{"id":4265,"date":"2012-10-22T16:11:00","date_gmt":"2012-10-22T16:11:00","guid":{"rendered":"http:\/\/cloudnewsdaily.com\/?guid=c9a7cd7c683b113c94fe7416b0fdde20"},"modified":"2012-10-22T16:11:00","modified_gmt":"2012-10-22T16:11:00","slug":"propertyvista-lowers-cheque-processing-costs-for-property-management-industry","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/propertyvista-lowers-cheque-processing-costs-for-property-management-industry\/","title":{"rendered":"PropertyVista Lowers Cheque Processing Costs for Property Management Industry"},"content":{"rendered":"<\/p>\n

Property Vista Software Inc.<\/a> today announced that its cloud-based property management service can save property management companies up to 30 percent on the cost of processing rent and related payments, currently being made by cheque. Unlike other property management solutions, PropertyVista\u2019s software provides unmatched CRM capabilities at a fraction of the cost, helping property managers streamline their operations, from 1 to 500 units, along with REITS and larger property & condo management firms. The service provides property managers with a personalized website and online tenant portal<\/a> that they can administer without IT support. <\/span><\/p>\n

According to independent research, the cost to process cheques can range from $15 to $25 for each cheque issued. This includes both hard and soft costs, such as clerical, cheque requisitioning, authorization, reconciliation, tracing and more. PropertyVista allows property managers to eliminate many of these costs by automatically accepting payments online 24\/7, via cheque, credit, debit or direct payment. The cost to process payments is included with the PropertyVista monthly subscription, plus an additional fee, which varies depending on payment type and number of transactions.<\/p>\n

According to research from the Canadian Banker\u2019s Association<\/a>, 51 percent of Canadians reported that they bank primarily online, while 38 percent use Automated Banking Machines. In addition, CBA reports that 46 percent of Canadians use online bill payment as their primary tool for paying bills.<\/p>\n

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\u201cThe demand by tenants to conduct transactions online continues to increase \u2013 whether it\u2019s the need to pay online, make a maintenance request, or pursue a rental-related inquiry,\u201d said Leonard Drimmer, CEO and Founder of Property Vista. \u201cPropertyVista addresses the online shift in consumer and tenant behaviour, while providing property managers with the tools to more effectively operate in the internet and mobile age.\u201d<\/p>\n

PropertyVista Service Overview<\/p>\n