Property Management Payment Processing

How much time do you spend batching checks - making copies of each check - and taking the deposits to the bank?

These are the biggest pains for a property management company. They are time consuming and packed into the first week of the month. Then 5-10 days later you receive the NSF checks and have to spend time to collecting those payments.  Finally, if they don’t pay, you have to start the eviction process.

The BankCard Central Bill Payer Suite can make the process more cost effective and less time consuming. Here are a few of the features:

• Back Office Conversion (BOC)
  Image and batch checks and submit them electronically. This eliminates the need for making copies of checks and taking them to the bank for deposit. You are able to batch the checks and submit them electronically. You are also able access the images of the checks for 2 years. You will receive NSF notifications in half the time and will be able to automatically represent the checks for payment if you choose to.

• Credit Card Processing
  Process credit cards in your office or through you website. This provides your tenants with alternative methods of payment and properties additional ways to collect on NSF items.

• Debit Card Processing
  Process debit cards in your office. This provides your tenants with the ability to pay their rent with their checking account or savings account without having to write a check.

• Pinless Debit
  Process debit cards through your website. This provides your tenants with ability to pay their rent with their debit card on your website.

• Recurring Billing of Checks or Credit Cards
  Tenants can pay their rent through Recurring Billing and set it up once and have each month process automatically from their checking account or credit card. This is a great convenience to offer your tenants. Plus it requires no additional trips to the bank

No matter which services you decide to take advantage of, we can provide you with consolidated reporting. This will give your bookkeeper additional time to work on other projects, provide your tenants with multiple ways to pay, and help your office run more efficient and effectively.

For more information please contact us today.