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Description
Real-time processing of cash or shadow receipts, and disbursements, for borrowers, investors and additional servicers, via ACH file creation and lockbox payment processing, multiple loan payment processing, and bank account reconciliation. Track multiple properties per loan, UCC financing statement, operating statements and property inspections. Property inspections, detailed property characteristics. Lease information, appraisal information, letters to credit and certificates of deposit. Work with unlimited escrow/reserve/holdback accounts and related bank accounts while providing detailed escrow analysis reports, critical date reports, allocation of interest earned and scheduled tax and insurance payments.
Description
VRTrust serves as a comprehensive accounting solution tailored for managers of short-term rental properties, accounting teams, and those with expanding portfolios. This platform enables users to efficiently handle trust accounting, operational finances, owner statements, bank reconciliation, and financial reporting, all within a unified interface.
The software streamlines intricate accounting processes, facilitates the matching of online travel agency payouts with bank transactions, and allows for precise tracking of revenue and expenditures for each property. Additionally, it oversees owner funds, keeps tabs on guest balances, and ensures a well-maintained general ledger. Its robust reporting features encompass profit and loss statements, balance sheets, trial balances, trust reconciliations, lodging tax reports, owner statements, and detailed financial insights at the property level.
With functionalities such as bank feeds, automated reconciliation features, adjustable fees and commissions, multi-property financial reporting, ACH payouts to owners, API access, and AI-compatible workflows via MCP, VRTrust minimizes the need for manual input and enhances the accuracy of financial data for property managers across various scales. Moreover, its user-friendly interface and powerful automation tools empower teams to focus more on growth and less on administrative tasks.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$375/month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Altisource Solutions
Founded
2009
Country
Luxembourg
Website
www.altisource.com/Servicing/Commercial-Servicing-REALSynergy
Vendor Details
Company Name
VRPlatform
Founded
2021
Country
United States
Website
www.vrplatform.app
Product Features
Loan Servicing
Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans
Product Features
Accounting
Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management
Vacation Rental
Contact Management
Fee / Commission Management
Guest Reviews / Ratings
Housekeeping Management
Lead Management
Owner Statements
Payment Processing
Property Database
Reservations Management
Vendor Management
Work Order Management