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| Electronic Payments Benefit Property Owners and Tenants |
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| Press Release |
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With the number of electronic transactions now overtaking the number of checks paid, the benefits of automated rental payment solutions that meet the specific needs of property owners, managers and tenants are clear.
"Most property owners and real estate offices are extremely interested in automating their accounts receivable", says Eric Herman, Director of Real Estate Services at Creative Cash Flow Solutions (CCFS), a New York based electronic payment services company. "But many feel that current automatic payment options don't integrate well with their accounting and invoicing processes. Even more are concerned that tenants would be resistant to change."
According to Herman, these concerns are unfounded. New electronic payment services such as those offered by Creative Cash Flow Solutions' RenterChecks (www.renterchecks.com) website are tailored to the exact requirements of real estate and property businesses.
"We spent a long time talking to companies in all areas of the property business", comments Herman, "and quickly realised that no two real estate offices operated in quite the same way. Rather than this being a problem, it clarified how best to serve this diverse industry."
CCFS' modular suite of rent collection services, including automatic ACH debits, phone and Internet payment options plus a complete outsourced payment processing service means that vacation rental, commercial and residential property owners can now take advantage of solutions that fit their business. Other features include 'Remote Website Authorization' which enables tenants to create their own payment plans without any paper flow to a real estate office.
Tenants, too, are finding benefit in paying their rent or maintenance payments electronically. "The feedback we are getting from clients is that tenants actually like paying electronically", says Herman, "because - once the payment plan is set up - it's one less thing for them to think about."
CONTACT INFORMATION
Eric Herman
Creative Cash Flow Solutions
Toll Free: 1-866-691-0666 x 105
Direct Dial: 631-229-0070
www.renterchecks.com
eric@renterchecks.com
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