oss due to renter-caused damage, while content protection provides additional coverage for a renter’s personal belongings in the event of loss. Asset Optimization Asset optimization solutions are targeted at optimizing property financial and operational performance. These solutions manage core asset management and business intelligence processes, including real-time yield management, revenue growth forecasting, key variable sensitivity forecasting and operating metric benchmarking. The asset optimization solutions category consists of two primary solutions, Yield Management and Business Intelligence. Yield Management YieldStar is the company’s on demand yield management platform. The platform includes real-time statistical models leveraging a repository of data to calculate optimal rent for each rental unit, pricing management advisory services and the MPF market research database. Business Intelligence Business intelligence is the company’s on demand business intelligence platform designed to enable property owners and managers to outperform their peers. Business intelligence functionality includes customized internal reporting, at any aggregation and time horizon that can leverage operational, financial and marketing data simultaneously. In addition, the platform includes peer benchmarking leveraging a large repository of data, tools for revenue forecasting and key operating variable forecasting. Professional services The company’s consulting and implementation methodology leverages the nature of its on demand software architecture, the industry-specific expertise of its professional services employees and the design of its platform to simplify and expedite the implementation process. The company’s consulting and implementation services include project and application management procedures, business process evaluation, business model development and data conversion. The company’s consulting teams work closely with customers to facilitate the smooth transition and operation of its solutions. The company also offers various training programs for training administrators and onsite property managers on the use of its solutions and on current issues in the property management industry. Training options include regularly hosted classroom and online instruction (through its online learning courseware), as well as online seminars, or Webinars. The company also enables its customers to integrate their own training content with its content to deliver an integrated and customized training program for their on-site property managers. Sales and Marketing The company sells its rental housing software and services through its direct sales organization. It organizes its sales force by geographic region, size of its prospective customers and property type. The company sells its vacation rental software and services utilizing a high velocity sales model to drive recurring revenues. In addition to new customer sales, the company sells additional solutions and consulting services to its existing customers. Customers The company’s customers include real estate investment trusts, property management companies, fee managers, regionally based owner operators, vacation property owners and service providers. As of December 31, 2015, the company had approximately 11,900 customers who used approximately 1 of its on demand software solutions to help manage the operations of approximately 10.6 million rental housing and vacation rental units. The company’s customers include multifamily property management companies in the United States. Competition In the market for accounting software the company competes with Yardi Systems, Inc. (Yardi); MRI Software LLC (MRI); Property Solutions International, Inc. (Property Solutions); AMSI Property Management (owned by Infor Global Solutions, Inc.); Intacct Corp; NetSuite Inc.; Intuit Inc.; Oracle Corporation; PeopleSoft and JD Edwards (each owned by Oracle Corporation); SAP AG; Microsoft Corporation; and AppFolio Inc. In the market for property management software, the company faces competitive pressure from Yardi and its Voyager products; AMSI Property Manageme
realpage inc (RP:NASDAQ GS)
4000 International Parkway
Carrollton, TX 75007
The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content.
|No competitor information is available for RP.|
|View Industry Companies|
Sponsored Financial Commentaries
To contact REALPAGE INC, please visit www.realpage.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.