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Industry Solutions | Property Management "Our company needed a way to expedite the timeliness and efficiency of customer payments to avoid late fees. When all checks arrive within a day or two of the due date it causes a bottleneck at the end of the month. Automating the scanning, accounts receivable update, electronic deposit and the amazing research tools have been phenomenal."
RemitPlus is easily tailored for community associations and property management companies. Residents are able to send checks along with a machine-readable coupon for scanning. Funds can be split and credited into a separate demand deposit account for each property at the end of the day. Checks and remittance coupons are imaged for long or short term storage while remaining immediately accessible and searchable.
When managing several properties and multiple accounts, RemitPlus is a robust tool for capturing all paper transactions efficiently. Benefits to Property Managers:
- Check imaging and archiving
- Multiple account deposits
- Increases funds availability
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