Case Study: EastGroup Properties achieves faster quarter-end closes and paperless processing with Yardi Voyager (Yardi)

EastGroup Properties - Customer Case Study

EastGroup Properties, Inc. is a self-administered REIT focused on developing, acquiring and operating industrial distribution facilities across Sunbelt markets, managing about 40 million square feet in 10 U.S. states. The company struggled with multiple, disconnected financial and property-management systems that made reporting, job costing, construction management and quarter-end closes slow and difficult to reconcile.

To address this, EastGroup implemented Yardi Voyager Commercial in 2009 and expanded with Yardi modules including COMMERCIALCafé, Advanced Budgeting & Forecasting and PAYscan to consolidate processes on a single platform. The change shortened monthly and quarterly close cycles, reduced manual data entry and paper mailings, enabled online customer payments, automated budgeting and invoice workflows, and cut storage and mailing costs.

EastGroup Properties

Brian Laird

Vice President of Information Technology