Property management for medium-sized businesses

Smart rental payments for your established business

Property management businesses with 201-999 properties

As the head of an established business, you know trust and reputation is everything. See why, since 2004, thousands of property businesses have trusted PayProp to streamline their rental payments, processing over $3.3bn in rent.

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All client stories

All PayProp features with no restrictions

Our platform grows with you, no need to change or upgrade

Mid-sized agencies

Large-scale benefits for medium-sized businesses

Scaling a property management business is challenging enough without having to worry about rental admin. On average, PayProp clients grow 20%* a year without the need for additional staff. Even better, the platform grows with you, so there’s no need to change systems or upgrade as you scale.

Some great medium-sized businesses we work with

Medium-sized businesses love these features

Payment automation

PayProp automatically matches and reconciles rent to the right tenant and property, saving you countless hours. Once rent is received, set PayProp to pay your management fee, contractors, landlords and any other recipients on the same day, based on the rules you set.

Client communications

Never forget to send invoices, statements or receipts again. Automate branded invoices, payment notifications and reminders to your tenants and landlords.

Arrears management

Spot and prevent bad payment behaviour before it becomes an issue. PayProp’s live payment status view shows you the moment rent is late. Send proactive rent reminders via e-mail and text and automatically charge arrears fees.

PayProp is by far the best investment we made for our business. It saved a lot of time and even a whole member of staff became freed up to come back into the frontline! The peace of mind it gives when a key accounts person is off is worth every penny. What used to take 4 to 6 hours manually takes 20 minutes.

Jo Blaise

Massey Property Services

Featured customer stories

How Valor Real Estate Services used PayProp to power through disaster

55+

properties

Lisa Cohen-Adkinson’s property management career began 20 years ago when her employer promoted her to the position of property manager – on the day she was due to start as a broker assistant.

Read the case study

How Hanlyn Property Management brought their rental payment admin down to 1.5 hours pm with PayProp

340

properties

As of August 2020, Hanlyn Property Management takes care of around 340 residential rental units in Hamilton, ON, a city of roughly half a million people at the western tip of Lake Ontario.

Read the case study

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Frequently asked questions for medium businesses

How flexible is the Payprop property management software?

Medium sized lettings agencies move to Payprop because they have outgrown spreadsheets and more basic accounting systems. It can scale with your agency, provides flexible integations with existing systems and is very flexible for financial workflows. Plus you can use Payprop from any device.

How does Payprop help build my Letting Agency reputation?

Many customers choose Payprop becaause it enables them to demonstrate a high standard of professionalism when it comes to financial reconcilliation and management, client communications and audit tracking. Being one of the providers recognised by PropertyMark also gives letting agents the reassurance of high quality service from the system and team behind this property accounting software. Take a look at one of our customer stories.

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How can Payprop supercharge my service levels?

The key features of Payprop are designed to take the adminstration out of property management so that your letting agents can provide the highest level of service to your landlords. Take a look at one of our customer stories.

What is the transition process for embedding Payprop if I already have other systems in place?

When you choose Payprop you will be allocated to a dedicated Account Manager that will create your bespoke transition plan to help make onboarding simple. Becoming a Payprop customer will give you access to the latest property management resources and industry news and we're very proud to provide an award winning service.

What are the reporting features of Payprop?

As businesses start to scale, reporting becomes a crucial part of the lettings agency service. Payprop gives you real time data, management reports and advanced trends analysis and you can find more details about reporting here.