AppFolio Announces Two New Offerings for Property Management Customers

SANTA BARBARA, Calif., Sept. 19, 2016 -- 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

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