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What is Hammock?

Managing rent payments for both individual tenants and HMOs has become significantly more straightforward. You will receive notifications for both incoming and missed payments, with rental transactions seamlessly linked to their respective tenants and properties. Hammock allows you to easily reconcile your financial transactions from anywhere, at any time. Automatically generated detailed statements for each property facilitate quick reviews or can be shared effortlessly with your accountant. Hammock transforms individual transaction data into immediate, actionable insights, empowering you to monitor and improve the performance of your investment portfolio. Through the Hammock dashboard, you can effortlessly view real-time key performance indicators for your entire portfolio. Essential information such as your Profit and Loss statement, Loan To Value ratio, and Arrears Balance for each tenant is available with a simple click. Furthermore, Hammock simplifies the process of identifying any approaching deadlines, unexpected expenses, or occupancy issues linked to your properties. This feature keeps you well-informed about which property requires your attention, enhancing your ability to manage your investments effectively. As a result, you can maintain a proactive stance and make well-informed decisions regarding your real estate management, ultimately leading to better outcomes for your portfolio. Moreover, the platform’s user-friendly interface ensures that even those new to property management can navigate and utilize its features with ease.

What is Baselane?

Discover an all-encompassing financial solution that includes banking, bookkeeping, rent collection, and analytics, among various other functionalities. This integrated platform is specifically crafted to enhance your time management while maximizing your returns. With a single solution addressing every facet of your property finances, the stress of managing multiple logins and manual spreadsheets is a thing of the past. You can begin by either securely linking your existing bank accounts or opening a banking account specifically designed for landlords through Baselane. Our landlord financial ecosystem ensures everything is seamlessly integrated for your convenience. With just one click, enjoy the benefits of intelligent categorization using Schedule E and property tags, making your tax preparation much simpler. Gain access to all the essential tools necessary for effective cash flow management, expense monitoring, and insights into your property's performance. Tenants can easily pay their rent directly into your bank account, selecting their preferred payment methods, while you effortlessly track each transaction. Moreover, save both time and resources with tailored mortgage, refinancing, and home insurance options that cater specifically to you and your rental properties. By adopting this cohesive approach, you can significantly improve your overall efficiency in property management while also enjoying peace of mind. This holistic solution empowers landlords to focus on what truly matters: the growth and maintenance of their properties.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$6.91 per month
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Hammock

Date Founded

2019

Company Location

United Kingdom

Company Website

www.usehammock.com

Company Facts

Organization Name

Baselane

Company Location

United States

Company Website

www.baselane.com

Categories and Features

Categories and Features

Bookkeeping

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Collections
Expense Tracking
Fixed Asset Management
General Ledger
Payroll
Revenue Recognition
Spend Management
Tax Management

Business Bank Accounts

Bank Wires
Bill Pay
Billing & Invoicing
Business Credit Cards
Checking Account
Checks
Expense Management
Instant Payouts
No Fee Payments
Rewards
Savings Account
Spend Management

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