WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Website Related Website Revenue Saturday, August 13, 2022 
Add Press Release News | News Feeds Feeds | Email This News Email

Rentec Direct Adds New Vendor Online Payment Tool to Property Management Software
Wednesday, July 6, 2022

New feature built into Rentec Direct's software platform automates and simplifies accounting for real estate professionals

GRANTS PASS, Ore., June 28, 2022 /PRNewswire-PRWeb/ -- Rentec Direct, the industry-leading property management software company, has added a new Vendor Online Payment tool to its software platform to further automate and streamline workflow for real estate professionals. The updated, built-in feature gives Rentec Direct clients the ability to electronically transfer payments to vendors, eliminating the need for mailing paper checks. Property managers and landlords can save valuable time and money while eliminating a manual step from the vendor payment process.

"The mission we are always working toward as a software company is to save landlords and property managers time and money," said Nathan Miller, Founder and President of Rentec Direct. "Every choice we make is in the best interest of our clients with the goal to increase efficiencies and streamline daily operations. Our client support and development teams work hand in hand to translate direct customer feedback and requests into new features and software enhancements like this new vendor payment tool. We hope this will make the job easier for many of our busy clients working tirelessly to grow their rental businesses."

The Vendor ACH Payment tool will use Rentec Direct clients' merchant accounts to transfer funds directly to a vendor's bank account. After users set up the appropriate vendor profiles to receive ACH payments within the software platform, funds are sent electronically, the ledger is updated and vendors are notified by an automated email. Depending on the ACH processing time at the receiving financial institution, most payments will arrive in the vendor's bank account within two business days.

In today's digital age, electronic payments have become a necessary part of day to day business. Mailing cash or checks can be inconvenient and unreliable. Electronic payments eliminate many barriers for both real estate professionals and their vendors.

To learn more about Rentec Direct's latest feature, visit:

About Rentec Direct
Rentec Direct offers industry-leading property management software and tenant screening solutions for real estate professionals. Features include online rent payments, tenant and owner portals, one of the industry's largest vacancy listing syndication networks, full property, tenant, and owner accounting, 1099-MISC reporting and more. Rentec Direct was recognized as Real Estate Company of the Year in the 2022 American Business Awards®, named a SaaS Company of the Year in the 2022 American Best in Business Awards, was named one of the Most Customer Friendly Companies of the Year in the 2021 Best in Biz Awards, has been named to the Inc. 5000 List of Fastest-Growing Private Companies for five years in a row.


Media Contact

Brentnie Daggett, Rentec Direct, 5414509935,

Twitter, LinkedIn, Facebook

SOURCE Rentec Direct

Email This News Email | Submit To Slashdot Slashdot | Submit To Digg | Submit To | News Feeds Feeds

Nav Notice of Data Incident | Aug 13, 2022
Nav Reputation Adds New Social Experience Features to Enhance Its Complete Customer Experience Platform | Aug 13, 2022
Nav RBmedia Expands Audiobook Partnership with Brandon Sanderson and Mainframe, LLC | Aug 13, 2022
Nav Shoppable┬« Instant Shop to Empower the Creator Economy with a New Commerce Platform | Aug 13, 2022
Nav Global Merchant Acquiring Market to Reach a Volume of $41.75 Trillion by 2026 | Aug 13, 2022
Nav Mexico Prepaid Card and Digital Wallet Markets and Investment Opportunities Report 2022-2026 | Aug 13, 2022
Nav Givex Subsidiary Electronic Scrip (eScrip) Reaches $450 Million in Donations to Local Schools and Nonprofits | Aug 13, 2022
Nav Normalyze Announces General Availability of Its Freemium Offering To Help DevSecOps and Security Engineers Discover and Secure Cloud Data | Aug 13, 2022
Nav REAL SIMPLE Reveals Winners of the 2022 Smart Money Awards | Aug 13, 2022

Submit News | View More News View More News