Rent Collection & Arrears

Keep rent flowing and arrears under control without staff manually chasing tenants every month.

79 hrs
Time saved/month
10
Companies have mapped
Map This Automation

About This Automation

Rent collection at lettings agencies requires daily bank checks, manual payment matching, and spreadsheet updates to track arrears. Manual processes create delays in identifying overdue rent and duplicate reminder emails.

Automation matches bank deposits to tenant records instantly, flags arrears automatically, and sends escalation notices on schedule. The result is same-day visibility of unpaid rent and consistent follow-up without manual intervention.

Key features
Match bank deposits to tenant records automatically each day
Flag overdue rent and send reminder emails on schedule
Escalate arrears cases after 7 days without manual review
Update arrears records in accounting software in real time
Generate weekly arrears reports for management review

How The Automation Works

The full workflow, from trigger to completion.

1. Rent Due Date Reachedtrigger

The automation checks daily for rent due dates and compares expected payments against bank deposits received. When a due date passes without a matching deposit, the flow starts.

2. Reconcile Bank Deposits

The automation pulls bank transactions from the bank feed and matches them to tenant records, flagging any missing or partial payments automatically.

3. Send Automated Reminder

An automated email reminder is sent to the tenant, referencing the property, due date, and amount owed. The system logs the send time to prevent duplicates.

4. Monitor Payment and Update

The automation continues to monitor the bank feed and automatically updates the tenant's account when payment is received, clearing the arrears flag.

5. Escalate Arrears if Unpaid

If rent remains unpaid after 7 days, the automation sends a formal arrears notice and creates an arrears record with escalation flags for the property manager.

6. Notify Finance Team

A daily summary of all outstanding arrears, payment status, and escalations is posted, giving the team real-time visibility without manual reporting.

4 reasons to map this process

1

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2

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3

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4

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Frequently asked questions

Everything you need to know before mapping this process.

This template is a starting point based on how other businesses handle this type of work. When you map your process, you describe exactly how your team does it and the automation is built around your workflow, not a generic template.

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Estimated Time Saving
79hrs/month
Process pain:8.2/10
Mapped by:10 Companies

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