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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 Statement Zen?

Statement Zen is a digital tool designed for the effective management of accounts payable, particularly focused on reconciling supplier statements with ledger entries. Users can easily forward statements to a specific email address, allowing the software to smartly extract necessary details and align the entries with those recorded in the ledger. The intuitive dashboard presents discrepancies clearly, identifying issues such as missing ledger entries or differences in amounts, dates, or references, while also consolidating matched items for better understanding. An automated balance verification function ensures that the sum of the opening balance and the transactions on the statement corresponds with the specified closing balance. Furthermore, Statement Zen provides smooth integration with Xero and QuickBooks Online through read-only access, while Viewpoint Vista shares payable data via its Workflow Notifier; additionally, other accounting platforms can connect through the Statement Zen API. The software is compatible with various formats, including native-text, scanned PDF statements, CSV files, and spreadsheets, making it versatile for different user needs. Designed with bookkeepers, accounts payable teams, and accounting firms in mind, it significantly streamlines the reconciliation process, enhancing efficiency and minimizing errors. Ultimately, Statement Zen not only boosts financial accuracy but also optimizes the workflows of teams managing accounts payable functions, paving the way for better financial management practices.

Media

Media

No images available

Integrations Supported

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

Integrations Supported

QuickBooks Online
Xero
Viewpoint Vista

API Availability

Has API

API Availability

Has API

Pricing Information

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

Pricing Information

$99/month
The Starter plan is $99 per month when billed monthly, or $79 per month with annual billing ($948 per year). It includes up to 100 statements per month. A free plan covers 25 statements per month.
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

VRPlatform

Date Founded

2021

Company Location

United States

Company Website

www.vrplatform.app

Company Facts

Organization Name

Statement Zen

Date Founded

2011

Company Location

Australia

Company Website

statementzen.com

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

Accounts Payable

Not specified

AP Automation

Not specified

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