Equifax API integration
Credit Checker is the most well-known Salesforce native tool that automates the credit reporting workflow. It is developed by Cloud Maven, Inc., a Salesforce-certified ISV Partner and the recipient of the 2021 Salesforce Partner Innovation Award.
Property management companies use credit reports to assess potential tenants’ financial stability and creditworthiness. This allows them to determine whether an applicant will pay rent on time and in full, reducing the property owner’s risk of financial loss. Property management companies can input a potential tenant’s information using an automated credit reporting app. The app automatically retrieves credit reports from major credit reporting agencies (such as Experian, TransUnion, or Equifax). This can save property management companies a lot of time and effort, as they no longer have to manually request credit reports.
Automated credit decisions are more accurate than manual ones because they are not subject to human error. However, many organizations are hesitant to implement automation due to a lack of knowledge or a large investment. Credit Checker is a simple tool that assists property management companies in automating the entire process. It eliminates the need for human intervention, reducing costs and time. Property management companies can quickly obtain credit reports from major credit bureaus to learn more about the applicant in real-time and request dual/tri-merge reports and Hard/Soft pull inquiry reports (without SSN/SIN) from any Salesforce object. Experian-Precise ID, OFAC reports, employment information, driving license, LnJ data, and credit histories can all be used to assess an applicant’s creditworthiness and ensure that all regulatory requirements are met. It also provides instant access to FICO and Vantage scores. Property management companies can easily interpret and monitor reports using a fully customizable dashboard. They can also sort profiles using the dashboard based on the applicant’s credit score, debt amount, name, employment status, or other credit information. The App enables simple and scalable salesforce integration in any business workflow as a credit bureau connection API form. This App is available on Salesforce AppExchange for a free 30-day trial. Send an email to info@cloudmaveninc.com for any queries. Follow Cloud Maven, Inc. on LinkedIn, Twitter, and YouTube to learn more.
