PayProp Review - why 4 stars?
Compare Pricing
| ITQlick Score: | 84/100 |
|---|---|
| ITQlick Rating: |
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| Pricing: | 2.6/10 - low cost |
| Category: | Property Management -> PayProp review |
| Ranking: | Ranked 20 out of 124 Property Management systems |
| Company: | PayProp |
| Typical customers: | SMBs |
| Platforms: | Cloud |
| Links: | PayProp pricing, PayProp alternatives |
Shlomi Lavi / updated: May 21, 2022We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
Table of Contents
What is PayProp?
PayProp is a property management software designed to simplify rent collection and payment. The software is integrated into the UK banking system; hence, this makes landlord and tenants account balances updated accurately. It also has an automated system that processes invoices, confirms payment, and calculates rent duration based on the rules set by a user.Some of the key features on PayProp are live arrears management, automated reconciliation & outgoing payments, portfolio overview, and reporting & communication. The software company, PayProp®, is an information technology & services company with a workforce of over 30 employees. The company was founded in 2004 and is based in Sevenoaks, Kent, United Kingdom. PayProp was announced the winner of the Gold Trust Service Awards from Feefo in 2019.
Who is it best for?
The typical customers include the following business size: SMBs.What is the actual cost?
ITQlick pricing score is 2.6 out of 10 (10 is most expensive). Access ITQlick pricing guide for PayProp. You can also find here pricing information from PayProp's website.Pros
- PayProp automates the entire processes involved in reconciliation and payment collection
- The software reporting is extensive, actionable, and easy to understand
- Their customer support service is superb
- The linkage to properties and payments is straightforward and accurate
Cons
- It takes a fair bit of time to set up
- There is no option to share documents with other systems for now
How it stacks up?
Access a head to head analysis of PayProp vs alternative software solutions. ITQlick rating
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PayProp
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4.6/10
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Frequently Asked Questions (FAQs)
Is PayProp right for you or your business?
PayProp is fit for small and medium-sized business enterprises that are into property management. The software can be utilized by letting agents, landlords, and real estate agents. Some of such enterprises using the software are Pam Golding Propertied, CHAS EVERITT International Property Group, and Pearl Valley Golf Estates.List of categories
Property Management
Property Management - Apartment
Lease Management
Property Management - HOA
Property Management - Rental Property
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.