AppFolio Case Studies Maintaining Rapid Growth with AppFolio Property Manager PLUS: A Case Study on Tzadik Management Group

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	Maintaining Rapid Growth with AppFolio Property Manager PLUS: A Case Study on Tzadik Management Group AppFolio

Maintaining Rapid Growth with AppFolio Property Manager PLUS: A Case Study on Tzadik Management Group

AppFolio

Technology Category	Analytics & Modeling - Real Time Analytics
Applicable Industries	Buildings Education
Applicable Functions	Procurement
Use Cases	Inventory Management Virtual Training
Services	Training
Challenge	Tzadik Management Group, a real estate management company with over $400 million in assets and more than 7,000 units, was facing challenges in managing its rapid growth across five states. The company's previous solution, Yardi, was not able to provide the real-time, on-the-go interaction and responsive reporting that Tzadik needed to measure results and provide daily financial statements to its customers. The company was also struggling with the process of onboarding new properties due to its constant acquisitions. The lack of a centralized support team that understood their business practices and could provide custom training and real-time support was another challenge that Tzadik was facing. Read More
About Customer	Tzadik Management Group is a real estate management company based in Miami, Florida. Established in 2007, the company manages more than $400 million in real estate with over 7,000 units. Tzadik's rapid growth has allowed it to expand to five states. The company is constantly acquiring new properties and aims to grow across multiple markets in the U.S. simultaneously. Annelise Kapish, the Financial Controller at Tzadik, oversees the company's day-to-day accounting operations. Read More
Solution	Tzadik Management Group transitioned to AppFolio Property Manager PLUS, a real estate management solution tailored to their industry. AppFolio provided real-time interaction and responsive reporting, allowing Tzadik to measure results and provide daily financial statements to its customers. The solution also allowed Tzadik to stay ahead of the curve in a technology-focused industry. AppFolio's centralized support team provided custom training and real-time support, helping Tzadik streamline its processes across the business. During the transition, AppFolio's team formatted Tzadik's data, provided a project plan and timeline, and helped digitize and import the information into AppFolio. The transition was completed within a tight deadline of two weeks, with AppFolio delivering weekly updates and check-in calls to ensure a smooth migration. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Applicable Industries

Buildings

Education

Applicable Functions

Procurement

Use Cases

Inventory Management

Virtual Training

Services

Training

Challenge

Tzadik Management Group, a real estate management company with over $400 million in assets and more than 7,000 units, was facing challenges in managing its rapid growth across five states. The company's previous solution, Yardi, was not able to provide the real-time, on-the-go interaction and responsive reporting that Tzadik needed to measure results and provide daily financial statements to its customers. The company was also struggling with the process of onboarding new properties due to its constant acquisitions. The lack of a centralized support team that understood their business practices and could provide custom training and real-time support was another challenge that Tzadik was facing.

About Customer

Tzadik Management Group is a real estate management company based in Miami, Florida. Established in 2007, the company manages more than $400 million in real estate with over 7,000 units. Tzadik's rapid growth has allowed it to expand to five states. The company is constantly acquiring new properties and aims to grow across multiple markets in the U.S. simultaneously. Annelise Kapish, the Financial Controller at Tzadik, oversees the company's day-to-day accounting operations.

Solution

Tzadik Management Group transitioned to AppFolio Property Manager PLUS, a real estate management solution tailored to their industry. AppFolio provided real-time interaction and responsive reporting, allowing Tzadik to measure results and provide daily financial statements to its customers. The solution also allowed Tzadik to stay ahead of the curve in a technology-focused industry. AppFolio's centralized support team provided custom training and real-time support, helping Tzadik streamline its processes across the business. During the transition, AppFolio's team formatted Tzadik's data, provided a project plan and timeline, and helped digitize and import the information into AppFolio. The transition was completed within a tight deadline of two weeks, with AppFolio delivering weekly updates and check-in calls to ensure a smooth migration.

Impact #1	The transition to AppFolio Property Manager PLUS has had a significant impact on Tzadik Management Group's business operations. The real-time, on-the-go interaction and responsive reporting provided by AppFolio has allowed Tzadik to stay ahead in a technology-focused industry. The company is now able to provide daily financial statements and information to its customers. The centralized support team within AppFolio has helped Tzadik streamline its processes across the business, providing custom training and real-time support. The transition process was smooth, with AppFolio's team providing a project plan, timeline, and weekly updates. The company was able to meet its deadline and go live on the decided date without any delays. The solution has also helped Tzadik in its constant process of onboarding new properties, allowing it to continue its rapid expansion across the U.S.

Impact #1

The transition to AppFolio Property Manager PLUS has had a significant impact on Tzadik Management Group's business operations. The real-time, on-the-go interaction and responsive reporting provided by AppFolio has allowed Tzadik to stay ahead in a technology-focused industry. The company is now able to provide daily financial statements and information to its customers. The centralized support team within AppFolio has helped Tzadik streamline its processes across the business, providing custom training and real-time support. The transition process was smooth, with AppFolio's team providing a project plan, timeline, and weekly updates. The company was able to meet its deadline and go live on the decided date without any delays. The solution has also helped Tzadik in its constant process of onboarding new properties, allowing it to continue its rapid expansion across the U.S.

Benefit #1	900 units added since going live with AppFolio
Benefit #2	Transition to AppFolio completed within a tight deadline of two weeks
Benefit #3	Managed to digitize and import a portfolio of 750 units that were previously tracked on paper within the transition period

Benefit #1

900 units added since going live with AppFolio

Benefit #2

Transition to AppFolio completed within a tight deadline of two weeks

Benefit #3

Managed to digitize and import a portfolio of 750 units that were previously tracked on paper within the transition period

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Overview

Maintaining Rapid Growth with AppFolio Property Manager PLUS: A Case Study on Tzadik Management Group

Operational Impact

Quantitative Benefit