projects. Although both the Yardi and Oracle projects shared a steering committee and overall project structure, there was limited shared resource between the two. Consequently, communication would be vital throughout the venture.
TopUp and SCP discussed a methodology and approach that would ensure all parties remained on the same page. Key stakeholders were identified and a plan devised to maintain and synchronise a regular flow of communication throughout the implementation period. Because of their expertise and independence, TopUp acted as the project champion for SCP at meetings with both Yardi and Shannon Group.
Open and productive communication is key to the success of any implementation project. Intra-organisation communication can, however, be negatively impacted by competing priorities and day-to-day work pressures. Individuals and teams often find it easier to share experiences and take advice from experts outside their organisation. By engaging an external expert to, for example, facilitate meetings, open discussions on requirements and prioritise according to your organisation’s goals, you can add value to your project and avoid internal conflict.
Together, TopUp and SCP developed a bespoke model for the project plan with a timetable for the mainstages of scoping, implementation and go-live, with TopUp leading on:
Because the Yardi system would be new to SCP users, support and training would be vital.
To make sure all end users were ready and confident with the use of the new system TopUp introduced a new training approach. This included hands-on training sessions based on provided sets of exercises, onsite support and an open-door policy for all users. Having extensive experience integrating Yardi with other platforms, TopUp worked with Yardi on the design of an interface with Oracle and made sure that the SCP team understood and were satisfied with the proposed work requests.
"A perfect technical implementation is wasted if end users are not confident in using the new system. That’s why we place such an emphasis on support for all users throughout the project lifecycle. It’s something that’s ingrained in our approach–as evidenced by our industry-leading Helpdesk service. SCP immediately saw the benefits and, consequently, received the rewards a of successful implementation and a smooth handover to business as usual." Kyri Striftombolas, TopUp Consultants
Instead of the inefficient practice of operating disparate system platforms, SCP is now operating a single property management solution: Yardi Voyager.
SCP’s financials are integrated with Oracle at the GL level and accompanied by a full financial reporting stack, which is both legally and business needs compliant. The consolidation of financial data to Yardi and Oracle was enabled by a custom interface that acts as a bridge between the two platforms.
The bespoke training programme and open-door support policy ensured that, across the board, SCP’s teams were confident and ready to use Yardi before go-live. Having worked through real-life scenarios in advance, and with TopUp on hand to provide constant support, end-users were quickly up to speed.
The handover to business as usual was expediated by a re-designed live-to-test database refresh schedule, along with the introduction of a staging database. This reduced the initial configuration process and provided end users with added confidence. In fact, SCP were comfortable enough to bring forward the proposed implementation of the Yardi Construction Management Module–and were able to do so while keeping timelines and budgets under control. The end result is that SCP have an efficient operation ready to continue growth and profitability into the future.
"The implementation of Yardi Voyager has significantly improved how we perform as a company. Business processes have been enhanced, information is more readily available and the quality of our data is far higher. We would like to work with TopUp again in the future and we would happily recommend them to other businesses." David Neylon, Shannon Commercial Properties
“When we help our clients marry their real estate systems, such as Yardi, with other platforms, such as Oracle, it’s akin to laying foundations for success. I’m pleased that, working with SCP as partners, we were able to help them achieve the immediate efficiencies they were looking for and, in the process, unlock the power of their data." Kyri Striftombolas, MD of TopUp Consultants
TopUp Consultants is an established member of the Yardi Independent Consultant’s Network.
If you require support with your Yardi project or process, we'll be happy to help. Book a free consultation.
The most successful real estate companies in the world choose us to help them meet their technology goals.
We recommend the TopUp team without hesitation and plan to continue to work with them to assist us both on implementation and follow-up support services throughout our CEE portfolio.
“The implementation of Yardi Voyager has significantly improved how we perform as a company. Business processes have been enhanced, information is more readily available and the quality of our data is far higher.”
We would like to work with TopUp again in the future and we would happily recommend them to other businesses.”
“We were looking for an implementation partner with appropriate project management skills and experience of implementing Yardi. With TopUp we got both of these skill sets.”
The software support provided by the TopUp Helpdesk is critical to our day to day business. Through their extensive system knowledge, they also help us identify key support trends such as training and also highlights for future planning. We would certainly recommend them as a key IT business partner.
We’re extremely happy with TopUp! This is one of those rare occasions when a consultant fully understands our needs and is able to pre-empt and offer suggestions to future-proof the way we work.
Today TopUp Consultants will launch their eConnect product, a digital correspondence tool for Property Managers, at the annual MRI Software International User Conference (IUC), being held at Planet Hollywood, Las Vegas.