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buildium.com · newsletter
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Buildium
Payment Apps for
Rent Collection
aking payment tracking and reporting easier to manage
Hi John,
A lot of teams start out using tools like Zelle or Venmo when they add a few new doors.
It works well enough early on, but once payments start coming in through multiple platforms, the manual tracking on the back end tends to catch up pretty quickly.
Most of the friction shows up at month end — matching deposits to the right unit ledger, tracking down partial payments, or trying to reconcile reporting across multiple systems.
That part usually gets harder long before the payment volume itself becomes unmanageable.
This article goes through a few different payment approaches and how they affect reporting, reconciliation, and day-to-day operations — you can take a look here.
Are most of your rent payments already online today, or are teams still balancing a mix of systems?
Best,
Tony
If you ever want to see how Buildium handles rent collection and ledger tracking, you can find a time here.
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