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Description
Individuals are manipulating financial records, including pay stubs and bank statements, to enhance their rental applications. Alarmingly, approximately 12% of rental applications contain some form of fraud. The move towards digital application processes has significantly increased the prevalence of this fraudulent activity. Over the past year, about 85% of property managers have reported encountering application fraud, which contributes to an estimated 25% of all eviction cases. Given that each eviction can cost $7,500 or more, this issue poses a substantial financial burden. To mitigate the risk of evictions, it is crucial to conduct comprehensive screenings of tenant applications; however, the ease with which applicants can modify documents complicates this effort. Snappt assists in identifying these counterfeit documents, enabling properties to significantly lower the incidence of costly evictions. By employing sophisticated data-driven forensic techniques, landlords can detect more instances of fraudulent documentation while also streamlining the application and screening processes to facilitate quicker, more informed decision-making. This proactive approach not only protects property owners but also enhances the overall integrity of the rental market.
Description
Vouch is a digital platform designed for tenant referencing and rental compliance, empowering letting agents to manage the referencing process efficiently through features like real-time dashboards, automated communication with applicants, and thorough background checks that simplify tenant vetting while alleviating administrative tasks. It encompasses essential referencing functionalities, including checks for credit, affordability, residential status, as well as assessments of employers and guarantors, and it integrates open banking to ensure compliance with right-to-rent ID and document verification via government-approved Identity Document Validation Technology (IDVT), enabling agencies to make well-informed choices and mitigate risks. By automating repetitive tasks such as following up with applicants and gathering necessary documents, Vouch enhances productivity through user-friendly workflows and ensures transparency throughout the referencing journey, allowing agents to monitor progress seamlessly and effectively. This comprehensive approach not only streamlines the process but also fosters a more organized and responsive environment for both agents and tenants.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$10.50 per month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Snappt
Country
United States
Website
www.snappt.com
Vendor Details
Company Name
Vouch
Founded
2017
Country
United Kingdom
Website
vouch.co.uk
Product Features
Background Check
Batch Processing
Employment Screening
Online Applications
Screening Services Integration
Self Service Portal
Status Tracking
Tenant Screening