SME Professional launches Open Banking technology

Managing Director, Fraser Sutherland, and Technical Director, Robin Lyles, says this Open Banking integration is a game changer for the business.

Property software company, SME Professional, is launching a new Open Banking integration within its property management platform for both new and existing customers from this month.

Following 12 months of rigorous testing and approvals, the integration is described by the company as a ‘game changer’ for improved client accounting within the industry, giving firms greater efficiency, visibility and control over client money.

The Open Banking roll-out marks a successful 2025 for the company, having secured, for the second year running, the prestigious Silver Award for Agency Software Supplier of the Year at the The Negotiator Awards.

Manging Director, Fraser Sutherland (main image, left), commented: “Our new Open Banking integration is a game changer both for our property management platform and the wider industry. It provides a smarter and more efficient approach to client accounting which can lead to significant cost savings for all our clients.”

The new integration connects directly to a firm’s existing client bank accounts, providing transaction feeds, automated reconciliation, and greater accuracy across client money records.

Crucially, property management firms migrating from accountancy systems that restrict users to provider-controlled client accounts can now retain their own established banking arrangements – maintaining full control while benefiting from modern Open Banking technology.

Designed around the practical demands of day-to-day operations, the system supports detailed client money tracking, automated postings, robust reporting, and sophisticated deposit scheme integrations, all delivered through a proven platform that integrates seamlessly with existing banking relationships.

Fraser added: “SME Professional reflects nearly two decades of experience developing advanced, cloud-based systems for property management firms. By introducing Open Banking, we’re extending an already mature and comprehensive platform with enhanced financial intelligence – without compromising control, compliance, or operational integrity.”