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Customer Testimonials |
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| "TIAA-CREF implemented Kardin
to streamline the process of budget standardization,
portfolio consolidation and data upload into our Yardi
accounting system. Prior to Kardin, we faced the difficult
challenges associated with consolidating data from multiple
JV partners using their own chart of accounts and property
management providers using widely varying accounting
systems. During the 2008 budget process, Kardin went the
extra mile by working directly with one of our largest JV
partners to download data for ~100 properties from JD
Edwards into our standard accounting format. Kardin’s
industry leading features and outstanding support resulted
in a huge time savings for our asset management team." |
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Nick DiLeone
Manager – Financial Operations
TIAA-CREF Asset Management Services |
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| "CB Richard Ellis is utilizing
Kardin to help standardize their year-end recoveries calculation
process. We recognized that Kardin could be taken to this next
step using the reforecast model to incorporate a full years
expenses and billings into the leasing setup already completed
in Kardin. This process both saves CB Richard Ellis an enormous
amount of time and gives us confidence in the underlying calculations.
CB is now utilizing Kardin as both it's standard budgeting and
reconciliation software where client requirements allow us." |
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Tony Brandel, Accounting Project
Analyst
Asset Services
CB Richard Ellis |
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"Invesco Real Estate distinguishes itself
from other real estate advisory firms by employing asset
managers who have hands-on real estate management experience
and by utilizing third-party property managers with local
expertise. Our managers have embraced KARDIN as its
budgeting, reforecasting, and consolidation tool because
they find it to be comprehensive and easy to use while
providing the tools necessary to proactively manage assets
during their life cycle. We have found the KARDIN team
has been very responsive to the ever-changing real estate
industry and to our specific needs. As a result, we
have enjoyed a long and successful strategic partnership."
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Cain Kirk, Director Asset
Management
INVESCO Real Estate |
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"The Kardin Commercial Budget
module is the new recommended budgeting software for all Jones
Lang LaSalle-managed properties. Kardin is a proven, field-tested
budgeting system developed by a real estate asset manager."
"Kardin delivers a structured approach to budgeting that has
been tested and proven in various commercial real estate environments.
The property specific chart of accounts and lease data can be
uploaded from JDE and MRI. Its intuitive user interface allows
for easy entry and capturing of budget information. Once final
budget numbers are calculated, it can be uploaded to a number
of popular property accounting applications, including JD Edwards
and MRI." |
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Vision Newsletter
Jones Lang LaSalle |
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| "CB Richard Ellis Investors mandated
the use of Kardin Budget Systems for our third party property
managers for year 2000 budget development. As a result, our
production process was significantly improved."
"Initially, the Kardin staff provided unparalleled
assistance and crucial up-front expertise in planning, rollout,
training and implementation. They continue to provide prompt,
efficient and courteous support. Increased efficiencies
in our production process are the result of Kardin features
that shape its power and make it such a potent tool. Some of
those attributes include:
- links to accounting and valuation programs
that allow the export/import of tenant and historical operating
data thereby eliminating manual data entry
- an intuitive budget development process
that is easy to learn and easy to use
- automated expense recovery calculations
that allow for immediate update following edits/changes
- clean, uncluttered report formats
"Kardin is a stable, versatile product that
has streamlined our production process and enhanced the quality
of content and presentation. And the thing I love the
most… Property managers cannot over-write macros, change page
setups or print formats or otherwise manipulate the end product
to produce what they think you really want to see."
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Mary Beall, Director of Operations
CB Richard Ellis Investors |
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"I used Kardin when I worked
for Jones Lang LaSalle and it became the best budgeting tool
for the three properties under my responsibility."
"When I joined MDM Group, they used an excel spreadsheet budget
format. I had to make my life easier in creating the budget
of a brand new property 523,000 RSF AND OVER 15,000 RSF of retail
space. So I convinced the company controller in buying the Kardin
Software. Today, all of our retail and commercial properties
are done in Kardin. The owners are very happy with the budget
and report presentation. I have been praised for introducing
Kardin to them."
"I teach at Miami-Dade Community College a course in Management
and Leasing. During the budget chapter, I bring my laptop to
class and show the students what the budget looks (like) through
Kardin, the neatness of the process and the time saved using
all the modules." |
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Arturo Fernandez, Property Manager
MDM Group |
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| "The Kardin Budget package is
terrific! Once I understood the ins and outs it is really easy
to work with and [it] is a great time saver by not having to
create the different schedules individually. It is especially
easy when the owner requested several changes for the second
draft. Simply make a change on the rent roll, or the expense
side and it flows to all the other schedules. The format and
layout of all the schedules makes them easy to read and get
information quickly. I love this package. Thanks again for your
help." |
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Danny Horan, Property Manger
Transwestern Property Company |
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"I am the property accountant
for a 750,000 square foot regional shopping center with 3 major
department stores, 84 inline retailers and 18 outparcels. I
have been working with Kardin since January 2000. I was chosen
as a test property and have watched and participated in the
evolution of the software from a commercial properties tool
to a very effective budget tool for the retail environment.
Kardin has been very cooperative in enhancing and specializing
the supporting documents for the budget system; specifically
the percentage rent and CAM expense pool modules."
"I would attribute a 15-20% time-savings in the preparation
of the 2001 budget to Kardin. I anticipate an even greater saving
of time in future years." |
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Deborah Cole, Property Accountant
Jones Lang LaSalle |
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| "I just wanted you to know how
great your Batch Maker Utility is and I'm so glad that our trainer
told me about it. I was able to load all of our tenants, units,
etc. in minutes instead of making about 250 separate files and
importing them each!" |
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Leslie Gregory , Controller
Alter Asset Management |
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| "Kardin was the best thing that
came along in order for us build our cumbersome 2003 budget.
The previous year we used Excel to manually budget with, and
we had to create all the formulas to order link 85 separate
buildings into one consolidated report. It took us over two
months to get that budget completed, and it created a lot of
stress and overtime. I had heard about Kardin from other colleagues
within Jones Lang LaSalle, and decided to use the trial period
offered on their website. I was impressed how the team at Kardin
jumped right in to help build the Leasing module and Chart of
Accounts. They worked on getting our details downloaded from
JDE (another big plus is that it interfaces with that system),
and they even added with short notice some features to better
meet our needs for Multi-building Facility Management. This
was all done during the trial period, with no commitment on
our part that we were going to purchase it. (The fact that Kardin
is very user friendly was a big plus for my staff). After making
a presentation to our Client, they were also impressed and we
did purchase Kardin, never looking back from that point on.
We were able to complete our budget in half the time it took
the previous year, and the reports that it prints out are very
professional and easy to read. Our client has been thrilled
with Kardin, and on behalf of all of my team members, we fully
recommend Kardin for Facility Management budgeting." |
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Marilee Jeter, Finance and Operations
Manager
Corporate Property Services
Jones Lang LaSalle Americas, Inc. |
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