OnTheMarket Software has announced the addition of client accounting functionality to its TecLet lettings and management platform.

The new feature will be provided at no additional cost to users, providing them with a range of productivity, automation and service improvements.

With the new functionality, agents and property managers will be able to manage their core client accounting functions directly from within the TecLet platform, without needing to use any additional tools or resources. Available features include automated rent arrears management, monthly and annual statements in the Tenant and Landlord document centre, and Debt Respite Scheme legislation functionality.

Lettings client accounting business LettsPay has provided the core client accounting functionality for the TecLet platform. LettsPay’s premium product, which includes individual client account wallets for each landlord, is integrated into the TecLet platform.

Users can opt to use other integrated client accounting providers within their OnTheMarket Software set up at an additional cost to the TecLet platform.

Alan Blockley of OnTheMarket Software said: “The inclusion of client accounting functionality within the TecLet platform at no additional cost is a major step forward and a huge ‘value add’ for agents and property managers as it provides core client accounting functionality as an included element within the existing TecLet subscription.”