Partnership offers Yardi clients a fully
integrated rent payment solution, empowering residents with
financial flexibility.
NEW
YORK, June 18, 2024 /PRNewswire/ -- Flex, a
leader in financial wellness solutions, is proud to announce a new
strategic partnership with Yardi®, a leading property management
software provider. This collaboration provides residents with
unprecedented payment flexibility and simplicity, embedded in the
RentCafe resident portal.
"At Flex, we are committed to simplifying the rent payment
process for residents and property managers alike," said
Shragie Lichtenstein, CEO and
Co-founder at Flex. "Our partnership with Yardi allows us to
deliver a seamless, integrated experience that not only enhances
resident satisfaction but also improves operational efficiency for
property managers."
The integration allows residents to split their monthly
rent into smaller, more manageable payments, ensuring property
managers receive the full amount, when it's due. Residents can
discover and sign up for the payment option directly within their
RentCafe portal. Once registered, the Flex service is immediately
available to residents, with no additional work or cost for onsite
teams.
"Integrating Flex's innovative payment solutions within RentCafe
helps our clientsmeet the expectations of today's renters," added
Patrick Hennessey, Vice President
and General Manager at Yardi. "Personalizing the rent payment
process is a crucial step towards enhancing our overall customer
experience."
"Flex is the only company to work directly with both property
management companies and their underlying management software to
offer the best possible flexible rent payment experience,"
continued Lichtenstein. "Now, by embedding Flex directly into
RentCafe, we are setting a new standard for accessibility and
convenience."
Flex has facilitated over $8 billion
in on-time rent payments for thousands of property management
companies across the U.S. By implementing Flex's solutions,
property managers can increase resident retention and boost NOI,
while residents benefit from improved cash flow. This dual
advantage strengthens the financial stability of both property
management companies and the communities they serve.
About Flex
Flex is a leading financial services company that allows residents
to split their rent and build their credit. Trusted by over 1,600
property management companies and offered in more than 6 million
units nationwide, Flex has paid more than $8
billion in on-time rent. By integrating seamlessly with
major property management systems, Flex offers a simple solution
that supports operational efficiency and creates a superior
resident experience. Learn more about Flex at
getflex.com/properties.
About Yardi
Celebrating its 40-year anniversary in 2024, Yardi® develops and
supports industry-leading investment and property management
software for all types and sizes of real estate companies. With
over 9,000 employees, Yardi is working with clients globally to
drive innovation in the real estate industry. For more information
on how Yardi is Energized for Tomorrow, visit yardi.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/flex-and-yardi-unveil-seamless-rent-payment-integration-in-rentcafe-302175569.html
SOURCE Flex