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Sep 09

Tip of the Month: Still Driving to the Bank? Stop Now.

Posted by: Property Solutions | Category: Tips & Tricks


Since the introduction of Check21 legislation nearly five years ago, going to the bank to deposit rent checks has become increasingly unnecessary. Check scanning devices save time, paperwork (those pesky deposit slips), and gasoline by transmitting digital images of checks and money-orders electronically. By now, most properties have a check scanner hard at work in the accounting office simplifying the deposit of rent funds. Do you?

And if you do, is your check scanner also simplifying the posting of rent payments made by check? Property Solutions’ ResidentPay™ Check Scanning program not only scans and transmits check images for deposit, it also helps you integrate payment information with your accounting software, automatically posting payments scanned to the correct resident ledgers and eliminating the need for additional data entry. We are constantly improving our check-scanning software and have recently upgraded the image recognition capabilities of our program and enhanced the user interface to make processing rent checks easier than ever.

Several options are available. If you’re still driving your rent deposit to the bank, give yourself and your car a break. Contact your Sales Rep today or call 877.826.9700 for additional information.

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Call us at 877.826.9700
Property Solutions provides web-based property management software tools for the multifamily industry. The company maintains a reputation for industry-changing innovations in property management software with cutting edge tools in marketing, leasing, and online payment processing. Our scalable solutions make Property Solutions the leading provider of landlord software, apartment websites, and systems that allow residents to pay rent online. Seamless integration with a variety of industry-leading property management systems makes Property Solutions' software tools even more effective. Implementing property management software from Property Solutions allows property managers to streamline processes and simplify transactions. Property Solutions' interactive apartment websites are easy to launch and effortless to maintain while our payment processing and online leasing tools post online transactions directly to your property management software in real time.