Commercial real estate has always been an early adopter of technology solutions - and it's time for your billing and payments process to line up.
Your Back Office Is Complicated, But Tenants Don't Need to Know
Growing portfolios result in new entities, bank accounts, and all the cash application and reconciliation headaches that are part of that. We've built our solution to eliminate the chaos, deliver a seamless payment experience for your tenants, and make sure that your cash ends up in the right place, every time.
Commercial Real Estate
“Following an extensive evaluation process, we selected VersaPay ARC as the platform to provide an easy-to-use portal that allows our tenants to view their invoices and make payments online. the VersaPay platform not only gives our tenants a portal that makes it easy and convenient to work with us, it provides our internal team with a powerful suite of tools to manage our accounts receivable and collections processes more effectively."
Director of Treasury
Your tenants are ready to transact and communicate online - and our tenant portal is up to the challenge. From statement history and e-payments, through to online sales reporting and other types of collaboration, we have the integrated solution for your tenants and your AR team to manage all aspects of your relationship.
Landlords communicate with their tenants with letters, emails and phone calls - and it results in missed payments and lots of follow-up. There's a better way - with ARC, statements go out once a month, questions can be asked and answered online in real-time - and you get an engaged tenant base that pays on time.
No two tenants are the same - so why do you force everyone to pay the same way? Put the power of payment flexibility to work with e-transfers and credit cards that make your tenants happy and reduce work for your team. We even give you tools to automate the work around processing check payments.
Real estate is known for having complex corporate structures that can make the cash management challenging. We hide this complexity from your tenants, and make it easy for you to manage across multiple properties and bank accounts with powerful automation, matching and routing.