Hammock Description
It's never been easier to manage rent payments from individual tenants or HMO's. Notifications for missing and incoming payments will be sent to you. Rent transactions will automatically be linked to the appropriate tenants and properties. Hammock makes it easy to reconcile transactions from anywhere. Hammock automatically populates itemised statements for each property, so you can check them or share them with your accountant. Hammock converts information from individual transactions into actionable insights that you can use to monitor and optimize the performance of your portfolio. The Hammock dashboard provides real-time access and information about the key performance indicators in your portfolio. Just one click away is your Profit and Loss statement and Loan to Value ratio for each tenant. Hammock makes it easy to spot any approaching deadlines or unexpected expenses, as well as issues with occupancy for each property. So you're always aware of which property needs your attention.
Hammock Alternatives
Console Pay
Reduce the time it takes to receive property receipts. Console Pay in Console Cloud is the only fully integrated payment solution in the industry. Agents can stay in the black. Console Pay is a powerful receipting and direct debit solution that allows property managers to manage tenant payments. Direct debit for tenants with one click, bulk receipting. Compatible with all banks With consistent, timely disbursements, landlords will be happy. Flexible and easy-to-change payment schedules, individual dates, or amounts. Tenant invoicing, bond, rent management. Ezidebit will handle rent collection. It's a simple way to reduce rent arrears and to pay owners on time. Do you need to have invoices or bond paid? Console Pay can also handle these transactions. You don't need to waste time receipting. Console Pay automatically matches your payments in Console Cloud and autoreceives them at the click a button.
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Schedule My Rent
Software services for vacancies marketing, receiving online rental applications, screening tenants with credit and background checks and collecting rent.
Tenants can pay rent in these ways:
- With cash at any MoneyGram location (Walmart CVS etc.
- With their bank account
- With credit or debit cards
Rent can be collected monthly or twice per month.
With the QuickPay option, landlords can receive rent on the same day that rent has been withdrawn from tenants' bank accounts.
Late fees are added automatically to the tenant's account. You can combine late fees and daily fees to match your lease terms.
You can easily check your rent status.
Multi-unit view shows how many rents have been collected and how much rent remains to be paid across all your properties, or for specific units or businesses.
- The unit view shows the entire status of a lease. You can add one-time fees (utility, etc.) to easily customize it.
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Rentec Direct
Rentec is a cloud-based Property Management System that allows private owners to manage their real estate and tenants. It handles all aspects of billing and invoicing, credit checks, late fees calculation, rent tracking, and late fee calculation. The Tenant portal allows users to send messages, request receipts and pay rent. The Owner portal offers a more detailed view of Expenses, Insurance and Vacancy Tracking. It also provides management for Leases and Tax, Tenant Database and Website updates.
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PayProp
PayProp is an automated platform for real estate agents. It is simpler and more powerful than traditional software vendors and banks. PayProp was born in 2004 out of frustration with the fragmentation, lack of trust and complexity of payments in the residential rental sector. We built on GivenGain's platform to create a solution that automatically collects rent payments from tenants and seamlessly pays agents' commissions, property owners, third parties, and other property owners directly into their bank accounts. PayProp eliminates inefficiencies and lowers administrative costs per transaction. It also applies leading technologies to automate entire processes. PayProp's advanced technology allows property managers to collect and reconcile all payments.
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Pricing
Pricing Starts At:
$6.91 per month
Free Trial:
Yes
Integrations
No Integrations at this time
Company Details
Company:
Hammock
Year Founded:
2019
Headquarters:
United Kingdom
Website:
www.usehammock.com
Media
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Product Details
Platforms
SaaS
Type of Training
Documentation
In Person
Customer Support
Phone Support
24/7 Live Support
Online
Hammock Features and Options
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