Yardi Corom continues to expand its capabilities, empowering occupiers to efficiently manage leases, financial processes, and critical operational workflows. In this latest update, users will benefit from enhanced navigation, streamlined lease management functions, and advanced finance tools that simplify day-to-day tasks. By introducing features such as personalized dashboard menus, simplified charge schedules, and robust cost allocation and prepayment options, Corom helps you achieve greater accuracy, convenience, and control across your portfolio management activities.

Dashboard Improvements

Add favorites to My Menu collection to enable switching between roles and databases 

To facilitate quick access to frequently used Corom menu items, you can now add shortcuts to the new My Menus library of favorites on the main navigation bar. Favorites are grouped by your roles and databases so you can easily switch between them, search, and flag items within your collection.

Dashboard

Lease Charge Schedule Improvements

Simplified save function for charge schedules

Previously, there was a Save button on the New [Type] Option charge schedule setup screen as well as a Save Charge button on the same screen. A simplified save function allows you to add the option, close the window, and use the Save Charge button on the Add Charges screen to save both the new option and charge schedule.

Spaces > Leases > Lease > Amendment > Charge Schedules

Finance Updates

Cost allocation now available at the lease level to manage multiple payables

Cost allocation functionality is now available at the lease level to enable enhanced flexibility within the AP journal entry process. After selecting GL segments on the Admin > Setup > Cost Allocation Setup screen, you can enter data on a charge schedule and use the lease-level Cost Allocation screen to manage all payables created against the same lease.

Finance > Cost Allocation > Cost Allocation

 

Use new Payables Prepay module to post prepaid rent as expense for next month   

Using the new Payables Prepay module, occupiers can now account for rent payments made for next month as prepaid in this month, and then mark associated journal entries as expenses next month. Charge codes, GL accounts, and debit expense accounts are mapped in Admin settings to facilitate prepay posting and creating a JE batch against the payable to the prior month.

Finance > Payables > Prepay

 

Filter for subleases when performing retail calculations for overage payables

On the Retail Calculation screen, you can use the new Calculation For and Head Lease filters to filter for subleases when performing retail calculations on overage payables.

Finance > Retail calculations

 

Enhanced process status messages for retail calculations

On the Retail Calculation screen, after clicking Calculate or Create Batch, users now see a status message stating the process has started. Then a message appears either confirming that the process is complete, or an error message appears to caution the user that leases are missing data and need to be corrected before the process can be completed.

Finance > Retail calculations

 

Reporting Enhancements

Filter for prior month JE’s for amortization and depreciation

On the Lessee Accounting GL-Tie Out and the JE Detail reports, the Classification Type filter is now optional, thus allowing you to include both finance and operating leases on the same report.

Reports > Lessee Accounting

 

These feature enhancements underline Corom’s ongoing commitment to providing powerful yet intuitive solutions for corporate occupiers. Each new capability—from refined financial reporting and filtering options to user-friendly status messages—ensures smoother processes, quicker insights, and increased confidence in your data. As Corom continues to evolve, expect even greater agility and performance in your lease management workflows.