For Finance Directors

RentSense | The Benefits | For Finance Directors

For Finance Director’s view

As a Finance Director, you’ll naturally be focused on the major financial metrics that signal the health of your organisation. You’ll have your eye on external stakeholders, such as regulators, banks and credit agencies. In addition, part the Finance Director’s role is to ensure that the organisation has the financial resources to deliver quality housing and excellent customer service and support.

WHY MOBYSOFT

Clear returns and healthier finances

RentSense offers Finance Directors a clear return on their investment. Once up and running, RentSense contributes to the overall financial health of any social housing operation.

EXPLORE RENTSENSE

How RentSense helps financially

RentSense helps Finance Directors to:

Improve collection rates, cash flow and the overall strength of the balance sheet

Reduce bad debt, write-offs and rent arrears

Ensure that banking covenants and loan agreements are not breached

Help the organisation to help more tenants out of debt

Through savings fund repairs, improvements, services and future property developments

What our customers say about how RentSense helps finance and finance directors

”

RentSense has played its part in creating around 2.4 FTE of capacity within the team, which is why we invested in the first place. But the accurate caseload has enabled the team to lower our arrears, even when we have added an additional 1,000 homes in that time.

Helena Pountney
bpha

View case study

”

RentSense feeds into the council’s three strategic aims. It is helping sustain tenancies and support tenants in a way that was simply not possible before, and we have more funds to reinvest into the HRA to give people better homes.

Geoff Waterton
Enfield Council

View case study

”

Despite all the challenges we have reduced arrears by over £70,000 and our cash collection was 100.49% which exceeded our target of 99.7% and automation is delivering the equivalent of an additional 18% in FTE each week as well.

Sarah Aldred
First Choice Homes Oldham

View case study

”

Nine months after implementation we had exceeded our initial target (of reducing arrears by £600,000) and at the moment, about ten months post RentSense, arrears have fallen by almost £800,000.

Kristian Melgaard
Moat

View case study

”

RentSense has played its part in creating around 2.4 FTE of capacity within the team, which is why we invested in the first place. But the accurate caseload has enabled the team to lower our arrears, even when we have added an additional 1,000 homes in that time.

Helena Pountney
bpha

View case study

”

RentSense feeds into the council’s three strategic aims. It is helping sustain tenancies and support tenants in a way that was simply not possible before, and we have more funds to reinvest into the HRA to give people better homes.

Geoff Waterton
Enfield Council

View case study

”

Despite all the challenges we have reduced arrears by over £70,000 and our cash collection was 100.49% which exceeded our target of 99.7% and automation is delivering the equivalent of an additional 18% in FTE each week as well.

Sarah Aldred
First Choice Homes Oldham

View case study

”

Nine months after implementation we had exceeded our initial target (of reducing arrears by £600,000) and at the moment, about ten months post RentSense, arrears have fallen by almost £800,000.

Kristian Melgaard
Moat

View case study

”

RentSense has played its part in creating around 2.4 FTE of capacity within the team, which is why we invested in the first place. But the accurate caseload has enabled the team to lower our arrears, even when we have added an additional 1,000 homes in that time.

Helena Pountney
bpha

View case study

See how RentSense benefits all those involved

The housing or income manager view

RentSense gives income managers more capacity within their team whilst highlighting where officers need support

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The finance director’s perspective

RentSense helps contribute towards key financial KPIs and help ensure a healthy cash flow

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The Transformation or IT director’s view

RentSense offers flexibility, in that it can be integrated or stand alone, whilst using existing data to organisations make better business decisions

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The tenant’s perspective

RentSense helps keep tenants in their homes for the long haul and keep them out of debt

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The housing director’s angle

RentSense helps landlords improve performance whilst supporting tenants and helping to improve services

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The income or housing officer’s view

RentSense gives officers time back to make the calls that matter, improve performance and with it job satisfaction

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