• BEACON COMMUNITIES TRANSFORMS AND SAVES WITH RENTPAYMENT

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    With over 40 years of experience developing and managing neighborhoods throughout New England, real estate rm Beacon Communities is seasoned in the business of creating communities. When the inconvenience and labor intensive process of manually processing paper checks started to slow down business growth, management decided it was time to evolve with a cutting-edge payments solution that would bring efficiency to company operations.

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    We knew we needed a 21st century solution in order to support our growth goals and bring long needed efficiencies to our operations.

    Richard Goff Senior Vice President Information Technology

    90%

    COMPLIANCE WITH ONLINE PAYMENTS AT AFFORDABLE HOUSING PROPERTIES

  • DOUGLAS ELLIMAN AVOIDS THE PAIN OF SCALING AN IN-HOUSE PAYMENTS SYSTEM BY PARTNERING WITH RENTPAYMENT

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    Douglas Elliman Property Management, one of the largest New York regional real estate companies, processed payments using an in-house system and updated resident bank account records manually. As the company and number of residents continued to grow, so did the risk and concern for securely storing and maintaining the high volume of resident data. Douglas Elliman Property Management realized they needed a more robust payment processing solution to resolve their concerns and support the increasing number of residents.

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    We did not have the I.T. or personnel resources to grow the e-payment business internally. We set our eyes on RentPayment because of their seamless integration and the flexibility it provided.

    Harris Bornstein Chief Financial Officer Douglas Elliman Property Management

    20

    ACCOUNTING PERSONNEL HOURS SAVED WEEKLY WITH ONLINE PAYMENTS

  • ADOPTION OF RENTPAYMENT ENHANCES FREEMAN WEBB COMPANIES’ ABILITY TO GROW

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    Freeman Webb Companies is a full-service real estate and property management rm. In December 2013, it acquired First Management Services. At the time of the acquisition, First Management Services had a successful partnership with RentPayment, the leading online payment solution for the multifamily housing industry. The partnership with RentPayment offered convenience to residents. All renters, especially the millennials, could pay online or on their mobile devices. Freeman Webb Companies’ management team was able to save time and money processing paper checks electronically. For these reasons, Beth Hackett, Procurement Manager, stated, “it was a natural evolution for all of Freeman Webb Companies’ properties to use the RentPayment solution.”

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    Every resident, depending on what they are comfortable with, now has the option for payment and various ways to make those payments. This improves collections and assists in offering technologies that consumers want today.

    Beth Hackett Procurement Manager

    60%

    RESIDENT ADOPTION RATE OF RENTPAYMENT AT FREEMAN WEBB PROPERTIES MONTHLY