Home » News » Payments and lettings platform integration is a sector-first

Payments and lettings platform integration is a sector-first

Lettings platform, teclet, and automated payments system, PayProp, have created an end-to-end property management solution for the lettings sector.

The Negotiator

lettings platform

In a game changer for the private rented sector, leading lettings platform, teclet, has completed the final piece of the puzzle in the creation of the first automated lettings solution that integrates both end-to-end rental payments and property maintenance.

The proptech firm’s existing link with Fixflo means this is now the only platform on the market to provide a full suite of property management solutions in one place.

The raft of automated features now available to customers include bank account integration, payment reconciliation, real-time incoming and outgoing transactions, rent arrears management and maintenance invoices.

“The seamless integration with PayProp is the latest step in providing teclet’s clients with even greater automation through best-in-class providers,” says teclet Commercial Director, John Evans.

“We had already announced our partnership and integration with Fixflo on property maintenance, and this latest integration now provides complete end-to-end and ongoing automation of the lettings and management process – we feel it is a real game changer for the industry.”

Evans adds: “Using our modular solutions to their maximum, letting agents can now automate over 80% of the lettings, accounting and management process, increasing productivity and compliance and raising the bar in terms of consumer engagement and service.”

André Holtshausen, CEO of PayProp, comments: “The full two-way seamless integration with teclet is undoubtedly a ground-breaking solution, particularly when combined through the teclet platform with other best in class providers such as Fixflo.”

“PayProp is the industry leader in automated client account payments, and this development further strengthens that with an increasing focus on partnerships and integrations.”

This latest proptech integration removes yet another data entry task for agents using the lettings platform, as any information entered into teclet will be shared with PayProp and other providers including Fixflo.

July 9, 2021

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