Yardi Genesis2 Software


 

Genesis2 from Yardi is a property management and accounting software for small to midsize businesses. The cloud-based solution allows property managers to market, lease and manage many different property types from a single, mobile platform.

Genesis2 works for residential and commercial properties – including multifamily, affordable, condo, office, industrial, retail and self-storage buildings – as well as mixed portfolios. The solution includes automated prospect and tenant workflows, built-in reports, and real-time analytics. Users can run instant CAM reconciliations, calculate overheads and post charges using a single screen. Tenants and staff are able to create online work orders and route them to maintenance technicians.

The Yardi Genesis2 Suite includes additional tools for marketing, leasing, payment processing, insurance and resident screening in a platform that scales as companies grow. Built‐in functionality guides users through all property management, accounting, maintenance and customer service tasks.

Users have access to free online learning resources and monthly webinar training courses.

 

Yardi Genesis2
 
Supported Operating System(s):
Mac OS, Web browser (OS agnostic), Windows 8, Windows 10

23 Reviews of Yardi Genesis2

 

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Software Advice Reviews (22)
More Reviews (1)

Showing 1-20 of 22

John from Consulting, Inc.
Specialty: Apartments / Multi-family
Number of employees: 1 employee Employees number: 1 employee

October 2017

October 2017

Beta version of Genesis 2 by Yardi

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

I would not recommend this software. It's beyond me why there are many users (apparently there are many users - I can't verify this)

Pros

Nothing - In concept the software is fine. However, the features don't work correctly. The financial portion of the program doesn't work well.

Cons

Very hard to use. Apparently a beta version - many features don't work and the support staff don't know how to fix them. Programmers don't understand real estate management so the software doesn't do what managers need. VERY hard to correct errors - extremely time consuming. No reasonable documentation.

 
 

Sab from Tessler & Stein
Specialty: Real Estate Developer
Number of employees: 2-10 employees Employees number: 2-10 employees

October 2017

October 2017

good product

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

layout is great, you can use it wherever you are, login is easy and fast, has more function than I need

Cons

it's pretty pricey. still use the older version and for what I need it it's good enough. eventually I will switch though

 
 

Stella from Katz Properties, LLC
Specialty: Retail
Number of employees: 11-50 employees Employees number: 11-50 employees

August 2017

August 2017

The best property management and accounting software

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

Easy to use, very well designed with great features, cost competitive.
I used Yardi Voyager for more than 10 years from my prior jobs, but I have to say Yardi Genesis 2 is better than Voyager in so many ways.

Cons

Hope there are more reports available in the Analytics section. Sometimes it runs slow, but it can't be due to our internet issues.

 
 

Mamta from RE/MAX Combined Investments Inc
Specialty: Real Estate Developer
Number of employees: 11-50 employees Employees number: 11-50 employees

June 2017

June 2017

Excellent

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Pros

everything is understandable & easy for operating, specially for Storage unit they separated. Like Storage facility, commercial is easy

 
 

Jeanmarie from NW Management Group
Specialty: Community / HOA
Number of employees: 2-10 employees Employees number: 2-10 employees

April 2017

April 2017

Shopping for new software

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Looking for new software now.

Pros

The Automatic reporting is a helpful feature. The dashboard is nice, but very rudamentory and the none of the date due by fields work

Cons

not easy. Clunky dashboard. No automation. No app. Not Apple friendly. Unreliable. no picture. Less automatic then it should be.

  Response: Laura, Yardi

Date: April 2017

April 2017

 

Hello Jeanmarie,

I apologize for the frustrating program interface experience that you have described. Delivering excellent products and services has been Yardi’s commitment to our clients for over thirty years. We continue to innovate and improve our products. I would like to learn more details about your experience and work to make things right. I will reach out to you, but also feel free to contact me at your convenience.

Best regards,

Becky Sanvictores
Vice President Client Services
Office 800.866.1124 x1140
becky.sanvictores@yardi.com

 
 

Tamara from Accord Management
Specialty: Residential / Single-family
Number of employees: 2-10 employees Employees number: 2-10 employees

April 2017

April 2017

Easy to learn

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

This is a great software to manage HOA's. Has all the reports I need. It's easy to use and easy to learn.

