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Convergent Billing

 

UtilityTrakRTM offers a multitude of functions to support Convergent Billing – the practice of displaying all applicable charges to a tenant on one invoice. UtilityTrakRTM’s flexible architecture allows any charge at to be assessed to an account along with standard utility charges – rent, security system fees, parking permits, internet charges, cable tv, pet fees – literally anything can be posted on these invoices. By utilizing convergent billing, companies realize a much higher collection percentage, as the balance owed by the tenant is tied to other required charges for residence.

Discover UtilityTrakRTM's unrivalled software solution for convergent billing:
  • Bill for ANY convergent charge, and import/export charge values from a wide variety of property management/accounting programs – including previous balances and open transactions.
  • Combine charges into customizable invoice sections and line items.
  • Report on any number of metrics, including billed amount for each separate charge, payments/write offs applied towards each item, and current or previous accounts receivable – by type!

Find out how much time and money convergent billing can save for you:

Schedule a free online walkthrough by calling 806-792-9863
 
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