With the popularity of our EasyPay program where you can automatically deduct rent from a tenant’s (or owner’s in the case of associations) account we have extended the capabilities. Based on popular request, we’ve added a second application available for download at Settings, EasyPay Setup. The new application allows for the tenant to pay the transaction cost.
One application is the original where you, the landlord or property manager, pays the transaction cost. The second application has the tenant agree to the cost, and simply adds it to their payment(s) at the time of processing. The cost is the same either way, you just now have the option of who pays it.
If you are not already setup for EasyPay, it is simple to get setup. Login to your Rentec Direct account and select Settings, Setup EasyPay. The application to get started is available there. We can simplify your rent collection process right away.
Product Update, Rentec PM, Rentec Pro, Rentec for Associations
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We all have kids (or know somebody with them), and probably at one time or another we’ve rented an instrument for their band class. I’ve done the same and found none of the music instrument rental locations offer an automated payment method. The ones I’ve spoken with send an invoice monthly and ask the renter to mail back a payment.
I figure this has to be expensive for the shop. Envelope, invoice, stamp, plus return stamp and the time it may take to cash the check. What if there was an automated way? Enter Rentec Music Rental Software. We are leveraging the already powerful engine which drives Rentec’s property management software and soon making components available to other rental industries.
This will not only provide a new service to an industry desperately in need, but it will continue to help improve the core Rentec Direct product with new features and improvements that may benefit both industries. Keep an eye out for new improvements in 2010!
Off Topic
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Rentec Direct is pleased to announce the renter portal. Just like landlords and property managers can login to view account details, balances, etc; you can offer similar functionality to your tenants.
Tenants can login using their own username and password and view limited details about their account. This reduced screenshot shows the summary screen that a tenant who is Overdue would see. A paid up account would see their next payment due date, and the amount due.
Additionally tenants can review their statement, and make minor setting changes, such as email address updates, and email receipt preferences.
To use this feature, login and edit the tenant you wish to have access and check ‘Enable’ on Tenant Portal. Be sure you have an email filled in for the tenant as this will be their username, and the password will be their password for accessing the portal. If you leave the password blank, the system will automatically generate a random password for you.
Tenants access the portal by visiting http://www.rentecdirect.com/ and clicking Login, or directly by going to http://www.rentecdirect.com/tenants/
In the future, for landlords who have merchant services or electronic draft enabled for their tenants, tenants will be able to make rent payments directly from this interface.
Product Update
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