#United States #Newport Beach #SaaS Platform #Tenant Inc. #Platinum Storage

Tenant Inc.'s Driving Impact on Platinum Storage Group

Tenant Inc., a pioneer in the self-storage industry with its all-in-one Vertical SaaS platform, has made significant strides in the past two years. This innovative platform has been instrumental for Platinum Storage Group in modernizing their operations and achieving remarkable growth. By addressing core operational challenges, the technology suite has resulted in measurable success across Platinum's extensive portfolio of over 40 facilities.

Quantifiable Success

Using Tenant Inc.'s platform has helped Platinum Storage Group achieve notable improvements in various key performance indicators:

• - Portfolio Occupancy: A reported increase of 6.2% since the deployment of Tenant Inc.'s streamlined rental and marketing tools in March 2023.
• - Tenant Protection Enrollment: A robust 12.6% expansion in enrollment, a direct result of the seamless integration offered by the Tenant Inc. platform, contributing to enhanced ancillary revenue.
• - Tenant AutoPay Adoption: An impressive 12.7% rise in users adopting AutoPay, facilitated by a user-friendly portal and automated reminders which have subsequently improved cash flow for the group.

Dane Elefante, the Chief Operating Officer at Platinum Storage Group, expressed the positive impact these developments have had on their operational efficiency. He remarked, "Partnering with Tenant Inc. has directly improved our key performance metrics. The significant lifts we're experiencing in portfolio occupancy and the adoption rates for both tenant protection and autopay confirm the platform's efficiency in streamlining our revenue drivers."

Enhanced Insights Through Technology

The integration of Google Analytics within the Tenant Inc. platform has further empowered Platinum Storage Group by providing vital visibility into leads, encompassing channel sources and dynamics. This allows the company to analyze and assess the marketing KPIs essential for driving new business to their facilities.

The continuous updates and feature enhancements from Tenant Inc. have been vital in maintaining a competitive advantage, ensuring that Platinum Storage Group can operate more effectively while better serving customers, managing third-party clients, and attending to investor interests.

About Tenant Inc.

Tenant Inc. specializes in providing comprehensive technology solutions for self-storage operators, offering a cloud-based platform that encompasses property management software and a range of digital services. Their flagship product, the Hummingbird Property Management Software (PMS), plays a crucial role, integrating website management, automation, digital marketing, and operational oversight into a single system. This architecture facilitates operators in enhancing their digital presence, refining workflows, bolstering tenant interactions, and making informed business decisions based on data analytics.

In a recent statement, Lance Watkins, CEO of Tenant Inc., highlighted their commitment to supporting clients like Platinum Storage Group. "We deeply value our partnership with Platinum Storage Group and celebrate their achievements over the past two years. Their success in leveraging real-time data to boost occupancy perfectly illustrates how our platform empowers businesses in today's competitive landscape."

About Platinum Storage Group

Founded in 1999 by Skip Elefante, Platinum Storage Group operates as a commercial real estate company specializing in self-storage. Currently, they manage approximately 3.1 million square feet of storage space across more than 40 locations in the United States. With a strong reputation as a Top Operator, Platinum utilizes a scalable platform to not only enhance their properties but also offer comprehensive management solutions for third-party owners.

For those interested in learning more about Tenant Inc., additional information can be found on their website tenantinc.com.

Likewise, insights about Platinum Storage Group can be accessed through their website platinumstorage.com.