Home Business NewsBusinessBanking News Arthur launches industry’s first fully integrated live bank feed

Arthur launches industry’s first fully integrated live bank feed

by LLB Finance Reporter
14th Jan 21 12:36 pm

Revolutionary cloud-based property management company, Arthur have announced the launch of its latest innovation, the fully integrated live bank feed, which complements the platform’s already comprehensive and impressive range of features.

As part of its commitment to continuously enhance the service offering for its customers, Arthur provides property managers and landlords with the ability to quickly adapt their management tools to stand out in an increasingly competitive market. Arthur is the only full suite property management company to deliver a live bank feed directly integrated into the software.

This exciting new function enables property managers and landlords to streamline their accounting and efficiently manage finances for an entire property portfolio. In conjunction, Arthur has recently received its FCA Licence, which ensures tenants and property managers are authorised to safely make payments through the Arthur platform with the click of a button.

The outbreak of coronavirus has taught us that it’s important for businesses to adapt to change quickly. Inefficient systems and processes will cause businesses to fall behind; it is therefore essential to have all critical information easily accessible in one place, enabling property managers to make faster decisions based on accurate information.

Arthur’s live bank feed will provide much-needed flexibility from its direct integration with the software for full visibility of the state of accounts, anytime, anywhere. With all data stored in one simple and secure system, the live bank feed will also give landlords the ability to make faster comprehensive decisions and reduce the risk of errors caused by outdated processes and crosschecking multiple sources.

The live bank feed not only makes account reconciliation for all stakeholders involved – including property owners, contractors and tenants – easy and simple, but also allows landlords to reconcile payments that don’t directly relate to Arthur, such as mortgages and salaries. To give further financial control, landlords can look to take advantage of the necessary reporting the live bank feed provides, such as P&L and Balance Sheets.

Marc Trup, Co-Founder and CEO of Arthur said, “We are proud to announce the launch of the live bank feed as the latest innovation to our platform. This new feature ultimately prevents landlords from wasting valuable time and money that could instead be reinvested in expanding portfolios and business growth, all from one simple integrated software. At Arthur we are committed to continuously enhancing our functions and are delighted to be the first property management software to provide this new innovative functionality.”

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