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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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"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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