DepositCloud
Every deposit option in one move-in task
DepositCloud puts the cash deposit, a Thriver deposit waiver, and Deposit Plus in a single move-in checklist task, each priced before the resident lands on it. DepositCloud's compliance engine applies state, county, and city deposit rules, posts the deposit to your PMS, and takes cash management off your team's plate.
- Cash, waiver, or Deposit Plus in one task.
- Deposit rules applied by state, county, and city.
- Existing residents' deposits move over too.
About DepositCloud
DepositCloud builds a unified deposit management platform, covering cash deposits, installment plans, and deposit alternatives in one system for property owners, operators, and residents.
FAQ
DepositCloud is a security deposit management platform. It collects and holds cash deposits, offers deposit alternatives, applies local deposit laws, and handles move-out refunds and statements, so your team doesn't manage deposit cash.
When a resident reaches the deposit task in the Venn move-in checklist, they see the cash deposit and any alternatives they qualify for, already priced. They pick one and pay in the same task, and DepositCloud posts the deposit to your PMS.
Deposit Plus combines a smaller refundable cash deposit with a waiver premium, so the property gets higher total coverage while the resident pays less up front than an all-cash deposit. At move-out, the cash is applied first.
Residents can pay by ACH, credit card, Venmo, Google Pay, Apple Pay, PayPal, Cash App, cash, or check.
Yes. Its compliance engine applies state, county, and city deposit rules, including required interest and caps on total deposits, and tracks move-out disclosures, notices, and deadlines.
When DepositCloud starts at a community, existing residents' deposits move onto the platform without changing their lease, so the operator is out of deposit cash management right away.
They only see the cash deposit, so there's no decline moment.