With vs Without TenantPay
Discover why TenantPay stands out from other platforms—offering unmatched time savings, fraud prevention, user-friendly features, and comprehensive reporting tailored specifically for co-operative housing.
No. Pay only during office hours.
Split Payments
How does the time spent collecting rent the traditional way compare to our approach?
Yes
Efficient rent collection with no time wasted, unlike traditional methods.
No/Limited
Completing deposit books, driving to the bank, searching for parking, and enduring queues multiple times a month, all while losing valuable time chasing bounced cheques.
Prone to fraud and missed payments
Direct Deposit to Bank Accounts
Detailed Reporting
Cost incurred in case of insufficient funds or returned checks.
Yes, shows who paid and when
No, dig through spreadsheets
Integration with NewViews
Is there any action required by the landlord to ensure the payment is deposited into their bank account?
Yes, supported directly
The landlord doesn't need to take any action. They will receive daily emails when payments are received. Additionally, reports are provided for easy integration with most accounting systems.
No, manual process everytime
Visits to the bank for check deposits or scanning each check individually.
Cost of NSF
Cost incurred in case of insufficient funds or returned checks.
No NSFs
The landlord doesn't need to take any action. They will receive daily emails when payments are received. Additionally, reports are provided for easy integration with most accounting systems.
$25-50
Visits to the bank for check deposits or scanning each check individually.
Co-ops save up to 22.5 hours per month while avoiding fraud, minimizing user errors, and gaining access to detailed reporting with our platform.