Yardi Corom logo

Yardi Corom

by Yardi
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ActiveAvailable globallyCloud
Quick facts
VendorYardi
Year launched
StatusActive
LocationYardi Systems, 430 S Fairview Avenue, Santa Barbara, CA 93117
Countries servedGlobal
Languages1
Integrations
Free tier
Free trial
Contact salesYES

About Yardi Corom

Yardi Corom is a property management software from Yardi that supports the real estate industry. It provides tools for tracking and managing residential and commercial properties, tenant applications, and maintenance requests so property managers can efficiently oversee their operations. Yardi Corom includes mobile access, customizable reporting, and integrated payment processing for improved financial management. The software facilitates tenant communication and improves visibility into property performance. Key capabilities: property tracking tenant screening maintenance management financial reporting mobile access Best for: property managers and landlords that need to manage multiple properties effectively.

Yardi Corom is an enterprise-grade, cloud-based platform built by industry giant Yardi Systems, offering a unified solution for Corporate Occupiers to manage their real estate and equipment leases. Its core strength is the seamless integration of lease accounting (ASC 842/IFRS 16 compliance), transaction management, facilities maintenance, and capital project management (CMMS) into a single stack. This eliminates siloed data, dramatically reduces audit risk through automation, and provides C-suite executives with a single source of truth via robust analytics. Yardi Corom is best suited for large commercial enterprises with complex, global lease portfolios. While the system's size leads to an initial learning curve and its pricing is custom-quoted, its comprehensive, end-to-end functionality—especially in compliance and mobile-enabled field operations—makes it a powerful, market-leading investment for centralized corporate real estate strategy.

Pros & Cons

What users like
  • +Offers a seamless solution for procurement, invoicing, and outsourced payment processing
  • +Automates complex calculations and reporting for major global lease accounting standards
  • +Consolidates lease, accounting, facilities, and construction into one system
What users flag
  • Customer support can be slow or inconsistent
  • Initial learning curve due to the sheer volume of integrated features
  • Highly customized reports are complex

Features

Key features

Lease Accounting Compliance (ASC 842/IFRS 16/GASB 87)
Automates complex calculations for Right-of-Use assets and lease liabilities, generating amortization schedules and journal entries to ensure global accounting standard compliance.
End-to-End Lease Management
Provides a central platform to easily analyze, track, and manage an entire portfolio of real estate and equipment leases, including critical date tracking (renewals, terminations) and document centralization.
Facilities and Work Order Management
Features to track and address work orders (via manual or automated scheduling), run preventive maintenance, and use mobile apps to connect field teams.
Transaction Management
Streamlines the real estate deal pipeline, allowing users to track deals, perform side-by-side analysis, and collaborate with both internal teams and external brokers.
Procure-to-Pay (P2P) Solution
A paperless solution that automates the entire payment process, from invoice capture (OCR) and PO matching to rent payments and integrating vendor spend with the general ledger.

Additional features

Occupancy Management
Provides features for flexible workspaces like desk hoteling and check-ins, delivering real-time occupancy metrics for portfolio optimization.
Reporting and Analytics
Out-of-the-box and configurable dashboards to show portfolio costs, liabilities, performance, and trends for board packs and audits.
Construction Management
Tools for capital projects oversight, tracking budgets and timelines, automating RFP/bid management, and end-to-end job forecasting.
Vendor Management
Streamlines management of vendors, including tracking W-9s, COIs, service contracts, and offering vendor self-service portals (VendorCafe).
Audit Trail & Role-Based Access
Maintains a complete audit history for traceability of decisions and uses single sign-on with role-based access for security and governance.
Centralized Document Storage
Simplifies storing and accessing all documents, contacts, and key lease events in a single, searchable location.
Monthly Forecasting
Allows for accurate monthly forecasting across capital projects, comparing committed costs against actuals.
Operating Expense & CAM Reconciliation
Automates the complex process of reconciling operating expenses and Common Area Maintenance (CAM) charges.
Visitor Management (Bluepoint)
Integrates with facilities/security systems to track and manage all visitors entering and exiting a facility, improving security and check-in processes.
Open API & Utilities
Provides Open APIs and import/export utilities to ensure seamless data flow with other enterprise systems.

Pricing

Free trial
Free version
Request a quote
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Countries & Languages

Global
Countries served
1
Interface languages
3
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP

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