News
- Lynx Systems Attends Realcomm Las Vegas 2010
- Pull together information from many different data bases and applications
- Select existing portal functions or develop unique portal solutions for specific needs
- Run your business your way!
- Know your business, trends, variances
- Gather, store, access and analyze corporate data to aid in decision-making
- Adapt, cut costs and capitalize on the opportunities and best scenarios
- Fully integrate budgeting, reporting, planning, scenario management, dashboards, and in-depth analysis capabilities
- Provide a forward looking view of company performance to stakeholders across the organization in a single extensible platform
- Lynx Systems Partners with PROPHIX Software to Provide Performance Management for Real Estate Finance Professionals - Press Release, June, 2010
- Lynx Systems Introduces the Dream Team for Yardi Software and Intuit MRI Users -Press Release, March 9th, 2010
- Lynx Member of Yardi Independent Consultant Network - July 17, 2009
- IFRS is coming! Is your computer system ready? For Intuit MRI and Yardi Systems Users- Press Release, July 2, 2009
- Lynx Systems Announces EasyMerge For Intuit MRI, Intuit Real Estate Solutions Commercial & Residential - Press Release, May, 28th, 2009
- Lynx Welcomes Lori Spale and Alex Tschudy, Intuit MRI Specialist - Press Release, May 1st, 2009
- New Lynx Services Enhance Intuit MRI and Yardi Software - Press Release, Feb. 2009
- Don't Get Trapped by Your Software! A look at the true cost of a software system, July, 2007
- What is the system going to cost you next year, and over the next 5 to 10 years?
- Does the system really do what the vendor claims it will do?
- Were you given empty promises by your current vendor?
- To get the system up and running will you have to pay large and unexpected programming costs?
- Have you spoken to references to know what happened to them once they purchased?
- In the future, will you be forced to pay expensive upgrades or lose support?
- Will your own organization be able to make modifications in the future?
- Do present users find the software flexible and can they modify their system?
- What is the opportunity cost if the system doesn't work the way you want it to?
Let Lynx Show you The RIO!!
Lynx Systems Inc. will be available to meet with you at the upcoming Realcomm Conference at Booth # 203.
In addition, we bring “industry best practices” together with experience to help our clients leverage new technologies including:
Integrated Portal Solutions
Business Intelligence & Sharepoint Solutions
Corporate Performance Management
I, with other Lynx Professionals, will be in Vegas to meet you. We all have years of hands-on experience with property management software and an in-depth understanding of the real estate industry. Our true value comes from our understanding of your business and the market dynamics behind it, combined with the best strategies and solutions that are available in the industry to maximize your business potential. Our consultants can make the right things happen for your company.
Please let me know how we can help you? If you want to contact me now please call 1-866-517-1088 Ext. 263 or email me.
Sincerely,
Don C. Robinson
President
416 622-5969 Ext 263
Lynx Systems Partners with PROPHIX Software to Provide Performance Management for Real Estate Finance Professionals
PROPHIX Software, a leading provider of Corporate Performance Management (CPM) today announced its partnership with Lynx Systems Inc. The partnership enables Lynx Systems to market and sell PROPHIX CPM solutions to the real estate industry.
Toronto, ON (PRWEB)June 2, 2010 -- PROPHIX Software, a leading provider of Corporate Performance Management (CPM) today announced its partnership with Lynx Systems Inc. The partnership enables Lynx Systems to market and sell PROPHIX CPM solutions to the real estate industry.
Lynx Systems Inc. is a Consulting and IT solutions organization with offices in the United States and Canada. Lynx Systems specializes in helping real estate companies throughout North America use automation to manage their real estate portfolios more effectively and profitably.
"Increasingly, our clients are attempting to do more and achieve better results with fewer resources,” says Lynx Systems President, Don Robinson. “PROPHIX’s proven CPM solution will allow us to provide even greater value to our clients and help them further optimize business processes.”
Don continues, “Although most real estate companies have a property management accounting system, too many are spending an inordinate amount of time on analyzing data, often relying heavily on external spread sheets - an approach that can result in errors and a lack of proper security. In addition, creating reports directly from these systems generally requires IT resources, and report changes are often cumbersome. PROPHIX addresses both of these issues and provides the finance department with flexible, efficient reporting. This saves our clients time and money.”
