Introducing Clearing's Integration with Hospitable: Efficient Financial Management for Vacation Rental Hosts
Discover a new era of effortless financial management for vacation rentals by using Clearing with Hospitable. Streamline trust accounting and regain control of your property finances.
August 9, 2023
Corey
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Hospitable: Vacation Rental Management Software
Hospitable gifts short-term rental hosts their valuable time back. Founded in 2016, Hospitable’s tools allow hosts to automate the most time-consuming elements of hosting. Hosts use Hospitable to answer 90% of guest messages with AI-powered automated messaging, to automate their team notifications so they never miss a clean, and to avoid double bookings with a synchronized calendar across booking channels. Hospitable allows hosts to build their own direct booking website with guest vetting, $5M damage protection, and payment processing built-in. Hospitable also connects with popular 3rd party online travel agencies such as Airbnb, Vrbo, and Booking.com.
Financial Management for the Vacation Rental Industry
Managing finances in the vacation rental industry can be extremely challenging for hosts. There are many accounting software that exist, but few that are designed with the unique challenges of the Short-Term Rental industry in mind. Bookkeeping, transaction reconciliation, expense management, trust accounting, and accurate payouts are just a few of the complex manual tasks that hosts face each month. Small errors in managing your Short-Term Rental finances can lead to chaos and create hours of work for you and your team, so leaving room for error is simply not an option.
At Clearing, we understand these challenges and are thrilled to be able to extend our product offering to Hospitable hosts via a direct integration 😀
This powerful partnership simplifies financial management for vacation rental hosts, allowing you to focus on delivering exceptional guest experiences and growing your business. Say goodbye to mixing funds in your operational balance, and say hello to individually categorized sub-balances with automatic bookkeeping to keep funds segmented per homeowner, property, building, or as per your organizational goals.
Simplified Financial Operations for Hospitable Hosts
The integration of Clearing and Hospitable truly revolutionizes financial management for vacation rental property managers that are using Hospitable as their property management platform. By leveraging Clearing's advanced financial management platform alongside Hospitable's comprehensive vacation rental management software, hosts gain access to a seamless accounting solution, tailored for their business’s unique needs.
Critical financial data, including transactions, expenses, bookings, and property information, seamlessly flows from Hospitable and Airbnb, into Clearing, eliminating manual work and streamlining financial operations altogether.
Unlock the Power of Financial Automation
Ready to take your vacation rental business's financial management to the next level?
Embrace the Clearing-Hospitable integration and experience the benefits of automated bookkeeping, simplified trust accounting, streamlined expense management, comprehensive owner statements, and accurate payouts. With Hospitable and Clearing by your side, you'll have the tools and resources to unlock the true potential of financial automation, saving time and enhancing your financial clarity.
At Clearing, we're committed to your success. Our dedicated support team is happy to guide you through the integration process, ensuring a seamless onboarding experience, so get in touch if needed!
Embrace the power of our new integration and redefine the way you handle your finances.
For a detailed guide on setting up the integration, check out our knowledge article: How to Integrate Clearing's Financial Management Software with Hospitable's Vacation Rental Management Software.
Don't miss the opportunity to see the integration in action and explore its benefits.
Clearing is a Financial Technology Company, not a bank. Deposit Accounts are issued by Evolve Bank & Trust, Member FDIC.
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