PayProp automates Property Simple's rental transactions and back-office

TORONTO - Rezul -- PayProp, a global cloud-based platform for the property management industry, has been selected to automate the rent collection, reconciliation, outgoing payments, client communications and landlord reporting for Property Simple.

PayProp offers rental payment processing and back-office automation to property managers of all sizes. PayProp's platform is bank-integrated, allowing secure and efficient management of all rental transactions – from rent collection and reconciliation to arrears tracking, pay-outs and reporting – with 100% accuracy.

Property Simple is a full-service property management company in Ottawa, Ontario, providing services such as tenant screening, property inspections, rent collection and financial reporting.

Chris Montague, Darcy Whyte and Curtis Murphy, co-owners of Property Simple, were looking extensively for a cloud-based solution to help with administrative tasks, one that matches their own service standards, when they discovered PayProp.

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Chris says that with the help of PayProp, "It's a matter of two clicks and I can see who's paid and who hasn't, I can send out notifications with the automation feature, and all of our landlords are happy because every statement they get is detailed."

"With PayProp doing all of this on the back-end, it's removed that administrative burden from us, and as we grow in size, it's just going to make our lives much easier administratively."

"We are thrilled to work with Property Simple, to help them continue with their fast growth by automating their rental accounting, delivering faster pay-outs to their clients, and providing communication and real-time reporting to tenants and landlords," says Tom Samodol, Director, PayProp.

About Property Simple

Property Simple helps renters and home owners find the perfect place to call home, from heritage styled apartments in historic areas of cities to amenity filled high-rises and family-oriented townhomes. As the name suggests, they offer professional property management made simple and stress free, treating landlords' investments as if it's their own home.

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To learn more about Property Simple and their property management services, including a free evaluation on what your rent is worth, please visit propertysimple.ca

About PayProp

PayProp was launched in 2004 and has quickly grown to become a leading property management platform serving a large and diverse customer base of property managers and agents. PayProp sets the standard for speed and accuracy of transaction processing, posting, reconciliation and pay-outs, offering property managers complete transactional control and regulatory compliance.
PayProp is part of the Humanstate Group, an international private technology services group with subsidiaries in the United Kingdom, Canada, Switzerland and South Africa.

Visit payprop.ca to learn more about the revolutionary technology that has become a leader in rental payment processing and back-office automation for the property management industry.