Customers utilize PROPHIX to align strategic objectives with tactical plans, and for daily monitoring, as well as financial, and variance reporting. This unified PROPHIX solution fully integrates budgeting, reporting, planning, scenario management, dashboards, and in-depth analysis capabilities, providing a forward looking view of company performance to stakeholders across the organization in a single extensible platform.
“PROPHIX is extremely pleased to be working with Lynx Systems, a specialist in the property management field,” says Cheryl Power, Director of Channel Partners at PROPHIX. “We are excited to be able to help Lynx bring PROPHIX Solutions to their INTUIT MRI and Yardi customers and prospects among others.”
About PROPHIX Software
PROPHIX Software is a leading developer of solutions designed to automate financial processes including planning, reporting, analysis, and performance management for the mid-market. Thousands of finance leaders around the world use PROPHIX to empower their organizations and gain greater insight into business performance. PROPHIX and its partners deliver the best value by combining high-end functionality, low total cost of ownership, and the fastest implementations in their class. For more information, visit http://www.prophix.com.
About Lynx Systems
Established in 1998, Lynx Systems Inc. is a consulting firm specializing in helping real estate companies select and implement the best IT Solutions. The senior consultants at Lynx have assisted hundreds of companies in selecting, implementing and optimizing the effectiveness of their financial reporting and property management software. Their true value comes from their in depth understanding of the client’s business, the market dynamics behind it, the best strategies that have been used in the industry and state of the art technology solutions that can maximize business potential. For more information, visit http://www.lynxsystemsinc.com.
Lynx Systems Introduces the Dream Team for Yardi Software and Intuit MRI Users
The Lynx Dream Team includes experienced professionals who can meet property management software and IT support needs. The Dream Team will allow clients the flexibility to use our professionals at intervals that suit their requirements and budget.
The options available include 1 day, 1 week or 2 weeks each month, or whatever schedule suits specific needs. For the client, the search time and risk associated with finding staff is completely eliminated. The Dream Team is able to provide everything from training and report writing, to long term strategy. Our experienced Team is ready to help solve software issues.
A few of the many examples where the Lynx Dream Team can help:
CIO Professionals
We have the management expertise to ensure that your IT resources are optimized; allowing you to concentrate on what you do best, which is to run your business. Our professionals will work with you to define your long-range business objectives required to meet the operational, accounting and reporting needs of your company. Our team of senior project managers, application specialists and LAN technicians has years of experience implementing, enhancing, and supporting technology systems within the real estate industry and are ready to do it for you.
Custom Software & Report Developers
Our Team has developed a special knack for developing customizations, new reports and additional databases to supplement the core financial systems. In some cases, we recommend interfaces to 3rd party products to ensure the required functionality. Our experts will get your software working the way you want it to!
Trainers
Our Dream Team can train your staff on all aspects of the processes, technology, systems and software – in the comfort of your own office. Getting the most out of your systems requires that your staff fully understands the technology. Training on an ongoing, well timed basis is the key to more productivity, and fewer errors.
System and Process Reviewers
We have professionals who will analyze your core system, and processes. They will make recommendations for training, customizations or procedural adjustments. We can then provide staffing to get your system running at its best.
About Lynx Systems:
Lynx Systems Inc. is a technology consulting firm for the real estate industry, providing the link between users and software providers. Lynx offers premium selection services, implementations, customizations, and support; and delivers cost effective solutions to optimize business processes.
For more information visit www.lynxsystemsinc.com
Lynx Member of Yardi Independent Consultant Network
Lynx Systems announces membership in the Yardi Independent Consultant Network which is listed on Yardi’s Website.
Yardi Systems is a leading provider of investment management and property management software solutions for the real estate industry. Lynx Systems is now a member of Yardi’s Independent Consultants program providing consulting assistance to Yardi users in Canada and the US.
Lynx Systems Inc. is a Canadian-based Consulting and IT solutions organization that specializes in helping real estate companies in both Canada and the United States to use automation to manage their real estate portfolios more effectively. The Lynx professionals have a diverse background in the real estate area, and have dealt with a variety of software products. Lynx will continue to expand its offerings and will work directly with Yardi Systems to provide services designed to complement existing Yardi support programs. There are many areas where Lynx adds value for the Yardi user, both before a major system upgrade, during the implementation of a new system, and after the client has successfully installed the system. A few of the many Lynx service offerings include: IT Strategy Development, Project Management and Implementation Support, Custom Software Development, new Report Design, System Integration, Data Conversion and Data Validation services, System Assessments, Business Process Reviews and Workflow Improvement, Implementation of Business Intelligence and Document Management Systems, Development of Web Portals and more.
