Konnexsion Property Manager

Managing rent collections and understanding the complexities of payment structures can be a daunting task for property managers, especially when juggling multiple tenants with different payment arrangements. At Konnexsion, we are excited to unveil our latest feature enhancements designed to simplify your rent arrears management and provide clear, actionable insights into your financials.

New Features to Enhance Your Rent Collection:

Record Future Payment Plans with Precision:

Our new system allows you to meticulously record details of future payment plans directly against any outstanding rent. This means you can proactively manage rent arrears by setting up structured payment schedules in advance, ensuring that both you and your tenants know exactly what is expected.

Distinguish Payment Sources Easily:

Understanding who is paying rent and when it’s due can get complicated, especially with tenants receiving benefits like Universal Credit. Our enhanced feature allows you to record who will be making each payment, enabling you to distinguish between amounts paid directly by your tenants and those covered by Universal Credit. This separation helps in precise financial planning and reporting.

Advanced Reporting for Better Decision Making:

With Konnexsion’s updated platform, your financial reports gain depth and detail:

• Open Balance: Shows the current outstanding balance without adjustments for future payments.
• Due: Represents the adjusted open balance, accounting for due payments excluding future planned payments.
• Payment Plan: Indicates the total of all future payment plan amounts, giving you a forecast of expected income.
• Next Due: Displays the next expected payment date, helping you track incoming funds more accurately.
• Last Payment: Reflects the date when the last payment was received, keeping your tenant payment records up-to-date.
• Completion Date: Provides the expected completion date of the payment plan, based on the last scheduled payment in the system.

Conclusion:

Konnexsion’s latest feature set is designed to transform how property managers handle rent collections, making the process more manageable and less time-consuming. By providing detailed insights into payment schedules and separating different income sources, we help you ensure that your financial management is as efficient and accurate as possible.

Embrace the future of property management today with Konnexsion and experience a new level of clarity and control over your rent arrears and payment plans.

Discover More:

Interested in seeing how these new features can benefit your property management operations? Visit our website to learn more or contact us directly for a demonstration of Konnexsion’s capabilities.