Paperless pay is just one benefit of PayLease’s Resident Billing solution. Using electronic billing services speeds up the resident payment process, helping property managers and HOAs receive their rent and due payments faster. Go paperless and make your business more efficient.
Benefits of Paperless Billing for Property Managers and HOAs
Why are so many property management companies opting for an e-billing solution?
Faster Rent Collection
Reduce rent processing time
More Reliable Rent Collection
Cut down on delinquencies
Automate Rent Payments
Residents can set up AutoPay to ensure their bills get paid each month
Immediate Payment Confirmations
Payments are automatically reflected in accounting software
Never worry about a lost paper check or money order again
Reduced Data Entry Time
Eliminate manual payment processing
Reduced Data Errors
Eliminate resident under-billing and over-billing
Improve Resident Satisfaction
Residents will be happier with more convenient payment options
How the Paperless Pay Option for Residents Works
Residents receive an electronic bill that includes rent, utilities, and any other ancillary charges. They can pay for all of their charges in a single online transaction, over the phone, or mail in a payment.
Our Clients Love Paperless Pay
Champion Property Management came to PayLease with a goal to dramatically lower the number of paper checks received every month.
“We knew that processing our rent payments electronically would have a great impact on the efficiency of our office, so we were willing to do whatever was necessary to maximize the number of residents paying that way.”
Champion’s Resident Utilization: 77%
Multifamily Units: 2,700
Monthly Savings: $2,452
Property Management Paperless Billing with PayLease
Collecting rent and HOA dues is easier than ever thanks to PayLease’s Resident Billing service. Implementing paperless billing is cost-effective and easy.