Blog

Overcoming the electronic payment plateau March 3, 2016

Pillars of success for driving electronic payment adoption to 100% The Challenge: Experts exclaim that the paper check is dead. The 2013 Federal Reserve Payment Study found that the number of paper checks paid fell at a rate of 9.2% CAGR from 2009-2012 and checks will continue to decline in favor of ACH, credit and... Read more »

Read More

Spoiler alert: Your Bank’s lockbox is giving you more work and costing more money than you realize February 6, 2016

Why Bank lockboxes aren’t built for the complexities of Real Estate payments The Challenge: Two people live in same unit with one marked “do not accept” because he’s moving out and the other renewing her lease. Check is rejected. Sponsor units with multiple checks and one coupon. Rejected. Payment submitted online through a bank without... Read more »

Read More

ClickPay, the SaaS Billing and Payments Leader for Real Estate, Signs Three New Clients and Expands Services for Others January 14, 2016

NEW YORK, Jan. 14, 2016 /PRNewswire/ — ClickPay, a leader in SaaS billing and payment software for the multi-family and commercial real estate industries, has added thousands of properties to the nationwide portfolio it serves, continuing the firm’s rapid expansion. New clients include Seacrest Services Inc., a full-service property management firm headquartered in West Palm Beach,... Read more »

Read More

The Case for Consolidation: Collecting Rent and Other Monthly Real Estate Payments from Disparate Channels is Inefficient & Costly January 8, 2016

Introduction:Rent checks dropped off with the doorman. Lease payments sent to the office. HOA fees mailed to the lockbox. Mobile payments electronically wired to the bank. Over time, property management owners and firms have amassed a plethora of ways for tenants to pay their rent and other monthly fees like utilities, HOAs, and special assessments.... Read more »

Read More

Back­ Office Efficiency for Residential 3rd Party Property Managers: Efficiency as You Grow October 30, 2015

Every new client you work with will bring a new set of unique challenges with embedded inefficiencies such as financial controls, communication needs and physical maintenance. To maintain the property better than the last firm, you’ll need to learn how to be efficient as you continue to add new clients to your property. Here are... Read more »

Read More