There’s an ongoing debate among commercial property managers: should we be invoicing our tenants monthly? After all, tenants should already know how much their rent is and when it’s due. This information is in their lease and it doesn’t change. Shouldn’t we save time and resources by skipping these recurring invoices?
Imagine your office free of paper checks… Then imagine what you could do with all the time you’d save if you weren’t processing checks by hand. Saving time with a streamlined payment system is one of the Benefits of ACH for Commercial Real Estate.
For many real estate owners and landlords across the country, the first real impact of the COVID-19 is becoming a reality with rent collection. Clearly, rent payments have been profoundly impacted by COVID-19.
The desire is often strong to fill a vacant office space.