About Lynx Systems Inc.
Lynx Systems Inc. is a consulting firm specializing in helping real estate companies select and implement the best IT Solutions. Since 1982, the senior consultants at Lynx have assisted hundreds of companies in selecting, implementing and optimizing the effectiveness of their financial reporting and property management software systems.
The Lynx Systems consulting team has had years of hands-on experience with property management software and have a true "nuts and bolts" knowledge of the software available and the industry at large. Their true value, however, comes from their in depth understanding of the client’s business, the market dynamics behind it, the best strategies that have been used in the industry and state of the art technology solutions that can maximize business potential. The consultants at Lynx Systems can make things happen, quickly and efficiently, while removing the stress and risk for the client. www.lynxsystemsinc.com
About Yardi Systems, Inc.
Yardi Systems is a leader in the design, development, and support of software solutions for the real estate industry. Established in 1984 as a modest start-up, Yardi Systems, Inc. has grown dramatically over the last two decades to become the leading provider of high-performance software solutions for the real estate industry. Today, Yardi Systems employs over 1,200 dedicated professionals working in offices throughout North America, Europe, Asia, and Australia.www.yardi.com
Sincerely,
Don C. Robinson
President
416 622-5969 Ext 263
IFRS is coming! Is your computer system ready? For Intuit MRI and Yardi Systems Users
International Financial Reporting Standards (IFRS) is being adopted in Canada starting in 2011. Companies will need to provide comparable financial statements for the prior year, 2010, which means we need to start planning now.
IFRS Requires Many Changes to Software including:
Changes to accounting processes, but more importantly, changes to the set up of computer systems;
Changes to the corporate chart of accounts, the financial statement formats and many of the other accounting reports and supporting schedules that are produced regularly;
Set-up of alternate ledgers for every property, additional monthly journal entries and additional databases of supporting information;
Additional reconciliations between the current financial statements and the new IFRS statements to provide answers to auditors, analysts and management;
Customization to the software applications or at the very least, new financial reports to support the new standards;
A Little Time - A Lot of Work – Lynx Systems Can Help
Regardless of which system you use - Yardi, Intuit MRI, Spectra, J. D. Edwards, CTI or other - most companies will need help. Lynx Systems is experienced in the major systems and can assist you in this critical conversion. We have the expertise to make the changes to the reporting systems and the reports. We can help on the set-up and in some cases customize the systems to support the required changes. We need to work closely with your auditors and accountants to make the changes that they mandate.
Do understand what you need to do to prepare? A quick review of the financials of a major corporation will give you some idea of the scope of the changes necessary. Please note the two sets of financials and how dramatically different they are. Click here to see a live example.
Please call us to learn more about this critical issue. Remember, every real estate development and management company in Canada will need to address this issue over the next twelve months, and there is a limited supply of resources to help.
We look forward to assisting you in this endeavor.
Sincerely,
Don C. Robinson
President
416 622-5969 Ext 263
New Lynx Systems Services Enhance Intuit MRI and Yardi Software
Lynx Systems is pleased to announce the official launch of EasyMerge with its "click-retrieve" simplicity. It connects the Microsoft Word Mail Merge process with Intuit MRI (Intuit Real Estate Solutions), ideal for producing blocks of text such as leases, letters, customer invoices and statements, and labels from check runs.
More About EasyMerge
EasyMerge has been developed on the Microsoft .Net platform and is fully integrated to the Intuit MRI system. It is ideal for both the commercial and residential user and would be of interest to those currently using Web and Windows.
The main purpose of the application is to increase the reporting power of Intuit MRI and to save the user both time and money in report customizations and development of standard text requiring large blocks of text. A sample of the many uses includes the customization of forms, letters, leases, invoices with logos, customer statements, collection letters, multi-lingual documents.
