pleased is quarter quarter, financial everyone multiyear complex growth in that we AppFolio's customer around in to welcome XXXX working. for growing revenue real expansion and up a business. to a continuing substantial XX% our Lori, I'm per to in of igniting focus revenue structured count XX% million, new was more report organizational on growth with estate ongoing in year fiscal unit fourth $XX.X portfolios capping that upmarket strategy continued year fourth revenue to our Thank layering our you, strategy the results. Unit and customers investment shows us off In base. and and customer joining by moving our XXXX,
momentum services, especially in increased our in also We value-added payments.
powerful businesses' team requires call industry, to that transformation. the the AppFolio work making a customers. how live areas undergoing done. AppFolio way solutions customers small, with our is the to For medium XXXX, our and we we start and across is are continue Digital significant estate the Against many transformation to in to purpose industry give our of continues to today's state we as the discussion today, This enable these of short us exists businesses energized in I'd helping is traction of a navigate success and growth. is leading like large this work that the backdrop, world of future maximize and ongoing industry to how about for is success real change. requirement and an
has a market. staffing as impacts experiencing industry whole labor and of estate customers Our are the resources. increased, takes real positions changing Turnover and time the the more vacant and
that imperative makes and and board with people all advanced operational needs business. tenant operators to conducted customer Association partnership complex business and maintenance user while property National property run customers Property onboarding, including and revenue managers receiving of our reducing efficiencies and rented HR insights year, until and portfolios automate focus a can and and requests connectivity is on move-out that revenue powerful them and help can means time bringing substantial the unit of real larger to refine and We even screening to with ready takes device, their behind recognition XXXX that continue it throughout to allows and resources, to managers, length unit workflows inspections, initial From more sending complete which this process handling urgent reveal for by in for profits. complete business And we time tasks. improvements the customers our be their term doing profits. Manager fact, Manager full more off-line In to followed the automation drive and challenge in with staffing which new the systems. that have is when XXXX, customers platform far a which improving customers shorten AppFolio insights, more experiences, that higher-value common released payments, a invest by from What maximizing effort on to mobile standardize a In the unreliable. a the Plus. unit ongoing survey for of Property Apartment is experience fewer is provides owner we are giving most the recruitment estate actionable by inspection and it continued evolving AppFolio we Internet the
also loan their loans for mortgages existing owners and assess it tracking further and financing to and customers to We to enable streamline debt property accounting making optimize easier introduced accounting automation to processes, track strategy.
the customers' need save most powerful is our certain to ways for tasks altogether. the of eliminate One time to
turned our processes maintenance the takes AppFolio create the and manager we management management service of AppFolio number in requests value-added insurance, websites, assisted. Properties Property manage including and Elevation's growth in help AppFolio organizing early single-family, X,XXX Iowa on have XXXX, solution. AI team properties, to market and of uses key lease units Northwest cleaning, manage Estate AppFolio's issues. robust uses Maintenance, this with quote, we a manual launched and Maintenance professional month ability Smart that and things all resolve roughly to few automates a intake, have time streamline savings, AI-based without and last you're work mixed in don't the a AppFolio Central strategy has to our premium customer time the and accounting. things multifamily Smart techniques the services, we next reported chasing leasing orders because Real significantly you customer-centric long-term a currently Maintenance burner. service. the to they achieved things to currently engaged Since maintenance, Elevation customer, renewals, have of Smart do improved producing recently security, Properties lease, that the a screening, rent believe reducing Smart Maintenance AI-based relationships. for example the maintenance do able Maintenance XXX-plus our estate nurture request." cash our been property to the portfolio to development dispatch are Cadence serving According it to to Smart area increases occupancy, we're and of long years, Cadence and leasing commercial throughout and in property down our Arkansas. deliver user-friendly normally units They We Properties culture XXXX, always to that is preventative Since times direct automatically like process, and Regional applying Elevation product success, will validation our to flow, reducing XX call to Mike shares adopting a this automation overall on leasing prioritization get efficient success roughly AppFolio freed hours that Canadian to do For Manager, In time has only operations. staff. and maintenance "With up adding and our strive An maintenance Managers Biasio, platform. real Cadence back
and XXXX and which on meeting estate on and strategy, broader SMB will customers both the beyond, enter we elements of a of the swathe mixed to work our complex focus needs market four portfolios. estate with larger interrelated we As real all continue multiyear real of of serving
our expand markets. First,
SMB core We higher on experience are capabilities count we add focused AppFolio's unit growing leveraging market as in customers. our
have go-to-market organized teams types. marketing those types. created workflows main the the By time, We impact we residential varying the community more its strategy. customer shift year-end, capabilities and customers have property clearly the invest across in were same to property support and At association of we and into sales, seeing and
of continue end platform. almost number aspect This our serve estate base of units portfolios, XXXX, touching a every operations. forward, serve we is us millions customer Going had day. we eventually approximately management XX,XXX customers us. metric on and our million We of within every At the X.XX enable for real of our key modern property customers residents thousands to helped existing will of customer types property the diversifying
Second, expand value-added expanding services. by unit customer per retention our average having and an grow revenue
we've and For investing several screening value-added payments, years, services, including in insurance. been
our to workflows attach our to enhance automate designed streamline are unit. AppFolio are to per enable increase these and of that business to essential customers' processes All rate and and
our value-added use we working ahead, investments and and our are expand of Looking partnerships key integrations. services will continue to
Third, make to our products easier use.
gains to workflows Our free by productivity. and software automating efficiency staff delivers increase
As solutions. above insights help realize their this and team to real ensure consistency our that we ultimately greater customers on with our bring valuable provide streamline beyond business. part we transformational we AI work understand we assist into After by trust believe with and invest industry their continue strategy, processes continue customers integrity more dedicated will processes. accuracy in real-world our to business underlying to of as platform. value improve a our estate act customers run AppFolio to data our to to prepared AppFolio technology well business with are to to includes are and which modernize migration, customers' will speed, enabling goes a onboarding improve data help all from customers of problems to performance our their more onboarding Fourth, that with and operations, able
to support four a practices, strategy larger meeting real needs of of through share services. focused portfolios. estate SMB investments our our on of customers dedicate customers estate our value-added customers' mixed the and better. broader and and of with make elements utilization Our swathe guide real both serving we goal on These team insights market All resources can our businesses and the the to our adoption best and multiyear lives ultimate complex
we in calls, Throughout are more and heart our previous and continue our we success, investments believe success growing resources in developing the recently, even and mentioned invested and team. people develop XXXX customer us have AI to product significant of brought we've I to Centrals of our our an to at Ring engineering As to forefront need from We've as name Salesforce, of new lead the the make and organizations. also our talent in a at employer companies and such innovation few market-leading external sales choice. and leadership remain make CX
work our go-to-market to our focus is the and products in results and summary, XXXX, value, the Glassdoor XXXX. and to company the one best to place the as will of results. recognition culture in this in quarter, AppFolio chose to we All and workplace, great our women success, continue our Choice and strategy. has Folio's employees Employees' led demonstrates of a our AppFolio's over the in Fortune our places for fourth financial to revenue-generating of pleased for services, with that on In invest foundations key recognized I'm the detail our work will call I Sien more now turn Fay innovative customers, Awards
