PayProp
The world's leading processor of rental payments.
Overview
PayProp is a unique platform that focuses specifically on automating the rental payment process and trust accounting for property managers. It is a bank-integrated platform that automatically reconciles incoming tenant payments with properties, deducts management commissions, and pays owners and contractors from the trust account. This deep level of automation significantly reduces administrative work and the risk of human error in trust accounting. It provides a complete audit trail and detailed reporting for full transparency.
✨ Key Features
- Automated Rental Payment Processing
- Live Bank Integration
- Automated Reconciliation
- Trust Account Management
- Automated Owner & Contractor Payments
- Full Audit Trail
- Detailed Financial Reporting
🎯 Key Differentiators
- Deep, live integration with banking systems
- Complete automation of payment reconciliation and distribution
- Specialized focus on payment processing and trust accounting
Unique Value: Eliminates the manual work and risk associated with rental payments and trust account reconciliation through deep bank integration and automation.
🎯 Use Cases (3)
✅ Best For
- Property managers looking to automate their entire payment and reconciliation process
- Firms that prioritize trust account compliance and security
💡 Check With Vendor
Verify these considerations match your specific requirements:
- DIY landlords managing their own funds
- Companies looking for an all-in-one solution with maintenance and leasing
🏆 Alternatives
While all-in-one platforms have accounting features, PayProp offers a much deeper and more automated solution specifically for the payment and reconciliation part of the process, often leading to greater time savings and accuracy.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (All clients receive dedicated support tier)
🔒 Compliance & Security
💰 Pricing
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