President's Letter

RentGrow's sole mission is to be the best resident screening provider serving the multifamily industry.  Being the "best of breed" screening provider means we have to be highly focused on our craft, and we are proud to have earned a reputation as resident screening experts.

While we choose to focus our energy and resources on resident screening, the multifamily industry offers a bounty of technology companies that have great products to support leasing, accounting, generating forms, and other aspects of property operations.

It is RentGrow's belief that our customers and the industry as a whole benefit when technology companies collaborate and maintain open systems that can integrate with one another.   The customer wins when they can choose the strongest partner for each aspect of operations, and integrate their systems to maximize operational efficiency.

Our latest integration with the most recent versions of Yardi Voyager, developed in accordance with MITS standards, is an example of what is possible when technology companies collaborate to offer a seamless, efficient integration to their mutual customers.

We hope this newsletter provides you with useful insights about the growing area of systems integration within the multifamily industry.

Sincerely,

Mike Lapsley, CEO
RentGrow, Inc. 

Independent Rental Owners:
Owners with fewer than 200 rental units can now screen their applicants quickly and effectively. View details for more information.

July/August 2009 Issue

RentGrow "In the Know"

Integrate Screening with Other Systems to Improve Your Operations

There was a time when property websites, resident screening systems, property management software, and other multifamily technologies functioned as distinct, disconnected units.  Today, systems integration allows these systems to seamlessly transfer applicant data between one another.  For example:

• Applicant information can flow between the screening system and the property management system
• Around-the-clock applications and screening can be conducted by integrating the screening system with online property listings and portals
• Data can be transferred from the screening system into various electronic forms

Integrated systems allow property management companies to choose their favorite system for each aspect of running their business and then tie them together.  The benefits to the management company include:

• Less manual data entry, resulting in reduced likelihood of data entry errors
• Time savings in the leasing office and greater staff productivity
• Greater integrity of applicant data across multiple properties, offices, and systems

Some of the multifamily systems that currently integrate with RentGrow's TotalScreen are:

• Yardi Voyager, Versions 6.006 and 6.008
• MRI/Intuit, Version 4.0
• AMSI E-Site
• Vaultware
• SureDeposit Surety Bond Forms

We are continually adding to our list of available integrations. Integration capability is often dependent on the product versions you are using, so contact your account managers at your various technology providers for more details.

If you have questions or are interested in integrating TotalScreen with other systems, contact your RentGrow Account Manager for more information.

The MITS Initiative: An Industry-wide Collaboration

RentGrow believes that when multifamily technology companies collaborate, the industry benefits because management companies can choose and seamlessly integrate the "best of breed" companies in each industry category.

The Multifamily Information and Transactions Standards (MITS) initiative is a great example of the multifamily industry working together.  MITS is a non-profit initiative within the apartment industry to facilitate common data standards and technology practices.  MITS is funded and sponsored by a broad group of industry firms, is supported by NMHC, and is a national outreach partner for NAA.

RentGrow and Yardi built their newest interface between RentGrow's TotalScreen and Yardi Voyager to the MITS standard, and clients on compatible product versions can benefit from a smooth, efficient transfer of data between TotalScreen and Voyager.  This is just one example of how the customer can benefit from the integration capabilities that are available to the industry today.

For more information about MITS, go to http://www.mitsproject.com/.

©2009, RentGrow, Inc., Resident Screening Experts. For permission to reprint this article or to sign up to receive "In the Know," send an email to newsletter@rentgrow.com.  

If you have additional questions about other aspects of your resident screening strategy you can contact RentGrow at 1-800-RENTGROW (1-800-736-8476) or visit our website at http://www.rentgrow.com.

RentGrow, Inc  *   307 Waverley Oaks Rd, Suite 301  *  Waltham, MA  02452  *  800.736.8476