|
|
 |
Advantages for the Management Company
Processing Delays are Reduced and Security is Increased. This dramatically reduces the time you
spend processing accounts receivable. No more opening mail, sorting payments, preparing deposit slips,
photocopying checks & coupons; no more time-consuming daily trips to the bank. By uploading our data
file directly into your accounting system, the time it takes to post payments is measured in minutes
rather than hours.
Accuracy. Electronic processing eliminates human errors. And since we do our processing in-house,
it is not sub-contracted to a third party; we have direct access to the files & transactions, making
research a snap.
Cost. While some other banks also offer lockbox services, the analysis fees can run into the
hundreds if not thousands of dollars per month. These costs usually must be allocated & charged
to each association. Compare that to ZERO, zip, zilch, nada. This is not just a come-on: we have
never charged a fee to a management company for our CIC services.
|
| See More Advantages >>> |
|
|
|
|
