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Income verification tool

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Payscore Features

Features Summary

Functionality

4.5

/5

16

Total features

6

3 categories

Payscore features

Automated Decisioning/Underwriting
Credit Check
Income & Balance Sheet
Online Applications
Reporting/Analytics
Tenant Tracking

Common features of Property Management software

API
Accounting
Activity Tracking
Billing & Invoicing
Channel Management
Commercial Properties
Communication Management
Contact Management

Price starts from

10

One-time payment

Flat Rate

Pricing options
Free plan
Subscription
Free trial

Screenshots

Contenders comparison

Functionality

4.5

/5

16

Price starts from

10

One-time payment

Total Features

6

Unique features

  • Automated Decisioning/Underwriting

  • Online Applications

Functionality

4.3

/5

1.9K

Price starts from

ic-pricetag

No pricing info

Total Features

117

Features in Common

4

Unique features

  • Mobile Access

  • Event Scheduling

  • Parking Management

  • Residential Inspections

Functionality

4.3

/5

2K

Price starts from

55

Per month

Total Features

90

Features in Common

3

Unique features

  • Residential Properties

  • Lease Management

  • Task Management

  • Website Integration

Common Payscore comparisons

Reviewers who mentioned features said:

FD
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Falinda D.

Real Estate, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Game Changer

Reviewed 7 months ago

Payscore was a game changer for us. Reduced fraud, created efficiencies in the application process, and gave our team more time back in their day. Would not operate without this type of service/technology.

Pros

Customer service, ease of use of the dashboard, ease of reports. The Payscore team listens to feedback from the end user and implements, when appropriate.

Cons

Can be frusterating to a non-tech savvy applicant.

AR
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Verified reviewer

Computer Software, 1-10 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Streamlines my tenant application process

Reviewed 6 years ago

Income verification has always been a hassle, and the current methods of using pay stubs and W-2 forms are outdated. The Closing Docs modernizes and digitizes the income verification process for property managers, creating efficiency in our business!

Pros

The Closing Docs' automated income verification allows me to automate the entire rental application process. When you're a property management firm trying to scale, automation is key and The Closing Docs allows me focus my time on more high-impact items!

Cons

While 95% of applicants comply, there are still older applicants that hesitate through the income verification. Luckily, The Closing Docs provides an alternative workflow for the people uncomfortable with connecting their banks.

CF
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Christopher F.

Real Estate, 1-10 employees

Used monthly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Best Way To Verify Income and Bank Balances

Reviewed 4 years ago

It gives us a really detailed dive into recurring and non recurring deposits, the average net income and bank account balances that are linked to the account. We've had some resistance and some of that we were able to convince to use the program. However, most applicants have been completely fine with syncing to their accounts after we assure them it only provides us a report and not access.

Pros

This gives us so much piece of mind and combats against applicants providing fraudulent bank and pay statements. It syncs so effortlessly with our property management software.

Cons

The only minor issue is that I would like the mobile number to auto populate the same way it does with the name and email of applicants when it's synced with my property management software. That's the only issue I have which is pretty much a non issue.

Vendor response

Thank you Chris, we are happy to make your life easier as a property manager!

MF
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Mark F.

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Intuitive to use and speeds up my workflow

Reviewed 7 years ago

It improves the accuracy of my tenant screening and gives me actual recommendations based on actual tenant data. And the info arrives in my inbox instantly, as soon as the applicant hits "send". Awesome.

Pros

As a property manager, it takes a lot of time to collect income information on candidate renters. This app makes it a snap! I'm shaving literally hours off the screening process - love it!

Cons

I was concerned about applicants' adoption, since they have to participate in order to receive the data.

PP
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Peter P.

Real Estate, self-employed

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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CLOSING DOCUMENT HAS SAVED ME NUMEROUS HEADACHES

Reviewed 4 years ago

Easy Peasy. I love them.

Pros

I can easily see all deposits so I know if applicants are reporting income properly. No more babysitting applicants to prompt them to send in pay stubs - which could be easily faked. And its integrated with Buildim

Cons

I don't have any complaints or conts to report.