Two PropTech suppliers have announced their products will integrate in order to, in their words, “dramatically reduce reporting and end of tenancy admin.”
The Depositary, run by high-profile agent Kristjan Byfield, is integrating with Inventory Hive in a move which they say will align paperless reporting software with an end of tenancy experience that will drastically cut letting agent admin time – and better protecting tenants and landlords, too.
“There are few things more thankless than the tenancy conclusion process. We but The Depositary to save agents time and stress whilst delivering a first class experience for tenants and landlords. Our integration with Inventory Hive is another leap forward in this regard – streamlining the process even further and removing the need for duplicated data entry and the risk of human error” explains Byfield.
“This underlines our commitment to deliver a market-leading solution through powerful integrated partnerships. We estimate this integration will save an agent 15-20 minutes per tenancy on top of the two-hours work we already save them” he adds.
The services say the benefits of the integration include check-out descriptions and photos for items requiring deposit deductions being automatically uploaded from Inventory Hive to The Depositary, and similar automation for check-out report files and check-out meter reading data and photos.
Items requiring deductions are also automatically referenced
“Since launching just over four years ago we’ve been on a mission to make unnecessary disputes a thing of the past, whilst also pushing the boundaries of innovative features that make inventory reporting transparent and far more efficient” says Inventory Hive chief executive Richard Abbots.
“This integration will allow check-out descriptions and photos captured via our App to be passed through to The Depositary effortlessly. This solves the age-old admin headache of re-typing and double entry” he adds.
Meanwhile Steve Harriott, chief executive of The Dispute Service comments: “We’re delighted to see two of our key partners linking up in this way. We know that inventories are key to reducing the numbers of deposit disputes. [This] … will mean fewer disputes between landlords and tenants and a faster end of tenancy process.”
This post has originally been featured in Letting Agent Today.