With TransCentra’s Property Management solution, financial institutions can now offer payment processing services specific to their Property Management Company (PMC) clients. TransCentra’s software for Property Management includes TransCentra Transaction Management System, Intelligent Document Recognition, TransCentra Archive, and Remote Deposit Capture to meet the specialized needs of property owners. The solution will save your customers time, money and hassle and help you acquire new customers.
Tenants send payments to a centralized P.O. Box or pay electronically and receivables data is accumulated and transmitted according to the PMC’s requirements. This means that PMC clients have a clean and organized data file without the trouble of collecting, sorting and depositing the payment themselves.
Along with processing paper checks and coupons, TransCentra’s Property Management solution can process electronic payments including credit-card payments, EFT payments (once or recurring), and ACH payments. The solution also includes address-change detection, client verifications, late-fee rules, and more. All features are implemented according to the PMCs specific requirements and workflows.