As a college student, I appreciate how MyResPay accommodates
my need to pay my rent electronically, where and how I choose.
Nora
Schuh,
University of Missouri
The management problem:
My collections process is slow, expensive and tedious.
Revenue flow and accounting is delayed every month, and I'm relying on layers of management to accurately report my books.
I have several scattered properties and I want to manage them remotely without driving around every month.
The tenant problem:
I don't get paid until Friday and rent is due, but I have plenty of credit.
I'm out of town and my landlord needs my rent check tomorrow.
My rent check hasn't been cashed and it's been two weeks.
I want to view my payment history.
The solution:
Instantly synchronize resident and manager transaction portals.
Electronic check, debit, and credit card rent payments allow managers to receive immediate accounting. In addition, tenants enjoy the ability to pay their rent from out of town and with a variety of methods. Overall, payment delinquency is significantly reduced. In addition, same-day processing eliminates the probability of bounced checks and transfers capital immediately to the property holder's account. Tenants are no longer confused by the length of time between when they pay their rent and when their checks are settled.
Additional features like recurring billing, late fee generation, rent due reminders, and help desk features empower leasing managers to automate tasks and streamline work-flow.
As a college student, I appreciate how MyResPay accommodates
my need to pay my rent electronically, where and how I choose.
