Key amendments added to Renters (Reform) Bill
Politicians made some key changes to the Renters (Reform) Bill during its committee stage. What are the main additions?
Using PadBoss to scan contractor invoices, your team need only check the details and press a button to load those details directly onto your PayProp account, automatically creating the correct payment instruction to be approved by you.
This ensures that, when the rent is received for that month, the contractor is paid on the same day – or otherwise within the pre-approved agency payment rules, as set up on PayProp.
PadBoss uses optical character recognition (OCR) technology to ’read’ the invoice including the amount, contractor details, the property worked on and the details of the work undertaken.
The app provides PayProp clients with an exclusive dedicated e-mail address to enable contractors to submit their invoices for work done on properties managed by the agency.
Once an e-mail is received, the app converts electronic invoices (JPG or PDF attachments) and creates an online version that the agency’s team can review on PadBoss and publish to PayProp.
Thanks to this latest integration, you can rest assured that your contractor invoices scanned by PadBoss will be 100% accurate, meaning your contractors won’t be over- or underpaid, and the invoice number will be correct, making it easy for them to match your payment to their invoice.
What’s more, the dramatic reduction in the time it takes to process a contractor invoice will not only see your contractors happier as they are paid faster, but also your team as they are released from the tedious task of data entry, giving them more time to contribute to growing your business.
To see PadBoss in action, book a demo with their team today.
Sign up for the month's most important UK private rented sector headlines, curated by us. Lorem ipsum dolor sit amet, consectetur adipiscing elit.