1 Current Process
Annual Admin Time Saved
Cost Savings: $3,000
Automate reminders to collect 99% on time.
Automate CollectionPaper Checks are a Liability
Processing a single check takes about 10-15 minutes (open, record, drive to bank, deposit). If 40% of your tenants pay by check, you are wasting hours every month on low-value data entry.
This calculator quantifies that wasted time. But the real cost is late payments. Tenants forget. Automated systems don't.
The "Nudge" Theory of Rent Collection
Most late rent isn't due to lack of funds; it's due to lack of attention. A simple text reminder on the 1st and 3rd of the month can reduce late payments by 50%.
Automating the Chase
Stop making awkward "Where is the rent?" calls. Use an SMS Texting Agent to send polite, automated reminders. "Hi [Name], rent is due tomorrow. Click here to pay instantly." It's less intrusive and more effective than a phone call.
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