Electronic check conversion (check scanning) is the most cost-effective way to improve property cash flow and increase site-level efficiency. Check scanning eliminates daily bank runs and manual payment posting. Property managers no longer need to copy and file paper checks. RentPayment stores check images digitally and provides complete online payment management to both corporate and site-level managers. All payments are managed and submitted through RentPayment's Web-based single point-of-entry system.

Check scanning allows property managers to spend more time with customers and less time collecting and depositing rent. RentPayment supports best-of-breed check scanning hardware and processing practices. Check scanning products include both personal check scanning and Check 21 (money orders and business checks).

Personal Check Scanning (ARC)

ARC scanning allows properties to scan personal checks at the corporate or leasing office. Scanned checks are captured and instantly displayed on the property manager's computer screen. After checks are scanned they can be immediately assigned to residents for processing. Check images are automatically stored digitally for later access and immediately converted to electronic payments.

Check 21

The Check Clearing for the 21st Century Act (Check 21) was signed into law in 2003. Check 21 has opened a new world of efficiency to property managers. Properties can now scan and automate all paper-based payments including business checks and money orders through RentPayment's proprietary decisioning engine. All receivables are instantly converted to electronic payments.

RentPayment's check scanning solution integrates seamlessly with the RentPayment One platform, providing a unified interface for managing credit card, e-Check, and scanned check items.