Bookkeeping

Payment Processing for Senior Living

yardi accounts payable manual

Process invoices electronically with Yardi PayScan and gain access to over 2 million MRO products with Yardi Marketplace. Centralize service contracts and vendor information in a single system of record with Procure to Pay Services. In addition to streamlining accounts payable with Bill Pay, Yardi Payment Processing optimizes accounts receivable by making collecting payments easier. Tenants and residents can conveniently pay rent and other fees in a variety of ways, including by check, online, via text or at participating retailers.

  • Scanning may be done by your organization or outsourced to Yardi’s full-service PayScan team.
  • Yardi Bill Pay processes, prints, transmits or mails payments, saving significant effort and increasing staff productivity.
  • Add convenience for your residents and staff with a complete solution for accounts receivable and accounts payable for residential property management.
  • With full-service, Yardi will process, print and mail checks on a business’ behalf, saving clients significant effort and increasing productivity.
  • Yardi Bill Pay pulls electronic payments from your Yardi Voyager database and transmits them to your banking network, which sends an acknowledgement file back to Voyager.

Residents can log in, view their account balances and pay rent directly from a bank account or with a credit or debit card. Online payments are entered directly into Yardi Voyager, with automatic deposits and easy bank reconciliation. Your successful cost recovery is backed by our dedicated support teams. Expert energy client services, utility regulatory staff and our occupant Call Center are focused on supporting your team and occupants. Our Yardi Voyager and Yardi Energy support teams work together to provide multifaceted consultative support for your portfolio. Text payments improve operational efficiencies while increasing resident satisfaction by providing an in-demand mobile service.

“The Yardi integration with AvidXchange has allowed big efficiency gains in our AP processes.”

For vendors and owners that do not accept electronic payments, clients may self-process checks or take advantage of Yardi’s full-service check processing. With full-service, Yardi will process, print and mail checks on a business’ behalf, saving clients significant effort and increasing productivity. Users choose which payments to outsource, retaining filing taxes for on-demand food delivery drivers full control and oversight. Streamline the way you process invoices with efficient, online approval workflows. Approve invoices faster and make fewer mistakes by scanning paper invoices and converting them into Voyager electronic transactions. Ensure timely vendor payments with Yardi’s virtual credit card, EFT, or automatic check writing.

Reduce the time and effort it takes to process invoices and payments by cutting out paper altogether—along with the clutter that comes with it. Our solution is integrated with Yardi which means you’re just as little as 45-days away from removing the paper and enjoying a more efficient payment automation experience. See our payment processing solutions for commercial and residential properties. Electronic payables lower the cost of approving payables and reduce errors by eliminating redundant data entry. Scanning may be done by your organization or outsourced to Yardi’s full-service PayScan team. Yardi Bill Pay pulls electronic payments from your Yardi Voyager database and transmits them to your banking network, which sends an acknowledgement file back to Voyager.

Payment Processing

Speed up rent collection, eliminate bank runs and streamline vendor payments with Yardi Payment Processing. Add convenience for your residents and staff with a complete solution for accounts receivable and accounts payable for residential property management. See our payment processing solutions for commercial and senior living properties.

yardi accounts payable manual

Give residents and their responsible parties the convenience of making payments online with secure access and family portals. Maximize spending control with negotiated pricing and real-time budget checks. Yardi Bill Pay processes, prints, transmits or mails payments, saving significant effort and increasing staff productivity. A robust dashboard gives you a deeper level of insight into payments. Increase your utility cost recoveries by up to 20% with convergent billing. Yardi Utility Billing combines utility charges with lease charges and other recurring costs into convenient monthly statements.

Final Bill Processing

Give residents the convenience of making payments online with simple, browser-based access and handy mobile apps. Choose which payments to outsource and retain full oversight of your accounts payable. Maximize utility cost recovery by billing occupants back through your Utility Billing Program. Residents or family members can log in, view their account balance and make payments directly from a bank account or with a credit or debit card.

Facilitate fast and accurate approvals by quickly routing invoices to the right member of your team. Approvers receive email alerts, then log in to their dashboard to process each invoice. If a need arises to create a final bill before deposit accounting, we have a tool to create that final bill on demand.

RentCafe Senior Living

Centralize product and service vendor information with VendorCafe while reducing property risk with VendorShield. Reduce operational costs with an outsourced vendor payment process that completes the automated procure to pay cycle. We deliver modern utility statements clearly displaying energy costs and consumption using data from submeters. Our services include direct occupant billing and online payment options, designed to increase efficiency and maximize NOI.