teclet debuts integration with PayProp, the number one automated banking solution for lettings

In a game-changer for the private rented sector, leading lettings platform teclet announced the first ever automated lettings solution that integrates both end-to-end rental payments and property maintenance. 

The payments integration with PayProp provides the final piece in the puzzle for teclet – creating a seamless property management solution for UK letting agents.

The many benefits for teclet customers include:

  • Automated payments – PayProp automates incoming and outgoing transactions in real-time including holding deposits, move-in monies, monthly rental payments, commission and contractor payments
  • Bank integration – PayProp client accounts are bank accounts with 100% live and accurate totals, 100% of the time
  • Automated reconciliation – PayProp enables automatic reconciliation of payments against the right tenant and property 24/7
  • Rent arrears management – Automate arrears reminders and easily access the tenant’s payment history if evidence is needed for a housing court
  • Open banking – Receive pre-reconciled rental payments via instant bank transfer
  • Multiple payment options – Accept new forms of payment including direct debits
  • No more duplicated data entry – Simply enter data into teclet, which shares it with PayProp and other providers including Fixflo  
  • Seamlessly integrated with Fixflo – Teclet customers get this powerful integration, which automates all financial maintenance actions, including importing contractor quotes and invoices 
  • Easy access to rent statements – Landlords can access them instantly through the teclet landlord’s document centre and the PayProp Owner app

“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.”

“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 UK was equally excited. “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.”

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