Scayled vs Yardi: where does each fit in a fund's stack?
Yardi and Scayled sit in different parts of a fund's stack. Yardi Voyager is a system of record: a single database for property management, leases, accounting, recoveries and, with Yardi's investment management suite, investor reporting. Scayled acts on a specific vacancy: for a unit that is empty or coming back, it finds 250 to 350 businesses the building suits, the person who signs at each, and drafts an approach per business, for a fixed US$749 per vacancy. Yardi tells the fund a lease is ending; Scayled helps find who takes the space next.
- What does Yardi do?
- What does Scayled do?
- Is Scayled an alternative to Yardi?
- How do Yardi and Scayled fit together?
- When should a fund use each?
- What does each cost?
What does Yardi do?
Yardi Voyager Commercial manages the full operating lifecycle of commercial property in one database: leases and critical dates, billing, recoveries, arrears, accounting and reporting, across office, retail, industrial and other property types. Yardi's investment management suite adds investor engagement, fund reporting and debt tracking, and Yardi Matrix provides market research data.
Yardi Breeze is the lighter product for smaller portfolios, with an upgrade path to Voyager as a portfolio grows. Voyager is priced on quote.
What does Scayled do?
Scayled produces new prospects for a specific vacancy. It reads a short brief on the unit, builds a list of 250 to 350 suitable businesses close to the asset and further afield, and delivers a verified decision-maker and a tailored email for every one. It complements the appointed agent rather than competing with them.
It covers industrial and logistics property. It does not hold leases, run accounts, monitor tenants or forecast vacancy.
Is Scayled an alternative to Yardi?
No. Yardi is the system of record for what is contracted and what has been paid. Scayled is an action taken on one unit when the contract is ending or has ended, to reach the businesses that could take the space next.
A fund needs both jobs done. Yardi will record the new lease once it is signed but cannot find the business to sign it, while Scayled keeps no ledger, collects no rent and produces no investor reports.
How do Yardi and Scayled fit together?
Yardi's critical dates and lease expiry reports show which units are coming back and when. Those are the units a fund runs Scayled campaigns on, either once vacant or ahead of the expiry while the outgoing tenant is still paying.
When a business takes the space, its lease goes into Yardi like any other. The businesses approached, with their contacts and emails, stay in the fund's Scayled account with no subscription needed, so the next campaign in that market builds on them.
When should a fund use each?
Use Yardi to run the portfolio day to day: lease administration, rent collection, recoveries, accounts and investor reporting.
Use Scayled when a unit is vacant or likely to come back and the fund wants a direct approach to the businesses the building suits, alongside the agent and the listing.
What does each cost?
Yardi Voyager and the investment management suite are priced on quote for the size and scope of the portfolio.
Scayled is bought per vacancy, not per seat: The Campaign is US$749 for the Full list or from US$449 for Focused, paid once and with no commission on the lease that follows. The emails arrive in the fund's own drafts, written as the owner. That suits a fund that leases its industrial units in house as well as one with an agent appointed.
Lease The Vacancy In-House, Before You Appoint An Agent.
The Campaign finds the 250 to 350 businesses the building suits, names the person who decides at each and writes every email, ready in about five days. One payment of US$749 per property, no commission and no subscription. A focused 100 to 150 from US$449.