AppFolio Expands Product Offerings For Property Managers
Zacks Investment Research | Sep 20, 2017 01:33AM ET
AppFolio, Inc. ( (NASDAQ:APPF) ) recently announced that it has enriched its product portfolio for AppFolio Property Manager (APM) customers.
The new additions include AppFolio Renters Insurance a new Value+ Service, and same day ACH, an enhancement to the existing Electronic Payments Value+ Platform.
This announcement was made concurrent with AppFolio’s fifth annual Customer Conference that started on Sep 18, 2017.
Notably, the company will also focus on integration with Amazon’s (NASDAQ:AMZN) voice service, Alexa. This feature will allow tenants to pay rents or submit other requests using voice commands through AppFolio’s platform.
We believe the company’s collaboration with Amazon along with the expansion of its offerings will boost its top line going forward. Shares of AppFolio have gained 88.7% year-to-date significantly outperforming the 19.5% rally of the Zacks Investment Research
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