Snappt vs. Docuverus: Which is Best For Your Property?

The real estate industry continues to grapple with the constant and evolving threat of fraud. It’s easier than ever to alter documents—and the fakes look almost as good as the real thing.

As the techniques become more sophisticated and online marketplaces make hiring a fraud service effortless, having a document fraud detection strategy is paramount for multi-family property managers.

And choosing the right fraud detection partner is key to protecting your properties, team’s time, and finances. Platforms like Snappt and Docuverus were created to stop fraudsters in their tracks. But how do they stack up against each other?

We’re breaking down the facts about each platform so you can make an informed decision for your business. Let’s take a closer look at how Snappt and Docuverus compare.

Company Overviews

New to Snappt or Docuverus? Get a quick overview of their products and services and what each is known for.

Snappt

Founded in 2019, Snappt is a trusted fraud detection platform specifically designed for the rental housing industry. The platform helps property managers and landlords spot fraudulent documents and prevent fraudulent applicants from becoming bad tenants.

Snappt has analyzed over 13 million documents with an overall accuracy rate of 99.8%, making it one of the most reliable and popular fraud detection solutions on the market.

With a focus on document fraud detection, income verification, and ID authentication, Snappt helps multi-family property managers and rental companies avoid evictions and problematic residents while streamlining the tenant screening process.

Snappt is also SOC 2 Type II-compliant and Fair Housing-safe, so it’s built for speed without sacrificing accuracy or integrity. 

Docuverus

Docuverus is a newer player in the space, founded in 2020 and based in Philadelphia, Pennsylvania. It offers a document analysis tool designed for multi-family operators to detect fraud before it escalates into a larger issue. 

The Docuverus platform focuses on document verification, income validation, and ID checks, with features designed to simplify the rental application process.

Docuverus has a 99.98% fraud detection accuracy rate and identifies fraud in approximately 15% of submitted applications.

However, Docuverus has scanned just over half a million documents. While it’s certainly a strong start, it also means its machine learning (ML) models have had fewer examples to learn from compared to Snappt. And when it comes to fraud detection, fewer examples often mean less accuracy. 

Core Technology and Features

Before you bring on a new fraud detection platform, you’ll want to know how it works and its core features and functionalities. Take a look at Snappt and Docuverus and how they compare.

Snappt

Snappt focuses on fraud detection. But, it goes further than that, offering property managers a complete screening solution that includes ID verification and income validation. 

Snappt’s technology combines advanced AI, deep learning—trained from scanning over 13 million documents—and expert human review. The result? Fast, accurate results that reduce risk and save time.

Every document Snappt reviews is checked against more than 10,000 data points, analyzing metadata, structure, and potential manipulation. Snappt’s ID verification adds another layer of protection, verifying government-issued IDs from 200+ countries with more than 30 checks, including biometric comparison.

And in 2024, Snappt introduced automated income verification. Partnered with Argyle, Snappt connects payroll data or calculates income from documents, reducing manual legwork.

Docuverus

Docuverus focuses on verifying the legitimacy of applicant-submitted documents. Its standout feature is its multi-dimensional metadata analysis—a proprietary technology that inspects multiple layers of document data to spot signs of alteration.

Unlike Snappt, Docuverus separates ID verification from its core platform, offering it as a paid, additional feature. For ID verification, applicants upload a passport, driver’s license, or visa, and the system validates it using image and data checks.

Docuverus also offers automatic income calculation using optical character recognition (OCR) and AI to scan submitted financial documents, like bank statements and pay stubs, and estimate monthly earnings.

Integrations

Switching between multiple software platforms can be a time suck––you need a fraud detection and verification platform that connects seamlessly to your other systems. 

We’re sharing the integrations each platform offers so you can make sure you’re not adding yet another disconnected tool to your tech stack.

Snappt

On top of integrating with 90% of US payroll providers, Snappt integrates with various property management and tenant screening systems, like:

Yardi Voyager. With reliable and trustworthy verification analytics, you can get leases signed faster and turn applicants into residents.

Yardi Breeze. Bring together Snappt’s advanced fraud detection software and independent rental owners and SMB property management companies.

ResMan. Create a frictionless applicant experience while protecting your business from fraud with a 99.8% fraud detection accuracy rate.

RealPage. Prevent fraud and create a seamless experience for applicants and leasing agents by automating workflows.

ResidentIQ. Increase screening decision confidence with Snappt’s built-in fraud detection solution—all in a single platform.

Entrata. Accelerate the leasing process while skyrocketing applicant satisfaction and preventing document fraud.

Plus, with Snappt’s API documentation, you can customize workflows to expand integration options. With solid integrations, you barely need to lift a finger to view fraud detection results. They appear right where you work, eliminating context switching and boosting productivity.

