AppFolio Accelerates Platform Innovation with New Security Deposit Alternative Solution, Smart Accounting Tools and PropTech Integrations
14 October 2022 - 3:00AM
AppFolio, Inc. (NASDAQ:APPF), a leading provider of cloud business
management solutions for the real estate industry, today announced
new capabilities within the AppFolio Property Manager platform and
partnerships to serve the evolving needs of property owners and
operators of single-family and multifamily rentals. The latest
innovations include FolioGuard™ Security Deposit Alternative
powered by Obligo, Report Builder, and Bank Feed, which together
enable customers to increase productivity, grow their business and
enhance the resident experience. Additionally, AppFolio has added
seven new partners to AppFolio Stack™, its integration marketplace
launched earlier this year.
AppFolio’s newest capabilities continue its pace of rapid
innovation and improve the property manager and resident
experience:
- FolioGuard Security Deposit Alternative, powered by
Obligo, simplifies financial interactions between the
property manager and their residents by eliminating the need for
cash security deposits while still holding residents accountable
for damages. Property managers retain the assurance of a full
security deposit via a seamlessly integrated solution while also
simplifying deposit collection and management.
- Report Builder gives decision-makers quick
answers to the critical questions that inform business strategy.
AppFolio customers now have access to improved report customization
and combination capabilities. These enhancements empower property
managers to meet specific reporting requirements, save new reports
for future reference and easily share findings all while
maintaining drill-down capabilities.
- Bank Feed is a smart accounting tool that
automatically imports bank transactions and simplifies
reconciliations utilizing AI, allowing property management
organizations to keep cleaner books while freeing staff to focus on
high-value, resident-focused work.
“Rapid innovation that helps our customers deliver a stand-out
resident experience and grow their business has always been at the
heart of AppFolio’s success,” said Jason Randall, President and CEO
of AppFolio. “With that focus, I’m thrilled to share our latest
innovation at our 10th annual Customer Conference, an event where
we’ve forged many of the meaningful customer connections that drive
our innovation and inspire our team. The AppFolio Property Manager
platform enhancements and integration partnerships we’ve announced
today continue AppFolio’s history of innovation that supports our
customers as they navigate an ever-changing world.”
With the addition of seven new partners, AppFolio continues to
build its fast-growing AppFolio Stack integration marketplace. This
newest set of integrations for property managers simplifies
everything from marketing to inspections and maintenance:
- Homebase provides multifamily access control,
property-wide WiFi and integration with smart apartment technology
for a seamless resident experience.
- LeadSimple syncs resident, owner and property
data within AppFolio Property Manager to trigger a wide range of
customizable workflows, set up drip campaigns and nurture
prospects.
- Opiniion streamlines the process in which
property managers collect, analyze, publicize and act on resident
feedback.
- PetScreening helps users manage residents'
pets and assistance animals digitally while maximizing
opportunities for pet-related revenue.
- ShowMojo helps automate the leasing process
from answering prospective tenant calls and emails, to scheduling
in-person showings and self-guided tours, to targeted prospect
nurturing and detailed leasing intelligence.
- zInspector is a collaborative field-to-office
property inspection solution that enables maintenance staff to
document and effortlessly share property inspections and
tasks.
- 30 Lines transforms your company or property
website with stunning templates that automatically display the most
current property availability and pricing.
“Our research confirms driving operational efficiencies is top
of mind for property management executives and frontline staff in
the current environment,” said Will Moxley, Senior Vice President,
Product, AppFolio. “Our newest enhancements address that directly,
helping our customers streamline key workflows and achieve greater
productivity. Meanwhile, our growing list of integration partners
gives our customers quick and easy ways to adopt new technology
while retaining control of their data and maintaining the
efficiencies their teams achieve by working from a single,
easy-to-use platform."
“AppFolio Property Manager is a fully integrated solution for
us,” said Gozen Hartman, Co-Founder and COO of Fairlawn. “From
listing to lead to lease and beyond, these integrations combined
with AppFolio’s additional capabilities mean our teams are freed
from repetitive and cumbersome tasks and able to focus on more
fulfilling and impactful activities. With their growing product
offerings and partnership, AppFolio continues to position us for
continued growth after we’ve more than doubled in size to 5,000
units within three years.“
For more information on product and integration availability,
please visit https://www.appfolio.com.
About AppFolio, Inc.AppFolio, Inc. is a leading
provider of cloud business management solutions for the real estate
industry. Our solutions enable our customers to digitally transform
their businesses, address critical business operations and deliver
a better customer experience. Today, our solutions are AppFolio
Property Manager and AppFolio Investment Management, which are
supplemented with Value Added Services that enhance, automate and
streamline business-critical processes and workflows. For more
information about AppFolio, visit www.appfolioinc.com.
For more information, please contact:
Ann Jane Draper
ann.jane.draper@appfolio.com
AppFolio (NASDAQ:APPF)
Historical Stock Chart
From Mar 2024 to Apr 2024
AppFolio (NASDAQ:APPF)
Historical Stock Chart
From Apr 2023 to Apr 2024