Users of ARGUS Enterprise, Altus Group’s asset and investment management platform, and Yardi Voyager will be able to share data between the two platforms following the launch of the ARGUS Connector for Yardi Voyager.
Enabling ‘out-of-the-box’ integration between the two platforms, the product allows them to share data through an API, automating the flow of basic lease and property data from Yardi Voyager to cloud-enabled ARGUS Enterprise.
The tie-up means users can bypass up-front API integration development work and use the two platforms together by default.
With a growing number of diverse proptech solutions available to the industry, the collaboration between Altus and Yardi is an attempt to reduce the complexity of workflows through greater integration between platforms.
The intention is to eliminate manual data entry and the need for custom processes to work with incompatible platforms, thereby reducing data errors and increasing the speed of data updates.
Jim Hannon, president of Altus Analytics at Altus Group, said: “We’re pleased to be collaborating with Yardi on the ARGUS Connector for Yardi Voyager to further provide clients with the visibility they require to maximise performance.
“Integration between ARGUS Enterprise and Yardi Voyager delivers a seamless flow of data into AE to provide clients with an enhanced view across their portfolios, from leasing activities to scenario planning and forecasting, reducing complexity and enabling clients to gain greater insights from their data.”
Integration with other providers has been on the agenda for Altus in recent years, and the provider launched the Altus API at the end of 2019 to integrate with other platforms.
At the time, it cited an “urgent need” to respond to the growth of discrete “islands” of data in the industry that did not speak to each other and, instead, created more complexity.
Hans Pedersen, senior director at Yardi, said: “We are excited to provide our clients with out-of-the-box connectivity between Yardi Voyager and cloud-enabled ARGUS Enterprise. Working closely with Altus Group, we have simplified integration between the two platforms, making it easier for clients to gain efficiency and combine data from both systems.
“The ultimate goal is to provide seamless, bi-directional flow of valuation data between ARGUS Enterprise and Yardi Voyager.”