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What is PayProp?

PayProp serves as an automated solution for real estate professionals, offering a more efficient and robust alternative to conventional software providers and banking systems. Established in 2004, it emerged from a desire to address the disjointed nature, trust issues, and complexities associated with payments in the residential rental market. By leveraging GivenGain's platform, PayProp facilitates the automatic collection of rent from tenants while ensuring that commissions and payments to property owners, agents, and third parties are directly deposited into their bank accounts. This innovative platform not only streamlines processes but also significantly reduces administrative costs for each transaction. Utilizing cutting-edge technology, PayProp automates entire workflows, enabling property managers to efficiently collect and reconcile all financial transactions. Ultimately, PayProp represents a transformative advancement in the real estate industry's approach to payment management.

What is InnoTrust?

Innovest's flagship solution, InnoTrust, transforms the operational landscape for trust companies, banks, private banks, retirement plan managers, and similar organizations by streamlining their accounting and reporting requirements related to trust assets, wealth management, and retirement accounts. Built with modern web services and API capabilities, our service allows for seamless integration with external software and in-house systems, all while ensuring that users can easily navigate and access customer information. InnoTrust features a comprehensive suite of portfolio management tools, including rebalancing options, trade blotters, trade order management, and detailed performance reporting. Furthermore, we provide complete principal, income, and tax lot accounting services, along with efficient cost basis tracking and an advanced Tax Reporting feature that automatically produces essential documents such as 1099s, 5498s, and tax worksheets. Our platform also comes equipped with functionalities for exception tracking, customizable Q&A sections, and follow-up tickler reminders, all aimed at optimizing user workflows and improving operational efficiency. In summary, InnoTrust not only enhances the management processes of financial institutions but also fosters a greater sense of control and transparency in overseeing trust and retirement accounts. By choosing InnoTrust, organizations position themselves at the forefront of innovative financial solutions.

Media

Media

Integrations Supported

Mailchimp
Nexus by Landlord Studio
Property Inspect

Integrations Supported

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

On-Site Training

Company Facts

Organization Name

Humanstate

Date Founded

2004

Company Location

United Kingdom

Company Website

www.payprop.com

Company Facts

Organization Name

Innovest Systems

Date Founded

2000

Company Location

United States

Company Website

www.innovestsystems.com/innotrust/

Categories and Features

Lease Management

Billing & Invoicing
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Sublease Management
Tenant Database

Real Estate Property Management

Billing & Invoicing
Contact Management
Expense Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tenant Database
Tenant Portal
Vacancy Tracking

Rent Payment

Not specified

Rental Property Management

Expense Management
Online Payments
Owner Portal
Tenant Management
Tenant Portal
Vacancy Tracking

Trust Accounting

Activity Tracking
Compliance Management
Customer Statements
Receipt Management

Categories and Features

Trust Accounting

Asset Gain & Loss Reporting
Fee Calculation & Posting
Tax Management

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