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a year ago

June Product Update


Hi there and welcome to our June product update, where we bring you exciting new features and improvements to streamline your property management processes. this month, we are thrilled to highlight key features and enhancements from rent collection, maintenance, and reporting. Let's dive in!
 

✨  RE-LEASED PAY ✨ 
STREAMLINE YOUR RENT COLLECTION PROCESS 


New feature announcements 

We are excited to announce a new feature that will help streamline your rent collection process and significantly improve your payment management experience. With our latest Re-Leased Pay update, you can now set up recurring rent payments for your tenants, saving you time and reducing arrears. 

Say goodbye to chasing payments and hello to hassle-free financial management these three simple steps.

1. Simplify Rent Payment Tracking
Our system allows you to identify tenants who have already set up recurring rent payments easily. By checking the Re-Leased Pay Status on the Tenant Summary page, you can determine whether tenants are enrolled in recurring payments or not. This eliminates the need for manual tracking and provides you with a clear overview of payment statuses.

 
2. Prompt Tenants to Enroll in Recurring Payments
With just a few clicks, you can send an email to your tenants, encouraging them to set up recurring payments. Using our Re-Leased Pay Invitation Template, you can effortlessly notify multiple tenants about the benefits and guide them through the process. Simply include the link provided as part of the email template, and tenants will be directed to a page where they can securely save their payment details.


3. Enjoy Automated Payment Collection
Once tenants have completed the setup, their payments will be automatically processed for all future rent invoices. Our system securely stores their payment information, ensuring a smooth and efficient payment experience. You no longer need to spend valuable time manually collecting payments or dealing with late payments.


✨  PROPERTY MAINTENANCE ✨ 


improvements 

Earlier this month we announced a number of new improvements to our Maintenance functionality. 

These include:

  • Managing recurring tasks more efficiently with the ability to add notes, quote requests, and work orders directly at the task level
  • The Maintenance Report now includes new columns such as Task Notes and related Work Orders

Click here to read the full announcement.


✨  TENANCIES ✨ 


beta testing

Join a Beta testing group!

We're currently recruiting customers for a closed beta group for Effective Paid to Dates. 

The effective paid to date feature takes into account all the rent payments made by the tenant, including full and partial payments, and calculates the date until which they are considered effective or up to date, helping property managers to more accurately manage cash flow, assess tenant performance, and enforce lease terms and conditions.

If you're interested in trying out this new feature, please reach out to Grace Twigg at grace.twigg@re-leased.com  


✨  REPORT BUILDER ✨ 


improvements 

Reporting now available for the Property Energy Performance Certificate (EPC) rates

With the increasing demand for energy-efficient buildings and new government-imposed green regulations, knowing your properties’ energy performance certificate (EPC) rates has become increasingly valuable to know.

Back in March, we introduce the property EPC rate field capability in the property area, and now, we have made reporting this field possible in the Re-Leased Report Builder.

To create a property EPC rate report, simply navigate to the Report Builder > Create a new Tenancy Schedule > Include property EPC rate field and other relevant information you wish to report on and generate your report.

improvements 

Performance improvements with faster load times

We are also delighted to announce that Report Builder is now up to 20% faster in generating reports. This improvement will particularly benefit users with greater data processing requirements, as you can now expect faster loading times and a seamless experience while accessing your reports.


✨  RE-LEASED INSIGHTS ✨  


improvements 

Share Insights with internal and external stakeholders

Re-Leased Pro and Enterprise customers can now share and schedule Insights dashboards and tile visualisations with their key internal and external stakeholders.

With the Insights scheduled delivery functionality, you can easily set up scheduled email deliveries within Re-Leased. Just filter your data based on your requirements and automate the delivery cadence. This allows you to effortlessly share important business information with your colleagues, executive management, and non-Re-Leased/Insights users in just a few clicks.

To learn more about Insights' scheduled deliveries functionality, check out this Knowledge Base article. 

improvements 

Improved accuracy in Insights metrics

When dealing with large monetary figures, having only one decimal point of precision can lead to significant rounding errors. Hence, all monetary-related metrics within the Operational and Strategic dashboard suites are now displayed at least two decimal points.

The two decimal point modification also applies to Fee percentages. 


✨  CLIENT/TRUST ACCOUNTING ✨  


improvements 

Email financial summary and financial details reports without timing out

Users now have the option to email the financial summary or financial details report to themselves or their owners via a background process. Now, no matter how many owners you run the report for, it will not time out in the browser as it may have previously done at the End of Financial Year.


Please note, if more than 30 owners are selected, the Generate Report on Screen and Download buttons will be disabled. To generate larger reports for more than 30 owners, you are required to opt for the Email report option.


✨ INCOME AND EXPENSES ✨  


improvements 

Easing editing restrictions on invoices that have appeared on 
an owner statement

Editing restrictions to invoices and credit notes that had appeared on owner statements were introduced last month but they were too restrictive. We will now allow the reference and description fields to be edited after appearing on an owner statement.

improvements 

Bulk email receipts

Say goodbye to downloading receipts one by one and manually emailing them to your tenancy contacts. With our bulk email receipts functionality, you can now select multiple receipts and email them directly from Re-Leased to the respective tenancy account contacts.

Even if the receipt is not associated with a tenancy, you can still email it to the contact who made the payment.



If you have any questions about how to take full advantage of these new features, feel free to reach out to your customer support specialist or click the 'Contact Support' feature within the Re-Leased system. Thanks for being part of our community!



Avatar of authorHenna Tirkkonen