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Speed Up Your Finances with Open Banking: GNB Property’s Reconciliation Solution for Agents

Ana Maria

Ana Maria

28.04.2024

Picture of money
Integrations

28.04.2024

Managing the finances of a letting agency involves meticulous attention to detail, especially when tracking who has paid and for what. This critical and time-consuming task is needed for understanding and maintaining the financial health of your business. Recognising this challenge, GNB Property introduces a revolutionary solution within our Agency in a Box package—open banking integration. 

Does This Relate To You: 

Thousands of agents across the UK are wasting time. Hours of identifying, matching, and recording each transaction manually. Open Banking is a clever way to remove this hassle, making the whole process simple, straightforward, and NOT a problem. With automated daily statement readings and a simple click to match payments, what used to take hours is completed in minutes. This efficiency not only frees up valuable time but also significantly reducing the margin for error, leading to an uptick in staff satisfaction!   


There are very expensive options out there, charging upwards of 3% on every single payment, why pay that? We’ve even heard of agents paying 6% on their payments. Oof. You’re burning your hard-earned cash!  


So We Listened to Your Concerns to Build the Best Solution 

At GNB Property, we understand the intricacies of managing your agency finances. Our open banking integration is designed to address these challenges head-on, offering a straightforward and efficient way to manage incoming payments. 

Here’s How GNB Comes in to Help 

  • Automated Reconciliation: Our system intelligently suggests matches for incoming payments, simplifying the reconciliation process. 

  • Daily Statement Readings: No need to wait until the end of the month. Our system updates you with a reading of your statement each morning. 

  • Versatile Payment Handling: Whether it’s overpayments, underpayments, or payments for multiple services, our finance module handles it all effortlessly, accounting for everything easily. 

Our solution is more than just software; it’s a comprehensive support system designed to optimise your operations and enhance your service delivery. 

In today’s fast-paced market, having an efficient financial management system is not just beneficial; it’s essential. With GNB Property’s open banking integration you can get rid of headaches today! Book in a chat with our experts, and we’ll understand how things currently work for you, and tell you all about what transitioning to GNB Property will mean for your business.  

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Buyer's Guide

5 Indescon Square,
Lighterman's Road,
London. E14 9DQ

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