Collecting What You're Owed Was Never So Easy

Propertyware provides property managers a powerful online tools for automating the entire collections process. Improve the efficiency of each property manager with comprehensive time saving tools that take the costly mistakes and guesswork out of the collections process. The Money In module provides a simple screen of all leases with open balances, while allowing you to record tenant payments and calculate late fees in record time. Processing all methods of payments through Propertyware's Money In module increases the accountability of your management team and eliminates many of the data entry mistakes typically found in other payment processing solutions.

This turnkey process ensures that your property managers collect what they are owed each month, groups payments into bank deposits, print a deposit slip, and indicate when the money has been deposited in the bank. And because all these activities happen online, Propertyware this affords owners and manager better visibility in to the collections of their income than ever before.

Benefits

Faster payment processing means accelerated collection of property income
Better accountability of property managers and reduce the potential of fraud
Automatic calculation and enforcement of late fees maximizes property income
Easy reconciliation of Bank Deposits in Propertyware or QuickBooks
Gauge the effectiveness of each property manager's efforts to collect income
Standard tenant notices and statements ensure your property managers have professional forms to communicate with your tenants
Generate on-demand reports to gain better visibility into the collections process. Choose from standard reports or create your own custom report online.

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Testimonials

Generate Tenant Statements and Notices Online

Invoicing your tenants on a monthly basis can reduce the number of late payments and improve the cash flow for your rental properties. Propertyware's Money In module provides your business with the tools to create tenant statements and the standard notices required to communicate with your tenants. Choose from standard templates or design your own online. Your statements can be sent to tenants via regular mail, e-mail or fax.

Enter Tenant Payments in Record Time

Propertyware's Money In module will dramatically improve timeliness and accuracy when recording incoming tenant payments and other sources of property income. The Quick Collect feature gives property managers one powerful screen where they can enter multiple payments at once. Use customizable filters to enter payments by selected properties, view each tenant's past due balance credits, and any unapplied prepayments.

Payment Details At Your Fingertips

Use Propertyware's powerful search engine to locate any payment recorded by your management team. The payment detail includes all the information regarding the recorded income, the user that created it, charges it was applied towards, and any discounts or adjustments. You can even track when and who deposited the payment in the bank.

Automatic Late Fee Calculation

Propertyware's Money In module includes a powerful late fee calculator that takes the headaches out of enforcing your payment policies. Simply setup your late fee rule for all leases or customize the rule for each individual lease. The late fee calculator will then calculate all you late fees with a few easy clicks of the mouse. You can even send late notices to your tenants from Propertyware.

Track Income All The Way to the Bank

Propertyware's Money In module makes gives your property manager a simple process for ensuring that they collect what they are owed each month, while giving owners and managers visibility into the entire process. Each time you record a payment, it is automatically included in an open bank deposit. Once all your payments have been recorded, your property managers can print a deposit slip and head off to the bank. Bank deposits are then closed and a scanned copy of the deposit receipt can be attached for future reference.

View Payment Summary

Executives and owners will appreciate all the tools that Propertyware provides them to gauge the effectiveness of their management teams efforts to collect property income each month. Propertyware Money In module allows you to see a history of all recorded payment with customizable filters to view them by property, date, and payment type.