FINANCE
Arrears and credit control
Every overdue unit gets an arrears case. Workflows chase on the schedule you configure, fees come from the lease, and the legal track records everything from Letter Before Action to judgment.
A case gathers the overdue invoices, letters, fees, payment plans and correspondence for a unit in one timeline. You configure the stages, for example a reminder at day seven, a formal demand at day twenty one and a late payment fee at day thirty, and the workflow executes them with a full log. Payment plans track themselves against the ledger, so a receipt advances the plan and a missed instalment defaults it. When a case escalates, the legal track holds every stage through solicitor referral, court and First tier Tribunal.
- Configurable staged workflows
- Fees and interest taken from the lease
- Ledger tracked payment plans
- Legal track including FTT referral
- Block level holds for handovers
- Bad debt write off with audit trail
Related features
See it working on your own portfolio
Bring a real block to the demo and we will run your numbers through it live.