Docuverus

Docuverus integrates with two major rental leasing platforms:

• Yardi
• Entrata

In 2024, Docuverus became a fully qualified Yardi Standard Interface Vendor—it plugs directly into Yardi Voyager via an API. An Entrada integration is also available, allowing users to use Docuverus’s fraud detection inside its leasing platform.

Security and Compliance

Both Snappt and Docuverus meet the gold standard for handling sensitive data with SOC 2 certifications. Here are a few more of each platform’s specific security features. 

Snappt

Snappt is SOC-2 Type II compliant, meaning it follows strict protocols for data security, confidentiality, availability, and processing integrity. This compliance standard is there to protect both client and applicant data from every angle.

At Snappt, all data is encrypted both in transit and at rest. Sensitive information is safe whether it’s being uploaded, reviewed, or stored. And Snappt team members are required to complete security and compliance training, and access to sensitive data is tightly controlled.

Snappt’s system is also built with the Fair Housing Act and FCRA compliance in mind to deliver a fair review process that reduces bias and avoids housing discrimination. 

Additionally, Snappt’s infrastructure is hosted on Amazon Web Services (AWS), adding an extra layer of protection with top-tier security built into the ecosystem. Long story short? Snappt is built to scale securely––and recover quickly if something were to go wrong.

Some of its core security features include:

• SOC 2 Type II compliance
• In transit and at rest data encryption
• Mandatory security training for employees handling sensitive data
• Fair Housing Act and FCRA-compliant review process
• Hosted on secure AWS infrastructure
• Optional document-only verification (no login required)

Docuverus

Docuverus is also SOC 2-compliant and has taken a comprehensive approach to achieve that certification. In partnership with Thoropass, Docuverus examined its entire infrastructure, looking at everything from vulnerability detection to risk management. This helped it meet industry standards for privacy, confidentiality, and operational integrity.

Key Docuverus security features include:

• SOC 2 compliance
• Third-party security testing
• Secure software development practices with vulnerability checks
• Formal risk oversight team for proactive threat mitigation
• Document-only verification (no logins required)

Customer Experience and Support

Great tech is only half the story—responsive, knowledgeable help and support is what brings it to life. Both Snappt and Docuverus come with strong, responsive support teams.

Snappt

At Snappt, customer service is a partnership. From day one, you’ll have access to a dedicated Customer Success Manager to work closely with your team to confirm you’re set up for success and confident using the platform.

Onboarding is quick and efficient, with most accounts and users up and running the very same day. You also get access to customized help and guidance throughout the first 30 to 45 days.

But support doesn’t stop after setup. Snappt’s enterprise-grade customer service program is designed to be proactive––not reactive. Expect regular check-ins, personalized recommendations, and ongoing assistance so your team can make the most out of every feature.

Have a question after the first month? Contact support anytime.

Docuverus

Docuverus also earns its marks for customer service. On review platforms like Revyse, users praise the team’s commitment and helpfulness. For some users, Docuverus’s approachability and willingness to answer multiple detailed questions have been notable. 

Likewise, its onboarding process is straightforward, and the Docuverus team provides hands-on help to ensure your team––especially the leasing staff––is completely comfortable with the platform.

Real-World Results

Want to know how Snappt and Docuverus measure up in the real world? Take a look at some of their real-world results.

Snappt

• 99.8% fraud detection accuracy 
• 8 million scanned documents 
• $509,788,125 bad debt avoided
• 3,091,968 units protected
• 2,093,508 applicants processed

Docuverus

• 99.98% fraud detection accuracy
• Over 500,000 scanned documents
• Fraud is identified in an average of 15% of applications
• Up to 35% reduction in manual income calculation errors

Final Verdict: Which is Right for You?

When it comes to document fraud detection, Snappt and Docuverus offer products that seem similar, but both platforms have their unique offerings. The choice ultimately depends on your business priorities.

Snappt is the way to go for top-notch fraud detection and secure identity verification. Designed specifically for property managers, it offers three different solutions for fraud detection, providing an easy-to-use, comprehensive platform. Snappt is 99.8% accurate, so the chances of a sneaky fake slipping through the cracks are slim.

Snappt’s system is SOC 2 Type II-certified and user-friendly, allowing you to get it up and running in minutes. It also has a dedicated customer support team that can help you implement its software into your current tenant screening process and answer any questions you have.

Docuverus also offers a 99.8% accuracy rate, great security and customer support, and is a good choice for property managers seeking a basic solution for fraud detection. But with a smaller team and limited market presence, it may be harder to scale with Docuversus.

If your primary concern revolves around boosting your defense against fraud and evictions with a tried-and-tested, well-established platform, Snappt stands out as the top pick.