Cons

The Help function needs more updating and details. If I can't figure out how to do something, the help button isn't that useful.

 
 

Matthew from Recl
Specialty: Mixed Portfolio
Number of employees: 11-50 employees Employees number: 11-50 employees

February 2017

February 2017

Yardi Review

Ease-of-use

Functionality

Product Quality

Customer Support
N/A

Works well for certain things but a lack of customization or frequent updates makes integration with other software difficult.

 
 

Jeremy from Wilshire Pines Apartments
Specialty: Apartments / Multi-family
Number of employees: 2-10 employees Employees number: 2-10 employees

February 2017

February 2017

Very pleased

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Over all, yardi has been streamlined to make our lives in the apartment industry much simpler. From changing status of vacant units to adding service requests, yardi is very user friendly.

 
 

kathy from K and G Management
Specialty: Apartments / Multi-family
Number of employees: 2-10 employees Employees number: 2-10 employees

December 2016

December 2016

Yardi review

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Value for Money

Haven't used it yet. Haven't implemented it yet. I have used Yardi for 20 years and have loved it. We aren't sure about the web base program. Haven't used it yet. Haven't implemented it yet. I have used Yardi for 20 years and have loved it. We aren't sure about the web base program.

Pros

We haven't used it yet.

Cons

The price/month. I like controlling my information privately. We built our properties 20 years ago, and always want to maintain a database, even when retired.

Advice to Others

I have loved using Yardi 3.1 Pro. Sad that is it going to web based.

 
 

Julie from Family Worship Center
Specialty: Affordable Housing
Number of employees: 2-10 employees Employees number: 2-10 employees

October 2016

October 2016

Inconsistent

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

The software more than provides the needed functionality for our properties. However we constantly have issues with HUD receiving vouchers, recertifications, etc. As long as it works everything is fine but when HUD can't receive documents from us we have problems that take weeks to resolve.

Pros

Completely web based and budget friendly

Cons

Constant transmittal issues

 
 

Heidi from Schneider Homes
Specialty: Apartments / Multi-family

August 2016

August 2016

Yardi Genesis 2 - a total trainwreck

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Likes Best

Being able to have a historical conversion, but unfortunely the reports generated TY/ LY reports with 0 and they like most other issues have NEVER been fixed. The company doesn't even understand their own software.
The technical support doesn't understand the income and expenses and accounting practices of an apartment community.

Likes Least

Customer support....and is it the most clunky, non-user friendly software I've ever used.
We tried to use it for 2 1/2 months and couldn't get them to fix the bugs in their own system. all the software issues I was having I fixed most of them myself. We moved to Appfolio starting August 1st...night and day difference. I'm thrilled, more importantly my team is happy, and our tenants are impressed with the online portal.

Recommendations

We used Genesis 1 for years which is a very basic program, so we decided to move to the the Cloud version called Genesis 2. It was a HUGE mistake. The conversion was horrible, the customer support was even worse, you can't even get someone on the phone half the time, and they NEVER call back after you issue a trouble ticket.
this software has been out for THREE years and it has soooo many bugs, and doesn't offer any cool new upgrades. Such as texting tenants like AppFolio

 
 

Jodie from Oakland Management Corp.
Specialty: Apartments / Multi-family

July 2016

July 2016

Yardi - it's ok

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Likes Best

Large selection of modules/programs, great accounting processing.

Likes Least

Poor customer service, most departments do not talk to other departments within the same company.

Recommendations

Determine if a smaller software will suffice your needs.

 
 

Laurie from The Sherman Agency
Specialty: Mixed Portfolio

June 2016

June 2016

Accountant

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Likes Best

Web based access from any internet connection. Dashboard give an at a glance view.

Likes Least

Conversion was a complete nightmare. Software has glitches & conversion corrupted data. It has been 10 months since conversion; still cannot add modules because core software has too many problems. Not as flexible as Gen1. No accounting support. No local support. Very expensive.

