A 14,000-unit multifamily REIT put every vendor COI behind a payment hold across two property systems
A national multifamily REIT with 14,000 units uses Pikorua Security with Yardi Voyager and Entrata to verify 1,140 vendor COIs and hold payment on deficient vendors.
- vendor packets verified in the first three weeks
- 1,140
- vendors with an open deficiency, go-live to day 90
- 31% to 4%
- average resolution with vendor insurance agents
- 4.2 days