CLA Selects Yardi Platform for Fund Investment Management
Minneapolis — March 29, 2016 — Professional services firm CliftonLarsonAllen (CLA) will provide real estate fund administration services for its private equity real estate clients using Yardi Investment Management™.
“Yardi Investment Management will replace general ledger and spreadsheet systems we used for our investment accounting. This new single-platform solution eliminates repetitive data entry, and it allows faster generation of investor statements and fund financial and performance reports to more clients,” said Marc Mallory, principal with CLA.
“CliftonLarsonAllen now has an investment management financial system with comprehensive business intelligence and reporting that will drive informed decision-making and maximize portfolio value for their clients,” said Terri Dowen, senior vice president of sales for Yardi®. “Its ability to automate investor reporting directly from the accounting data will ensure reliability and increase investor confidence.”
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of residential and commercial real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide. For more information, visit www.yardi.com.
CLA exists to create opportunities for our clients, our people, and our communities through industry-focused wealth advisory, outsourcing, audit, tax, and consulting services. With 7,400 people, more than 120 U.S. locations, and a global affiliation, we promise to know you and help you. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.