The Bank of England's recent announcement to maintain the Base Rate at 5.25%, a 16-year high, holds significant implications for property managers and real estate investors. This decision reflects ongoing efforts to manage inflation, which has shown signs of stabilizing, with a recent drop to 3.2% in April 2024 from highs above 10% in early 2023.What This Means for M... Read more

Introduction: Managing rent collections can be complex, particularly when payments arrive from various sources such as Housing Benefits or Universal Credit at different times. At Konnexsion, we recognise the challenges faced by property managers in maintaining a consolidated view of their finances. That’s why we’ve developed a robust Payment Plan feature, designed to... Read more

Managing rent collections and understanding the complexities of payment structures can be a daunting task for property managers, especially when juggling multiple tenants with different payment arrangements. At Konnexsion, we are excited to unveil our latest feature enhancements designed to simplify your rent arrears management and provide clear, actionable insights ... Read more

Introduction:Managing rent collection involves much more than just matching payments with invoices. It's about maintaining a detailed dialogue with your tenants, tracking commitments, and handling payments from multiple sources including Housing Benefit, Universal Credit, and direct tenant payments. Our latest video dives deep into the complexities of rent collection... Read more

No matter who we talk to it's always TA Billing day that comes up as the day most people fear.- How to ensure the bills are right.- How to avoid missing properties or getting the rates wrong.- How to format the document correctly- How to ensure the receipt is correctly reconciled.Our TA billing system takes away all that stress. Accurate bills can be raised within mi... Read more

Learn how to effortlessly manage your property management accounting using a Staging Bank Account for PayProp consolidated rent receipts. Streamline the process of recording rent payments, management fees, and maintenance costs by importing transaction breakdowns into a designated account, matching them to invoices and bills, and reconciling with your real bank accou... Read more

As part of a series of articles I am starting to look back at some of the existing Konnexsion features and the value they seek to bring you. The property finance solution is slightly different from our typical modules in that it isn't designed to support your day to day operations. Most of our core features aim to directly focus on operational impact be it via effic... Read more

It’s that time again when I have the pleasure of putting pen to paper (or fingers to keyboard) to talk about a new Konnexsion release. This time as I sit here, putting my thoughts into words, I find myself struggling to explain how pleased I am with the results of what we have been working on over the last month.This release takes Konnexsion into new territory. Histo... Read more

I was going to call this release Project Finance as it contains:a significant upgrade to the way you can manage projects via casesa whole new module to reconcile your finances to your banknew financial transactionsHowever, the words Project Finance take me back to my Oil and Gas years, where it brings in a completely different meaning. It also made me think about som... Read more