From XU Magazine, 
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Benefits of having a live bank feed integrated with your property management software

Here at Arthur, we are continuously looking to improve our service offerings to our clients. As part of this mission, we are proud to release a live bank feed that directly integrates with our software, making us the only full suite property management software to have this functionality.

Our new live banking feature can help you streamline your accounting and manage your portfolio finances more efficiently.

Discover the benefits of having a live bank feed directly integrated with your property management software.

Everything you need in one place

By having the live bank feed integrated into Arthur, all the information you need is readily available on our platform giving you full visibility of your business in one place.

When information is stored in different systems, it takes longer to manage and source the data needed, which costs your business valuable time and money.

You and your team will be able to easily access essential business information from one place anywhere, anytime, meaning you will no longer have to pull data from different systems. This not only improves efficiency but also reduces the risk of human error.

Flexibility

If the outbreak of coronavirus has taught us anything, it’s that it’s important that your business is able to adapt to change quickly. If you are still using inefficient systems and processes then you won’t be able to react quick enough to change and will consequently fall behind.

Having your business’s critical information in one place and easily accessible gives you and your business much-needed flexibility. With a holistic view of your business’s current state, you will be able to make faster decisions based on accurate information.

Easy Reconciliation

Our live bank feed feature means that account reconciliation is simple and easy.

Having a live bank feed directly integrated with your property management software allows you to clearly see what is going in and out of your accounts. Therefore you can always be aware of the state of your accounts.

Reconciliation for your stakeholders, including property owners, contractors and tenants, can now be done painlessly as well as reconciling payments that don’t directly relate to Arthur such as mortgages and salaries.

Easy client account reconciliation makes reconciling your client account as easy as 1, 2, 3.

Produce Reports

Another advantage of our live bank feed is that you are able to produce key accounting reports, including P&Ls and Balance Sheets quickly and easily on the platform that you conduct the rest of your property management.

Save time and money

This benefit stems from having all your vital information and functionality in one place. You no longer need to check multiple sources and ensure they all match or correct any errors caused by outdated processes.

The valuable time and money you save using our live bank feed can be reinvested in expanding your portfolio and business.

If you or your business require a comprehensive accounting package including detailed pay-roll functionality, detailed payables and receivables analysis (outside of Arthur contacts), then Arthur also integrates with both Xero and Quickbooks.

Why leave it there?

To see how our live bank feed and other features can help you streamline your property management

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