Piedmont Realty Trust, a publicly-traded, self-managed REIT focused on owning, managing, and developing Class A office properties, successfully replaced MRI with Yardi Voyager 8 Commercial across a 16 million-square-foot office portfolio. Working alongside the Yardi team, 33Floors delivered Yardi Voyager 8 implementation success by consolidating six separate systems into a single platform in just nine months, ensuring business continuity for the publicly traded REIT.
The effort included end-to-end implementation services, data migration, and reporting strategy for multiple moving parts, including Voyager 8 Core Property Management, A/R, A/P, GL, P2P, Construction Manager, Forecast Manager. 33Floors also assumed an advisory role in the Deal Manager and Fixed Assets Manager implementation. See how it all came together in within the client’s non-negotiable timeline.
At a Glance: 7 Lessons Most Teams Learn the Hard Way
Planning and executing the implementation of Voyager 8 and several additional modules.
Managing significant data migration, including approximately 16 million square feet of Class A office space in 47 buildings, roughly 1,000 leases and 10 separate corporate entities.
Executing the large-scale project in a single phase over a tight nine-month deadline.
33Floors Solutions
Delivered nearly 1,500 hours of specialized services over the nine-month project.
Provided extensive project management from initial project planning through data migration, testing, cut-over, and training.
Time-consuming to create unique scripts and execute
Can feel rigid or detached from “day-in-the-life” scenarios
Conducted requirements-gathering sessions with Piedmont Realty Trust stakeholders and compiled thorough requirements traceability documentation.
Defined configuration and executed all solutions, security customizations, workflow validations, application configuration, and documentation.
Led data migration — analyzing, mapping, and transforming source data extracts into Yardi ETL templates.
Conducted functional unit and system testing and supported Piedmont’s User Acceptance Testing.
Created an in-depth training plan with remote and on-site sessions, documentation, and a hypercare phase.
Provided DataFreedom data migration, development, training, and hypercare.
Results
Successful transition: Moved Piedmont Realty Trust from MRI to Yardi Voyager 8 and key modules, consolidating six disparate systems under one Yardi umbrella.
Streamlined reporting & data: Greatly enhanced and expedited Piedmont Realty Trust’s budgeting and forecasting capabilities. Significantly improved Piedmont’s capital tracking and reporting capabilities. Automated SLR and Opex Recovery calculations not previously available or used in MRI.
Improved adoption & collaboration: Enabled more robust integration and information sharing across departments.
33Floors was a great partner from a project management/IT resource standpoint. The team’s hands-on experience in the office sector and lease administration was invaluable. We are a public company with limited availability for process changes, and 33Floors was excellent at keeping the entire project moving through the critical nine-month timeframe.”
Key Takeaways in Yardi Voyager 8 Implementation Success
33Floors worked closely with Yardi and Piedmont Realty Trust to deliver full-cycle implementation services from assessment to hypercare. In the end, Piedmont experienced greatly improved budgeting/forecasting, reporting, and information sharing while meeting their critical deadline.
Ready to experience 33Floors’ elite full-service approach to implementation? Contact us today and get above it.
