Available 25th Nov 2019 OTA+ (STRA) Specifically built for the short term rental accommodation industry, our product has unmatched features that will save you time and money. Get onboard and regain control of your trust account now.
Using API connectivity we receive bookings and payments directly over the internet from your property management system. The bookings appear colour coded to their status and all adjustments can be made prior to disbursement. We use the published Open Travel Alliance API protocols.
A colour visual overview of all booking activity across your property management portfolio for the week, month or year. It shows when guests are arriving & departing. Coloured according to status. Hover the mouse over a booking for more details or click a booking to open a fully featured booking workflow screen. .
OTA+ (STRA) uses Artificial Intelligence to read a bill and decipher the text and auto create the bill ready for approval and payment. The bill image is displayed side by side allowing you to quickly confirm and pay. Paying the bills on a hundred properties is time consuming, not with AI. .
No more confused property owners. A detailed report showing all disbursed bookings for the selected period, details separate management fees so your guests can see the agreed amount applied. An attractive pie chart gives an indicative overview of the disbursed funds. Includes the property owners Trust Account Ledgers for transparency.
In OTA+ (STRA) every guest booking has its own unique separate sub ledger. The Trust Funds belong to the guest until they have completed their stay. Provide your guests with a compliant Trust Receipt statement showing all credits and debits. Peronalise with your logo, seasonal messages, different fonts and change the email text. We take Trust Account Regulations seriously.
Stop chasing property owners for maintenance money. Our system maintains a negotiated balance in a separate contingency ledger specifically for property maintenance. Each booking disbursement will top up the contingency ledger if below the negotiated amount. This provides a ready source of funds for maintaining your owners property.
Using Excel templates, import your existing property files, owners and forward bookings. Step by step screens walk you through the setting up of your Trust Bank Account, moving your data into OTA+ (STRA) and making sure that everything balances and matches your previous system. Don't have the time? We also provide an optional onboarding assistance package based on the number of properties you manage.
Click balance reconciliation matches your bank statement balance as you click allowing you to spot issues instantly. Reconcile Bank Statement, Trust Account and the Cash Book with one click. Everything you need for reconciliation is integrated into one neat screen. All final Reconciliation reports are auto saved to the database for historical safe keeping.
Map your OTA+ (STRA) management and expense control accounts to your chart of accounts on Xero. Then at the end of the month after reconciliation, one click will do it all. No more downloads to excell and messing around with files. We automate to give you more time for more productive activities.
Our trust accounting modules are fully compliant with the Trust Accounting Laws & Regulations of all Australian States and Territories, New Zealand, South Africa, UK and some states of the USA. Our trust accounting modules have been in continuous service for more than seventeen years without one error or Regulation issue.Click here to see our compliance matrix
You can offer complete transparency to your property owners. One click to email your clients with a user name, password and a link to click and login. They will see a property dashboard where they can drill down to a detailed level on bookings and property maintenance bills. Coloured graph shows disbursed bookings, future and last years bookings. All viewable from a mobile phone, tablet or PC.
Some property managers spend nearly a day a month making payments to the property owners. OTA+ (STRA) automates this process, checks all owners Trust Accounts balances and generates automatic owner payments to the ABA EFT payment system ready for upload to your online banking for prompt electronic payment.
Pay suppliers invoices on behalf of your property owners for services such as house keeping/cleaning, linen, repairs and maintenance. Optional payment via the ABA batch file for upload to your online banking for swift electronic payment.
Interruptions to the daily routine costs money. Accountants and Bookkeepers can now login remotely, they are limited to the access that you give them, lock them down to only see or update what you want or make them read only. Auditors have read only access to the trust accounting system and nothing else.
A complete Global Fees template is included when you sign up for OTA+ (STRA). You can add & modify the fees, descriptions and text. Also you can setup optional Property based fees that over-ride the Global Fees. This allows you to fine tune the fees around the requirements of your property owner.
The guest receipt, property owners trust receipt for payments, the property owners report and the suppliers remittance advice are all templates that allow you to personalise them with your logo, your electronic signature, choice of fonts and personalised messages.
Your business and your data is important to us! We treat it like our own. All of the data you key in to OTA+ (STRA) is instantly replicated across our servers at two separate physical locations. If one data centre is unavailable the system switches over to the backup data centre.
Access to OTA+ (STRA) is tightly controlled by a roles & permissions based security system. You assign access levels required to perform the functions. Security is everyones concern, lock your account down with MFA (Multi-Factor Authentication) using both a password and code from your mobile phone.
OTA+ (STRA) offers complete property file management, assign specific property fees, search for property files based on property name, property management system number, client name or other details. Close properties no longer required and we no longer charge you for these properties.
Create as many Trust Bank accounts you need, when you create a new property file and property owner you assign a Trust Bank Account to the file. All Trust Account functions for that file are then associated with the selected Trust Bank Account.
Assign the currency to a Trust Bank Account, then assign a property file to the selected bank account and it will automatically recognize the currency when operating on the property owners Trust Account.
Slack is a great collaboration tool and has a great mobile app. Using webhooks OTA+ sends optional notifications to your private slack channels so you know when bookings arrive or when someone logs into your account. Messages direct to your mobile.
All data sent and received from our systems (data in transit) is encrypted using the 256 bit SSL (Secure Socket Layer) encryption. We have also taken the additional step of encrypting all data on our servers and backups. In fact any data on our servers, backups and archives are encrypted to a very high Government standard which is called Encryption At Rest. Security & Integrity is very high on our agenda.
OTA+ (STRA) is built on a solid object based platform that allows us to continuously roll out new features to our clients. Our new cloud based solution utilizes our rock solid proven trust account technology that has been running for nearly two decades error free.