Tenancy Deposit Scheme (TDS), the not-for-profit, government-backed tenancy deposit protection scheme, announces an integration with MRI Software, a global leader in real estate solutions, to automate tenancy deposit registrations and reduce the time letting agents spend on data entry.
The TDS API is designed to make life easier for agents when they register deposits. The time-consuming task of duplicating deposit registration data from CRM platforms onto a deposit scheme platform has always been an admin-heavy task. However, with the TDS API, letting agents no longer need to spend their time inputting this data manually.
The TDS PropTech solution automatically transfers the data, removing time lost duplicating tenancy deposit entries, reducing inaccuracies and giving agents more time to spend growing their business.
Sean Slack, Vice President of Partner Connect at MRI Software, comments:
“The need to either insure or place deposits into a deposit protection scheme is a legal requirement. MRI has worked with TDS for many years, and the latest iteration of the integration means that our mutual clients benefit from less double keying between systems, generating cost savings, time savings, and data accuracy.”
MRI Sales and Lettings provides agencies with an integrated sales, lettings, property management and accounting platform that can be accessed from any device. It offers a streamlined user experience to enable agents to increase accuracy, improve communications between landlords and residents, and gain low-risk entry into the build-to-rent market.
Steve Harriott, CEO of Tenancy Deposit Scheme (TDS), comments:
“TDS and MRI share the same vision for open and connected software in real estate solutions. We are delighted to partner with MRI, as the integration will support our objective of improving the private rented sector (PRS) and making the lives of our customers easier.”
Further information regarding TDS’ API can be found here.
Agents looking to join the many who have already integrated can start their journey here.
