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What is VRTrust?

VRTrust is a comprehensive accounting platform specifically designed for managers of short-term rental properties, accounting teams, and individuals with growing portfolios. This versatile software allows users to manage trust accounting, operational finances, owner statements, bank reconciliations, and financial reports seamlessly through a single interface. The platform simplifies complex accounting tasks, ensures accurate matching of payouts from online travel agencies to bank transactions, and provides detailed tracking of income and expenses for each individual property. Furthermore, it manages owner funds, monitors guest account balances, and maintains an organized general ledger. Its extensive reporting capabilities include profit and loss statements, balance sheets, trial balances, trust reconciliations, lodging tax reports, and in-depth financial analysis tailored to each property. Equipped with features such as bank feeds, automated reconciliation, customizable fees and commissions, multi-property financial reports, ACH payouts to owners, API integration, and AI-friendly workflows through MCP, VRTrust significantly reduces manual data entry and improves the precision of financial information for property managers of all sizes. In addition, its intuitive design and powerful automation features allow teams to prioritize growth while minimizing time spent on administrative duties. Overall, VRTrust not only enhances financial management but also supports strategic decision-making for property managers looking to expand their operations effectively.

What is Ascent AutoRecon?

Reduce excess funds through fully transparent software that offers insightful clarity regarding your financial assets, allowing for more educated decision-making. Mitigate operational risks by utilizing accurate, real-time reconciliations along with extensive statistical analysis. Our unique architectural frameworks allow for the reconciliation of millions of records swiftly and efficiently. The system is designed to optimally utilize resources, featuring a highly scalable and cluster-capable engine that can adapt to various requirements. It is simple to deploy and can be tailored to fit the needs of different organizations. Automate the extraction of data from an array of sources, such as bank files, credit card processors, and Point of Sale systems, creating a solid, error-free environment that emphasizes user satisfaction. Furthermore, improve managerial effectiveness with robust security protocols and easy access controls while also enhancing the overall flow of business operations, ensuring that organizations can function smoothly and effectively. This comprehensive approach not only streamlines processes but also strengthens financial oversight.

Media

Media

Integrations Supported

Airbnb
Authorize.Net
Avantio
Booking.com
Guesty
Hospitable
Hostaway
Hostfully
Lodgify
Mews
OwnerRez
QuickBooks Online
Ramp
Sage Intacct
Smily
Stripe
Uplisting
Xero
apaleo

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

$375/month
Minimum subscription for 25 listings,
Volume-tier discounts for larger portfolios.

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

On-Site Training

Company Facts

Organization Name

VRPlatform

Date Founded

2021

Company Location

United States

Company Website

www.vrplatform.app

Company Facts

Organization Name

Ascent

Date Founded

2013

Company Location

United Arab Emirates

Company Website

www.ascentbusiness.com/bank-reconciliation/

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Cash Management
Expense Tracking
General Ledger
Multi-Currency
Tax Management

Vacation Rental

Fee / Commission Management
Owner Statements

Categories and Features

Accounting

Bank Reconciliation
Nonprofits
Purchase Orders

Reconciliation

Not specified

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