ASSOCIATED PROFESSIONAL SERVICES SELECTS JENARK
ROCKVILLE, Md., August 27, 2008—Jenark Business Systems, Inc., a wholly owned subsidiary of First Advantage Corporation (NASDAQ: FADV) and a leading provider of fully integrated property management and financial accounting software and services to the real estate industry, today announced its selection by Associated Professional Services (APS) to help streamline operations and increase efficiencies for their 550 communities.
APS spent the last few years researching leading software solutions. “We choose Jenark to help automate the more tedious day-to-day processes that are a result of our current system that uses older technology with a separate directory data structure,” said Stephen Jones, manager of APS. “By automating the accounting processes with a centralized database, we are able to save our staff time, automate the bill approval process and accounts receivables as well as export documents faster. What set Jenark apart is their dedication to providing the most advanced property management technology and their partnerships with other leading technology providers. This was key to our decision because we are looking to integrate with some of Jenark’s current partners and form new partnerships,” explained Jones. Another important factor in the decision was the responsive customer service from Jenark’s management, project managers and customer service specialists.
Founded in 1982, APS specializes in serving self-managed communities and provides accounting services to property management companies. “After implementing Jenark, we expect to grow our portfolio more quickly due to the ease of use of the software, the automated processes and the strong accounting solutions that will help facilitate this growth,” said APS owner Neal Chazin.
APS will utilize Jenark’s accounting modules and community association property management database. They will also implement automated lockbox and ACH debit with their present bank, energy management, utility sub metering, Jenark database report and letter writer, the management report job stream for automated board reporting and EZ Image for scanning and document retrieval. “The addition of Jenark’s solutions will greatly enhance operations and help APS achieve their desired business goals,” said Jenark Business Systems Vice President Mark Jennings.
About Jenark Business Systems, Inc. and First Advantage
Jenark Business Systems is part of First Advantage Corporation’s Multifamily Services segment, which assists property owners and managers with resident screening, property performance analytics, property management software and renters insurance services. It was founded in 1987 with the sole mission of providing the most advanced property management technology to the real estate industry. Technological superiority, combined with the most responsive customer service in the industry, has made Jenark the solution of choice for over 250 management companies and self-managed communities nationwide, encompassing over one million units. More than any competitive system, Jenark’s software solutions deliver the performance and functionality that enables communities to maximize customer service, efficiency, productivity and revenue. Additional information is available at www.Jenark.com.
First Advantage Corporation (NASDAQ: FADV) provides innovative products and services that mitigate risk by helping businesses, non-profit organizations and government agencies make more informed decisions. Headquartered in Poway, Calif., the company has more than 4,700 employees in 12 countries that support over 90,000 clients globally. More information about First Advantage is available at www.FADV.com.