Would your CRM's accounting system keep up if you had to scale your agency tomorrow and take on 500 more properties? If even the thought of it sends shivers down your spine, it's time to consider a solution built for expansion.
LettsPay revolutionises property management finances by automating rent collection, reconciliation, and landlord payments, eliminating manual errors and compliance headaches.
LettsPay automates rent collection, reconciliation, and landlord payments in your CRM. In its partnership with Arthur, LettsPay provides letting agents with a fully automated, compliant, and hassle-free client accounting solution. It also handles all a property manager's manual processes to eliminate reconciliation errors and compliance worries.
Many agents find themselves bogged down in the tedious and time-consuming process of manual financial reconciliation. Weeks are often consumed by cross-referencing spreadsheets and chasing outstanding payments. This outdated approach drains valuable time from your schedule and diverts your attention from more strategic and impactful tasks, such as building client relationships or expanding your portfolio. LettsPay aims to reveal the significant potential for increased efficiency with automated, streamlined solutions by highlighting the hidden cost of these manual processes.
LettsPay ensures full compliance with industry regulations, including client money protection, AML, and PEP checks. Most CRMs don't have automated PEP and sanction checks, putting agents at risk, but LettsPay can give property managers confidence.
How do you currently ensure funds are properly ring-fenced for each landlord? Do you manually separate them, or does your system automate it? LettsPay provides individual landlord wallets, preventing the commingling of funds.
Most CRMs will struggle with large-scale automation, but LettsPay scales effortlessly. From rent collection to landlord payments and everything in between, it automates the entire process in real time, saving you days of work every month. Using a system built on old processes can set you back, whereas using automated systems saves time.
Have you ever had landlords complain about delays in receiving their rent payments? LettsPay offers real-time transactions, which means no delays and no batch processing. Agents can access 24/7 payment processing as part of LettsPay, meaning they can make payments outside of regular banking hours, plus ring-fenced client accounts keep landlord funds completely separate, avoiding risk.
LettsPay is the only client accounting platform that allows agents to earn interest on held funds, turning client money management into a profit. So you are not only saving time and money but also earning from every rent payment.
In today's fast-paced property management landscape, relying on outdated or inadequate financial systems can severely hinder your agency's growth and expose you to unnecessary risks. Arthur's integration with LettsPay offers a future-proof solution, automating complex financial processes and ensuring compliance.