U.K.-based proptech software company The Lettings Hub has agreed a strategic collaboration with banking and client accounting service LettsPay.

The deal follows on from three other additional integrations announced by The Lettings Hub in July as it aims to get more agents to use its tenancy management software platform. It now has over 40 products and services integrated into its BOX platform.

LettsPay will provide agents with payment features directly within The Letting Hub’s tenancy management software, BOX. Letting agents using BOX will be able to deal with U.K. and overseas move-in money, rent collection, invoicing and payment tracking, saving them time and ensuring compliance and financial accuracy.

All payment products will be available through BOX with agents able to select which ones they want to use, whether that be covering all parts of their payment and client accounting requirements or just one element such as their holding deposit process.

The first phase of the new product is now live and available via the BOX platform following nine months of planning and development.

LettsPay recently announced a new client account banking service for letting agents and property managers, in partnership with Griffin Bank. The service covers issues linked to non-designated client accounts and client money protection scheme membership.

“The importance of this latest collaboration announcement with LettsPay can’t be overstated, as the new offering is bringing genuinely innovative solutions that create seamless processing flows and increase client money compliance – all whilst significantly reducing administration time for letting agents,” said Heidi Shackell, CEO at The Lettings Hub.

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