One of the biggest problems that all property managers face is the collection of rents and keeping track of them. And it becomes all the more difficult if any tenant cheats you in believing that he/she has paid the rent but the fact is, he/she hasn’t. How will you know that it is not your mistake and that you didn’t forget to update your database? There is no way to make sure of that. That is why an automated system to keep track of rent payments is absolutely indispensable to any landlord or property manager these days. Now, the question that comes in your mind while you read this is – Can there really be a software that will make your work easier? Is there a software to track rent payments online? And the answer is – Yes there can be, in fact, there is such a software that caters to all your specific needs and requirements of property management which includes rent collection and payment tracking as well.

What are the primary features of such a software?

  • Managing your properties – Our property management software is quite potent in managing multiple properties at once. You have to create a unit including all your buildings, their tenants, janitors and suppliers and the software will take care of every other need like maintaining track record of lease dates, mortgages and finances.
  • Online payments with credit cards – The software provides your tenants the facility to pay their rent using credit cards. There are two advantages to this facility. One is you have a concrete report of which tenant has already paid the rent and secondly, you can provide a detailed report if any client wants to see the same. Also, it offers huge convenience to the tenants who do not have to step out of their homes every month to pay their rent.
  • Say good bye to your long excel sheets – Now, you can say goodbye to those inhumanly long excel sheets where you used to keep all your data and income/expense reports. Replace them with the software that consists of an easy-to-use dashboard and enjoy the benefits.

So, if you are looking forward to track rent payments with the help of an automated system, the property management software can be an effective choice for you.