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Funnel Partners with TransUnion to Make Applying for an Apartment as Easy as Ordering Online

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Funnel Leasing has partnered with TransUnion (NYSE: TRU) to enhance its renter management software, aiming to streamline leasing applications and improve screening decisions. This integration incorporates TransUnion's ResidentScore® and ResidentID® products, which will provide richer data reporting capabilities. The collaboration reflects Funnel's commitment to modernizing the multifamily leasing process, making it more efficient for both renters and property managers. This new approach is particularly relevant as the pandemic has accelerated the shift towards digital and contactless service models.

Positive
  • Partnership with TransUnion enhances data reporting capabilities.
  • Integration improves the renter application experience.
  • Streamlines the screening process for property managers.
Negative
  • None.

New Integration in Funnel’s Renter Management Software Streamlines Applications and Enables Leasing Teams to Make Informed Screening Decisions

TAMPA, Fla.--(BUSINESS WIRE)-- Funnel Leasing, the only renter-centric leasing platform, today announced a new partnership with TransUnion (NYSE: TRU), a global information and insights company. The new integration will empower renters with a frictionless application experience and assist operators with making better screening decisions. TransUnion’s rental screening solutions ResidentScore® and ResidentID® products are integrated into the Funnel platform, enabling a suite of reporting functionality and improvements to collected data capabilities. The partnership furthers Funnel’s commitment to building a new renter-centric class of technology — Renter Management Software — which streamlines leasing for renters, leading property owners, and managers.

“We are revolutionizing the entire renter journey in multifamily leasing, and one of the most antiquated steps in that journey is the application and screening process,” said Tyler Christiansen, CEO of Funnel. “Our partnership with TransUnion will help improve the speed and reduce the friction of the screening process. This integration makes finding your next home that much easier while also allowing leasing teams to make more informed and timely decisions.”

“The pandemic has accelerated the move to digital, contactless processes, which impacted most businesses — the multifamily industry is no exception,” said Maitri Johnson, vice president of TransUnion’s tenant and employment screening businesses. “Now, the majority of leasing applications are largely completed, screened, and approved online. Through this partnership, Funnel is streamlining the digital leasing process, providing renters with a better user experience, and making it easier for property managers to efficiently screen and approve applicants. We are thrilled to partner with Funnel and power their screening process.”

For a full list of Funnel’s integration partners, visit our website.

About Funnel Leasing

Funnel's renter-centric solutions revolutionize the antiquated process of finding a home into an enjoyable experience. We believe all renters deserve a seamless, simple and personalized journey. We provide leasing and communication tools that are intuitive and obliterate repetitive tasks — driving more efficient leasing. Join us as we help leading property management teams create a better rental experience at funnelleasing.com.

About TransUnion

TransUnion is a global information and insights company that makes trust possible in the modern economy. We do this by providing a comprehensive picture of each person so they can be reliably and safely represented in the marketplace. As a result, businesses and consumers can transact with confidence and achieve great things. We call this Information for Good.®

A leading presence in more than 30 countries across five continents, TransUnion provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people.

http://www.transunion.com/business

Funnel Leasing

Alex Howe, VP of Marketing

alex.howe@funnelleasing.com

TransUnion

Carolyn Gasbarra, Public Relations

carolyn.gasbarra@transunion.com

Source: Funnel Leasing

FAQ

What is the new partnership between Funnel Leasing and TransUnion about?

Funnel Leasing partnered with TransUnion to integrate their screening solutions into Funnel's renter management software, streamlining applications and enhancing screening decisions.

How will the integration with TransUnion affect renters?

The integration will provide renters with a more frictionless application process, improving their overall experience.

What benefits does the integration bring to property managers?

It allows property managers to make more informed and timely screening decisions.

What specific TransUnion products are integrated into Funnel's platform?

The integration includes TransUnion's ResidentScore® and ResidentID® products.

How does this partnership relate to the pandemic's impact on leasing?

The partnership addresses the increased demand for digital and contactless leasing processes, which has been accelerated by the pandemic.

TransUnion

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