Reporting rent payments to all three credit bureaus just got easier — say goodbye to spreadsheets and manual uploads. Implement Boom’s feature-rich integration with Buildium and start reporting rent today.
Once your account is created, a Boom team member will reach out to complete your integration setup. The setup call should take less than 20 minutes.
Boom is flexible enough to meet your rent reporting goals and have your residents set up within hours, rather than weeks or months, to build resident credit, drive on-time payments, and grow ancillary revenues of most property managers.
Direct integration between your property management software and Boom means reporting rent payments in hours with only a few clicks every month.
At only $2/month or less, Boom is the most cost-effective rent reporting company on the market due to its focus on technology with no implementation or annual recurring fees.
Transparency and visibility into tenant credit impact metrics via Boom's Partner Platform with real-time data and a customizable credit impact dashboard.
Yes, Rent Reporting, Powered by Buildium is an optional, fee-based service within the Buildium Resident Portal. However, there are a number of limitations for both property managers and residents. Buildium’s rent reporting is offered directly to the renter, whereas Boom can be implemented via the property manager.
There is no additional cost to integrate Buildium with the Boom Partner Platform. However, you will need to Create an Account and set up a contract to get started.
The short answer is sort of, but there are a number of limitations and disadvantages to having your residents utilize Buildium’s Rent Reporting solution. Namely, Buildium’s Rent Reporting must be set up by the resident. With Boom, property managers can set up rent reporting for their renters to incentivize on-time payments, generate ancillary revenue, and gain full visibility into the credit impact Boom has on their renters. To learn more, check out Boom vs. Rent Reporting, Powered by Buildium.
Yes, with a small caveat. Buildium has 3 plans: Essential, Growth and Premium. If you are on Premium, you have access to Buildium’s Open API. With this plan, Boom can set up its direct API integration. For Essential and Growth plan users who do not have Open API access, Boom will set up its flat file (.csv) integration. Either way, both are an effective way to integrate Buildium and launch your rent reporting program.
Once you create a Boom account, Boom will reach out to schedule a setup call. They will walk you through API integration activation + key creation or flat file (.csv) integration. The integration call can be completed in 30 minutes.
No, Boom can report both on-time and full-file (on-time and delinquent payments). The Boom for Property Managers platform allows for a number of customizations to fit how you want to roll out rent reporting to your residents, including reporting only on-time payments or reporting on-time and delinquent payments.
No, not necessarily. Boom allows property managers to enroll all residents or selectively enroll individual residents based on the terms of their lease.
Yes, if you choose. Regardless of your property management software, Boom allows property managers to enroll renters with the following configurations: (a) required enrollment (no opt-out), (b) opt-out, or (c) opt-in. Not sure which option is right for you? No problem—Boom will help you decide based on the goals of your rent reporting program.