Asra Housing Group has been using Mobysoft’s RentSense software to reduce its rent arrears from six per cent in 2012 to just under four per cent by March 2015, representing around £1.65 million. In 2012, Asra Housing was using its housing management system to manage arrears, but was experiencing several issues. Simon Cousins, income manager,…
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Finance Management
Hexagon Housing predicts arrears with Mobysoft
Hexagon Housing Association has bought Mobysoft’s predictive technology to help mitigate the effects of on-going welfare reforms. Tom Harding, housing services manager, Hexagon Housing Association, said, “It has become much harder to maintain our performance; over the past few years, the nationwide economy has meant more tenants are finding it harder to prioritise their rent…
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An asset beyond the standard
Rob Griffiths, deputy chief executive and chief financial officer at Longhurst Group, explains how modifying an online system provided a cost-efficient solution to a new compliance standard. The Homes and Community Agency’s governance and financial viability standard has once again raised the bar for regulatory compliance in the UK’s housing sector. So this year, asset…
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Getting rid of the silos
The housing sector has been good at measuring performance and benchmarking against peer groups but this has often been done in functional silos, using measures imposed by regulation and inspection, to ensure that all fit a particular model. This behaviour has stifled innovation and individual business plan ownership. Yes, all housing providers have their social…
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RAM puts Abertay Housing on the road to FRS & SORP compliance
Abertay Housing Association has implemented component accounting software from Real Asset Management to ensure compliance with FRS 102/SORP accounting standards. The new software will replace its multiple spreadsheet-based processes and reduce the manual effort needed to manage its £24 million asset base. Marjorie Sloan, corporate services director, Abertay Housing Association, said, “We are looking forward…
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The connected van and beyond – What digital can do for asset management
Digital services have become extremely important in the modern commercial world. By using digital innovation, companies can improve their employee and asset productivity; providing increased customer satisfaction. It’s true for every sector that businesses who fail to adapt to the digital landscape risk being left behind by their competitors. Alternatively, a new market disrupter, such…
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