Boom is excited to partner with DepositCloud as their preferred vendor for rent reporting and tenant screening. In turn, Boom recommends DepositCloud as a trusted solution to streamline the resident journey—from initial application to move-out. Together, Boom and DepositCloud make the entire process easier for both property managers and renters, reducing friction and keeping potential residents excited about moving into your properties!
With DepositCloud, you can:
Boom helps you qualify renters quickly to improve leasing velocity with BoomScreen, a configurable screening platform, and offers residents an added benefit of reporting rental payments to build credit with BoomReport. Meanwhile, DepositCloud helps take the pressure off collecting security deposits, managing unit conditions at move-in and move-out, and expedites resident refunds to ensure peace of mind for both you and the resident.
Boom and DepositCloud both support a direct line of communication for residents during the application and move-in process, so your property management team can spend less time managing deposits and application fees, and more time on an incredible resident experience after move-in.
"Our collaboration with Boom marks a pivotal moment for DepositCloud. The ability to seamlessly integrate positive credit reporting and their robust screening processes empowers us to not only mitigate risk for property owners but, more importantly, to actively uplift tenants by helping them build stronger credit profiles. It's a truly exciting prospect to contribute to a financial ecosystem that rewards responsible payment behavior and fosters greater financial inclusion.”
Michael Bowman, CEO, DepositCloud
DepositCloud is the leading innovator in rental housing for security deposit management and compliance, since 2017, with over 1 million multifamily, single family and student housing units serviced nationwide. DepositCloud leverages cutting-edge technology to improve the lives of renters and property managers in rental housing, with a focus on affordability and sustainability. DepositCloud substantially increases NOI and reduces bad debt, by mitigating compliance risk, reducing operating costs, and automating the move-in/move-out process. DepositCloud empowers your staff to focus on revenue generating efforts while improving the renter experience. For more information visit: https://www.depositcloud.com
Boom is on a mission to level the playing field for the 110+ million renters in the US by making housing more flexible, affordable, and rewarding. Boom is building a suite of rental financial services for renters and property managers, including rent payment reporting, rent reporting-as-a-service, and a number of integrations for the largest property management systems (PMS). Now serving thousands of renters, Boom is led by second-time founders Rob Whiting (ex-BCG, Rubicon) and Kirill Moizik (ex-Eco, Technion, Grubhub).
Schedule a demo with the Boom team to learn more.
