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Description
Handling rent payments for both individual tenants and HMOs has reached a new level of simplicity. You will receive alerts for incoming and overdue payments, with rent transactions seamlessly connected to the respective tenants and properties. Hammock enables you to effortlessly reconcile your financial transactions anytime, anywhere. Detailed statements for each property are generated automatically, allowing for quick reviews or easy sharing with your accountant. Hammock converts data from individual transactions into immediate, actionable insights, enabling you to track and enhance the performance of your investment portfolio. With the Hammock dashboard, you can access real-time key performance indicators of your entire portfolio at a glance. Your Profit and Loss statement, Loan To Value ratio, and Arrears Balance for each tenant are readily available with just a click. Hammock also makes it simple to identify any upcoming deadlines, unexpected costs, or occupancy challenges associated with your properties. This ensures that you are always informed about which property needs your focus, helping you to manage your investments more effectively. In this way, you can stay proactive and make informed decisions regarding your real estate management.
Description
PayProp is an automated platform for real estate agents. It is simpler and more powerful than traditional software vendors and banks. PayProp was born in 2004 out of frustration with the fragmentation, lack of trust and complexity of payments in the residential rental sector. We built on GivenGain's platform to create a solution that automatically collects rent payments from tenants and seamlessly pays agents' commissions, property owners, third parties, and other property owners directly into their bank accounts. PayProp eliminates inefficiencies and lowers administrative costs per transaction. It also applies leading technologies to automate entire processes. PayProp's advanced technology allows property managers to collect and reconcile all payments.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Mailchimp
No
Property Inspect
No
Pricing Details
$6.91 per month
Free Trial
Yes
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Hammock
Founded
2019
Country
United Kingdom
Website
www.usehammock.com
Vendor Details
Company Name
Humanstate
Founded
2004
Country
United Kingdom
Website
www.payprop.com
Product Features
Product Features
Lease Management
Billing & Invoicing
Yes
Commercial Leases
No
Contact Management
Yes
Landlord Database
Yes
Lease Classification
Yes
Portfolio Management
Yes
Property Management
Yes
Residential Leases
Yes
Retail Leases
No
Sublease Management
Yes
Tenant Database
Yes
Real Estate Property Management
Billing & Invoicing
Yes
Commercial Properties
No
Contact Management
Yes
Credit Check
No
Expense Management
Yes
Insurance Management
No
Landlord Database
Yes
Late Fee Calculation
Yes
Lease Management
Yes
Maintenance Management
Yes
Owner Portal
Yes
Payment Processing
Yes
Portfolio Management
Yes
Rent Tracking
Yes
Residential Properties
Yes
Tax Management
No
Tenant Database
Yes
Tenant Portal
Yes
Vacancy Tracking
Yes
Website Management
No
Real Estate Transaction Management
Accounting
No
Appointment Scheduling
No
CRM
No
Commission Management
No
Contract Management
No
Critical Date Alerts
No
Document Templates
No
Electronic Signature
No
File Sharing
No
Task Management
No
Transaction Review
No
Rental Property Management
Credit Check
No
Expense Management
Yes
Online Payments
Yes
Owner Portal
Yes
Tax Management
No
Tenant Management
Yes
Tenant Portal
Yes
Tenant Screening
No
Vacancy Tracking
Yes
Website Management
No
Trust Accounting
Accrual Accounting
No
Activity Tracking
Yes
Asset Gain & Loss Reporting
No
Check Writing
No
Compliance Management
Yes
Cross Ledger Posting
No
Customer Statements
Yes
Fee Calculation & Posting
No
Receipt Management
Yes
Tax Management
No
