Lendlord launches integration with Xero
Portfolio management platform, Lendlord, has launched an integration with the accounting software, Xero.
The new integration will allow Lendlord users to link their Xero account with their Lendlord account, enabling the automatic transfer of information about transactions so that landlords can accurately track the cashflow of their property investment.
This feature is a complementary solution to the Open Banking integration recently launched by Lendlord, which enabled users to link the platform with their bank account.
Aviram Shahar, co-founder and CEO at Lendlord, said: “Lendlord users said they wanted an integration with Xero and we have responded. The benefits for property investors are huge as they can allocate income and expenditure to the correct property, track rent collection and reconcile transactions to get better insights into their portfolio performance.
“This is another great extension to the Lendlord platform and it’s a good time for landlords to start tracking their transactions in the new tax year in a digital way.”
Lendlord provides property investors with an online platform to manage and track their portfolio details, data, and performance, whilst also identifying finance and capital raising opportunities based on a user’s specific profile.
Since its launch last year, Lendlord has helped thousands of landlords to improve the bottom line of their investments by delivering smart and intelligent data and insights to support landlords in making wise investment choices, which in turn empowers them in growing high-performing, efficient, optimised, and therefore healthy portfolios.