Jeddah -based property developer utilises innovative proptech for digital transformation RIYADH , Saudi Arabia , Nov. 21, 2024 /PRNewswire/ -- Azad Properties, an asset and property management company, has driven its digital transformation with Yardi®, integrating its operations into a single, seamless system. By digitising processes and centralising its data with Yardi's connected real estate platform, Azad Properties has reduced its monthly reporting and closing times by 75%, experienced a 50% increase in payment processing speeds, reduced the lead-to-lease cycle by 40% and improved tenant onboarding, and reduced budgeting and forecasting times by 60%.
"Yardi has allowed us to leverage the platform's capabilities for comprehensive reporting and process automation, driving our strategic goals forward," said Ayman Al Burti , CEO of Azad Properties. "It has also accelerated our growth and strengthened our position as a leading developer and operator in the region." "Our collaboration with Yardi started seven years ago, and it's been a journey of significant mutual growth," shared Majed Al Gothmi , COO of Azad Properties.
"We needed a property management system that could keep up with our diverse and expanding operations, and Yardi proved to be the ideal partner." "Our partnership with Azad Properties has been a testament to what can be achieved when digitising real estate operations," stated Said Haider , senior director for Yardi. "We're delighted to see how our technology h.