Mobysoft has won a Queen’s Awards for Enterprise in Innovation for its cloud-based solution RentSense.
Following the government’s one per cent rent cut, Mobysoft’s RentSense is helping housing providers to achieve substantial efficiencies, such as helping Asra Housing Group reduce arrears by £1.65 million over two years.
Many housing providers’ IT systems for managing rent payments and arrears typically wait for tenants to miss a payment before flagging them for contact. RentSense uses innovative algorithms to analyse tenants’ payment histories and then predicts which tenants will pay on time and which won’t, so income teams can be proactive and able to help support tenants more effectively while reducing arrears.
Janette Pearce, head of neighbourhoods, Together Housing Group, said, “Working with Mobysoft is reducing our arrears. RentSense helps us to minimise costs, waste and ultimately reduce the workload for our income team.”
