Quality Tenants and Franchisees Found with Credentrust Software

January 11, 2007 by Mark | 0 Comments

The Open Press:

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Credentrust Software, started in 1997 by Tom Markel, has steadily increased as a leader in tenant screening. Credentrust uses the Customer Application Management System (CAM), which is a workflow collaboration tool that processes customer credit applications, such as new customer account, tenant, franchise and loan applications. This system integrates with credit bureaus for a one button retrieval of credit reports, reduces the cost of processing new customers and makes faster and better decisions with more information for owners.

“Helping the small business owner process tenant applications is the goal of TenantSuite,� said Tom Markel, CEO of Credentrust Software. “Making the tenant screening process as easy and hassle free as possible while trying to phase out paper applications is why we created TenantSuite.�

CB Richard Ellis is the largest commercial real estate services firm in the world with nearly 10,000 employees in more than 250 offices spread across 47 countries. Their property management business currently manages more than 600 million square feet for property owners. CB uses the TenantSuite version of Credentrust CAM to process tenant applications for commercial office space in the 1300+ buildings they manage across the US. They are currently phasing out paper applications completely, mandating that all properties accept only online tenant applications submitted via Credentrust CAM TenantSuite. Credentrust provides a single solution used by all property managers throughout the country, ensuring uniform procedures and costs no matter where the property is located. It also allows executives at CB’s headquarters in Los Angeles to monitor tenant application volume and progress across all of their properties without requiring property managers to manually prepare daily (or even weekly) reports.

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In Franchising in USA and/or Canada, News, Administrivia

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