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What is Snappt?

People are falsifying financial documents, such as pay stubs and bank statements, to improve their chances of securing rental properties. Disturbingly, around 12% of rental applications exhibit some level of deception. The shift towards online application systems has notably escalated the incidence of this sort of fraud. In the last year, roughly 85% of property managers have reported facing fraudulent applications, which are linked to nearly 25% of eviction proceedings. Each eviction can incur costs exceeding $7,500, making this a significant financial issue for landlords. To reduce the likelihood of evictions, it is essential to perform thorough screenings of rental applications; however, the simplicity with which applicants can alter their documents makes this task challenging. Snappt plays a vital role in identifying these fraudulent documents, helping property managers dramatically decrease the rate of expensive evictions. By utilizing advanced data-driven forensic methods, landlords can uncover more cases of fraudulent documentation while also refining the application and screening processes for quicker, more informed choices. This proactive strategy not only safeguards property owners but also bolsters the overall credibility of the rental market and fosters a more trustworthy environment for both landlords and tenants.

What is CypherSOL?

CypherSOL Fintech delivers an innovative suite of financial intelligence powered by AI, which enhances bookkeeping through the automation of bank statement parsing for a wide range of over 50 banks and supports 105 unique formats, all while maintaining an impressive accuracy rate of 98%. Additionally, CypherEdge skillfully organizes and cleans transaction data by applying more than 7,500 rules, making it easy to import data into Tally with just one click. Furthermore, CypherZen keeps a close watch on cash flows and computes Monthly Average Balances, allowing for the quick pairing of borrowers with appropriate lenders. In parallel, CypherIQ operates entirely offline, offering strong solutions for forensic auditing, secure fund trail tracking, and efficient fraud detection, which guarantees comprehensive oversight of financial activities. Together, this diverse set of tools equips businesses to significantly improve their financial management practices, driving them towards unprecedented efficiency and accuracy. Ultimately, CypherSOL Fintech's offerings represent a transformative approach to handling financial data in today's dynamic landscape.

Media

Media

No images available

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Snappt

Company Location

United States

Company Website

www.snappt.com

Company Facts

Organization Name

CypherSOL Fintech India Pvt. Ltd.

Date Founded

2023

Company Location

India

Company Website

cyphersol.co.in/

Categories and Features

Background Check

Batch Processing
Employment Screening
Online Applications
Screening Services Integration
Self Service Portal
Status Tracking
Tenant Screening

Categories and Features

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Popular Alternatives

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