Lothian Homes has recently gone live with Kypera Housing’s Factoring module and has just completed its first quarterly invoice run to its factored clients.
Kypera provided a single central database to manage the property and occupancy details of Lothian Homes’ 800 factored units. The Kypera system uses data from Lothian Homes’ existing repairs and financial systems to automatically calculate the proportion of repairs costs due from each client, including a full breakdown of costs in relations to each invoice.