Unpaid rent doesn't have to be a dead end.
BureauEdge helps property managers use the same credit reporting infrastructure as banks and credit card issuers — improving rent collection and creating real accountability without changing your workflow.
Software integrated
Government-regulated reporting
Enterprise-ready infrastructure
Run your rental portfolio like a credit card or mortgage
Link your lease to your tenant's credit report and history just like a credit card or mortgage. Every lease becomes a tradeline in their credit history.
Open a tradeline for every lease
On-time rent builds real credit
How It Works
- Rent creates a continuous credit tradeline on a resident's consumer credit report
- Payments are reported monthly to major credit bureaus
- Outstanding balances and payment status are visible to future lenders and landlords
- Consumers must give consent to the credit building - see our addendum template to get advance consent
Impact
- Attract reliable residents willing to tie their rental payments to their credit report
- Residents build credit with every on-time payment
- Rent becomes financially accountable, not informal
- Payment behaviour improves because credit is at stake
Open a collections line when necessary
Serious arrears carry real consequences
How It Works
- Collections tradeline is created when you decide that negotiations for repayment are not working
- Severe arrears can be reported with a court order and without a court order
- The collections tradeline is visible to downstream lenders and decision-makers for up to 6 years
- Consumers do not need to give consent in situations of bad debt
Impact
- Credit scores are negatively affected
- Accountability follows the tenant beyond the lease
- Incentivize repayment of arrears even after the lease ends
Designed for responsible reporting
BureauEdge is built to reward positive payment behaviour first. Collections reporting is gated, documented, and verified to ensure accuracy, fairness, and compliance with credit reporting standards.
How It Works
Three simple steps to supercharge your rent management workflow
1
Sync your leases to Openroom
No double entry. We plug in to your property management software and automatically sync your leases and payment history. If you don't use any software, we have a custom import workflow made just for you.
Buildium
Yardi
Payprop
BureauEdge Dashboard
2
You decide who to reward
You can control which residents are eligible for credit building and perks. Open a tradeline for all of your lease or only for those you want to reward.
BureauEdge Dashboard
Rental HistoryCurrent
Rent: $2,134 / month
Last paid: 14 days ago
✓ Last reported: 14 days ago
🎁 Perks Active
3
You decide when to escalate
When rental arrears are starting to get out of control and negotiations are not working, you decide when to add a collections line to your resident's consumer credit report
Rental Debt Ledger
Total Arrears$14,251.00
Rent$2,650.00 / month
Days Overdue127
Reported as collections line
Automated Credit Building For Your Residents
- Every on-time rent payment automatically reported to Equifax
- Help residents build credit history while they rent with you
- Increase resident retention with tangible credit benefits
Perks & Rewards Program
- Access to hundreds of exclusive perks for your residents
- Discounts on moving, insurance, entertainment, and more
- Incentivize on-time payments with tangible rewards
Perks & Rewards Program
Unlimited Severe Arrears Escalation Without Court Order
- Report current residents 4 months past due, to Equifax, without a court order
- Report former residents who left with outstanding debt but you didn't take to court, to Equifax, without a court order
- Beyond rent, this works for utilities, storage, parking, and any other fees agreed on
Unlimited Rental Debt Ledger Filings With a Court Order
- File your Tribunals or Court Orders with rental debt in the last 6 years as a collections line on Equifax
- File becomes searchable within the Openroom Public Record Search engine
- Keep all of the money you recover - no commissions
All in one pricing
Designed for property management teams operating 30 to 5,000 units
Enterprise Plan
BureauEdge
Annual subscriptions that scales by number of managed rental units
Everything included:
Public Record Search for tenant screening
Legal Research within proprietary database
See up to 100 results per search query
Unlimited filing of Rental Debt Ledgers
Auto combo search for 1000s of common nicknames in Public Record Search
Priority member support via email or phone
Credit building opportunity for your residents
100s of retailer perks for your residents
Rental debt reporting without a court order (e.g. utilities, parking, storage) on Current Tenants
Rental debt reporting without a court order (e.g. utilities, parking, storage) on Former Tenants
Integration into property management softwares (e.g. Yardi, Buildium, PayProp)
Custom domain, marketing materials, and more
Book a Demo
Get a quote based on your portfolio size
Common Questions
The top 3 areas where Openroom is differentiated amongst other teams:
First - Openroom is a pioneer. We started the movement for transparency and crowdsourcing orders. We operate the Public Record Search for tenant screening with proprietary data and the most relevant data that no other platform has. If they claim they have 'eviction history', you should question what it is and where they are getting it from. You may use other software ontop of Openroom but not without.
Second - Openroom is rooted in innovative product experiences. We've built a system of reporting rental history based on nuances we've learned after testing with our own credit histories. We know exactly which line in the consumer credit report a record lands and how it'll look. Some teams may tell you they reported the data but you should always question 'which section of the credit history did it go to?'. It matters because it affects a credit history differently. It's very complex! But we know the ins and outs of what we've built so that you can be confident in what you signed up for.
Third - Openroom is more than software. We educate on rental housing, we advocate for better housing initiatives, and we are your like your neighbours next door. When you call in to Openroom, you receive priority service. If we don't know a question, we will hunt it down, make referrals, and go beyond to make sure you have what you need to succeed. Let's be honest, we're a small team, we can't afford to not give you the best.
We want you to choose Openroom because you believe in the future of a transparent and connected rental ecosystem we're building. But at the end of the day, we're also not afraid to let you know when we're not a good fit for you.
Another service may not do everything Openroom des today, and you may think about moving to us. In those cases, we'll assist in migrating your residents and your team to Openroom. We have a checklist of what you'll need and we'll go step by step to ensure a smooth transition.
BureauEdge integrates seamlessly with Buildium, Yardi, and Payprop. Simply export your rent roll and payment data, and our system automatically populates your dashboard. We support CSV imports and can set up automated data feeds for larger portfolios. BureauEdge members have the option of Openroom automating your monthly sync for you, or you can choose to do it yourself.
Yes, but only for positive credit building (i.e. on-time payment reporting) and it's actually not needed when payments ends up in arrears. Resident's consent to opt in is required for credit reporting as a tradeline in compliance with the Consumer Reporting Act and regulations.
BureauEdge members have access to automated consent request dashboard to assist with consent if you didn't get advance consent in a lease addendum. We handle all compliance requirements to protect both you and your residents.
For the future, we heavily advise you to add a lease addendum to your future leases so you get advance consent - whether you do credit building for your residents or not. Openroom has suggested lease addendum clauses which you can revise or add to your standard lease agreements.
Tenants with on-time payment history gain access to hundreds of exclusive perks. The perks program is designed to incentivize positive payment behaviour. You can see all of our Rewards Network Partners before you join us.
Your BureauEdge annual subscription includes unlimited rental debt tracking, credit bureau reporting for both on-time and delinquent payments, the resident perks program, court order integration, PM software sync, real-time dashboard access, automated interest calculation, and priority support. For larger teams, there is an option of setting up a custom domain so your residents see your brand upon sign in.
Most teams are fully operational within 1-2 weeks. This includes data syncing, team training, and consent collection. Your dedicated account manager will guide you through every step of the process to ensure a smooth set up.
Transform Your Rent Management Today
Join hundreds of property managers who have streamlined their workflow, improved tenant retention, and recovered rental debt with Openroom's BureauEdge services.
Software integrated
Government-regulated reporting
Enterprise-ready infrastructure