4 unmissable benefits of our integrations with RealPage, Rent Manager, and Appfolio
We are excited to announce Circa is now fully integrated with property management platforms RealPage, Rent Manager and Appfolio. Our integration suite will shortly include Yardi, Entrata, and MRI, with others to follow. System integration amplifies the impact Circa has on a multifamily real estate portfolio, providing numerous efficiencies, new benefits, and an improved experience for both property owners and their residents. It’s no exaggeration to say that prop tech startups must integrate to remain competitive in today’s quickly evolving environment, and - at Circa - we’re setting the pace.
But, integrations are hard. Leading property management systems are selective in who they let integrate, which can be a high bar to clear for a startup. The security of your database and overall quality and sophistication of your code base is critical to meeting their extensive requirements. Having designed and developed some of the world’s most secure and most reliable payment systems at large financial companies like SwissRE, Circa Co-founder & CTO, Heman Duraiswamy, knows what it takes to exceed expectations. We are immensely proud of our engineering team, which has worked diligently and executed flawlessly under Heman’s leadership.
While worthwhile to acknowledge the technical challenges surrounding integrations, it’s important to consider the importance:
Integration radically improves transparency for both residents and property owners, allowing each party to see a full breakdown of the rent payment in their respective systems. When a property posts monthly charges to their day-to-day system, Circa’s system retrieves the information automatically, eliminating the average 5 days it takes for residents to receive their bill in the mail. The Circa app shows residents a full breakdown of their rent, detailing additional charges like pet fees, storage, parking, integrated utilities, etc. This real time reporting allows residents to understand their bill and communicate any issues with their property in a timely manner. They can better manage their household finances by choosing from one of Circa’s 7 payment schedules accordingly. Everyone benefits from a speedy, one-stop process, tailored to their individual needs.
Integration makes possible hassle-free arrears collection. With integration, the collection of arrears can be fully managed through the property management platform using Circa’s proven methods. Circa’s effortless solution for addressing past due rent combines respect, communication, and flexible payments to bring property owners a 4x improvement in arrears collection.
Integration delivers greater operational efficiency for properties. With integrated systems, property managers can see collections activity in real-time, saving them lots of time typically spend on manual payment reconciliation. Property owners no longer have to scan checks, process money orders, and manage multiple other payment streams. They never need to toggle between systems to compare and contrast figures; information is updated automatically in real-time.
Through integration, property owners can greatly improve resident relations by providing a better experience. In addition to process improvements for the property management team, integration goes further to improve property-resident relationships. Here’s one example. Currently, property managers aren’t always able to reconcile payments in a timely manner due to the heavy burden associated with collections. Late payment notices are often prematurely sent to residents, which creates confusion and conflict. System integration simplifies the experience on both ends, resulting in two happier parties operating with the same information at the same time.
For properties using RealPage, Rent Manager, or Appfolio, Circa delivers not-to-be-missed improvements. Our integrations are rigorously tested and available immediately. We welcome any properties using these systems to reach out to learn more about what Circa can do for you and your residents.