Recommendations

Been a client of Yardi for 20+ years; unfortunately there was nothing they could do to fix issues or satisfy our frustrations after a year of trying to get software accurate and running without constant glitches. If you decide to go with Yardi; get ready to hire a consultant at your cost to get things done!

 
 

Ravi from Citco
Specialty: REITs

June 2016

June 2016

Investment management

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Likes Best

Reporting engine and custom dashboards
Data mart and KPI

Likes Least

Plugin and point release or deployment and response from cloud in terms performance

Recommendations

Easy navigate and comparable with all devices and web browsers

 
 

Richard from Citco Fund Services
Specialty: Mixed Portfolio

June 2016

June 2016

Yardi BA Reviw

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Likes Best

Fulfills the needs of our clients. Great client service

Likes Least

Upload large quantities of data. Always an issue when onboarding large clients.

Recommendations

Compare it to competitor's products and the needs of one's clients.

 
 

Karthik from Citco fund services
Specialty: REITs

June 2016

June 2016

Yardi review

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Likes Best

Reporting customisation within the engine is awesome. Liked using it

Likes Least

Still learning the tool. Point release is one problem we face. Missing documentation about optional packages

Recommendations

Customization within the reporting engine should be used which is convinient and useful

 
 

Krunal from Citco
Specialty: REITs

June 2016

June 2016

Briefly summarize your experience with this product.

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Likes Best

Reporting and customization
also interation and sginle database

Likes Least

PlugIn and upgrade I dont link,
Cloud UI and contronal pannel

Recommendations

cost,reporting and modules with integration, should have clould ySQL

 
 

Alex from Citco Fund Services
Specialty: REITs

June 2016

June 2016

Yardi Genesis

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Likes Best

Intuitive, easy to navigate and allows for customization for open-ended funds. Vendor is always on the forefront of the changing regulations in the Alternative Investment Technology space.

Likes Least

Cost is too damn high. Although competitive pricing with other industry leaders, pricing is significantly higher than other smaller competitors but functions for Investor Manager are the same of other GLs.

Recommendations

My recommendation to others when evaluating this software is be able to utilize it for a close and open-ended fund structure with IR and FA functions, not just Property Managers.

 
 

Jaribu from Lewis Nelson & Sons Inc
Specialty: Apartments / Multi-family

April 2016

April 2016

Yardi Genesis Experience

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

I liked the dashboard once you logged in. It gives you a quick snapshot of the events going on for a selected property.

Likes Least

We are based in California and I did not like that the product specialist was located in the eastern time zone. If we had issues that arose after 12 o'clock our time, they were not answered until the next day. Work would stop until we got a response back from our product specialist.

Recommendations

Make sure you understand the availability of the product specialist. We were in the pacific time zone and the product specialist was in the eastern time zone, so you must have your request in to the product specialist by noon.
Make sure if you have multiple databases you are aware of what can occur if you merge those databases.

 
 

Kim from Two Plus Four Management Co., Inc.
Specialty: Affordable Housing

July 2015

July 2015

Yardi Genesis/Classic review.

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Likes Best

Easy to navigate, use and figure out. I have never dealt with the actual vendor as any problems I've had with Yardi have been handled in office.

Likes Least

The thing I like the least about Yardi Classic and Genesis is that I can't pull up multiple reports at a time. I have to keep going back to the menu bar to select.

Recommendations

My recommendations would be for the Yardi Classic/Genesis crew to fix the menu selection option. Such as being able to choose multiple reports rather than picking just one at a time.

 
 
 
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Connesha from Mpi Real Estate

August 2017

August 2017

Excellent staff to help implement and train me on software usage.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
Pros

It is very easy to use and it cuts the preparation time of monthly financials in half. The program also allows you to update a transaction to the proper post month without having to create a new journal entry.

Cons

The limited reports that are included in the property pack and the time limit that the program allows you to be idle before it logs you out.

Source: Capterra