SME Professional Launches Open Banking for 2026

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 in the nationwide Negotiator Property Awards ahead of some of the UK’s most well-known industry names.

SME Professional was launched in 2011 by Manging Director Fraser Sutherland and Technical Director Robin Lyles. Welcoming the launch of Open Banking, Fraser Sutherland said: “Our new Open Banking integration is a gamechanger 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. 

Mr Sutherland 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.” 

The SME Professional software platform delivers the full range of functionality required by multi-service agencies, with a strong emphasis on process-driven workflows. This approach has a proven track record of helping customers save both time and resources compared with alternative systems.