Rapid City, South Dakota, October 22nd / PRNewswire / -- Property Meld indicates that TrueCost and MAX ™ Verify have been launched, which represent one of the most significant expansions the company has made to date in terms of agent-based intelligence and financial capabilities. These two initiatives combine powerful intelligence with execution capabilities to help operators identify high-cost oversights, reduce maintenance waste, and protect the profitability of their portfolios.

Maintenance waste in property management has been a major blind spot since the inception of the industry. Identifying unnecessary expenses, verifying fair maintenance costs, and making informed financial decisions have traditionally relied on extensive industry experience, deep market knowledge, and senior staff. Due to the lack of systematic approaches to address these challenges, costly oversights may go undetected for a long time, quietly eroding profitability and property performance.

For many years, Property Meld has been working to change the way maintenance tasks are handled, from more intelligent ticket management and communication to faster repairs and a better experience for residents. In this process, the company has built a unique and powerful resource: a vast, proprietary, and highly structured maintenance data warehouse that records how repairs are diagnosed, executed, and resolved. Based on this foundation, the company is now able to address one of the most persistent challenges in the industry, bringing new levels of financial intelligence and optimization to property maintenance.

Property Meld, Chief Executive Officer and Co-Founder, stated: "Our team has been working behind the scenes for many years to present this deeply maintained data in a way that customers can truly utilize. It's really hard for me to remain silent all the time." TrueCost and MAX Verify have turned one of the most difficult parts of coordinator work into a kind of 'superpower.' And this is just the first step in the many ways we will integrate MAX Intelligence into various aspects of property maintenance operations."

Property Meld New features added to the platform include:

• Review & Verify: Set up a dedicated checkpoint between the completion of repairs and closure to assist coordinators in identifying missing costs before the financial closure of work orders, confirming whether the work is completed, and addressing any unresolved details.
• TrueCost Billing: For operators that charge owners, integrating verified maintenance costs into a simplified billing process helps to avoid missed charges and improve cost recovery.
• TrueCost Insights: Enhance the visibility of maintenance expenditures and provide financial reports designed to support third-party property management companies and self-owned property owners' operators.

The expanded MAX Intelligence and Property Meld Ops include:

• Enhanced Cost Projections: Provide a more accurate estimate of maintenance costs before assigning tasks, helping the team to identify potential overspending earlier.
• MAX ™ Verify: By conducting 47 checks covering manual work, invoices, pricing, documentation, and other maintenance details, completed repairs are automatically reviewed to identify potential issues that require attention, without the need for coordinators to manually check each record one by one.
• MAX Analysis Enhancements: Expand the analysis of MAX to include financial performance, to help operators identify patterns and opportunities in order to improve the maintenance results within their portfolios.

TrueCost is designed to support various property maintenance operations, whether in collaboration with third-party management companies or when owners manage their assets themselves. Early customer experiences have shown that enhanced financial intelligence can reveal more information under these different models.

Home Forward Maintenance Director Charles Powell stated: " True Cost has completely changed the way we understand maintenance expenses. In the past, we relied on invoice data, but now we track the actual receipt costs from suppliers, which gives us a more accurate understanding of the situation. This is a wake-up call. We quickly realized that our expenses were much higher than our charges, and without this visibility, we would never have noticed it."

This release marks an important step forward for Property Meld in its vision for intelligent property maintenance and operations: the information captured during each maintenance process can drive more informed decision-making and better financial outcomes.

TrueCost and MAX Verify were launched in phases starting from October 20th, initially targeting customers of Property Meld who have integrated with AppFolio. More property accounting integrations and account configurations will be introduced subsequently. Advanced MAX Intelligence features, including MAX Verify and TrueCost Insights Pro, can be accessed through Property Meld Ops.

For more information, please visit the TrueCost overview at Property Meld.

About Property Meld

Property Meld is a property maintenance and operation platform designed to improve maintenance efficiency, visibility, and performance. Through interconnected workflows, communication, and performance data, Property Meld helps property managers provide a better maintenance experience while protecting the performance of assets.

For more information, please visit www.propertymeld.com.

Contact persons: Molly Sperlich - Best, Property Meld