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Deposit PropTech upgrade claims to ease chore of manual inputting

Tenancy Deposit Scheme, the not-for-profit government-backed protection service, has announced an upgraded PropTech integration with automated deposit registration platform MRI Software.

TDS claims that its integraiton is designed to make life easier for agents when they register deposits, eliminating the time-consuming task of manually duplicating deposit registration data from CRM platforms onto a deposit scheme platform.  

Sean Slack, vice president of partner connect at MRI Software, says: “The need to either insure or place deposits into a deposit protection scheme is a legal requirement. MRI has worked with TDS for many years, and the latest iteration of the integration means that our mutual clients benefit from less double keying between systems, generating cost savings, time savings, and data accuracy.”


And Steve Harriott, the chief executive of the Tenancy Deposit Scheme, adds: “TDS and MRI share the same vision for open and connected software in real estate solutions. We are delighted to partner with MRI, as the integration will support our objective of improving the private rented sector and making the lives of our customers easier.”


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