An early adopter comments on the advantages of EasyMerge:
"We are very happy with the success we've had [with EasyMerge] not only from the time savings aspect in completing these forms 'on-line', but the cost savings of not having these documents sent out for printing. The autonomy and flexibility of making these changes in house is a huge benefit."
Rae Makarowski
Operations Manager
Midwest Property Management
How EasyMerge Works
It connects the Microsoft Word Mail Merge process with Intuit MRI.
It utilizes core Intuit MRI Functionality providing access to the Intuit MRI database, MRI programs, functionality and Advanced User Console.It employs the same high level of security features used in Intuit MRI to protect valuable data. It includes an automatic update of tenant records and attaches the new Word document to Property, Lease, Resident, etc.
It takes advantage of the MS Word Functionality providing increased report formatting ability and the ability to save exact copies of reports and forms sent out. In addition, it includes fully customizable Word document security features which protect reports from accidental editing after they’re run, and prevents changes to documents after merging.
About Lynx Systems
The team at Lynx Systems is pleased to advise its many clients in Canada, the United States and Bermuda that we continue to expand our extensive range of consulting and support services for the Intuit MRI user. Our company is a specialist in supporting the Intuit MRI software and for more than eight years, was either an implementation partner or a distributor for the MRI system. In fact, the consultants at Lynx have been supporting the MRI system since 1994, and we continue to offer to the MRI user a full range of consulting services including system selection, hotline support, toolkit customization, report development, technical support, application training, data conversion, process enhancement, project management, system assessment, implementation support and out-sourced IT management.
As a firm of professional accountants, software specialists and business professionals, and, in our role as an independent consultant, we are able to provide our clients with unbiased advice about their software requirements - whether that means upgrading to a new version, tweaking the old system or looking at other software providers. In addition, we can identify various alternatives available for consideration including both short and long term options, as well as give feedback on the general costs, and pros and cons of the various alternatives.
Sincerely,
Don C. Robinson
President
416 622-5969 Ext 263
Lynx Welcomes Lori Spale and Alex Tschudy, Intuit MRI Specialist
Lynx Systems is pleased to announce that we have added two senior Intuit MRI specialists to the Lynx team. Lori Spale and Alex Tschudy are very talented, knowledgeable, professional and personable and a valuable addition to our Professional Services Group. They will be working with clients and will be assisting in the launch of our EasyMerge, Central Address Book, and Corporate Information Treasure, products designed to increase the users’ accessibility to vital information and documentation.
New People
Lori Spale and Alexander Tschudy come highly recommended by clients and co-workers and we know that our clients will enjoy working with them. Lori Spale joins us after nine years with MRI and Intuit as an implementer and “gold level” hotline support representative specializing in the Commercial applications of MRI.
Another key addition to our team is Alexandra Tschudy. Alex has worked with the Intuit MRI product for over eight years.For the past several years, she was a Client Manager for Intuit Real Estate Solutions and has worked with over 250 MRI clients to address their concerns on system, implementation and support issues.
New Products
Although Alex and Lori will be working with our current clients, they will also be assisting us to launch several new Lynx products that will complement any existing Intuit MRI or Yardi System. We have developed three new products:
EasyMerge - "click-retrieve" - connects the Microsoft Word Mail Merge process with Intuit MRI, ideal for blocks of text such as leases and letters.
Central Address Book - provides easy access to your portfolio and contacts; tracks relationships, activities, & documents; interfaces to MRI modules, & Microsoft Outlook calendar, e-mail, & tasks.
Corporate Information Treasure – stores & interrelates the many types of corporate information that must be maintained such as: treasury, legal, controllership, finance, accounting and insurance. Allows you to create schemas to store all your information.
These applications have been developed on the Microsoft .Net platform and are fully integrated to the Intuit MRI system. These products are designed to improve productivity and minimize some of the disruption and cost of upgrading to the .Net version of the MRI system. Please contact us to learn more.www.lynxsystemsinc.com
More Services
The team at Lynx Systems is pleased to advise its many clients in Canada, the United States and Bermuda that we are expanding our extensive range of consulting and support services for the Intuit MRI user. Our company is a specialist in supporting the Intuit MRI software and for more than eight years, was either an implementation partner or a distributor for the MRI system. In fact, the consultants at Lynx have been supporting the MRI system since 1994, and we continue to offer to the MRI user a full range of consulting services including system selection, hotline support, toolkit customization, report development, technical support, application training, data conversion, process enhancement, project management, system assessment, implementation support and out-sourced IT management.
