What’s new in AppFolio: Winter 2022

Accounting & Reporting

Bank Feed

Aside from being a drain on your time, manual data entry creates room for error in accounting workflows that are hard to identify and rectify, opening your business up to significant problems with bank reconciliations. With Bank Feed, your team has the flexibility to achieve more. This smart accounting tool automatically imports bank transactions so you can handle transaction matching in one view and make bank reconciliations effortless.

At no additional cost, you can see bank transactions from linked accounts right within AppFolio, which offers your team an accurate, centralized view of their bank activity alongside your AppFolio records. Supported by AI, Bank Feed also reduces the amount of manual work and enables you to reconcile quicker, easier, and more accurately, so you spend less time untangling errors at the end of each accounting cycle.

Marketing & Leasing

Owner signatures on resident forms

This release allows owners to electronically sign resident forms directly through AppFolio Property Manager. This means that you can add property owners as eSigners on resident forms like parking permits, utility agreements, and notices of entry.

This feature provides a better experience for property owners as documents are now available for signing in the owner portal; to give a more seamless way for property managers to collect signatures in a single, streamlined process; and it saves them money and limits the need for other eSignature solutions.

As an extra bonus, our team is currently hard at work to extend owner eSignature functionality to PDF Leases — be sure to keep an eye on your ‘What’s New’ feed to see when this is available to you.

Maintenance & Efficiency

Updates to Smart Maintenance

Efficiency and accuracy are critical for handling maintenance and we're focused on making it as easy as possible to deliver great service to your residents. With a recent update to Smart Maintenance, it's now possible to tailor the urgency of different issues for each maintenance group to ensure that work orders are dispatched the way you want across all of your properties.

It’s important to ensure that anyone hired for maintenance on your property shows up on time and does a great job for your residents. Through Smart Maintenance, any vendor assigned to a work order will receive a text and can opt-in or out of the work. This ensures that your work orders are prioritized appropriately, residents are receiving timely service, and the communication and scheduling of vendors is more streamlined.

Integrations & Partnerships

AppFolio Stack™ partners

Continue to level up your integrations with AppFolio Stack™. We've combined exceptional ease of use and functionality, with highly specialized partner solutions to give you the tools you need to manage any portfolio without compromising on usability.

Our marketplace of partners continues to grow and now features LeadSimple for customizable workflows and CRM, Opiniion for resident feedback and reputation management, and zInspector for property inspections. Even more partners are coming soon to the AppFolio Stack™ Marketplace, including Homebase, ShowMojo, PetScreening, Rentcheck, and 30Lines. Visit appfolio.com/stack to learn more.

Community Association

HOA Capital, LLC partnership

Securing proper funding for your communities can be a challenging process for any association management company. Our partnership with HOA Capital can assist you in customizing loan options that best accommodate your financing needs. Whether you need to secure financing solutions to cover repairs, upgrades, or construction for the communities you manage, HOA Capital can support you in choosing the best financing option to maximize funding to enhance your communities. To learn how HOA Capital, LLC can help your association, click here.

Bank Transfers

In the spring, the release of the new Bank Transfer task provided a more straightforward way to complete monthly reserve transfers without leaving AppFolio Property Manager. Those who use this feature love it because it initiates a reserve transfer in a single step and presents a real-time bank balance so they can be confident that funds are available before initiating the transfer.

The latest update to our Bank Transfers feature now allows accountants to schedule both one-time and recurring transfers in AppFolio Property Manager, and includes non-cash journal entries to record all reserve funding in a single step. To make this feature even more efficient, we've automatically enabled this capability for customers of our bank partners: Alliance Association Bank, CIT, Pacific Premier Bank, and Pacific Western Bank.

Amenities

One of the perks of living in a community association is that it provides residents with amenities that increase the value of living there. 

The new Amenities capability now enables community associations managers to create listings for any type of community amenity and publish them directly to the homeowner portal. This provides homeowners with information at their fingertips about available amenities, including photos, hours of operation, and more.

Take advantage of the latest innovations

As an AppFolio Property Manager customer, you can find out more about each one of these features by logging in to the Help Center to explore and learn.

Not yet an AppFolio customer, but want to see how these powerful tools can help your business grow? Let’s chat — sign up now for a customized product demo.