April 16, 2014 2:27 PM ET

Software

Company Overview of Property Solutions International, Inc.

Company Overview

Property Solutions International, Inc. provides Web-based property management software tools for the multifamily housing industry in the United States. The company offers Web based solutions for leasing, rent collection, and maintenance request processing. Its solutions include ILS Portal, which enables users to control their online marketing with automated feeds to Internet listing services and craigslist posting; ResidentPortal that enables residents to pay rent, submit a work order, or just find out what is happening in the community; ProspectPortal, which enables users to keep their site up-to-date; and MobilePortal that allows users to capture mobile guest cards. The company also provid...

1656 South East Bay Boulevard

Building F

Suite 200

Provo, UT 84606

United States

Founded in 2003

Phone:

801-375-5522

Fax:

801-705-1835

Key Executives for Property Solutions International, Inc.

Co-Founder
Co-Founder
Co-President
Co-Founder
Chief Financial Officer
Compensation as of Fiscal Year 2013.

Property Solutions International, Inc. Key Developments

First Advantage Joins Property Solutions' Entrata App Store to Deliver Centralized Resident Screening

First Advantage announced details of its collaboration with Property Solutions to deliver one-click account access through the Entrata App Store. Launched in April 2013, Property Solutions' Entrata PaaS delivers a comprehensive suite of technology for the multifamily industry under a single unified platform, while helping property managers identify and connect with the software solutions that best meet their needs. Through this free integration with Entrata, First Advantage's industry-leading resident screening solutions that help property managers turn qualified applicants into residents can be easily accessed from Property Solutions' App Store. As property managers continually seek the capabilities that can make their jobs more efficient, the availability of First Advantage on the Entrata App Store enables them to streamline their operations and perform key management activities via a single platform. Through this configuration, property managers can ensure their data can be exchanged freely, seamlessly and securely between Property Solutions and First Advantage to handle all aspects of screening for the full leasing cycle, from application and move-in through move-out and collections. As a result, they can better mitigate their risk, maximize revenues and optimize their processes.

Yardi Systems, Inc. Files Lawsuit Against Property Solutions International, Inc. to Protect its Intellectual Property

On October 21, 2013, Yardi Systems, Inc. filed a lawsuit against Property Solutions International, Inc. The lawsuit alleges that Property Solutions infringed on Yardi's copyrights, misappropriated Yardi's trade secrets, and intentionally interfered with certain of Yardi's customer contracts. The lawsuit was filed because Yardi Systems, Inc. believe Property Solutions exploited its relationship with customers and improperly and without authorization accessed and copied Voyager(R) software. On October 23, 2013, Property Solutions announced a respond to the lawsuit. In its release, Property Solutions claimed, among other things, that Yardi's goal is to prevent third party software from integrating with Yardi software. Contrary to what Property Solutions wrote, Yardi maintains a collaborative relationship with third-party software vendors and competitors including Property Solutions which Yardi plans to continue. Property Solutions also pledged in its press release to move ahead vigorously with its Entrata(TM) software and invited potential customers to compare it first-hand with other industry software. Yardi has long embraced fair competition in the marketplace and welcomes the opportunity to demonstrate Yardi software for potential customers so they can compare Yardi products with what others have to offer. When Yardi is the target of aggressive marketing, Property Solutions are content to let software speak for itself. But Yardi responds vigorously to protect its intellectual property rights. That is what this lawsuit is about.

NWP Services Corporation Partners with Property Solutions to Deliver Electronic Data Interchange with Entrata

NWP Services Corporation announced successful deployment of a zero-cost automated electronic data interface with Property Solutions(R) Entrata(TM), the multifamily industry's single, open property management software platform. This interface provides an automated exchange of resident information and charge data to facilitate accurate and consistent billing for residents, with no integration or licensing fees for the property. Automating the exchange of resident and charge data between systems delivers greater accuracy of information and frees on-site staff to concentrate on leasing units instead of manual data entry. Electronic data interchange partnerships between multifamily providers also help to ensure ongoing cooperation during software upgrades and changes, providing dependable communication between platforms.

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