Get Clearing provides expense and revenue management software specifically designed for property managers and real estate investors. The platform automates bookkeeping, transaction categorization, and reconciliation across various financial sources like Stripe and bank accounts. This streamlined approach enables users to close their books faster, simplify trust accounting, and generate accurate owner statements efficiently.
Funding
$50K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Short-term rental operators often face challenges in managing their finances due to the complexity of revenue and expense tracking across multiple properties and booking platforms. Manual bookkeeping processes are time-consuming, error-prone, and make it difficult to maintain accurate trust accounting for homeowners.
Solution
Clearing offers a financial management platform tailored for short-term rental operators, automating bookkeeping and trust accounting workflows. The platform integrates with popular booking platforms and financial tools to automatically categorize and allocate revenue and expenses by property. It simplifies trust accounting by maintaining separate balances for each homeowner and tracking commissions. Clearing also streamlines reporting with custom owner statements and dedicated portals for accountants and homeowners, enabling efficient collaboration and transparency.
Target Audience
The primary target audience includes short-term rental property managers and real estate investors who need to streamline their financial management processes, automate bookkeeping tasks, and improve trust accounting accuracy.
Features
- Automated categorization and allocation of revenue and expenses by property, matched with booking details
- Trust accounting features to manage finances with separate balances by homeowner and commission tracking
- Expense management tools with custom categories and automated homeowner allocation
- Streamlined reporting to generate custom owner statements and invite accountants and homeowners to dedicated portals
- Direct payment capabilities via ACH for bills and homeowner payouts
- Accountant portal for transaction review and tax report preparation
- Owner portal for real-time tracking of portfolio performance
- Integration with Stripe, Airbnb, bank accounts, and credit cards