Street.co.uk recently announced a revolutionary new approach to client accounting to help agents efficiently manage payments as property management evolves.
The solution tackles two critical issues for letting agents:
- Access to client accounts
Client bank accounts from UK commercial banks are increasingly hard to come by for letting agents, with current accounts being withdrawn and new accounts harder to open.
- Time consuming payment reconciliation process
Street.co.uk’s solution grants the ability to programmatically handle money, making reconciliation a thing of the past and saving agents significant time.
Street.co.uk’s CRM facilitates the automation of chasing rent, paying contractors and landlords, reconciling payments and much more. Agents will have the capacity to handle more properties as a result of reduced admin time, increasing efficiency for agents and landlords alike.
Heather Staff, co-founder of Street Group, said: “The ability to control and automate the transfer of funds is set to change property management, and Street is pioneering PropTech that will be widely used across the industry for many years to come.
Agents are rightly concerned about losing access to client accounts from their banks, and must find a reliable and future-proof solution to guarantee business in the future.
Automating client accounting allows the agent to take better control of finance management to produce better results for their landlords.”
Find out more about client accounting with Street.co.uk here.
