AppFolio Announces Two New Offerings for Property Management Customers
September 19 2016 - 9:00AM
AppFolio, Inc. (NASDAQ:APPF), a leading provider of cloud-based
business software solutions in the property management and legal
markets, today announced the upcoming launch of two brand-new
offerings from AppFolio Property Manager (APM), its software
solution for property management professionals. These include
Collections, a new Value+ Service offering, and the integration
with Rainmaker LRO.
These announcements came during AppFolio’s fourth annual
Customer Conference in Santa Barbara, California, where property
management professionals from around the United States take part in
industry education, networking, and hands-on sessions with AppFolio
Property Manager experts.
Users will benefit from the new offerings, including
Collections, which allows AppFolio customers to quickly and easily
turn over past tenants to a collections agency, report tenants to
credit bureaus, and help them increase their revenue by recovering
money that otherwise might go uncollected—all from within the
AppFolio Property Manager software.
“Recovering past tenant debt is time consuming and not very
cost-effective,” says Nat Kunes, AppFolio’s VP of Product
Management. “Money is sitting out there waiting to be collected,
but our customers need to be spending time marketing and leasing
their properties. To address this, we’ve partnered with national
collections agency Hunter Warfield, and our customers can now send
a past tenant directly to this collections agency in a few simple
steps and recover lost rent.”
The second service announced at the conference, an integration
with Rainmaker LRO, also presents customers the opportunity to
boost revenue. It will allow property managers to competitively
price their vacancies based on recommendations provided directly
from Rainmaker LRO.
“Our customers told us one of the biggest challenges they had
was ensuring they were pricing their units to maximize rent
growth,” notes Kunes. “Offering an integration with Rainmaker LRO
will arm our customers with all the data they need to make informed
decisions about which lease options will give them and their owners
the most return.”
The announcement of these services speaks to AppFolio’s
commitment to listening to the needs of their customers and
continuing to build the best partnerships in order to offer
cutting-edge solutions for today’s property management
professional. For more information on AppFolio Property Manager’s
entire suite of features visit: www.appfolio.com/features
About AppFolio, Inc.AppFolio provides
comprehensive, easy-to-use, cloud-based business software solutions
for small and medium-sized businesses in various vertical markets.
Our products include cloud-based property management software
(AppFolio Property Manager) and cloud-based legal practice
management software (MyCase). The Company was founded in 2006 and
is headquartered in Santa Barbara, CA. Learn more at
www.appfolioinc.com
Media Contact:
Aimee Miller
Chief Marketing Officer
aimee.miller@appfolio.com
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