Inventory Hive and The Depositary have unveiled their joint integration, designed to enhance their partnerships with TDS.
This new initiative aims to align paperless reporting software with end of tenancy in order to reduce letting agent admin time.
Richard Abbots, CEO at Inventory Hive, said: “Since launching just over four years ago we’ve been on a mission to make unnecessary disputes a thing of the past, whilst also pushing the boundaries of innovative features that make inventory reporting transparent and far more efficient.
“This integration will allow check-out descriptions and photos captured via our App to be passed through to The Depositary effortlessly. This solves the age-old admin headache of re-typing and double entry.”
“There are few things more thankless than the tenancy conclusion process. We built The Depositary to save agents time and stress whilst delivering a first class experience for their Tenants & Landlords. Our integration with Inventory Hive is another leap forward in this regard- streamlining the process even further and removing the need for duplicated data entry and the risk of human error.”
Kristjan Byfield of The Depositary, estimates that this integration will save an agent 15-20 minutes per tenancy.
“This underlines our commitment to deliver a market-leading solution through powerful integrated partnerships,” he said.
Highlights of this integration include check-out descriptions and photos for items requiring deposit deductions automatically uploaded from Inventory Hive to The Depositary, check-out report files transferred automatically from Inventory Hive to The Depositary, check-out meter reading data and photos transferred automatically from Inventory Hive to The Depositary, as well as items requiring deductions automatically referenced from Inventory Hive to The Depositary for clear communication.
“We’re delighted to see two of our key partners linking up in this way. We know that inventories are key to reducing the numbers of deposit disputes. Allowing Inventory Hive to seamlessly to connect to The Depositary’s end of tenancy solutions will mean fewer disputes between landlords and tenants and a faster end of tenancy process” said Steve Harriott, chief executive of TDS.
As an agent, I’ve been banging the ‘integration’ drum for nearly a decade. Quality integrations like this deliver the most seamless experience for users of both products- it removes duplicated data entry driving down the amount of work involved and eliminating human error. We estimate this will save agents a further 15-20 minutes per tenancy on top of the 80% time-savings we already deliver- this, in turn, will speed up the transaction time ensuring tenants (and where applicable landlords) get their funds faster- making our agents look better. This is a [perfect example of two quality products/services being super-charged by this integration with each other.
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To avoid unnecessary disputes and make renting better for all, we need clear communication and engagement from landlords and tenants at the right time in the tenancy journey. The Depositary delivers that in abundance : )
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