The artificial intelligence-based property management platform Askporter has partnered with digital payments company Stripe to transform the way payments and transactions are collected, allocated, reconciled, and managed across the property sector.

This collaboration between the Askporter proptech firm and Stripe, a technology company that builds economic infrastructure for businesses, unifies all transactions related to properties on one single digital platform.

Askporters’ AI assistant can perform KYC and AML checks on suppliers, chase arrears, automatically reconcile payments, and run up-to-the-minute reports on asset performance, with a view to reducing accounting administration.

Askporter has also developed a solution that enables anyone who manages a property and client accounts to collect, allocate, reconcile, and report on payments quickly, supported by Stripe’s identity verification, AML checks, and direct debit guarantee protection.

Askporter’s CEO Tom Shrive said: “Managing payments and accounts is such a crucial part of managing properties. We realised the importance of selecting the right partner; for us the right partner was without question Stripe.

“Their product and developer-first approach’s maturity means we can bring an unparalleled, feature-rich experience to our clients and their customers. Stripe’s capability, combined with our platform and AI assistant, means that we can now deliver fully automated end-to-end workflows that were previously highly complex and clunky. We are excited to share the results of our pilots in the coming months.”