Rent Management

Who owes me money?

Automate your rent tracking and credit control process, alongside a beautifully clear, daily-accurate view of all your tenants’ rent position

Effortlessly track rent and arrears

A shocking amount of property businesses still rely on rent tracking using spreadsheets and accounting software. Purpose-built tools can help you minimise both the errors and effort, and create a truly scalable, and more hands-off business.

Rent schedule

COHO’s rent schedules keeps track of every individual payment required by a tenant. It will automatically create new rent records on periodic tenancies, record any ad-hoc charges, and even pro-rata first and last month’s rent.

What’s more, payments made from the tenant will be allocated to the specific rent/charge they were made for. This gives you full clarity of exactly where any arrears have happened.

Recurring tenant costs

Are you charging for any additional services, such as car parking spaces, cleaning, or specific bills? COHO’s recurring charges will let you create an automated schedule for any money due, and it will stop either when you set it in the schedule, or when the tenant moves out, without any additional manual intervention.

Upcoming & overdue rent notifications

Want to remind a forgetful tenant that rent is due tomorrow? Or give a little nudge to someone who is a day late? COHO’s rent notifications are the perfect tool to send a quick reminder through the system without sounding like you’re banging on their door angry. Looking for more powerful tools? Check out our credit control automation.

Rent statements

Select the property and the tenant(s) and COHO will generate a nice rent statement which shows everything paid, due, and in arrears. Simple.

Rent automation AI

Actually having to check your bank for rent paid is a thing we all need to leave in the past. COHO has overlaid AI and Open Banking to create a perfect situation where your rent matching is handled for you.

COHO’s AI Agent doesn’t only check the basics, like payment reference, but the amounts, dates, names, and other important information. Because we can’t expect tenants to actually use the payment reference given, right?

You’re always in control! Payments made from tenants in arrears can be configured to be logged against the oldest rent, the newest rent, or the closest match based on date paid. Any that we’re not 100% sure about, you’ll be able to confirm, and the AI will learn for the next ones. 

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Tenant rent dashboard

At COHO we believe communication and clarity is the key to running a good business. As part of that, we enable our customers (you) to give your customers (tenants) that great experience too.

We’ve been told directly from them that tenants love that COHO creates a dashboard for them to see, at any point in time, exactly what they owe and when, what they’ve paid, and whether they’re behind in payments. It includes any notes you want to add, along with payment references.

It’s exactly the customer experience people have come to expect in the modern world, and making “I’m sorry, I forgot” is a thing of the past.

Grow your portfolio

72% of COHO users grow their portfolio as a result of efficiency gains

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Increase your occupancy

81.4% of COHO users experience fewer, shorter voids

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Occupancy

Direct debits with GoCardless

Tired of unpredictable rent payments? Or already a GoCardless fanatic? COHO has worked directly alongside GoCardless to bring their awesome rent collection directly into your management system.

COHO will walk the tenant through setting up the mandate, then automatically sync your rent schedule, both the monies due, and the up-to-date payment status.

This comes at absolutely no extra cost, too, just whatever you’re already paying GoCardless.

Xero integration

COHO has built the property management industry’s leading Xero Integration, with accurate and powerful mapping and synchronisation so that you can use Xero alongside COHO without double-keying.

Either map your existing Xero contacts, categories, and charts of accounts, or let COHO create them in Xero for you.

Our Xero integration will map properties, tenants, and mirror all of your expected rent payments directly into Xero, so your accountant has a familiar place to see things.

Other Accounting Software Exports

We’ve built a powerful export of all your incomes that can be pulled into your accountancy software, along with configurable mappings to make the process seamless.

Portfolio rent performance

Can you say exactly which of your properties are the most and least profitable? Tracking the rent accurately is one thing… but what it enables is even more bigger.

COHO’s rent schedule, just like our maintenance management, feeds straight into our powerful suite of financial tools, allowing you to measure profitability not only of your portfolio, but even down to the room.

Landlord settlements for agents

COHO’s rent schedule, just like our maintenance management, feeds straight into our powerful client accounting tools to create settlements effortlessly.

Ready for rent management that just works?

What is stopping you taking the first step towards the next phase of your business growth?

“If you’re using spreadsheets to manage your HMO’s you are unwittingly making your life MUCH harder.”

Alex Babouris

Babouris

Use our Instant Demo to take a “test drive” now in a fully working COHO account so you can really see if it works for you.