Property Management 

Property Management Remittance Processing

There's a better way.

Quickly solve a host of familiar property management problems and frustrations -- from a high volume of checks, coming in early each month, to the inefficiencies of depositing in multiple banks, and more.

We're the leader in turning inefficient payment processes fast and easy.

WAUSAU Financial Systems is the industry leader in providing lockbox and remote capture technology. As a choice solution partner for 11 of the 25 largest financial institutions and a trusted payments leader with 30+ years of proven execution, WAUSAU is the leading provider of integrated payment processing solutions. We hold the #1 market share position in retail and wholesale remittance processing solutions and process more than $1 trillion in transactions each year. We're leveraging all that trusted leadership to  support healthcare providers, from clearing houses and medical billing companies to practice management software providers.

 
YOUR CHALLENGES, YOUR OPPORTUNITIES

Checks represent 90% of payments that property management companies receive. In today's competitive environment, digitizing and automating the process is becoming a necessity.

  • Check volume and variety. Taking in business, personal and commercial checks means coping with high volumes of paper once a month, creating workflow peaks and valleys.
  • Geographic dispersal. Depositing in multiple banks, both local and remote, means costly driving and mailing.
  • Slow cash flow. Manual sorting and data entry. Heavy mailing and driving. Arriving too late for same-day posting. Standing in long lines. These frustrations delay deposits to your accounts.
  • Non-sufficient Funds (NSF). In property management, bad checks mean more than delayed collection. You need to know about NSF right away in order to evaluate eviction and other issues.

 
OUR BENEFITS 

Using Remote Deposit Capture (RDC), our best-in-class solution organizes and consolidates payments electronically, ending high costs and inefficiencies — and easily integrated with your existing accounting software.

  • Automate every aspect of check processing. Ending manual check sorting, stamping, data entry, photocopying, filing and printing optimizes workflow and workforce during those peak times — and lowers costs dramatically.
  • Consolidate the deposit process across accounts. Imaging, digitizing and automating instantly eliminates the limitations of using far-flung physical locations — drastically reducing courier and mailing costs.
  • Speed posting and integrate records. Get money into accounts quickly and reliably, every time, with a single, real-time view of all records and documents.
  • Get quick NSF notification. Automatic NSF messaging gives rapid, reliable notification and resolution. And using Automatic Clearing House (ACH) means no NSF fees.