PayProp Automates Payments, Accounting & Reporting to help Strano Property Management grow
By: PayProp Canada
PayProp is used by property management clients of all sizes to securely and efficiently manage their complex rental transactions and back-office processes. PayProp clients typically grow their portfolios by 23% annually on the back of efficiencies gained by automating their processes and delivering a great experience to tenants, landlords and staff.
Strano Property Management has grown rapidly from providing real estate services for friends and family to managing an extensive, diversified portfolio across the London, Ontario region. The company quickly became one of the most trusted property management firms in the area, and as it continued to grow, its back-office tasks became more complex and time-consuming. The business looked to PayProp to simplify, automate and speed up tasks including payment processing (tenants and accounts payable), arrears chasing and reporting.
"PayProp has made my life much easier," said Dave Strano, President of Strano Property Management. "Our company is growing so quickly that we needed a solution to automate our regular rental tasks, so we could concentrate on building the business."
"We are very excited to have Dave and the team at Strano Property Management deploy PayProp, to help bring efficiencies, improve margins and free up resources to manage and continue their incredible business growth. PayProp will automate laborious back-end processes and ensure accuracy as well as compliance while delighting tenants, landlords and Team Strano staff," said Mislav Majic, President of PayProp Canada. "We look forward to supporting Strano Property Management as they continue to expand their business."
About Strano Property Management
Strano Property Management manages a diverse portfolio of properties across the London, Ontario region, from single-unit apartments through to large multi-story blocks including student, residential and commercial properties. The company's top priority is providing the best possible seamless, friendly and professional service to its tenants and landlords.
PayProp was launched in 2004 and has grown quickly to become a leading processor of rental payments and back-office automation for the property management industry, serving a large and diverse customer base of property managers and agents. Our platform sets the standard for speed and accuracy of transaction processing, posting, reconciliation and pay-outs, offering property managers complete transactional control and regulatory compliance. PayProp is part of the Humanstate Group, an international private technology services group with subsidiaries in the United Kingdom, Canada, Switzerland and South Africa.