As a firm of professional accountants, software specialists and business professionals, and, in our role as an independent consultant, we are able to provide our clients with unbiased advice about their software requirements - whether that means upgrading to a new version, tweaking the old system or looking at other software providers. In addition, we can identify various alternatives available for consideration including both short and long term options, as well as give feedback on the general costs, and pros and cons of the various alternatives.
Sincerely,
Don C. Robinson
President
416 622-5969 Ext 263
New Lynx Systems Services Enhance Intuit MRI and Yardi Software
Lynx Systems Inc. introduces two new services for users of Intuit MRI, Yardi Systems and other property management software. The Four Day System Assessment gets the most from your property management software and the Ten Day Process Review ensures management has access to strategic information.
Four Day System Assessment: The Best From Your Software
This assessment focuses on your current asset and property management systems: the major transactional processes that the company relies upon every day. Our senior consultants perform an in-depth evaluation on how effectively your company and staff are using the existing accounting system. Our findings will provide you with various alternatives for improvement, including incremental and cost effective steps towards your optimal solution.
Learn more
Ten Day Process Review: The Right Information, The Right Decisions
This review is a detailed analysis of your organization's major business processes and operations outside of the "core" accounting systems. Typically, hundreds of processes within a real estate development company are not supported by the standard accounting systems and not easily accessible to senior management. A true Knowledge Management System, accessing the information from all of these processes, is key to making the right decisions to achieve your strategic goals, especially in these difficult times.
Learn More
Lynx Systems in 2009
As we move into 2009, we look back with appreciation for the support of our many loyal clients and the opportunities that are being presented to us. Last year was a time of change and development for Lynx and we are excited and proud of our renewed focus on service and expansion of offerings.
Since 1997, Lynx Systems has been providing a full range of support services to the real estate industry including hotline support, customization, report development, technical support, training, data conversion, and implementation support. Our professionals are familiar with all major financial accounting systems including Intuit MRI, Yardi, J.D. Edwards, Newstar, Spectra and CTI Systems.
We are particularly proud of our new service offerings, described above, designed to help clients to improve efficiencies, and make the most cost-effective decisions in these difficult economic times.
For more information visit www.lynxsystemsinc.com
Most organizations feel hopelessly trapped by their enterprise resource planning (ERP) systems, afraid to make even minor changes themselves, and resenting the expensive fees they are required to pay in order to make system changes or upgrades. Such are the findings of an international survey on ERP User Dissatisfaction, conducted by Agresso's Technology Evaluation Centers (TEC). In fact, as Ray Wang, a principal analyst in enterprise applications with Forrester Research, points out "upgrades can be twice the price of the original software, so where's the value in that?"1 He adds, "People are looking for flexibility and extensibility." According to Judith Rothrock, Chief Marketing Officer of Agresso, "Post-implementation agility is very hot right now...The global economy is changing so fast that....systems have to be able to move with change instead of being so rigid and forced."
Today, it makes good business sense to evaluate the true long-term cost of a system prior to making the original purchase decision and to understand the flexibility that the system offers, both for today's requirements and for the needs of the future. "Initial pricing may seem acceptable, but what are the hidden future costs of upgrades, new versions of the software or modifications to the software. We want to make sure our clients don't find themselves in this kind of trap," says Don Robinson, President of Lynx Systems Inc. "At Lynx, we're committed to providing maximum flexibility, transparent cost ... and ... a system that will allow our clients to make the modifications needed to meet their ever changing business requirements."
To help buyers of property management systems make an informed decision before investing in a software solution that may inhibit their strategic flexibility, Lynx Systems Inc. has prepared an Assessment Guide. The Guide provides questions for the user to consider in evaluating the flexibility and true cost of a software solution.
Below are some questions to ask before committing to a new system:
1 "ERP and it prisoners" 4/5/2007, Briony Smith, ITbusiness.ca
Above all, keep in mind that the initial price offered is not necessarily the only consideration when evaluating price. Choosing the wrong product that lacks flexibility and the ability to move with your strategic needs has enormous hidden costs.
Sincerely,
Don C. Robinson
President
416 622-5969 Ext 263