Property management software compliance
Safe as houses
Security must go deeper than the little padlock on your browser. PayProp goes to extraordinary lengths to protect your business and secure your clients' money.
.webp)
.webp)
Property management software compliance
PayProp helps you to stay compliant
Using PayProp helps an agency comply with the rules governing property brokers. PayProp ensures its payment and reconciliation platform complies with the applicable industry laws, so agents automatically comply.
Property management software compliance
An audit trail of every transaction
PayProp's technology means money can’t go missing, as every action on the platform is tracked and stored in an undeletable log. If money is accidentally transferred to the wrong account or assigned to the wrong property, it is easy to establish what went wrong.
.webp)
Data storage and backup
Rigorous physical, digital, and personnel security protects your data. Once on PayProp, your data is encrypted and securely stored in our dedicated hosting facilities at Amazon’s data centres.
Application security
You can customise your user permissions to make sure no one can make a payment without your approval, giving you total control over your clients' money.
Real-time data duplication
Your PayProp data is replicated in real time across multiple data centres, so if a server is busy, loses power or the Internet connection is interrupted, you can get on with running your business.
Flexible user permissions
PayProp lets you control who on your team has access to what part of the platform. Protect your colleagues by only giving them access to the data and actions they need to do their job.
Property management software compliance
Professional indemnity insurance
In addition to Financial Service Compensation Scheme (FSCS) protection, PayProp also carries separate professional indemnity insurance to cover unforeseen eventualities.
Property management software compliance
Reconciliation team
Combining smart technology and a team of trained accountants helps us reconcile your client accounts down to the penny. They also flag any financial issues you may have on your platform, so they can be put right.
Ring-fenced client accounts
PayProp makes it simple for you to keep your client money separate from your business funds, but we go even further than that – separating the funds by property, purpose and intended recipient, so every penny can be accounted for.
How
does it work?
Firewall security
On top of Amazon’s tried-and-tested security measures, we deploy firewalls to protect your data and the hardware that stores it. Our security systems are monitored 24/7 for your peace of mind.
256-bit SSL certificate
We protect your data with a special encryption key that allows data to be securely transmitted from our servers to your Web browser.
Yearly platform penetration tests
Once a year, we employ a team of white-hat hackers to attempt to gain access to PayProp and its servers. This helps us identify and overcome any potential weaknesses in our security, so your data is even safer.
PayProp is by far the best investment we made for our business. It saved a lot of time and even a whole member of staff became freed up to come back into the frontline! The peace of mind it gives when a key accounts person is off is worth every penny. What used to take 4 to 6 hours manually takes 20 minutes.
More features
Automated client accounting
Based on the rules you set, PayProp pays your commission, contractors, landlords and other recipients chosen by you.
Integrations
Your data is enriched through our integrations with your other apps and tools.
Support and onboarding
Our friendly UK-based team of platform experts are ready to help you and your agency thrive.