FOR IMMEDIATE RELEASE:

CINC launches industry’s first innovation lab, The CINC Tank, to help further innovate the association management industry.

Duluth, GA – CINC, a leading provider of software and services for the association management industry, announces the launch of The CINC Tank. The CINC Tank is an innovation hub for association management leaders to partner with CINC on developing products and services that move the industry forward.

The CINC Tank process is divided into three simple phases – ideate, incubate, and innovate. First, CINC has developed an internal team to ensure ideas received from partners, industry trade organizations, and research and development have broad usage potential that benefits the industry.  If so, the idea will move into the tank where it becomes a developed concept incubated and tested by a committee made up of select CINC customers. Once a concept has been validated and tested, the concept moves into the final phase, innovation, where the concept becomes a product and offered to CINC’s customers.

“This industry has so many smart people with such good ideas.  At CINC, we have reached a size where we believe we can deliver on their ideas in a way the industry hasn’t experienced.  The CINC Tank is the beginning of that,” says Ryan Davis, CEO of CINC Systems. “We believe that by providing a platform for collaboration and innovation, we can create solutions that will enhance the living experience of millions of people. The CINC Tank is a step towards our vision of creating a world where communities are managed efficiently and effectively.”

Over the past year, CINC has released more than 80 products and product enhancements, including a reservations module, a payment option for miscellaneous items, and an accounts payable product, CINC VendorPay, allowing customers to pay vendors through any format inside of CINC.

At CAI National in Dallas, CINC Systems revealed their latest innovation in the CINC Tank, CINCit, an artificial intelligence (AI) chatbot. The concept chatbot allows community managers to ask about violations, work orders, and owner balances, all within the CINC Manager app. CINCit is currently undergoing customer validation and testing.

The CINC Tank is open to industry leaders, partners, and developers who are passionate about creating innovative solutions. For more information, visit https://www.cincsystems.com/cinctank.

About CINC Systems

CINC Systems is the largest provider of SaaS solutions for the community association industry. Founded in 2005, CINC Systems became the industry’s first Internet-based integrated accounting and property management system. CINC Systems is backed by founder Bill Blanton, a third-generation banker, and Spectrum Equity. The company serves more than 30,000 homeowners associations and 3 million homes. Learn more at www.cincsystems.com.